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VIC › Bright › Harpers Ln

25 Harpers Ln, Bright VIC 3741

For saleRural Property for Sale

$4,500,000

For sale

Asking

9

Bedrooms

5

Bathrooms

6

Car spaces

291,373.662 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $4,500,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $4,500,000(Listing record · 14 May 2026)
  • FactLand 291,374 m²; no building size recorded.(Property record)
  • CalculationAsk is 374% above the Bright median recorded sale ($950,000, n=5, last 24 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Bright's advertised median rent ($476/wk), implied gross yield would be 0.55% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

The ask against the evidence

Asking

$4,500,000

Asking · $15/m² of land

No recorded sale for this property.

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.

See the full Bright report →

Vs Bright

+373.7%

Median sale

Suburb $950,000

-2.06 pp

Gross yield

Suburb 2.61%

Suburb median $950,000 from 5 recorded sales (last 24 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$4,500,000
Stamp Duty (Victoria)
$272,500
Transfer/Registration Fee
$3,614
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$4,779,814

$279,814 on top of the price (6.2% extra)

  • Stamp Duty (Victoria)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Pre-filled with Bright's advertised median rent — not a rent for this listing.

Net yield
-0.95%
Annual cashflow (pre-tax)
$-276,748
Interest cover (DSCR)
-0.18
Annual rent
$24,752
Operating expenses
$67,500
Loan amount
$3,600,000
Annual interest
$234,000
Gross yield
0.55%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listed$4,500,000available13 May 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 0.6%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Bright in one glance

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.

See the full Bright report →

Keep researching

  • Why Bright? Read the area thesis →
  • What else is on the market in Bright →
  • Other records on Harpers Ln →

Listing material

Listed by Dickens Real Estate Bright

One of the Valley's Most Exceptional Lifestyle Holdings

Set across 72 acres, with an additional 7 acres under lease, 25 Harpers Lane presents a rare opportunity to secure a true alpine lifestyle property just 6km from Bright's main street.

Private, peaceful and framed by breathtaking valley views, rolling hills and expansive alpine skies, the property offers a genuine sense of escape while remaining moments from Bright's year-round attractions.

At the heart of the property is a spacious four-bedroom owner's residence, designed for comfortable family living. Recently renovated bathrooms and laundry, a large verandah and sweeping outlooks create a warm and inviting home base, immersed in the surrounding landscape.

Read the full description

Set amongst lush farmland, the property also features two modern off-grid farm stays, thoughtfully positioned to capture uninterrupted views of Mt Buffalo, Mt Hotham and Mt Feathertop. These purpose built accommodations provide a memorable modern country escape with minimal upkeep for owners.

'Rosie's Rest' offers 1.5 bedrooms, a bathroom, Euro laundry, carport and a generous outdoor area, while 'Saddler's Stay' includes two bedrooms, a bathroom, Euro laundry, a larger outdoor living space and carport. Since launching in June 2023, the accommodation has enjoyed consistent bookings from guests seeking a peaceful regional getaway and interaction with farm animals.

Further enhancing the opportunity, shire-endorsed plans and an approved planning permit are already in place for a third accommodation dwelling. Designed as a three-bedroom, two-bathroom residence with accessibility in mind, this presents a clear pathway to expand the existing offering and increase income potential.

The land itself is equally impressive, divided into eight well-fenced paddocks with quality stockyards and improved pastures. An established hazelnut orchard of approximately 600 trees adds character and productivity, while donkeys and pygmy goats, which form part of the accommodation experience, are included in the sale.

Extensive infrastructure supports both lifestyle and agricultural use, including a hay shed, machinery shed, two workshops, and a bungalow attached to the workshed complete with its own amenities, wood fire and gas connection.

Operating entirely off grid, the property is powered by a substantial solar system supported by two backup generators, delivering independence, efficiency and sustainability.

This is a property that seamlessly combines lifestyle, income and long-term potential - all within easy reach of Bright.

Listing description written by The Sales Team, Dickens Real Estate Bright — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.