OFF MARKET

7/40 Bakers Gully Road
Bright VIC 3741

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 56m2
Land area: 67m2
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Property Details for 7/40 Bakers Gully Rd, Bright

7/40 Bakers Gully Rd, Bright is a 1 bedroom, 1 bathroom Unit and was built in 1990. The property has a land size of 67m2 and floor size of 56m2. While the property is not currently for sale or for rent, it was last sold in November 2017.

Building Type
Unit
Year Built
1990
Floor Size
56m2
Land Size
67m2
Local Government
Alpine
Lot/Plan
7/PS538220

Last Listing description (January 2024)

Rarely do 1-bedroom units come on to the market, offering the perfect opportunity to secure yourself a Holiday Let investment in bustling Bright.

Selling fully furnished, this low maintenance, set and forget unit, is the ideal year-round holiday base in beautiful Bright.

This upstairs unit, located within walking distance to Bright town centre, features an open plan layout, new carpet flooring, with neat and compact living.

The kitchenette offers good storage, electric portable oven and microwave, with a lovely elevated view to the gardens outside.

Light and bright, the reverse cycle air conditioning assures year-round comfort.

A generously sized separate bedroom, with BIRs and a ceiling fan, is tucked away to the rear of the unit, serviced by the bathroom containing shower, vanity and toilet.

Affordable and conveniently located, this fabulous unit, in a complex of 7, is nestled amongst 2500m2 of private gardens and has been a holiday let property for many years and proven to perform well.

The communal gardens are spectacular and provide a lovely outlook, as does the spring that runs along the rear of complex. The sound of running water adds to the private ambiance of the outdoor areas.

With a communal BBQ area and new outdoor spa, this affordable investment is not one to be missed.

Book your private inspection today- 57551249

Property History for 7/40 Bakers Gully Rd, Bright, VIC 3741

A timeline of how this property has performed in the market
Last Sold
$205,000
15 Nov 2017
  • 26 Oct 2023
    Listed for Sale Not Disclosed
  • 15 Nov 2017
    Sold for $205,000
  • 30 Oct 2017
    Listed for Sale $210,000
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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 2,224 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, 56 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.