24-28 Coronation AvenueBright VIC 3741
Property Details for 24-28 Coronation Ave, Bright
24-28 Coronation Ave, Bright is a 14 bedroom, 6 bathroom House. The property has a land size of 7998m2.
Last Listing description (August 2017)
Investors and developers take note! Being offered for sale is this near 2 acre residential allotment close to town.
Currently the property contains a 4 bedroom house, shedding and a complex of 5 two bedroom units.
Lets start with the house. Tucked away up toward the rear of the property, the original home has enough space for a large family or all your friends and extended family who are sure to visit. Behind the house is a large workshop/shed which is big enough for a tradie or keen handyman. The rear yard also contains an inground pool and paddock with enough space for a couple of sheep if you please.
The choice is yours what to do with this property. Keep as is and live on a large allotment, close to town with a side income or subdivide and develop the site further (STCA).
This truly is a unique opportunity which will not come around often.
Property History for 24-28 Coronation Ave, Bright, VIC 3741
- 12 May 2017Listed for Sale $1,200,000
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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 2,279 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.
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