OFF MARKET

3 Cherry Lane
Bright VIC 3741

Bedrooms: 2
Bathrooms: -
Car spaces: 2
Floor area: 118m2
Land area: 1034m2
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Property Details for 3 Cherry Lane, Bright

3 Cherry Lane, Bright is a 2 bedroom, 0 bathroom House with 2 parking spaces and was built in 1980. The property has a land size of 1034m2 and floor size of 118m2. While the property is not currently for sale or for rent, it was last sold in February 2017.

Building Type
House
Year Built
1980
Floor Size
118m2
Land Size
1034m2
Local Government
Alpine
Lot/Plan
2/LP72042

Last Listing description (December 2011)

Central Yet Secluded
Hidden away even from the locals is this comfortable and neat as a pin home on a great sized allotment. Superb outdoor living with lovely established gardens, fishpond and a large covered outdoor entertaining area with the convenience of a kitchenette and toilet built off it. You will enjoy life just as much indoors with formal entry, kitchen with brand new electric cooking and rangehood, remodelled bathroom and ducted reverse cycle air. All this just a short easy stroll to town and close to Bright's famous Centenary Park, Morses Creek and the Ovens River.
Additional feature/s - bath.

Property History for 3 Cherry Lane, Bright, VIC 3741

A timeline of how this property has performed in the market
Last Sold
$455,000
09 Feb 2017
  • 09 Feb 2017
    Sold for $455,000
  • 05 Jan 2012
    Sold for $325,000
  • 10 Sep 2011
    Listed for Sale $347,500
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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.

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.