Real Estate Bright, VIC, 3741 Alpine

Thinking about buying in Bright? Now could not be a better time, with a whopping 2610 properties either residential or commercial there's certainly plenty to choose from.

The average property price for this area is $902,000 with prices in this suburb ranging from $86,000 to $4,590,000.

Distance to the coast is 151 Km.

Instant Valuation

Bright Real Estate Market Outlook

Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Bright due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The slightly lower than average earnings from occupations in Bright changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Medium density in Bright necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. With very low industrial sector presence in Bright the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.

About

Household makeup

Median Weekly Rent $289.60
Median Monthly Mortgage $1534.20
Median Persons Per Bedroom 0.76
Average Household Size 2.20
Average Age 42.00
Average Income $910.00
Average Cars Per Dwelling 2.58
Average Properties Within 50M 9.00

Typical Property Prices

2 Bed$620,000
3 Bed$946,000
4 Bed$1,450,000
5 Bed$1,319,933
6 Bed +$2,750,000

Housing Stock

Houses for sale Bright

First National 6 LACHLAN CT, BRIGHT, VIC, 3741 3 2 2 $1,225,000
First National 33 TOORAK RD, BRIGHT, VIC, 3741 4 2 3 $1,149,000
First National 5 BLACKWOOD BOWL, BRIGHT, VIC, 3741 5 2 3 $1,495,000
First National 17B CHURCHILL AV, BRIGHT, VIC, 3741 3 2 1 $1,200,000
First National UNIT 5, 16 PARK ST, BRIGHT, VIC, 3741 2 1 1 $629,000
First National UNIT 3, 16 PARK ST, BRIGHT, VIC, 3741 2 1 1 $599,000
First National 21 BROOKS ST, BRIGHT, VIC, 3741 3 2 2 $859,000
First National 15 CLARET CT, BRIGHT, VIC, 3741 3 1 1 $895,000
First National UNIT 9, 56 MOUNTBATTEN AV, BRIGHT, VIC, 3741 3 1 2 $695,000
First National UNIT 3, 8 GAVAN ST, BRIGHT, VIC, 3741 3 2 1 $1,050,000
First National 14 THREE PEAKS RISE, BRIGHT, VIC, 3741 0 0 0 $675,000

Local Schools

Bright P-12 College

(While the above schools are located with the suburb of Bright there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average


Bright weather - Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan4.710.018.546.987.84.425.4
Feb4.48.817.352.691.24.721.1
Mar3.56.814.457.893.14.716.5
Apr43.610.163.895.75.312.4
May3.30.45.667.695.85.98.5
Jun4.6-1.72.674.496.46.26.7
Jul4.2-2.71.276.296.96.95.7
Aug4.4-3.31.375.197.96.58.7
Sept3.7-0.45.461.096.96.915.2
Oct5.12.19.759.794.45.620.7
Nov4.15.213.553.392.65.824.8
Dec3.77.216.34789.55.526.6

source: Australian Government Bureau of Meteorology



Internet Speed

Fibre to the Curb

Fibre to the Node

Fibre to the Premises

Fixed Wireless

Satellite


Nearby Suburbs

GermantownFreeburghPorepunkahWandiligongKancoonaCoral BankTawonga SouthSmokoHavilahMongans Bridge


General Points of Interest

Residz covers 12m+ Australian properties and brings together a wealth of data to give you a better understanding of an area. From crime and schools to bush fire, flood risk and more. Begin your search for properties for sale or learn more about where you currently reside. Residz is an exciting next-generation Real Estate platform getting better by the day!