3-11 Coronation AvenueBright VIC 3741
Property Details for 3-11 Coronation Ave, Bright
Last Listing description (March 2026)
A rare opportunity to secure a substantial landholding in a central Bright location. This expansive 7,196m2 parcel is one of the few remaining large allotments so close to town, offering space and flexibility that is becoming increasingly hard to find.With potential for subdivision (STCA), the property presents a great opportunity for developers, investors or those looking to secure a sizeable parcel for the future.Conveniently located close to Bright P-12 College, the hospital and just a short distance from the town centre, the position offers everyday practicality while still providing the space of a large holding.Whether you choose to develop the land or simply secure a rare central allotment, this is a unique opportunity in a tightly held area.Expressions of Interest closing 12pm, 15 April.
Property History for 3-11 Coronation Ave, Bright, VIC 3741
- 04 Mar 2026Listed for Sale Expressions Of Interest Closing 12pm April 15th
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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 2,458 properties. Over the last 5 years, Houses in Bright have seen a 48.99% increase in median value, while Units have seen a 32.56% increase. As at 31 March 2026:
- The median value for Houses in Bright is $1,062,737 while the median value for Units is $616,749.
- Houses have a median rent of $600 while Units have a median rent of $450.
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