OFF MARKET

5 Iarias Lane
Bright VIC 3741

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 160m2
Land area: 4035m2
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Last updated 16 Sep 2024
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Property Details for 5 Iarias Lane, Bright

5 Iarias Lane, Bright is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1980. The property has a land size of 4035m2 and floor size of 160m2. While the property is not currently for sale or for rent, it was last sold in April 2021.

Building Type
House
Year Built
1980
Floor Size
160m2
Land Size
4035m2

Last Listing description (July 2021)

Welcome to 5 Iarias Lane.

Located approx 2.5k's from the Bright township this fantastic property sits on an acre of well kept gardens which has something for everyone! Fruit trees, vegie patch, shiraz and chardonnay grapevines and of course the inground, indoor, solar heated seasonal swimming pool with spa and its own bathroom.

With a main residence and 3 self contained holiday units, it is currently running as a very successful holiday let business.

Main Residence:
Fully repainted with new blinds throughout
A large bright kitchen that was renovated in 2018, with an island bench, soft close cabinetry, DW, electric oven and induction cook top
3 bedrooms. Master with en-suite and BIR's. Main bathroom with bath. IXL tastics in the bathrooms.
Double carport and double garage with internal access to the home

Apartment 1 - 'Buffalo'
Fully furnished
Fully repainted with new blinds throughout
1 bedroom with BIR's and carpeted
1 bathroom
Wood fire
Kitchenette with electric cook top, refrigerator and microwave
Carpeted living area with RC air-conditioner

Apartment 2 - 'Feathertop'
Fully furnished
Fully repainted with new blinds throughout
1 bedroom with BIR's and carpeted
1 bathroom
Wood fire
Kitchenette with electric cook top, refrigerator and microwave
Carpeted living area with RC air-conditioner

Apartment 3 - 'Hotham'
Fully furnished
Fully repainted with new blinds throughout
2 bedrooms with BIR's and carpeted
1 bathroom
Wood fire
Kitchenette with electric cook top, refrigerator and microwave
Carpeted living area with RC air-conditioner

Outdoors - as well as the beautifully established gardens, it also has a garden shed, a fabulous BBQ gazebo area and outdoor seating very close to the pool area. It really is resort style living in a beautiful, elevated and peaceful setting.

There are many opportunities and options attached to this wonderful property and an inspection is a must.

Contact Donna Rupp on 0429 534 538 for further information.

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Property History for 5 Iarias Lane, Bright, VIC 3741

A timeline of how this property has performed in the market
Last Sold
$1,170,000
13 Apr 2021
  • 13 Apr 2021
    Sold for $1,170,000
  • 30 Nov 2020
    Listed for Sale $1,200,000
  • 07 Mar 2016
    Sold for $650,000
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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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