OFF MARKET

14 Wood Street
Bright VIC 3741

Bedrooms: 7
Bathrooms: 3
Car spaces: 4
Floor area: 119m2
Land area: 911m2
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Property Details for 14 Wood St, Bright

14 Wood St, Bright is a 7 bedroom, 3 bathroom House with 4 parking spaces. The property has a land size of 911m2 and floor size of 119m2. While the property is not currently for sale or for rent, it was last sold in November 2011.

Building Type
House
Floor Size
119m2
Land Size
911m2
Local Government
Alpine
Lot/Plan
5~2/PP5110

Last Listing description (July 2022)

FOR SALE via EXPRESSIONS OF INTEREST

14 Wood Street is a unique development opportunity located in the heart of Bright. Currently being utilised as a residential investment, the property has so much more to offer its new owner.

Sitting on 910m2 of Commercial Zoned land with frontage to both Wood Street and Burke Street, the property is primed for mixed use or residential development.

The property consists of three separate residential tenancies. A 3 bedroom, 1 bathroom home fronting Wood Street and two 2 bedroom units at the rear of the property, generating a combined income of $635.00 per week. But this offering is all about the future!

Being located 100 metres from the centre of town, with the heritage listed streetscape of Wood Street on one side and Burke Street and the start of the Murray to Mountains Rail Trail on the other, this truly is the most unique property currently on the market in Bright.

14 Wood Street is being offered via Expressions of Interest with strong buyer demand being anticipated.

Contact our agency to discuss this opportunity further or to arrange your private inspection.

Inspections by appointment only.

Property History for 14 Wood St, Bright, VIC 3741

A timeline of how this property has performed in the market
Last Sold
$300,000
21 Nov 2011
  • 21 Sep 2021
    Listed for Sale EXPRESSIONS OF INTEREST
  • 21 Nov 2011
    Sold for $300,000
  • 18 Jan 1996
    Sold for $27,000
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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 2,281 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 1 property listed for sale, and no properties listed for rent in Bright on OnTheHouse. According to CoreLogic's data, 57 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.