2. VIC
  3. Alpine

Houses Units

Here you can find what you need to know about Bright, VIC, including house prices in the area, median values, annual growth, recent sale prices, maps, a suburb profile and much more.

Suburb Insights
for Houses in last 12 months

At a Glance

$1.1M Median Sale Price (National Average $485k) 201st In VIC
-5.09% Median Sale Price Change (1yr) (National Average 4.30%) 2631st In VIC
$580pw Median Rent (National Average $395) 256th In VIC
2.8% Median Gross Yield (National Average 4.24%) 453rd In VIC
Properties sold 32
Average discounting -5.57%
Average Days on Market 89
Stock on Market 94 for sale

Investment Strategy Scores

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How we calculate the suburb Cash Flow Score

The suburb Cash Flow Score is simply the average of all the individual Cash Flow Scores for each property in that suburb.

A higher score indicates the suburb is more likely to contain properties that deliver an above average gross yield.

Bright, VIC National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Capital Growth Score

The suburb Capital Growth Score is simply the average of all the individual Capital Growth Scores for each property in that suburb.

A higher score indicates the suburb has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

Bright, VIC National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Lower Risk Score

The suburb Lower Risk Score is simply the average of all the individual Lower Risk Scores for each property in that suburb.

A higher score indicates the suburb has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to contain properties that command higher rent than average and therefore attract higher income tenants. Furthermore, properties in this suburb are likely to be easier to sell in the future due to strong market health indicators.

Bright, VIC National
Average Days
on Market
Change in Median Price
(5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

Property Prices in Bright


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State Auction Clearance Rates


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Local Schools


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Suburb Information

Bright, VIC 3741

Part of: Alpine Council No data available

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. (source: Australian Bureau of Statistics)

View all properties for sale in Bright

Demographic data provided
by Australian Bureau of Statistics

Market Trends for Bright   for Houses in last 12 months


There have been 32 Houses sold in Bright in the past 12 months with a median sale price of $1.1M, down 5.1% annually. It takes on average 67 days to sell with vendor discounting of -5.6%.

Others also viewed

Suburb Median Sale Price Change (1yr) Median Sale Price Median Rent Median Gross Yield
Porepunkah VIC, 3740 -16.80% $790,000 Unavailable Unavailable View Suburb Profile
Brighton VIC, 3186 -0.30% $3,315,000 $1,350pw 2.1% View Suburb Profile
Myrtleford VIC, 3737 -0.85% $585,000 $450pw 4.0% View Suburb Profile
Freeburgh VIC, 3741 Unavailable Unavailable Unavailable Unavailable View Suburb Profile
Mount Beauty VIC, 3699 6.79% $590,000 $433pw 3.8% View Suburb Profile
Brighton East VIC, 3187 -9.28% $2,200,000 $1,000pw 2.4% View Suburb Profile

Currency

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