OFF MARKET

2/16 Park Street
Bright VIC 3741

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 76m2
Land area: 151m2
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Property Details for 2/16 Park St, Bright

2/16 Park St, Bright is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1985. The property has a land size of 151m2 and floor size of 76m2. While the property is not currently for sale or for rent, it was last sold in August 1988.

Building Type
Unit
Year Built
1985
Floor Size
76m2
Land Size
151m2
Local Government
Alpine
Lot/Plan
2/SP30107

Last Listing description (October 2024)

Privately tucked away in the central location of Park Street, within 400m from Bright's town centre, this brick veneer unit presents as the perfect first step into the Bright property market or your own lock & leave weekender.

Set back from its Park Street address in a complex of 5, this neat & tidy Unit comprises 2 bedrooms with BIR's, 1 bathroom, a laundry, plus an open plan kitchen & living zone with a newly installed split system heating & cooling.

Outside you will be greeted by a peaceful fully enclosed rear courtyard, plus low maintenance garden beds and garden shedding for added storage. A single carport is also attached under roofline.

Property History for 2/16 Park St, Bright, VIC 3741

A timeline of how this property has performed in the market
Last Sold
$72,500
01 Aug 1988
Listed for Rent
$200/w
20 Jan 2015
  • 30 Oct 2024
    Listed for Sale $595,000
  • 20 Jan 2015
    Listed for Rent $200 / week
  • 03 May 2014
    Listed for Rent $200 / week
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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.