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VIC

BRIGHT

Median
$957,500
Avg Score
67
Sales
19
HIGH EDUC. VALUE
Efficiency
$14,291

Positioned within the mid-market sector of the market, Bright has evolved into a locality defined by its distinct property landscape. The suburb currently holds a median house price of $958k.

Lifestyle Profile

As an evolving marketplace, Bright offers a dynamic streetscape. It is industrious and functional, often characterized by post-war architecture that is currently undergoing a wave of renovation.

This is a pragmatic, hardworking community. The residents are a diverse blend of long-term locals and ambitious new entrants, creating an unpretentious and welcoming environment.

The local café culture is the 'canary in the coal mine' for this area. New espresso bars and dining spots are popping up, signaling the gentrification ripple effect that often precedes price growth.

The Demographic Profile

Understanding the resident base is key to understanding the market floor. Local data suggests a median household income of approx $52,733. With a price-to-income ratio significantly above the state average, ownership in Bright often involves significant equity recycling from previous properties. This suggests a resident base with high asset wealth rather than just high income.

Education & Catchments

School catchment zones are a primary driver of long-term property demand. The area is serviced by facilities such as Wandiligong Primary School. For many buyers, the presence of local schooling creates a 'village' feel and ensures consistent demand from young families moving into the area.

From a data perspective, Bright stands out for 'Education Efficiency'. With a Price/ICSEA ratio of $14,291 per point, the suburb offers a statistically attractive entry point for parents prioritizing education relative to property cost.

Market Outlook

Historical capital growth data for Bright is currently under review, but local demand remains a key indicator to watch.

Quick FAQ about Bright:

  • Is Bright expensive? With a median price of $958k, it is considered a mid market market, often attracting buyers seeking balanced living standards.
  • What are the schools like? The catchment for Wandiligong Primary School is a major driver of local demand.

Primary Schools

Wandiligong Primary School

S/T Ratio: 8Profile
80

Porepunkah Primary School

S/T Ratio: 13Profile
71

Bright P-12 College

Local
S/T Ratio: 10Profile
70

Tawonga Primary School

S/T Ratio: 12Profile
44

Secondary / High Schools

Bright P-12 College

Local
S/T Ratio: 10Profile
70

Mount Beauty Secondary College

S/T Ratio: 6Profile
67

Explore Nearby Markets

Local Schools & Maps

Explore primary and secondary schools in the catchment area.

Primary Schools

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Secondary Schools

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DISCLAIMER: GENERAL INFORMATION ONLY.
The data presented on Aussie Housing, including school zones, "Education Efficiency" scores, and median prices, is for general information and research purposes only. While we aim for accuracy, school catchment boundaries are subject to change by state departments and should be verified directly with the individual school before making any purchasing decision.

NO PROFESSIONAL ADVICE: Aussie Housing is not a licensed real estate agent, valuer, or financial advisor. The "Education Efficiency" metric is a proprietary data point and does not constitute a valuation or a recommendation to buy. You should always conduct your own due diligence and consult with a conveyancer, solicitor, or financial planner before acquiring property.

DATA LIMITATIONS: Market data is aggregated from various public sources and may have latency. We do not guarantee the complete accuracy of historical sales data or current boundary lines.


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