With a capital gain of 9.24% for the last 12 months, Bright, 3741 has performed for property investments than its average annual 6.33% property growth over the last 5 years.
Bright,3741 has offered an average of 9.24% return per annum in house price rises to property investors over the last three years.
Vendor discounting in Bright is giving property investors an average Vendor Discount of around -2.95%. This puts suburb at number 545th in VIC when ranking the most discounted suburbs.
On average over the past year, suburb has had 5.17 sales per month, which equates to 62 per year.
Bright, 3741 ranked 320th in VIC when comparing growth in median property values or capital gain over the last 12 months. Bright is one of 2098 in our list for VIC
Over the longer term, Bright has seen property prices show investors a 19.54% return over the last 3 years. This is worse than over the last 12 months
At number 308th of VIC’s most discounted properties, Bright is in the TOP 10% of the state/territory when listing in order of most discounted to least.
Bright, 3741’s gross rental yield is 4.10%