OFF MARKET

54 Coronation Avenue
Bright VIC 3741

Bedrooms: 3
Bathrooms: 2
Car spaces: 4
Floor area: 143m2
Land area: 1644m2
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Last updated 11 Nov 2024
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Property Details for 54 Coronation Ave, Bright

54 Coronation Ave, Bright is a 3 bedroom, 2 bathroom House with 4 parking spaces and was built in 1980. The property has a land size of 1644m2 and floor size of 143m2. While the property is not currently for sale or for rent, it was last sold in July 2014.

Building Type
House
Year Built
1980
Floor Size
143m2
Land Size
1644m2
Local Government
Alpine
Lot/Plan
1/LP128253

Last Listing description (June 2014)

So Many Options
4 Titles, a 4 bedroom home, 2 x 2 bedroom apartments, as well as a spare vacant block of land!!
Do you live in the house and holiday rent your units, perhaps just rent them on a permanent basis for passive return, build on that spare block to maximise the property overall or rent the house and the units, bank the land and use for your self at some point in the future?

So many options are available with this property, the house sits on half an acre of gently sloping land and is either 3 bedrooms plus an office, or 4th bedroom and has an ensuite bathroom to the master bedroom. It features living along the front north facing side of the house, has a dbl carport with secure storage and offers privacy from the road with its beautifully established gardens.
Both units were originally built to be holiday units and feature the perfect setup for a family of 3 or 4 to relax with open plan living, 2 dbl sized bedrooms and a bathroom/laundry combo.
The land behind the existing units is large enough to build the same unit on again or perhaps you may build something complementary for the use of your guests. Like a new BBQ area or the like.
Overall a property with possibilities galore for a buyer wanting returns and a comfortable residence all at the same time.
Additional feature/s - bath.

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Property History for 54 Coronation Ave, Bright, VIC 3741

A timeline of how this property has performed in the market
Last Sold
$380,000
25 Jul 2014
  • 25 Jul 2014
    Sold for $380,000
  • 28 Nov 2013
    Listed for Sale $750,000
  • 16 Apr 2005
    Sold for $280,000
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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 2,281 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 1 property listed for sale, and no properties listed for rent in Bright on OnTheHouse. According to CoreLogic's data, 57 properties were sold in the past 12 months in Bright.

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