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2-4/11 Park Street, Bright$560,000
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2-4/11 Park Street

Bright, VIC 3741, Australia
$560,000
419 m²

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Listing description

About this property

Nestled in a private, north facing enclave of brand-new homes, these exceptional allotments offer the perfect balance of convenience and lifestyle. Just a short walk to the township of Bright, you'll enjoy easy access to cafes, shops, and the vibrant local community. Families will love the proximity to Bright P12 College and kindergarten, making morning routines a breeze. Surrounded by breathtaking mountain views, these flat, ready-to-build blocks provide the ideal canvas for your dream home. Imagine living in a serene yet central location, with the best of Bright right on your doorstep. Available Lots: Lot 2 362sqm | $560,000 Lot 3 419sqm | $585,000 Lot 4 416sqm | $585,000 Secure your slice of Bright today and start planning your future in this highly sought-after location.

Property Details

Property Type
land
Listing Type
For Sale
Land Area
419 m²
Listed
3 months ago

Repayment calculator

$2,715/month
$1,357 /fortnight
Loan $448,000 at 6.10% over 30 years

Upfront costs

Deposit$112,000
Stamp duty$28,670
Conveyancing (est.)$2,000
Total upfront$142,670
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Bright

This land in Bright, VIC 3741 sits within reach of public transport, local shops and nearby schools. It is listed 44% below the $995,000 median of 84 comparable landswithin 5 km.

Schools near Bright

  • Bright P-12 Collegecombined · Prep-12 · CoEd

What's nearby

  • Bright - Alpine Hotel (bus)409 m away
  • Beds R Us229 m away
  • Unnamed368 m away
  • Unnamed461 m away
  • Apex Park529 m away

Bright at a glance

Full suburb profile
Population
2,620
Median age
49
Household income
$1,352/wk
Median rent
$300/wk
Median mortgage
$1,638/mo

Source: ABS Census.

Due diligence

Property Report

Future Development

Complete

Bright is experiencing steady low-density residential and tourism-driven development pressure as a regional alpine town with growing holiday home demand and local lifestyle appeal. Development activity is concentrated on township expansion, heritage precinct activation, and rural residential releases on surrounding slopes, supported by essential infrastructure upgrades to water and sewerage services. Council is balancing growth with preservation of the town's character and natural amenity.

Nearby projects

5

Closest

0.2 km

Main Street Streetscape and Heritage Precinct Upgrade

1.3km2.5km3.8km5kmMain Street Streetscape and Heritage Precinct Upgrade — 0.2 kmRegional Water and Sewerage Infrastructure Upgrade — 0.5 kmBright Township Residential Growth Area — 1.5 kmTourist Accommodation and Holiday Rental Complex — 2.0 kmRural Residential Land Release - Alpine Slopes — 3.0 km

Distance from this property is exact (rings = km). Direction is illustrative.

Main Street Streetscape and Heritage Precinct Upgrade

0.2 km
InfrastructureUnder construction

Streetscape renewal project focused on Bright's heritage town centre, including improved pedestrian access, public spaces and tourism infrastructure.

2024

200 m

Regional Water and Sewerage Infrastructure Upgrade

0.5 km
InfrastructureUnder construction

Shire infrastructure project to upgrade water supply and sewerage capacity to support approved residential growth precincts.

2024

500 m

Bright Township Residential Growth Area

1.5 km
Residential subdivisionApproved

Multi-stage residential subdivision on the outskirts of Bright township to accommodate regional population growth and holiday home demand.

2026

1.5 km

Tourist Accommodation and Holiday Rental Complex

2 km
Mixed-useApproved

Mixed-use development combining short-stay holiday accommodation with hospitality facilities to support the region's tourism economy.

2025

2.0 km

Rural Residential Land Release - Alpine Slopes

3 km
Residential subdivisionProposed

Proposed rural residential estate on the alpine slopes targeting lifestyle and investment buyers seeking larger acreage blocks near Bright.

2025

3.0 km
Source: StMate AI — VIC development trends06/05/2026
Disclaimer: This report combines data from Australian Government open data portals (CC-BY 4.0) and StMate AI. For non-NSW properties some sections (zoning, flood, bushfire, development, heritage) are AI-generated based on publicly known suburb characteristics — always verify with the relevant council or authority before making decisions. This report does not constitute legal, financial, or planning advice.

Suburb market

Suburb price trend

Bright price trend

Median sold · House 3 bed

Compound growth -2.0% / yr over 4 yrs

$895kcurrent median

Suburb-wide medians from sold listings — a guide to the area, not this specific property.

Full Bright market

This listing

Price history

Price history

Listing price changes

1 price change recorded for this property

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Within 5km

Nearby Properties

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