OFF MARKET

8 Faulkner Rise
Bright VIC 3741

Bedrooms: 4
Bathrooms: 2
Car spaces: -
Floor area: 300m2
Land area: 7137m2
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Property Details for 8 Faulkner Rise, Bright

8 Faulkner Rise, Bright is a 4 bedroom, 2 bathroom House and was built in 2018. The property has a land size of 7137m2 and floor size of 300m2. While the property is not currently for sale or for rent, it was last sold in May 2016.

Building Type
House
Year Built
2018
Floor Size
300m2
Land Size
7137m2
Local Government
Alpine
Lot/Plan
4/PS733767

Last Listing description (June 2017)

Close to two acres (7139m2) of residential land with sensational views to Mystic Hill! Lot 4 Faulkner Rise may just be the perfect block to build your new home, in what will be a beautiful, private estate.
With surrounding lot sizes ranging from 2344m2 to 8029m2, you wont feel like youre living in any typical residential estate. Ample space, views down the valley and up to the Mystic Hill paragliding launch pad, and with one of Brights hidden gems, the Bakers Gully Reservoir, walking tracks and mountain bike trails right across the road, these lots present a fantastic lifestyle choice.
Only a short walk to schools and the Bright Township, sealed road access and all services connected.

Only nine lots available with titles available by early 2016, secure your piece of this exclusive community now and start planning your new home.
Other lots available are:
Lot 1 8029m2 $310,000
Lot 2 4013m2 $275,000
Lot 3 4005m2 $275,000
Lot 4 7139m2 $310,000
Lot 5 UNDER CONTRACT
Lot 6 2344m2 $250,000
Lot 7 SOLD
Lot 8 3306m2 $275,000
Lot 9 SOLD

Property History for 8 Faulkner Rise, Bright, VIC 3741

A timeline of how this property has performed in the market
Last Sold
$310,000
16 May 2016
  • 16 May 2016
    Sold for $310,000
  • 10 Mar 2016
    Listed for Sale $310,000

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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.

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.