The 1846 grave of Margaret Coulson, marked with an engraved headstone, is located approximately to the south of the single gate that opens through the southern boundary fence, again on a separate allotment to the homestead block. Fassifern Homestead was listed on the Queensland Heritage Register on 13 November 2008 having satisfied the following criteria. The place is important in demonstrating the evolution or pattern of Queensland's history. Fassifern Homestead, constructed by the late 1880s with late 1890s renovations, is important in demonstrating the pattern of pastoral consolidation in Queensland as pastoral lessees gradually gained freehold title to large blocks of prime grazing and agricultural land, especially in southern Queensland. The simply-adorned but substantially-constructed timber residence replaced an earlier Fassifern Homestead on the same site (established by 1846) and demonstrates the transformation from the mid-1870s of the consolidated Fassifern run, established under occupation license in the 1840s as the runs of Fassifern, Moogerah and Tarome, into a substantial freehold of approximately . The place has a special association with the life or work of a particular person, group or organisation of importance in Queensland's history. From 1857 the Fassifern run was associated with the prominent Wienholt family (pastoralists, business persons and politicians) and became an integral element in a chain of Queensland pastoral properties acquired by them and their business partners from 1849. From the 1870s the consolidated Fassifern run was used principally to fatten cattle from the family's western Queensland properties, and along with the neighbouring Maryvale run on the Darling Downs (the first of the Wienholt acquisitions in Queensland), was renowned for its Clydesdale horse stud. As the principal residence on an extensive freehold estate, Fassifern Homestead has a special association with the Wienholt family's consolidation of their wealth in Queensland. Of the 48 Queensland runs held by the family by 1876, Fassifern was situated closest to Brisbane, and was home to a number of the Wienholt family over two generations, and to their cousins, Henry Edward Hill and Edward Ormond Waters Hill, who managed Fassifern and Maryvale stations for many years.