OFF MARKET

106B Gavan Street
Bright VIC 3741

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Land area: 557m2
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Property Details for 106b Gavan St, Bright

106b Gavan St, Bright is a 3 bedroom, 1 bathroom House. The property has a land size of 557m2. While the property is not currently for sale or for rent, it was last sold in May 2021.

Building Type
House
Land Size
557m2
Local Government
Alpine
Lot/Plan
1/PS812580

Last Listing description (June 2021)

Estimated selling range $700,000-$750,000.

Please place your expressions in writing to Donna Rupp at donna@fourpeaksrealestate.com.au prior to 2pm, Tuesday 16 March, 2021.

This very unassuming, but delightful cottage is located at 106B Gavan Street, in the very heart of the Bright CBD.

The location is absolutely prime! Step outside your gate and you are immediately in the main thoroughfare of bustling Bright, surrounded by restaurants and cafes, which grows more popular with each passing year - just like the town!

Don't be fooled by the classic Californian bungalow facade! What is on offer here is something that offers a multitude of choices!

If you want to retain the cottage as a residence you have a quaint 3 bedroom, 1 bathroom residence with kitchen/dining/living. A gas heater in the living area, a ceiling fan and RC air-con in the dining room will cater for your comfort level. An electric oven and stove top along with plenty of cupboard space is present in the compact kitchen. Three great sized bedrooms all have BIR's and ceiling fans.

The bathroom is functional with shower, vanity and toilet.

The garden is neat and tidy with established trees and a shed out the back will house the tools and car.

Thats the residential choice covered!

You also have a brilliant spot to perhaps holiday let! Thats another great option!

The development potential here is huge, given there is a current planning permit in place for the construction of a commercial dwelling.

As you can see, what is being offered here is so much more than meets the eye!

An inspection will not disappoint.

Property History for 106b Gavan St, Bright, VIC 3741

A timeline of how this property has performed in the market
Last Sold
$866,100
05 May 2021
  • 05 May 2021
    Sold for $866,100
  • 16 Feb 2021
    Listed for Sale Expressions of Interest

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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 2,237 properties. Over the last 5 years, Houses in Bright have seen a 72.52% increase in median value, while Units have seen a 38.41% increase. As at 31 August 2024:

  • The median value for Houses in Bright is $1,006,513 while the median value for Units is $527,963.
  • Houses have a median rent of $580 while Units have a median rent of $425.
There are currently 1 property listed for sale, and no properties listed for rent in Bright on OnTheHouse. According to CoreLogic's data, 59 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.