For some alternatives, look at the Hepburn at Hepburn and the Sebel Creswick Forest Resort. They are 5 kilometres and 30 kilometres respectively from the center. If these aren't what you're looking for, try the RACV Goldfields Resort or the Hepburn Springs Motor Inn.
If you want to experience some close by cities, consider Woodend and Leigh Creek. Head 35 kilometres to the east of Mount Franklin and you'll find Woodend. That said, Leigh Creek is 40 kilometres to the southwest. Hotels in Woodend are the Holgate Brewhouse At Keatings Hotel and Auberge. Leigh Creek options are the Kryal Castle and Ballarat Colonial Motor Inn & Apartments.
If watching sport rocks your world, go to Schweppes Centre Stadium. It's to the north of Mount Franklin. To kick your heels up nearby, make a reservation at the Quest Bendigo or the Hotel Shamrock Bendigo.
Hotels in Mount Franklin start at AU$120 per night. Prices and availability subject to change. Additional terms may apply.