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
4
Bedrooms
2
Bathrooms
6
Car spaces
1,945.17 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 Dickens Real Estate BrightWhether this is for your everyday family home or a luxurious holiday base, you need to sit up and take note of this stunning offering at 15 Leader Reef Drive.
Situated at the end of the court, with crown land and the start of the Huggins Lookout walking trail behind you and no direct neighbours on your northern or western boundaries, you will enjoy a sense of space rarely afforded in such a central location.
At 3 years of age the property surrounds are starting to mature nicely and will offer you the opportunity to move in and enjoy, knowing that all the landscaping, plantings and hard work is behind you, its now just time to relax.
Architecturally designed by Ross Beaver of Sunjoule design, the home has been thoughtfully constructed to maximise its solar passive orientation, has enormous amounts of glazing (double glazing of course) for both the view and winter warmth, polished concrete throughout the entire home; allowing for a fabulous heat sink over winter, whilst offering the hard wearing practicality for families and a great look at the same time.
There is a separate casual lounge for a quiet spot to study, have a read or just gaze out from and take in the views of Apex and Mount Porepunkah, as well as the large open plan living space that opens out to the north and also providing direct access to the undercover entertaining space on the rear side of the home.
Kitchen by Wilco Cabinets with a gorgeous slab of Redgum adorning the island bench, walk-in pantry, dishwasher, electric cooking and ample storage for a family.
4 bedrooms – the king sized master has a walk through robe and ensuite with large walk-in shower and separate toilet. Whilst all kids bedrooms comfortably take double beds, have built-in robes, tv points and ceiling fans.
Fully fitted laundry, family bathroom with bath, shower, vanity and separate toilet (always very practical for everyday living), slow combustion heater in the lounge with ducted transfer units sharing that warmth throughout the home, "nobo" electric panel heaters throughout, a 6.5KW solar panel system feeding back to the grid and double carport are just some of the further features the home will provide.
Outside you will have a separate 4 bay shed/man cave, chook pen and vegie patch, rainwater tanks plumbed to outside taps, the shed and also some points within the home. From this awesome location you are only a few minutes easy walk to the school, day care and the centre of town.
Listing description written by The Sales Team, Dickens Real Estate Bright — reproduced as published, not verified by Districts.