Bright Suburb Profile
Victoria 3741

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Bright has 2,293 properties. Over the last 5 years, Houses in Bright have seen a 70.79% increase in median value, while Units have seen a 33.54% increase. As at 30 November 2024:

  • The median value for Houses in Bright is $1,000,310 while the median value for Units is $483,875.
  • Houses have a median rent of $580 while Units have a median rent of $425.
There are currently 2 properties listed for sale, and 1 property listed for rent in Bright on OnTheHouse. According to CoreLogic's data, 57 properties were sold in the past 12 months in Bright.

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.

Suburb Insights for BRIGHT 3741

Market Insights
Bright Trends for Houses
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Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Bright Trends for Units
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Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age

Population 2,423

0-9

 

11%

10-19

 

10%

20-29

 

7%

30-39

 

9%

40-49

 

13%

50-59

 

15%

60-69

 

17%

70-79

 

12%

80-89

 

6%

90-99

 

1%

Household Structure
Occupancy

Last Updated: 22/12/2024

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.