The prevalence of mineral water in the area is related to the distance from the Great Dividing Range and the volcanic nature of the geology.

[7][8] The influence of the Swiss Italians of Australia - Italian-speaking Swiss from the cantons of Ticino and Grison and the northern Italians - is still present in the township through the names of its residents, the names of its springs (Locarno) and buildings (Savoia Hotel, Parma House, Perinis, Bellinzona), and the annual Swiss-Italian Festa.

An Italian reading library was located at the hotel, and pasta was made opposite in Lucini's Macaroni Factory which was also home to the Democratic Club.

Vanzetta's bakery supplied bread and Crippa, Perini and the Gervasonis (Yandoit Creek) produced wine.

[10] In 2005, Daylesford Secondary College participated in ABC's Young Gourmets by making bullboars from the Gervasoni and Sartori recipes.

In 2007, the Melbourne Immigration Museum featured a display entitled "Wine Water and Stone" reflecting the Swiss and Italian heritage of the area.

Hepburn Springs has 7 sites on the Victorian Heritage Register: Hepburn Mineral Springs Reserve including the bathhouse and the pavilion; Hepburn Pool which was named Victoria's Favourite Built Place in 2004[12] Parma House; Blowhole Gold Diversion Tunnel where Chinese miners diverted the Jim Crow Creek; Former Macaroni Factory which is still owned by the descendants of the Lucini family; Jim Crow Creek Gold Mining Diversion Sluice and Breakneck Gorge Puddling Site which is located near the Blowhole.

The Palais is a well-known and popular bar and music venue which regularly attracts national and international acts including Paul Kelly, Mark Seymour and Lloyd Cole.

Several day spas utilising mineral water are located in the township as well a wide range of restaurants, cafe, hotels, guest houses and accommodation options.

The town is surrounded by the Hepburn Regional Park where it is possible to conduct short or long bushwalks, along old gold mining water sluices and peppered by mineral springs.