OFF MARKET

7 Racecourse Road
Bright VIC 3741

Bedrooms: 5
Bathrooms: 4
Car spaces: -
Land area: 5771m2
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Last updated 18 Nov 2024
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Property Details for 7 Racecourse Rd, Bright

7 Racecourse Rd, Bright is a 5 bedroom, 4 bathroom House. The property has a land size of 5771m2.

Building Type
House
Land Size
5771m2
Local Government
Alpine

Last Listing description (April 2022)

What an incredible opportunity to secure such a rare gem with so many fabulous aspects on offer.

7 Racecourse Road, also known as 8 Tyntynder Lane is set on 1.5 acres, situated less than 100m to the beautiful Ovens River, has no neighbours on 3 sides and includes a 3 bedroom 2 bathroom home, 1 bedroom guest cottage, an original "miners hut" that provides further separate accommodation again when required, a huge Colorbond shed for all your workshop/storage/Man Cave needs and beautifully established gardens, shrubs and trees.

The timber home has instant country character appeal, has a Northerly aspect and provides up to 3 bedrooms (or 2 & an office) 2 bathrooms, galley style kitchen with stunning Falcon double oven & induction cooktop, separate dining space and a fabulous lounge with open fire, slow combustion wood fire, heaps of character and access out on to the decking that has some undercover area if you need it, or just a multitude of vantage points in which to relax and enjoy your beautiful surrounds.

The freestanding remodeled 1 bedroom cottage offers lovely open plan living, separate bedroom with built in robes and bathroom/laundry combo to provide complete independence. The home continues the country feel of the entire property and makes for the perfect place for family & friends to stay.

Further still is "The Miners Hut". This piece of high country history further adds to your ability to have plenty of guests stay over. With an incredible amount of rustic charm, it offers a 1 bedroom open plan space with separate bathroom facilities.

And now for the shed; Offering you some 150m2 of "man cave" bliss with barn style doors, all concrete floor, power of course and plenty of head height and situated to one side of the block to leave you heaps of grassy space for the kids or further development.

A property like no other in Bright, one that has been hand crafted over time, one that offers an incredible sense of space, a huge array of accommodation options, has you only moments from the Ovens River, is in a quiet location out of "town" whilst not being out of town and provides that sense of what moving to the country is all about.

Property History for 7 Racecourse Rd, Bright, VIC 3741

A timeline of how this property has performed in the market
Listed for Rent
$400/w
28 Aug 2018
  • 03 Feb 2022
    Listed for Sale Contact Agent
  • 21 Aug 2018
    Listed for Rent - Price not available
  • 12 Oct 2017
    Listed for Sale $975,000

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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 2,278 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, 54 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.