43 Cobden StreetBright VIC 3741
Property Details for 43 Cobden St, Bright
43 Cobden St, Bright is a 4 bedroom, 2 bathroom House with 3 parking spaces. The property has a land size of 946m2.
Last Listing description (September 2023)
Being offered for sale is this unique investment or development opportunity located in Cobden Street, Bright, only 500m to the top of town.
Sitting on a large 946 sqm allotment, the property consists of two seperated 2-bedroom units.
Live in one and receive a passive income from the second, or rent both for a strong return on investment. Both units consist of two bedrooms, L-shaped kitchen/lounge, bathroom and external laundry with an attached carport.
A single lock up garage/shed is located at the rear of Unit 1.
Future development of the site also makes this an incredible offering in such a prime location, with the large allotment lending itself to subdivision for a multi-townhouse site (STCA).
Located opposite the Bright Hospital with a flat, 5-minute walk to the centre of town, the property is ideal for a retirement downsize, investment or holiday base in central Bright.
Unit 2 currently tenanted.
Inspections are strictly by appointment with the Agents.
Property History for 43 Cobden St, Bright, VIC 3741
- 28 Jun 2023Listed for Sale Not Disclosed
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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 2,424 properties. Over the last 5 years, Houses in Bright have seen a 48.24% increase in median value, while Units have seen a 45.56% increase. As at 31 January 2026:
- The median value for Houses in Bright is $1,025,089 while the median value for Units is $591,536.
- Houses have a median rent of $580 while Units have a median rent of $455.
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