8 Anderson StreetBright VIC 3741
Property Details for 8 Anderson St, Bright
Last Listing description (July 2024)
Situated in the centre of Bright, this excellent freehold opportunity awaits.Securely leased to a long term tenant in a current 5 year term with a further 5 year option.Prime position being situated across from Mafeking Square, affording your tenant fantastic passing and foot traffic exposure.Shop size of approx. 87m2Returning $22,000pa
Property History for 8 Anderson St, Bright, VIC 3741
- 15 Jul 2024Listed for Sale SOLD by Dickens
- 11 Jul 2024Sold for $525,000
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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.
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