6/5 Racecourse Road, Bright, VIC 3741 | Property Value & History | OnTheHouse
OFF MARKET

6/5 Racecourse Road
Bright VIC 3741

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 8 Dec 2025
Low

High
Save

Property Details for 6/5 Racecourse Rd, Bright

6/5 Racecourse Rd, Bright is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. While the property is not currently for sale or for rent, it was last sold in August 2016.

Building Type
Unit
Year Built
1980
Local Government
Alpine
Lot/Plan
6/SP33466

Last Listing description (October 2024)

'Birch Cottage'

Discover a delightful investment opportunity or the perfect holiday retreat with this charming two-bedroom cottage, nestled just off the scenic Delany Avenue. Immaculately presented, this neat and tidy unit offers a quiet lifestyle choice in the picturesque town of Bright.Set within the tranquil, leafy Tudor Village complex, residents can unwind in the peaceful common area or enjoy a refreshing dip in the inviting pool. Storage solutions are evident throughout the cottage, from the well-appointed kitchen to the bright and airy bedrooms, complemented by an additional hallway cupboard, ensuring a clutter-free living space.Comfort is guaranteed year-round with the convenience of split system heating and cooling, catering to all seasons. Outdoors, the quaint back garden provides a private space for relaxation or alfresco dining.Parking is made easy with a single carport, and for those requiring extra storage for adventure gear or tools, there is a separate lock-up shed. With its location a mere 2-minute walk to the calming Ovens River, outdoor enthusiasts and nature lovers will be in their element.This gem has also proven its worth as a long-term rental property, making it an attractive prospect for investors seeking to expand their portfolio. Embrace the allure of Bright and the unique lifestyle it offers with this idyllic unit.

Property History for 6/5 Racecourse Rd, Bright, VIC 3741

A timeline of how this property has performed in the market
Last Sold
$219,000
24 Aug 2016
  • 24 Jul 2024
    Listed for Sale $535,000
Commute Calculator

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, 78 properties were sold in the past 12 months in Bright.

Suburb Insights for Bright 3741

Market Insights
Bright Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Bright Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.