OFF MARKET

3/40-42 Gavan Street
Bright VIC 3741

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 123m2
Land area: 304m2
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Property Details for 3/40-42 Gavan St, Bright

3/40-42 Gavan St, Bright is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1992. The property has a land size of 304m2 and floor size of 123m2. While the property is not currently for sale or for rent, it was last sold in June 2008.

Building Type
Unit
Year Built
1992
Floor Size
123m2
Land Size
304m2
Local Government
Alpine
Lot/Plan
3/PS322227

Last Listing description (June 2008)

LOVELY SETTING AND CLOSE TO TOWN CENTRE!
A DELIGHTFUL DETACHED UNIT SITUATED ONLY 5 MINUTES WALK FROM THE TOWN CENTRE. THIS HOME IS ONE OF ONLY 4 IN THE COMPLEX AND IS SET IN A PEACEFUL PARK-LIKE SETTING IN A SLIGHTLY ELEVATED POSITION. CLOSE TO THE VERY POPULAR RAIL TRAIL BIKE AND WALKING TRACK IT WOULD MAKE THE IDEAL FAMILY RETREAT. INSIDE THE OPEN PLAN DESIGN GIVES YOU A FEELING OF SPACE AND COMFORT. THE KITCHEN BOASTS LOTS OF CUPBOARD SPACE, ELECTRIC COOKING, DISHWASHER AND TILED FLOOR AREA. THE SPACIOUS LIVING AREA IS WARMED BY A COSY SLOW COMBUSTION LOG FIRE AND IS POSITIONED TO TAKE FULL ADVANTAGE OF THE LOVELY VIEWS TO THE FRONT OF THE PROPERTY. THERE ARE 3 VERY COMFORTABLE BEDROOMS EACH WITH BIR, THE MASTER WITH AN ENSUITE. A LOCK-UP GARAGE AND FULLY ENCLOSED YARD COMPLETE THE PICTURE. SIMPLY SIT BACK AND ENJOY THE TRANQUIL SURROUNDS OF THIS VERY RARE AND SORT AFTER LOCATION. GOOD RETURN ON CURRENT PERMANENT RENTAL INVESTMENT.
ADDITIONAL FEATURE - PARK LAND STYLE COMMON AREA.

Property History for 3/40-42 Gavan St, Bright, VIC 3741

A timeline of how this property has performed in the market
Last Sold
$260,000
30 Jun 2008
Listed for Rent
$230/w
24 Jun 2007
  • 30 Jun 2008
    Sold for $260,000
  • 14 Jun 2007
    Listed for Rent - Price not available
  • 02 Jun 2006
    Listed for Sale 270000
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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 2,223 properties. Over the last 5 years, Houses in Bright have seen a 71.19% increase in median value, while Units have seen a 39.83% increase. As at 30 September 2024:

  • The median value for Houses in Bright is $989,387 while the median value for Units is $511,556.
  • 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, 56 properties were sold in the past 12 months in Bright.

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