4 Star RoadBright VIC 3741
Property Details for 4 Star Rd, Bright
4 Star Rd, Bright is a 3 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 2975m2 and floor size of 1m2. While the property is not currently for sale or for rent, it was last sold in June 2015.
Last Listing description (January 2015)
Central Bright Ovens Valley Holiday Units
In a fantastic location being only a short walk to the town centre of Bright and set in parklike surrounds with frontage to the Ovens River this property has tremendous potential. Currently one large allotment of over 2,900 square metres of land with Council approval for a 4 lot subdivision (subject to conditions). With a good earning capacity the property consists of 7 well-appointed and affordable self-contained holiday units, one and two bedroom configuration targeting family holiday stays that have a constant repeat clientele and lots of room for growth. There is plenty of room for guests to enjoy the ambience of the river frontage and they are able to walk to the shops, parks and town facilities.
Property Code: 1000
Property History for 4 Star Rd, Bright, VIC 3741
- 09 Jun 2015Sold for $500,000
- 28 Jun 2014Listed for Sale PRICE ON APPLICATION
- 12 Jun 2014Listed for Sale PRICE ON APPLICATION
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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 2,224 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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