11/20 Gavan StreetBright VIC 3741
Property Details for 11/20 Gavan St, Bright
Last Listing description (July 2024)
Discover the epitome of relaxed living in this charming five-bedroom, 2.5 bathroom haven, complete with a double garage, and ample entertaining space. Nestled within the esteemed Silver Birches Holiday Village, this property boasts direct access to the Rail Trail, ensuring adventures are always on your doorstep.
Step inside to find a retreat designed to enchant at every turn. The spacious kitchen and dining area basks in natural light, while the lounge beckons with its vaulted ceiling, slow combustion wood fire, and reverse cycle split-system. Outside, an undercover entertaining area invites al fresco dining against the backdrop of the meticulously manicured rear yard.
Each bedroom features built-in robes, with the master suite boasting a walk-in robe and ensuite bathroom. A freestanding Rec Room offers additional space for recreation, complete with its own ensuite for added convenience.
This property caters to every need with a double carport, single carport, workshop space, and dedicated storage areas. Outside, a serene oasis awaits, featuring an in-ground pool, undercover BBQ, and beautifully manicured established gardens.
Currently operating as a successful holiday rental, this home promises lucrative returns with a strong occupancy rate and forward bookings. Embrace the opportunity to make this your holiday retreat while earning income when you're away. Don't miss out on this idyllic lifestyle opportunity.
Property History for 11/20 Gavan St, Bright, VIC 3741
- 16 May 2024Sold for $975,000
- 15 Feb 2024Listed for Sale $1,100,000
- 05 Mar 2018Sold for $575,000
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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 2,237 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.
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