OFF MARKET

5 Wood Street
Bright VIC 3741

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 173m2
Land area: 416m2
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Property Details for 5 Wood St, Bright

5 Wood St, Bright is a 4 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1950. The property has a land size of 416m2 and floor size of 173m2. While the property is not currently for sale or for rent, it was last transferred in January 2022.

Building Type
Unit
Year Built
1950
Floor Size
173m2
Land Size
416m2
Local Government
Alpine
Lot/Plan
1/SP20633

Last Listing description (October 2015)

Set in beautiful Wood Street is this 18sq, 4 bedroom, 2 bathroom townhouse thatA a a s just ideal for in town living or why not continue its current use as a holiday rental property that is receiving excellent returns providing you with an income while not in residence.
This property has had 2 major renovations over the past 10 years and now presents as a very modern townhouse with 2 bedrooms upstairs, including the master bedroom with parents retreat, walk in robe & ensuite with open shower and floor heat under the tiles for the colder mornings.
Downstairs you will find 2 more bedrooms, each with built in robes, 2 living areas, galley kitchen with gas cooking, family bathroom and laundry. The open plan living area opens out onto a raised deck that encompasses a built in spa, and then leads down to a grassy rear yard, perfect for the kids or the pets.

Ceiling fans & split system air conditioning located in all bedrooms, as well as a slow combustion heater in the lounge room means that you will be covered no matter what the weather is doing outside.
More features include a fully lockable yard, single carport, garden & wood shed and a location that is hard to beat.

Property History for 5 Wood St, Bright, VIC 3741

A timeline of how this property has performed in the market
Last Transferred
14 Jan 2022
  • 14 Jan 2022
    Transferred
  • 14 Jul 2015
    Sold for $505,000
  • 12 Sep 2014
    Listed for Sale $495,000
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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.

Suburb Insights for Bright 3741

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.