OFF MARKET

5/2 Gavan Street
Bright VIC 3741

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 88m2
Land area: 103m2
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Property Details for 5/2 Gavan St, Bright

5/2 Gavan St, Bright is a 2 bedroom, 2 bathroom House with 2 parking spaces and was built in 1985. The property has a land size of 103m2 and floor size of 88m2. While the property is not currently for sale or for rent, it was last sold in June 2014.

Building Type
House
Year Built
1985
Floor Size
88m2
Land Size
103m2
Local Government
Alpine
Lot/Plan
13/SP32115

Last Listing description (June 2014)

GREVILLEA GARDENS FINAL CHANCE TO PURCHASE REMAINING 2 UNITS & SAVE $15,000
Last opportunity to secure one of these superbly presented and very popular holiday units in a prime position fronting the Great Alpine Road, at the gateway to Beautiful Bright.Presently used for holiday rental but also suitable for an owner-occupier or as a holiday home.
BONUS FINAL CLEARANCE OFFER: $15,000 REDUCTION off the current listed price if Contract of Sale is signed and deposit of 10% paid by the end of the Autumn season.This offer applies to both of the 2 remaining units and expires at the end of May, 2014, as follows:

Unit 5 Reduced from $229,000 to $214,000
Unit 4 Reduced from $235,000 to $220,000
Units 2,3,6,7 & 8 ? SOLD
Enjoy free & unlimited year-round use plus the opportunity to earn very good returns from holiday lettings. When not required for your own use, your unit can be fully managed and serviced for holiday rental, placing no restrictions on your own use but giving you the option and peace of mind of having a full bookings service as well as marketing management, maintenance, cleaning and regular income.
All units are for sale fully furnished and feature 2 bedrooms, separate bathroom, separate toilet. laundry & a fully equipped kitchen with stainless steel appliances opening to a spacious lounge/dining area with split system air conditioning. The units are further enhanced with front and rear private verandas adjoining the magnificent landscaped grounds that include in-ground pool, BBQ area, lock-up bike sheds and tennis court. All units open onto the famous ?Murray to Mountains? Rail trail for cycling and walking the short distance to the Bright shopping centre with its fabulous cafes and shops.
Inspection of these units will not disappoint the most discerning buyer as presentation is second to none.
CALL NOW TO AVOID DISAPPOINTMENT ? OFFER EXPIRES 31 May, 2014
Additional feature/s - Half Tennis Court. Adjoins Rail Trail.

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Property History for 5/2 Gavan St, Bright, VIC 3741

A timeline of how this property has performed in the market
Last Sold
$211,000
06 Jun 2014
  • 06 Jun 2014
    Sold for $211,000
  • 23 May 2014
    Listed for Sale READ BELOW
  • 23 Feb 2012
    Listed for Sale READ BELOW
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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 2,279 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.
There are currently 2 properties listed for sale, and no properties listed for rent in Bright on OnTheHouse. According to CoreLogic's data, 55 properties were sold in the past 12 months in Bright.

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