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Hepburn Shire, VIC

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The Shire of Hepburn is a local government area in the state of Victoria, located in the state’s central region. The Hepburn Shire property market is quite small and rural. There are not many properties for sale, and those that are available are usually affordable. The market is popular with retirees and people who are looking for a quiet, rural lifestyle.

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The Hepburn Shire economy is based on agriculture, tourism and mining. The main agricultural products are dairy, beef and sheep.

Professionals (19.1%), Managers (17.0%), Technicians and Trades Workers (15.8%), Community and Personal Service Workers (12.2%), and Labourers (11.8%) are the most frequent jobs in Hepburn. In Hepburn, the typical weekly personal income for residents aged 15 years and older is $532.

The real estate in Hepburn Shire is mostly made up of farms, small businesses, and homes. There are a few areas that are more developed than others, but most of the real estate is relatively undeveloped. In Hepburn, 89.9 % of occupied private residences are detached houses, 2.0 % are semi-detached, row or terrace houses, townhouses, or other buildings, 0.8 % are flats or apartments, and 5.7 % are other dwellings.

The Hepburn Shire property market is a great place to invest in property. The region offers a diverse range of properties to choose from, from rural acreage to townhouses and apartments. Prices are also relatively affordable, making it a great option for investors looking for good value for money.

The local economy is also doing well, with a number of new businesses setting up shop in the area. This is sure to result in continued growth in the Hepburn Shire property market in the years to come.

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Suburb Heatmap Analysis

Property Market Snapshot

This page provides an overview of the LGA real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this council area. You are able to drill down to suburb-level data and charts which visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

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Capital Growth RCS™

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Yield chart
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GRC chart
Fundamentals
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Renters to owners pie chart
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unit to houses pie charts
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Demand chart
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Inventory chart
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Hold chart
Demand

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Search Index

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Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

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Property Market in Hepburn Shire, VIC

What other property markets are there near Hepburn Shire, VIC?

Hepburn Shire is surrounded by 3 other council areas – Mount Alexander, Pyrenees, Moorabool.

How many people live in Hepburn Shire, VIC?

There are approximately 15000 people living in roughly 7000 dwellings in total, with an average household size of 2.2.

What are current and planned infrastructure projects in Hepburn Shire, VIC?

Notable infrastructure projects include Creswick Town Hall, Daylesford Town Hall Redevelopment, Doug Lindsay Recreation Reserve, Glenlyon Recreation Reserve Pavilion, Hammon Park Trail Head Community and Youth Hub, Hepburn Public Amenities Upgrades, Mineral Springs Reserves Development, Major Towns Streetscape Improvement.

What major retailers are there in Hepburn Shire, VIC?

The main retail centres are Portal 108, Rex Arcade, Farm To Hanger, Railway Farmers Market, Daylesford Sunday Market, Hepburn Wholefoods Collective, Creswick Natural Fibres.

What is the main industry in Hepburn Shire, VIC?

Such sectors as agriculture, forestry, manufacturing and tourism, the arts, service industries, retailing, education and health and community services make up the largest part of the employment.

What are the dominant demographic groups in Hepburn Shire, VIC?

Among approximately 15000 people in Hepburn Shire males and females make roughly 48% and 52% respectively. The median age of people is 50 years. Children aged 0-14 years account for approximately 16% of the population, and those aged 65+ years account for 25%.

How is unemployment rate trending in Hepburn Shire, VIC?

Among approximately 7000 people employed, roughly 49% work full-time, 39% work part-time, and an estimated 5% are unemployed.

Suburbs/localities in this Local Government Area: Glengower 3370, Glenlyon 3461, Hepburn 3461, Hepburn Springs 3461, Kingston 3364, Kooroocheang 3364, Langdons Hill 3363, Lawrence 3364, Leonards Hill 3461, Little Hampton 3458, Lyonville 3461, Basalt 3460, Mollongghip 3352, Mount Beckworth 3363, Mount Franklin 3461, Mount Prospect 3364, Musk 3461, Musk Vale 3461, Newbury 3458, Newlyn 3364, Newlyn North 3364, North Blackwood 3458, Porcupine Ridge 3461, Rocklyn 3364, Sailors Falls 3461, Sailors Hill 3461, Shepherds Flat 3461, Smeaton 3364, Smokeytown 3364, Springmount 3364, Blampied 3364, Tylden South 3444, Ullina 3370, Wattle Flat 3352, Wheatsheaf 3461, Allendale 3364, Yandoit 3461, Stony Creek 3371, Broomfield 3364, Bullarto 3461, Cabbage Tree 3889, Clunes 3370, Clydesdale 3461, Coomoora 3461, Creswick 3363, Creswick North 3363, Daylesford 3460, Dean 3363, Drummond 3461, Dry Diggings 3461, Dunach 3371, Eganstown 3461, Elevated Plains 3461

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