OFF MARKET

6/5 Racecourse Road
Bright VIC 3741

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 67m2
Land area: 167m2
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Property Details for 6/5 Racecourse Rd, Bright

6/5 Racecourse Rd, Bright is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 167m2 and floor size of 67m2. While the property is not currently for sale or for rent, it was last sold in August 2016.

Building Type
Unit
Year Built
1980
Floor Size
67m2
Land Size
167m2
Local Government
Alpine
Lot/Plan
6/SP33466

Last Listing description (August 2024)

Discover a delightful investment opportunity or the perfect holiday retreat with this charming two-bedroom cottage, nestled just off the scenic Delany Avenue. Immaculately presented, this neat and tidy unit offers a quiet lifestyle choice in the picturesque town of Bright.Set within the tranquil, leafy Tudor Village complex, residents can unwind in the peaceful common area or enjoy a refreshing dip in the inviting pool. Storage solutions are evident throughout the cottage, from the well-appointed kitchen to the bright and airy bedrooms, complemented by an additional hallway cupboard, ensuring a clutter-free living space.Comfort is guaranteed year-round with the convenience of split system heating and cooling, catering to all seasons. Outdoors, the quaint back garden provides a private space for relaxation or alfresco dining.Parking is made easy with a single carport, and for those requiring extra storage for adventure gear or tools, there is a separate lock-up shed. With its location a mere 2-minute walk to the calming Ovens River, outdoor enthusiasts and nature lovers will be in their element.This gem has also proven its worth as a long-term rental property, making it an attractive prospect for investors seeking to expand their portfolio. Embrace the allure of Bright and the unique lifestyle it offers with this idyllic unit.

Property History for 6/5 Racecourse Rd, Bright, VIC 3741

A timeline of how this property has performed in the market
Last Sold
$219,000
24 Aug 2016
  • 24 Jul 2024
    Listed for Sale $535,000
  • 27 Jun 2024
    Listed for Rent $400 / week
  • 24 Aug 2016
    Sold for $219,000
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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 2,237 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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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.