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Investment Property Bright, VIC, 3741

Suburb Snapshot

Bright is a suburb in the Alpine Region of Victoria. Bright has a population of 2,399 people and 17.73% of its occupants live in rental accommodation. The median listing price for houses is $1,210,000 and this has changed 0.83% over the past year and changed -12.95% over 2 years.

The median rent in Bright for houses is $600 per week and the median rental yield is 2.57%. Stock on the market for houses/townhouses has changed 50.00% compared to last year and the average time to sell a house/townhouse is 155 days.The median listing price for units is $652,000 and this has changed 7.41% over the past year. The average unit takes 151 days to sell and the median rent for a unit in Bright is $400 per week, producing a rental yield of 3.19%.

Supply & Demand in Bright, Alpine

0.77%

Current vacancy rate


14

Rental stock available


2,399

Population


17.73%

Rental population


0.44%

Current vacancy rate


40

Rental stock available


12,335

Population


16.97%

Rental population


0.93%

Current vacancy rate


28,886

Rental stock available


5,926,624

Population


24.77%

Rental population


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

Statistical data for Bright, Alpine

  House Townhouses Units
Median listing price $1,210,000 NA $652,000
Median price change - last quarter -1.26% NA -1.12%
Median price change - 1 year 0.83% NA 7.41%
Median price change - 2 years -12.95% NA 3.65%
  House Townhouses Units
Median weekly rent $600 NA $400
Median yield % 2.57% NA 3.19%
Median rent change - 1 year NA NA -2.44%
  House Units
Previous month sales 1 1
Stock on market previous month 72 10
Stock variance vs. last year 50.00% 25.00%
Average days on market 155 151

Bright investment property listings

Showing 5 of 85 investment properties found in Bright on realestateinvestar.com.au

8 Three Peaks Rise, Bright

$1,250,000

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Quiet Location, Close to Everything

Tucked away in the peaceful pocket of Three Peaks Rise, this beautifully presented four-bedroom, two-bathroom home combines space, style and effortless living. Surrounded by an established garden, it offers an inviting setting where you can move straight in and start enjoying the relaxed Bright ...

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House

VIC 3741


11 Ireland St, Bright

$1,650,000

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Prominent Commercial Freehold Opportunity

Sitting proudly along the western side of Ireland Street is one of Brights most recognisable commercial properties, "Buckleys". The original Buckley's Store was built in 1891 with the building being enlarged and a second storey added around 1900, creating the magnificent building we see today. The ...

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Commercial

VIC 3741


25 Harpers La, Bright

$4,500,000

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One of the Valley's Most Exceptional Lifestyle Holdings

Set across 72 acres, with an additional 7 acres under lease, 25 Harpers Lane presents a rare opportunity to secure a true alpine lifestyle property just 6km from Bright's main street. Private, peaceful and framed by breathtaking valley views, rolling hills and expansive alpine skies, the property ...

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Rural

VIC 3741


316 Great Alpine Rd, Bright

$995,000

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Turnkey Lifestyle Waiting for its new Owners!

Forget about renovation stress or endless to-do lists - this home is ready to embrace you right now, exactly as it is. Completely transformed from top to bottom, inside and out, this home is move in ready. Gorgeous European Oak Embelton flooring flows throughout, creating a warm and elegant ...

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House

VIC 3741


3/40 Bakers Gully Rd, Bright

$519,000

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Turnkey Investment Walking Distance To Bright

Perfectly positioned just 500 metres from Bright's main street, this two storey unit presents an outstanding opportunity for investors, holidaymakers or those seeking a low maintenance lifestyle in a highly sought after location. Downstairs, a light filled open plan living and dining area is ...

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Unit

VIC 3741


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