5 Churchill Avenue, Bright, VIC 3741 | Property Value & History | OnTheHouse
OFF MARKET

5 Churchill Avenue
Bright VIC 3741

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 126m2
Land area: 1001m2
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Property Details for 5 Churchill Ave, Bright

5 Churchill Ave, Bright is a 3 bedroom, 1 bathroom House and was built in 1980. The property has a land size of 1001m2 and floor size of 126m2. While the property is not currently for sale or for rent, it was last transferred in March 2025.

Building Type
House
Year Built
1980
Floor Size
126m2
Land Size
1001m2
Local Government
Alpine
Lot/Plan
3/LP145106

Last Listing description (January 2022)

Located within 1km from Bright's town centre lies this prime dual occupancy investment property with significant development potential, (STCA).

With both dwellings currently tenanted, this fantastic dual occupancy property not only provides a sound return on investment in its current form, but also presents as a fantastic future development opportunity, with a planning application submitted to local Council providing for a stylish 3 x 3 Bed, 3 Bath, 2 storey townhouse development. (Pending Council Approval).

The site of 935m2 is currently home to a soundly built 1980's brick veneer main residence that comprises 3 bedrooms, 1 bathroom, a central kitchen & adjacent dining space, plus a light filled open plan living zone with full north-eastern exposure, woodfire & split system heating & cooling. Solar powers is also included.

To the rear of the main dwelling lies a separate 2 bedroom, 1 bathroom fully self-contained Unit. This space also includes a small open plan living zone with split system heating & cooling, combined kitchen/laundry, and a decked verandah to one side.

Multiple options are available here to potential purchasers. One could simply continue with its current configuration, with 2 x permanent tenancies in place and the potential to increase its current rental return. Reside in the main residence & utilise the flat as a short-term holiday let or space for visiting family & friends. Or level the site and develop it into a premium townhouse offering, the options are yours.

For further details or to arrange a private inspection, contact Regan Alexander on the following:

m | 0448 198 612
e | regan@brightfirstnational.com.au

Property History for 5 Churchill Ave, Bright, VIC 3741

A timeline of how this property has performed in the market
Last Transferred
29 Mar 2025
  • 29 Mar 2025
    Transferred
  • 09 Nov 2021
    Sold for $909,414
  • 23 Jul 2021
    Listed for Sale $899,000
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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.