1/40-42 Gavan Street, Bright, VIC 3741 | Property Value & History | OnTheHouse
OFF MARKET

1/40-42 Gavan Street
Bright VIC 3741

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 123m2
Land area: 481m2
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Property Details for 1/40-42 Gavan St, Bright

1/40-42 Gavan St, Bright is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1992. The property has a land size of 481m2 and floor size of 123m2. While the property is not currently for sale or for rent, it was last sold in March 2007.

Building Type
Unit
Year Built
1992
Floor Size
123m2
Land Size
481m2
Local Government
Alpine
Lot/Plan
1/PS322227

Last Listing description (February 2007)

Cosy 2 bedroom 2 bathroom Unit - Very handy to town!
A very comfortable Unit in a delightful development of 4 units. The unit is set in beautifully maintained grounds and also boasts a generous fully fenced private rear yard. The unit itself is of brick veneer construction with a terracotta tile roof. Inside you will find a well appointed kitchen which includes an electric cooktop and electric oven, range hood, dishwasher, a 11/2 bowl sink laminex benchtops and overhead cupboards, a spacious open plan dining area that leads on to the lounge living area. The master bedroom is quite large with BIRs and an ensuite. The second bedroom is also of a good size and has BIRs and is handy to the main bathroom which consists of a bath, shower recess, vanity and toilet all fully tiled. There is a neat laundry complete with tiled floor and broom cupbard storage that leads out to the single lock up garage. The generous rear yard is fully fenced and very private. This is a very well constructed home and rarely found on the market - great buying at the asking price of $275,000.
Additional feature - Large Private Rear Yard - Delightful setting.

Property History for 1/40-42 Gavan St, Bright, VIC 3741

A timeline of how this property has performed in the market
Last Sold
$255,000
02 Mar 2007
  • 02 Mar 2007
    Sold for $255,000
  • 16 Apr 2006
    Listed for Sale 275000
  • 01 Dec 2000
    Sold for $120,000
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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, 78 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.