Bright at a glance
2,620
People
$950,000
Median sale
$476/wk
Median rent
2.61%
Suburb gross yield
Median sale from 5 recorded sales (last 24 months) — a Districts calculation.
VIC › Bright › Leader Reef Dr
5
Bedrooms
3
Bathrooms
2
Car spaces
2,018 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
No recorded sale price for this property yet.
Local land rate: recorded House sales in Bright (last 5 years) with land size have a median of $1,118/m² of land (n=6). Districts calculation from recorded sales — not a valuation.
Bright at a glance
2,620
People
$950,000
Median sale
$476/wk
Median rent
2.61%
Suburb gross yield
Median sale from 5 recorded sales (last 24 months) — a Districts calculation.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $476/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownVictoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Bright at a glance
2,620
People
$950,000
Median sale
$476/wk
Median rent
2.61%
Suburb gross yield
Median sale from 5 recorded sales (last 24 months) — a Districts calculation.
Listing material
Listed by Zirky Real EstateBuilt in 2017, every detail, from the multiple indoor & outdoor living zones, to the top of the range fixtures & fittings, has been meticulously planned to create luxurious comfort & livability, with no expense spared.
On entering the grand front door, you are greeted by a wide hallway & high ceiling, instantly giving a feeling of space & luxury. The entry level houses two main living areas. First, taking advantage of the elevation & breath taking North facing views across the valley, is the light filled kitchen/dining/living area. The kitchen features top quality appliances throughout. The stunning porcelain benchtops complement the porcelain butlers sink & bespoke cabinetry. The style & finish continue through the spacious walk in butler's pantry, complete with second dishwasher & sink. The island breakfast bar & dining area complete the space which is cleverly divided from the living area by the impressive self-igniting woodfire to keep you warm on the coldest winter nights. A split system & internet enabled Haiku ceiling fans provide year-round comfort. Wrapped around the NE corner is the first large deck for alfresco dinning. The views from here are truly spectacular!
The second living area AKA 'The Pool Room' is perfect for entertaining, opening out onto the second large deck, with Buschbeck wood fire & BBQ, & in ground solar, swimming pool, with inground roll away cover.
On the same level are two large bedrooms with bespoke BIR & Haiku ceiling fans, a spacious bathroom with shower, freestanding bath & WC, powder room, & the integrated two car garage with fully insulated, internet enabled, roller doors.
Upstairs is the master suite featuring; private balcony, Haiku ceiling fan, huge ensuite with shower, spa bath, double vanity & state of the art Perrin & Rowe tapware, powder room & massive walk though robe with bespoke cabinetry. Two offices, which could also function as 6th & 7th bedroom or nursery, complete the master suite.
The lower level contains a private lockable two bed Annexe with the potential for a self-contained unit, the ideal grandparents retreat, & the laundry & large storage room, which can be accessed from inside & outside. The Annexe includes bathroom, powder room & living room with plenty of space to add a kitchen.
Additional Features:
Wolf 760mm oven
Neff 600m stream oven
Siemens FreeInduction cooktop
Quazair range hood
Liebherr Integrated fridge freezer
Perrin & Rowe, & Brodware tapware
European dbl glazed uPVC windows
Listing description written by Esther Kay, Zirky Real Estate — reproduced as published, not verified by Districts.