104B Gavan StreetBright VIC 3741
Property Details for 104b Gavan St, Bright
Last Listing description (May 2022)
+Renewed Five (5) year lease to October 2026 plus options to 2041.
+Bendigo Bank: 324 community banks across AUS, with $272m* reinvested into local communities since 1998.
+Investor preferred net lease terms with tenant paying all usual outgoings.
+Important regional community bank with expansive Alpine Shire trade catchment.
+Well presented 140sqm* branch updated to Bendigo Banks' latest corporate standard.
+High profile Great Alpine Road site, directly opposite renowned Bright Brewery and Sun Bright Cinema.
+Potential 50% stamp duty savings.**
+Bright: booming year-round family tourist destination and gateway to Victorian Alps.
+Net Income: $40,200pa + GST.
For Sale by Investment Portfolio Auction
10:30am (AEDT) Wednesday 11 May 2022
Crown Casino - River Room
*Approx
**Potential
Property History for 104b Gavan St, Bright, VIC 3741
- 21 May 2025Sold for $870,000
- 11 May 2022Sold for $940,000
- 08 Apr 2022Listed for Sale Price on Request
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0About 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.
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