OFF MARKET

5/5 Racecourse Road
Bright VIC 3741

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 171m2
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Property Details for 5/5 Racecourse Rd, Bright

5/5 Racecourse Rd, Bright is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 171m2.

Building Type
Unit
Land Size
171m2
Local Government
Alpine

Last Listing description (May 2024)

Welcome to your perfect retreat in the charming tourism town of Bright! Nestled in the heart of nature's beauty, this delightful holiday unit offers a blend of comfort, convenience, and timeless elegance.

Boasting two cozy bedrooms, this tudor-style home provides a tranquil sanctuary for relaxation and rejuvenation. Step inside to discover a recently renovated bathroom, exuding modern sophistication and convenience. The open-plan living and kitchen area invites you to unwind in style, with ample space for entertaining or simply enjoying quiet evenings with loved ones. The charm of the tudor architecture adds a touch of character to every corner.

Outside, the property is adorned with beautifully maintained, established gardens that create a serene ambiance and a picturesque backdrop for your leisurely moments. Whether you're hosting a barbecue with friends or simply soaking up the sun, the outdoor space, all managed by the body corporate, is your own oasis to enjoy year round. And for those warm summer days, indulge in the luxury of the inground pool, providing the perfect spot for a refreshing dip or lazy afternoons spent lounging by the water's edge.

Sitting quietly at the edge of town you can enjoy the leisurely walk or ride into town along the Bright to Harrietville Shared Trail or take a walk along the Cherry Walk and enjoy the beauty of the Ovens River only 250 metres away.

With its versatile appeal, this property offers the flexibility to be utilized as a permanent residence or as a lucrative short-term rental investment. Enjoy the best of both worlds - the comforts of your own holiday home and the potential for additional income.

Don't miss out on the opportunity to own this idyllic holiday unit in Bright. Experience the essence of relaxation and escape in this enchanting destination. Contact us today to arrange a viewing and make your dreams a reality!

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Property History for 5/5 Racecourse Rd, Bright, VIC 3741

A timeline of how this property has performed in the market
  • 19 Feb 2024
    Listed for Sale Not Disclosed

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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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