Bright Suburb ProfileVictoria 3741
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Bright has 2,238 properties. Over the last 5 years, Houses in Bright have seen a 73.69% increase in median value, while Units have seen a 45.52% increase. As at 31 July 2024:
- The median value for Houses in Bright is $1,001,121 while the median value for Units is $545,330.
- Houses have a median rent of $580 while Units have a median rent of $425.
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.
Market Insights
Bright Trends for Houses
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Bright Trends for Units
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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
Recent Sales in BRIGHT 3741
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Last Updated: 07/09/2024
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