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3-11 Coronation Avenue, Bright$1.15m
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3-11 Coronation Avenue

Bright, VIC 3741, Australia
$1.15m
7196 m²

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About this property

A rare opportunity to secure a substantial landholding in a central Bright location. This expansive 7,196m2 parcel is one of the few remaining large allotments so close to town, offering space and flexibility that is becoming increasingly hard to find. With potential for subdivision (STCA), the property presents a great opportunity for developers, investors or those looking to secure a sizeable parcel for the future. Conveniently located close to Bright P-12 College, the hospital and just a short distance from the town centre, the position offers everyday practicality while still providing the space of a large holding. Whether you choose to develop the land or simply secure a rare central allotment, this is a unique opportunity in a tightly held area.

Property Details

Property Type
land
Listing Type
For Sale
Land Area
7196 m²
Listed
3 months ago

Repayment calculator

$5,575/month
$2,788 /fortnight
Loan $920,000 at 6.10% over 30 years

Upfront costs

Deposit$230,000
Stamp duty$63,250
Conveyancing (est.)$2,000
Total upfront$295,250
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 16% above 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)657 m away
  • Beds R Us474 m away
  • Unnamed367 m away
  • Dorry Lester Park508 m away
  • Unnamed624 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.

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Suburb market

Suburb price trend

Bright price trend

Median sold · House 3 bed

Compound growth -2.0% / yr over 4 yrs

$895kcurrent median

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Price history

Price history

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1 price change recorded for this property

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