OFF MARKET

1/5 Racecourse Road
Bright VIC 3741

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 272m2
Land area: 682m2
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Property Details for 1/5 Racecourse Rd, Bright

1/5 Racecourse Rd, Bright is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1990. The property has a land size of 682m2 and floor size of 272m2. While the property is not currently for sale or for rent, it was last sold in May 2016.

Building Type
House
Year Built
1990
Floor Size
272m2
Land Size
682m2
Local Government
Alpine
Lot/Plan
1/SP33466

Last Listing description (May 2017)

Situated on the outskirts of Bright in a quiet location close to the Ovens River is this great 3 bedroom, 2 bathroom home. It has a lot to offer including kitchen with gas cooking, electric wall oven and reverse cycle cooling and heating, large open plan living/dining with combustion wood heater. Bedrooms one and two have built in robes and all bedrooms (except study) include reverse cycle cooling/heating and electric wall panel heating. Double garage and single carport included. There is also use of the pool situated just out the front of the property which is used by other complex owners and their guests. Inspection is a must!

Property History for 1/5 Racecourse Rd, Bright, VIC 3741

A timeline of how this property has performed in the market
Last Sold
$350,000
05 May 2016
Listed for Rent
$360/w
08 Mar 2016
  • 05 May 2016
    Sold for $350,000
  • 20 Oct 2015
    Listed for Rent $360 / week
  • 14 Oct 2015
    Listed for Sale $355,000
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About Bright 3741

The size of Bright is approximately 133.5 square kilometres. It has 14 parks covering nearly 35.2% of total area. The population of Bright in 2011 was 2,165 people. By 2016 the population was 2,423 showing a population growth of 11.9% in the area during that time. The predominant age group in Bright is 60-69 years. Households in Bright are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Bright work in a managers occupation. In 2011, 68.8% of the homes in Bright were owner-occupied compared with 69.4% in 2016.

Bright has 2,279 properties. Over the last 5 years, Houses in Bright have seen a 73.28% increase in median value, while Units have seen a 32.89% increase. As at 31 October 2024:

  • The median value for Houses in Bright is $1,003,202 while the median value for Units is $491,821.
  • Houses have a median rent of $590 while Units have a median rent of $425.
There are currently 2 properties listed for sale, and no properties listed for rent in Bright on OnTheHouse. According to CoreLogic's data, 55 properties were sold in the past 12 months in Bright.

Suburb Insights for Bright 3741

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.