5B Porcellatos Lane

Bright VIC 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 2,293 properties. Over the last 5 years, Houses in Bright have seen a 70.79% increase in median value, while Units have seen a 33.54% increase. As at 30 November 2024:

• The median value for Houses in Bright is $1,000,310 while the median value for Units is $483,875.
• Houses have a median rent of $580 while Units have a median rent of $425.