OFF MARKET

2/70-72 Gavan Street
Bright VIC 3741

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 74m2
Land area: 156m2
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Property Details for 2/70-72 Gavan St, Bright

2/70-72 Gavan St, Bright is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1994. The property has a land size of 156m2 and floor size of 74m2. While the property is not currently for sale or for rent, it was last sold in November 2012.

Building Type
Unit
Year Built
1994
Floor Size
74m2
Land Size
156m2
Local Government
Alpine
Lot/Plan
2/PS300949

Last Listing description (September 2024)

Nestled in the glorious township of Bright, this two-bedroom unit presents a rare opportunity for renovators, investors or downsizing retirees seeking a property that combines potential with location. Boasting a neat and tidy interior, the residence spans across 156 square metres of land, providing a cosy, manageable space that is ripe for personalisation. With the option to be sold fully furnished, you could be turning the key and walking straight in.This delightful abode enjoys a serene setting, quietly tucked away from the main thoroughfare with access from Wood Street. The enclosed front yard invites you into a world of tranquility, where a garden awaits to be transformed into your very own private courtyard oasis. Inside, the residence is equipped with a split system for heating and cooling, ensuring year-round comfort.The practical design of this property ensures that each room flows seamlessly into the next, with natural light enhancing the sense of space and a lockup garage offers a secure space for a vehicle or additional storageThis is an exceptional find for those looking to create a bespoke holiday home or to embrace a simpler lifestyle without compromising on convenience. With its central location and pedestrian access from Gavan Street directly opposite Woolworths, this property allows for easy access to local amenities and the vibrant community life that Bright is known for.With the foundations set, it's ready for someone with vision to transform it into a gem of a home. Don't miss out on this unique opportunity to own a centrally located unit. Call us today to arrange a one-on-one inspection.

Property History for 2/70-72 Gavan St, Bright, VIC 3741

A timeline of how this property has performed in the market
Last Sold
$200,000
02 Nov 2012
Listed for Rent
$190/w
18 Mar 2012
  • 17 Jul 2024
    Listed for Sale $595,000
  • 02 Nov 2012
    Sold for $200,000
  • 09 Jun 2012
    Listed for Sale $214,000
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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.
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.

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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.