7/40 Bakers Gully Road, Bright, VIC 3741 | Property Value & History | OnTheHouse
OFF MARKET

7/40 Bakers Gully Road
Bright VIC 3741

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 56m2
Land area: 2540m2
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Property Details for 7/40 Bakers Gully Rd, Bright

7/40 Bakers Gully Rd, Bright is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1990. The property has a land size of 2540m2 and floor size of 56m2. While the property is not currently for sale or for rent, it was last sold in November 2017.

Building Type
Unit
Year Built
1990
Floor Size
56m2
Land Size
2540m2
Local Government
Alpine
Lot/Plan
7/PS538220

Last Listing description (January 2024)

Rarely do 1-bedroom units come on to the market, offering the perfect opportunity to secure yourself a Holiday Let investment in bustling Bright.

Selling fully furnished, this low maintenance, set and forget unit, is the ideal year-round holiday base in beautiful Bright.

This upstairs unit, located within walking distance to Bright town centre, features an open plan layout, new carpet flooring, with neat and compact living.

The kitchenette offers good storage, electric portable oven and microwave, with a lovely elevated view to the gardens outside.

Light and bright, the reverse cycle air conditioning assures year-round comfort.

A generously sized separate bedroom, with BIRs and a ceiling fan, is tucked away to the rear of the unit, serviced by the bathroom containing shower, vanity and toilet.

Affordable and conveniently located, this fabulous unit, in a complex of 7, is nestled amongst 2500m2 of private gardens and has been a holiday let property for many years and proven to perform well.

The communal gardens are spectacular and provide a lovely outlook, as does the spring that runs along the rear of complex. The sound of running water adds to the private ambiance of the outdoor areas.

With a communal BBQ area and new outdoor spa, this affordable investment is not one to be missed.

Book your private inspection today- 57551249

Property History for 7/40 Bakers Gully Rd, Bright, VIC 3741

A timeline of how this property has performed in the market
Last Sold
$205,000
15 Nov 2017
  • 26 Oct 2023
    Listed for Sale Not Disclosed
  • 15 Nov 2017
    Sold for $205,000
  • 30 Oct 2017
    Listed for Sale $210,000
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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, 78 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.