OFF MARKET

5 Railway Avenue
Bright VIC 3741

Bedrooms: 5
Bathrooms: 2
Car spaces: 3
Land area: 760m2
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Property Details for 5 Railway Ave, Bright

5 Railway Ave, Bright is a 5 bedroom, 2 bathroom House with 3 parking spaces. The property has a land size of 760m2.

Building Type
House
Land Size
760m2
Local Government
Alpine
Lot/Plan
2E~B2/PP5110

Last Listing description (April 2023)

Located in the centre of Bright in a beautiful tree lined street with views of snow capped Mountains this 5 bedroom 2 bathroom house is only 400m from schools.

17 year old unique designed house with some historic value being the original Railway station masters house built in 1908.(see photos)
Two open fireplaces the chimneys and the front two rooms with Baltic Pine Floorboards were kept when the house was rebuilt in 2005. Features of the house are inbuilt wardrobes, separate laundry with laundry-chute and drying cupboard, north/east facing balcony, two ensuite bathrooms with spa baths, 4 Toilets, 19 TV points, CCTV, in slab floor heat, double glazed windows & doors, front & internal doors are original 1908.

Air Conditioned double garage/shed has Office or B&B potential.

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Property History for 5 Railway Ave, Bright, VIC 3741

A timeline of how this property has performed in the market
  • 27 Oct 2022
    Listed for Sale $2,375,000 - $2,750,000

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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 2,279 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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