1/33 Delany Avenue, Bright, VIC 3741 | Property Value & History | OnTheHouse
OFF MARKET

1/33 Delany Avenue
Bright VIC 3741

Bedrooms: 1
Bathrooms: 1
Car spaces: 2
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Property Details for 1/33 Delany Ave, Bright

1/33 Delany Ave, Bright is a 1 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1980. While the property is not currently for sale or for rent, it was last sold in February 2024.

Building Type
Unit
Year Built
1980
Local Government
Alpine
Lot/Plan
1/LP95943

Last Listing description (May 2024)

Investors Take Note

This charming block of 4 units is a rare opportunity to invest in Delany Avenue, only a 2-minute walk from the town center. As you stand on the threshold of this fantastic central location, envision the possibilities that await.

These well-maintained properties, steeped in over two decades of rental market history, boast a combination of charm and functionality. The ensemble includes a 3-bed, 2-bath house, two 1-bed, 1-bath units, and a studio unit with its own bed and bath. With allocated off-street parking, and additional leased shedding, this investment is a comprehensive package for the savvy investor.

Currently let, the properties offer an impressive gross rental yield exceeding 5%. Beyond the numbers, picture your tenants taking an easy stroll to town, enjoying the proximity to Bright's Centenary Park. The low-care grounds ensure minimal maintenance, emphasizing the convenience and ease of ownership.

Don't miss out on this rare chance to secure a slice of Delany Avenue-a prime location where investment potential meets a leisurely lifestyle. Seize the moment, and make this unique block of 4 units your next venture in the thriving real estate landscape.

Property History for 1/33 Delany Ave, Bright, VIC 3741

A timeline of how this property has performed in the market
Last Sold
$1,190,000
22 Feb 2024
  • 24 Apr 2024
    Sold - Price Undisclosed
  • 10 Jan 2024
    Listed for Sale SOLD by Dickens
  • 13 Oct 2021
    Listed for Rent $185 per week pw
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About Bright 3741

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 2016 was 2406 people. By 2021 the population was 2620 showing a population growth of 8.9% 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 $1800 - $2399 per month on mortgage repayments. In general, people in Bright work in a professional occupation.In 2021, 72.40% of the homes in Bright were owner-occupied compared with 69.40% in 2016.

Bright has 2,422 properties. Over the last 5 years, Houses in Bright have seen a 46.06% increase in median value, while Units have seen a 53.25% increase. As at 30 November 2025:

  • The median value for Houses in Bright is $970,292 while the median value for Units is $595,772.
  • Houses have a median rent of $575 while Units have a median rent of $460.
There are currently 2 properties listed for sale, and 1 property listed for rent in Bright on OnTheHouse. According to Cotality's data, 76 properties were sold in the past 12 months in Bright.

Suburb Insights for Bright 3741

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.