33 Delany AvenueBright VIC 3741
Property Details for 33 Delany Ave, Bright
33 Delany Ave, Bright is a 3 bedroom, 4 bathroom House and was built in 1980. The property has a land size of 1164m2 and floor size of 126m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 3 bedroom House sold in Bright in the last 12 months.
Last Listing description (September 2024)
This charming block of 4 units is a rare opportunity to invest in Delany Avenue, only a 2-minute walk from the town center. As you stand on the threshold of this fantastic central location, envision the possibilities that await.
These well-maintained properties, steeped in over two decades of rental market history, boast a combination of charm and functionality. The ensemble includes a 3-bed, 2-bath house, two 1-bed, 1-bath units, and a studio unit with its own bed and bath. With allocated off-street parking, and additional leased shedding, this investment is a comprehensive package for the savvy investor.
Currently let, the properties offer an impressive gross rental yield exceeding 5%. Beyond the numbers, picture your tenants taking an easy stroll to town, enjoying the proximity to Bright's Centenary Park. The low-care grounds ensure minimal maintenance, emphasizing the convenience and ease of ownership.
Don't miss out on this rare chance to secure a slice of Delany Avenue-a prime location where investment potential meets a leisurely lifestyle. Seize the moment, and make this unique block of 4 units your next venture in the thriving real estate landscape.
Property History for 33 Delany Ave, Bright, VIC 3741
- 22 Feb 2024Sold for $1,190,000
- 10 Jan 2024Listed for Sale Not Disclosed
- 13 Oct 2021Listed for Rent $185 / 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 2,237 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.
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