5/16 Park StreetBright VIC 3741
Property Details for 5/16 Park St, Bright
5/16 Park St, Bright is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1985. The property has a land size of 125m2 and floor size of 76m2. While the property is not currently for sale or for rent, it was last sold in September 2003.
Last Listing description (November 2025)
Centrally located in Park Street, within 400m from Bright's town centre, this 2 storey brick veneer unit presents a fantastic rental investment opportunity for either permanent or short term occupancy.
Set in a complex of 5, this neat & tidy Unit comprises 2 double sized bedrooms on the upper level, both of which contain BIR's & an outlook to the surrounding mountains, with the ground floor consisting of a functional kitchen & dining space, living room, bathroom & laundry.
Outside features a fully enclosed rear courtyard & undercover outdoor entertaining zone, garden shedding plus a single carport attached.
Currently Tenanted.
Property History for 5/16 Park St, Bright, VIC 3741
- 13 Nov 2025Listed for Sale $615,000
- 30 Jan 2023Listed for Sale $629,000
- 30 May 2012Listed for Rent $200 / week
Recent sales nearby
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0About 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.
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