4/40-42 Gavan Street, Bright, VIC 3741 | Property Value & History | OnTheHouse
 
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4/40-42 Gavan Street
Bright VIC 3741

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 104m2
Land area: 399m2
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Last updated 29 Dec 2025
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Property Details for 4/40-42 Gavan St, Bright

4/40-42 Gavan St, Bright is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1995. The property has a land size of 399m2 and floor size of 104m2. While the property is not currently for sale or for rent, it was last sold in April 2015.

Building Type
Unit
Year Built
1995
Floor Size
104m2
Land Size
399m2
Local Government
Alpine
Lot/Plan
4/PS322227

Last Listing description (July 2015)

Located just 500mt from the town centre of Bright, this brick veneer townhouse is stunning in every respect and well worthy of an inspection. With park like common property surrounds, this property ticks all the boxes for the retiring couple, holiday makers or those looking to downsize.

Comprising 3 bedrooms with ensuite to master. Spacious open plan living areas with sliding door access to a rear entertaining deck covered by a retractable sun awning. Year round climate control via R/C split syst A/C & wood heating. Direct access to single garage/workshop through laundry area. Fresh carpets & paintwork. Solar hot water.


Outdoors is even more of a drawing card, with landscaped low maintenance garden areas making this an entertainers delight. With all the hard yakka done, simply make the purchase and move in. The relaxed lifestyle is then all yours.

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Property History for 4/40-42 Gavan St, Bright, VIC 3741

A timeline of how this property has performed in the market
Last Sold
$365,000
10 Apr 2015
  • 10 Apr 2015
    Sold for $365,000
  • 27 Nov 2014
    Listed for Sale $369,500
  • 30 Jan 2008
    Sold for $290,000
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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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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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