Bright is in the bottom 20% in VIC when comparing median price capital growth over the last year. Bright gave property investors a dismal capital gain figure when compared to the rest of the state, with -0.64%.
The five-year average increase in median property values for Bright,3741 has given property investors a potential capital gain of 16.42% across each of those five years.
Vendor discounting in Bright is giving property investors an average Vendor Discount of around -3.91%. This puts suburb at number 509th in VIC when ranking the most discounted suburbs.
Property investors who have had real estate in Bright, 3741 should be unhappy with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -9.27%
While Bright,3741 ranked number 283th in VIC for increase in median house value (annualised) increase, it is ranked 174th over the last 5 years.
Bright3741 is located in VIC which offers an average discount of -5.12% to property investors. Bright itself is showing figures that indicate -4.67% is the average achievable by property buyers investing in the suburb.
Bright, 3741’s gross rental yield is 3.83%