3/1A Wood Street, Bright, VIC 3741 | Property Value & History | OnTheHouse
OFF MARKET

3/1A Wood Street
Bright VIC 3741

Bedrooms: 7
Bathrooms: 3
Car spaces: 4
Floor area: 79m2
Land area: 434m2
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Property Details for 3/1a Wood St, Bright

3/1a Wood St, Bright is a 7 bedroom, 3 bathroom Unit with 4 parking spaces and was built in 1985. The property has a land size of 434m2 and floor size of 79m2. While the property is not currently for sale or for rent, it was last sold in April 2008.

Building Type
Unit
Year Built
1985
Floor Size
79m2
Land Size
434m2
Local Government
Alpine
Lot/Plan
7/RP18748

Last Listing description (March 2023)

Located in the heart of Bright, the Tourist mecca of North East Victoria, 14 Wood Street is a unique development opportunity not to be missed. Currently being utilised as a long term residential rental investment, this property has so much more to offer its new owner.

Sitting on 910m2 of Commercial Zoned land within Bright's CBD, with frontage to both Wood Street and Burke Street, the property is primed for mixed use or residential development.

The property consists of three separate residential tenancies. A 3 bedroom, 1 bathroom home fronting Wood Street and two 2 bedroom units at the rear of the property. But this offering is all about the future!

Being located 100m from the centre of town, with the heritage listed streetscape of Wood Street on one side and Burke Street and the start of the Murray to Mountains Rail Trail on the other, this truly is the most unique property currently on the market in Bright.

Contact our agency to discuss this opportunity further or to arrange your private inspection.

Inspections by appointment only.

Property History for 3/1a Wood St, Bright, VIC 3741

A timeline of how this property has performed in the market
Last Sold
$200,000
23 Apr 2008
  • 21 Jul 2022
    Listed for Sale $1,800,000 - $1,850,000
  • 23 Apr 2008
    Sold for $200,000
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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.

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.