1 Riverside Avenue, Bright, VIC 3741 | Property Value & History | OnTheHouse
OFF MARKET

1 Riverside Avenue
Bright VIC 3741

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 124m2
Land area: 1333m2
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Property Details for 1 Riverside Ave, Bright

1 Riverside Ave, Bright is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 1333m2 and floor size of 124m2.

Building Type
House
Year Built
1960
Floor Size
124m2
Land Size
1333m2
Local Government
Alpine
Lot/Plan
6~B/PP5110

Last Listing description (October 2012)

BEST POSITION IN BRIGHT
OFFERED FOR THE FIRST TIME IN 10 YEARS, THESE 7 LONG ESTABLISHED FAMILY HOLIDAY UNITS ARE LOCATED ON THE BANKS OF THE OVENS RIVER WITHIN A SHORT 1 MINUTE STROLL TO THE BRIGHT TOWN CENTRE. ALL FULLY SELF CONTAINED, COMPRISING SIX, TWO BEDROOM UNITS AND ONE, ONE BEDROOM UNIT MOST WITH REVERSE CYCLE AIR CONDITIONING, FULL KITCHEN, 5 UNITS HAVE OWN WASHING MACHINE AND 2 OTHERS HAVE SHARED LAUNDRY FACILITIES. UNDERCOVER PARKING IS OFFERED TO EACH UNIT WITH VISITOR PARKING ALSO AVAILABLE. THE UNITS ARE SET IN SPACIOUS GROUNDS (2973 M2) WITH CENTRAL BBQ AND MEETING AREA. THE PROPERTY ENJOYS GLORIOUS VIEWS OF THE RIVER AND IS NEARBY TO THE FAMOUS OVENS RIVER SWIMMING POOL AND WATER SLIDE, PLAYGROUND, SUPERMARKET, RESTAURANTS AND CAFES. DIRECT ACCESS TO ONE OF BRIGHT'S MAIN WALKING TRACKS, THE CANYON WALK AND NEXT TO THE STAR BRIDGE AND HOWITT SOUND SHELL .BUSINESS OPERATING REPORT IS AVAILABLE ON REQUEST.ALL ITEMS ASSOCIATED WITH THE RUNNING OF THE BUSINESS ARE INCLUDED AS IS THE DATA BASE AND ALL FORWARD BOOKINGS. OFFERED INDEPENDENTLY IS A 2 BEDROOM MANAGERS RESIDENCE WITH 1 BEDROOM GRANNY FLAT AND OFFICE ON SEPARATE TITLE. OVENS VIEW HOLIDAY FLATS IS AN IDEAL DESTINATION FOR FAMILIES LOOKING FOR BUDGET AND AFFORDABLE FAMILY ACCOMMODATION. OVENS VIEW OFFERS FURTHER POTENTIAL FOR A NEW OWNER/S WHO ENJOY QUIET COUNTRY LIVING AND LOOKING TO GROW A WELL ESTABLISHED BUSINESS. OVENS VIEW OFFERS A DATABASE OF EXISTING CUSTOMERS WHO REGULARLY VISIT THE ALPINE REGION AND RESPOND WELL TO MARKETING CAMPAIGNS. OVENS VIEW IS ONE OF THE TOP DESTINATIONS OFFERED BY A WELL RESPECTED MARKETING & ADVERTISING GROUP, TRAVEL AUCTIONS.

Property History for 1 Riverside Ave, Bright, VIC 3741

A timeline of how this property has performed in the market
  • 31 Oct 2012
    Listed for Sale $780,000
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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, 76 properties were sold in the past 12 months in Bright.

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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.