2/5 Racecourse Road, Bright, VIC 3741 | Property Value & History | OnTheHouse
OFF MARKET

2/5 Racecourse Road
Bright VIC 3741

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 2/5 Racecourse Rd, Bright

2/5 Racecourse Rd, Bright is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1990. While the property is not currently for sale or for rent, it was last transferred in March 2018.

Building Type
Unit
Year Built
1990
Local Government
Alpine
Lot/Plan
2/SP33466

Last Listing description (November 2013)

NEAT HOLIDAY INVESTMENT
'Elm Cottage' - Nestled peacefully in the Tudor Village complex is this very neat and charming 2 bedroom Tudor style unit.
Comprising open plan living, meals and kitchen area with adjacent laundry, 2 bedrooms, bathroom with shower, toilet and vanity. Tastefully decorated throughout, recently refurbished with new R/C split syst A/c, new flatscreen T.V, dishwasher & floor coverings to kitchen area. With nothing more to spend, this holiday getaway is being offered fully furnished. Shared use of in-ground pool, BBQ area and peaceful garden setting. Just a short walk to the Ovens River.

Ideal Investment property. Perfect for your own holiday use, whilst also deriving income by holiday letting when you're not there to enjoy all it has to offer.

Property History for 2/5 Racecourse Rd, Bright, VIC 3741

A timeline of how this property has performed in the market
Last Transferred
26 Mar 2018
  • 16 Jan 2012
    Listed for Sale $205,000 FULLY FURNISHED
  • 12 Apr 2007
    Listed for Sale Fully frunished $205,000
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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, 77 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.