OFF MARKET

5/56 Mountbatten Avenue
Bright VIC 3741

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 61m2
Land area: 320m2
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Last updated 16 Sep 2024
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Property Details for 5/56 Mountbatten Ave, Bright

5/56 Mountbatten Ave, Bright is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1950. The property has a land size of 320m2 and floor size of 61m2. While the property is not currently for sale or for rent, it was last sold in January 2016.

Building Type
Unit
Year Built
1950
Floor Size
61m2
Land Size
320m2
Local Government
Alpine
Lot/Plan
5/SP28002

Last Listing description (April 2016)

Located in a complex of 9, this freestanding brick veneer unit presents superbly. Perfect for the retired couple, those on their own or simply an investment opportunity.
Featuring an open plan kitchen & living area, 2 spacious bedrooms both with BIRs, bathroom including bath & shower recess, separate toilet plus laundry with direct access to outside.
Externally, this unit offers plenty more than its competitors. An allotment size of approx 320m2 provides ample space for outdoor entertaining & the rear yard, which is filled with established gardens, trees & shrubs.

Within a short walk to town & situated in a safe, quiet & private area.

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Property History for 5/56 Mountbatten Ave, Bright, VIC 3741

A timeline of how this property has performed in the market
Last Sold
$264,500
27 Jan 2016
  • 27 Jan 2016
    Sold for $264,500
  • 02 Oct 2015
    Listed for Sale $264,500
  • 24 Dec 2011
    Sold for $227,500
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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 2,238 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.
There are currently 1 property listed for sale, and no properties listed for rent in Bright on OnTheHouse. According to CoreLogic's data, 59 properties were sold in the past 12 months in Bright.

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