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5/16 Park Street, Bright$615,000
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For Saleapartment

5/16 Park Street

Bright, VIC 3741, Australia
$615,000
2 bed 1 bath 1 car125 m²

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About this property

Centrally located in Park Street, within 400m from Bright's town centre, this 2 storey brick veneer unit presents a fantastic rental investment opportunity for either permanent or short term occupancy. Set in a complex of 5, this neat & tidy Unit comprises 2 double sized bedrooms on the upper level, both of which contain BIR's & an outlook to the surrounding mountains, with the ground floor consisting of a functional kitchen & dining space, living room, bathroom & laundry. Outside features a fully enclosed rear courtyard & undercover outdoor entertaining zone, garden shedding plus a single carport attached. Currently Tenanted.

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
2
Bathrooms
1
Parking
1
Land Area
125 m²
Listed
3 months ago

Repayment calculator

$2,981/month
$1,491 /fortnight
Loan $492,000 at 6.10% over 30 years

Upfront costs

Deposit$123,000
Stamp duty$31,970
Conveyancing (est.)$2,000
Total upfront$156,970
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 2-bedroom apartment in Bright, VIC 3741 sits within reach of public transport, local shops and nearby schools. It is listed 38% below the $995,000 median of 84 comparable apartmentswithin 5 km.

Schools near Bright

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

What's nearby

  • Bright - Alpine Hotel (bus)608 m away
  • Beds R Us432 m away
  • Unnamed530 m away
  • Unnamed543 m away
  • Unnamed651 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 2 bed

$840kcurrent median

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