Bright, located in the Alpine Shire of Victoria, Australia, has become an increasingly attractive area for both homebuyers and real estate investors, particularly due to its stunning natural beauty and growing amenities. The housing market in Bright is characterized by a variety of property types, from charming older homes to modern builds, catering to a range of preferences and budgets. Over recent years, there has been a noticeable uptick in demand, partly driven by people seeking a lifestyle change away from metropolitan centers like Melbourne, which is roughly a 3.5-hour drive away. This demand has contributed to a steady increase in property prices, making it both a promising investment opportunity and a competitive market for buyers. Furthermore, Bright's popularity as a tourist destination, particularly for outdoor enthusiasts interested in hiking, biking, and winter sports, has prompted interest in short-term rental properties as a lucrative investment.
Living in Bright offers a blend of tranquility and community spirit that appeals to both families and retirees. The town is enveloped by the breathtaking landscapes of Victoria's High Country, providing residents with easy access to outdoor activities and scenic vistas throughout the year. Bright maintains a welcoming small-town atmosphere, with local cafes, shops, and community events fostering a strong sense of community. The educational facilities, healthcare services, and proximity to natural attractions contribute to a high quality of life for its residents. Additionally, Bright's climate, with distinct seasons and relatively mild winters, adds to its charm, particularly during the autumn months when the town becomes a tapestry of vibrant fall colors. Overall, Bright offers a unique combination of natural beauty, community engagement, and lifestyle amenities that make it a desirable place to live.
| Median Weekly Rent | $323.33 |
| Median Monthly Mortgage | $1545.17 |
| Median Persons Per bed houseroom | 0.75 |
| Average Household Size | 2.17 |
| Average Age | 49.67 |
| Average Income | $774.00 |
| Average Cars Per Dwelling | 1.68 |
| Average Properties Within 50M | 9 |
| Typical 1 bed house | $341,000 |
| Typical 2 bed house | $670,000 |
| Typical 3 bed house | $788,000 |
| Typical 4 bed house | $2,898,000 |
| Typical 5 bed house | $1,801,000 |
| Typical 6 bed+ house | $2,285,000 |
Housing Stock
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Bright P-12 College
Tawonga Primary School
Wandiligong Primary School
Porepunkah Primary School
(While the above schools are located with the suburb of Bright there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
source: Australian Government Bureau of Meteorology
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