4/1-5 Racecourse RoadBright VIC 3741
Property Details for 4/1-5 Racecourse Rd, Bright
4/1-5 Racecourse Rd, Bright is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1990. The property has a floor size of 69m2.
Last Listing description (October 2016)
Well known to both holidaymakers and locals for its character, charm and quiet location (yet close proximity to both the river and town), Tudor Village is a quaint little settlement of just 6 units on the outskirts of beautiful Bright. Offering direct access to a number of walking trails in all directions, the benefits of owning this lovely 2 bedroom, fully self contained property include (but are FAR from limited to):
Use of the IG swimming pool and shared BBQ/entertaining facilities, Permission for both permanent and holiday living,brand new reverse cycle heating/cooling,a new 3 x 4m garden shed for storage,fully furnished and ready to either move into or let out (potential instant income).
When it comes to value, comfort and potential, you simply cannot go wrong here.
Property History for 4/1-5 Racecourse Rd, Bright, VIC 3741
- 01 Apr 2016Listed for Sale $240,000
- 02 Jan 2013Listed for Sale $190,000 - OFFERS CONSIDERED
- 03 Apr 2012Listed for Sale $190,000 - OFFERS CONSIDERED
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0About 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 2,293 properties. Over the last 5 years, Houses in Bright have seen a 77.99% increase in median value, while Units have seen a 46.78% increase. As at 31 January 2025:
- The median value for Houses in Bright is $1,059,962 while the median value for Units is $551,003.
- Houses have a median rent of $595 while Units have a median rent of $440.
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