QP SUBURB BRIEF
VIC overview · postcode 3741.
KEY FACTS FIRST, DETAILS BELOW

Bright at a glance, before the advanced view.

This page now starts with the practical questions ordinary users ask first: is the suburb expensive, what does rent look like, how big is it, what is nearby, and what should you do next.

Bright is in Alpine LGA, VIC, postcode 3741, with population 2,620.

MEDIAN HOUSE
$1.0M
-5.5% YoY
MEDIAN RENT
$425/wk
Market rent signal
POPULATION
2,620
3K local footprint
SCHOOLS
1
Avg ICSEA 1054
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CURRENT STATUS
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QUICK READ
3741
SUBURB VERDICT

There are enough stretched or weaker signals here that you should assume trade-offs rather than a clean story. Use compare mode to see whether the downside is price, local quality, or weaker momentum before treating it as a target suburb.

JOBS SIGNAL

The local employment base leans toward accommodation & food and retail trade. Local taxable income moved +6.2% year-on-year in the latest ATO series. VIC employment is up +0.9% year-on-year (+33K jobs) and +13.9% over five years in the official NERO dataset. Read this as a broader state jobs backdrop combined with local employment mix, not a suburb-only new-jobs count.

INFRASTRUCTURE PIPELINE

VIC has 45 Commonwealth-backed major projects under construction, 17 underway, and 27 in planning as at 2024-10-02. This suburb also matches 2 local transport stops or stations, which adds nearby access context but does not prove direct project exposure. Read this as a state delivery backdrop, not a suburb-specific project list.

LIVEABILITY READ

Bright is a smaller suburb in Victoria within the Alpine local government area (postcode 3741). With a population of 2,620, the suburb has a mature demographic with a median age of 49. Households earn a median income of $70K per year, with an average household size of 2.2 people. VIC employment has moved +0.9% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. VIC also had 45 Commonwealth-backed major projects under construction, 17 underway, and 27 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, managers, technicians & trades. Employment in the area leans toward accommodation & food and retail trade. The top ancestries reported are English, Australian, Scottish.

DATA CONFIDENCE

This suburb mixes release datasets, Census data, and matched local services. Use the data status block before treating every metric as equally fresh.

SOURCE & FRESHNESS

QuickProperty mixes release files, Census baselines, and matched local services on this page. Read the status panel before treating every metric as equally fresh.

PRICE POSTURE
Manual release files still matter here.

Manual release files parsed into suburb prices

RENT POSTURE
Rent is using a state market dataset when available.

Use current rent as a starting signal, not as a fixed underwriting truth.

SERVICE POSTURE
Service coverage is matched locally, not inferred nationally.

Schools, transport, and hospitals are useful as presence signals, but they still have different source cadences.

DATA STATUS
Property prices
VIC Property Sales Report · 2024 · Manual release refresh
fragile source · automated · every update · annual
Available
Market rent
Homes Victoria / state rent dataset · Dec 2023 · State market dataset
medium stability · manual file · conditional refresh · quarterly
Available
Crime
VIC Crime Statistics Agency · Year ending Dec 2025 · Area-level release dataset
medium stability · mixed acquisition · mixed refresh · mixed
Available
Schools
ACARA 2025 · 1 schools matched
medium stability · manual file · snapshot · annual
Available
Hospitals
AIHW · 1 hospitals matched
medium stability · manual file · snapshot · mixed
Available
Transport
GTFS feeds · 2 matched stops/stations
medium stability · manual file · snapshot · mixed
Available
Population growth
ABS ERP · No linked annual population growth series
medium stability · mixed acquisition · mixed refresh · mixed
Missing
Building approvals
ABS Building Approvals · No linked approvals series
medium stability · mixed acquisition · mixed refresh · mixed
Missing
Available means a direct local dataset is linked. Verify means coverage exists but freshness or precision is weaker, such as Census rent fallback or low-confidence hospital matching.
EVIDENCE DEPTH
STRONG EVIDENCE

Bright has enough direct local evidence for a first-pass decision.

Direct signals include Property prices, Market rent, Crime, and Schools. Missing or weaker areas are still shown so the page does not overstate precision.

NEXT STEP

Use compare to test the suburb against another candidate, then validate financial assumptions in the calculator where available.

DIRECT
6

Property prices, Market rent, Crime, Schools

VERIFY
0

No fallback or lower-precision signals flagged.

MISSING
2

Population growth, Building approvals

DECISION INTELLIGENCE
LIVABILITY-LED

Bright currently reads as a livability-led candidate.

Higher SEIFA context supports a stronger local-quality read. Gross yield looks low for an income-first use case.

RECOMMENDED NEXT STEP

Compare it against a contrasting suburb before turning it into a decision.

WHY IT FITS

Higher SEIFA context supports a stronger local-quality read.

WHAT TO CHECK

Gross yield looks low for an income-first use case.

DECISIVE GAPS

No decisive evidence gap was detected from the current inputs.

COMPARE STATUS

Compare-ready

WHY PEOPLE LOOK HERE
  • Buyers want a quick sense of price, schools, and neighbourhood scale before getting lost in data.
  • Investors want to know whether rent, yield, and affordability broadly support the suburb story.
  • Researchers want one place that ties property, demographics, transport, and services together.
LOCAL SIGNALS
Schools: 1 matched, including Bright P-12 College.
Crime: 4,197 per 100k at the Alpine LGA level.
Transport: 2 matched stops/stations across local feeds.
FAQ
What is the median house price in Bright? +
The current median house price in Bright, VIC is $1.0M, based on the latest available sales data from state Valuers General offices and ABS Data by Region.
What is the typical weekly rent in Bright? +
The median weekly rent in Bright is $425/wk, based on the current market rent dataset.
Is Bright a good investment? +
QuickProperty's investment signals for Bright show: Low Yield, Near Median, Stretched. These are computed from price, rent, income, and population data — not an opaque score.
Where does QuickProperty get its data for Bright? +
Property prices come from state Valuers General offices and ABS Data by Region. Demographics are from ABS Census 2021. School ICSEA scores are from ACARA. Crime statistics are from state police agencies. Transport data is sourced from GTFS feeds.
How often is the Bright data updated? +
Property prices update quarterly. RBA macro indicators update with each deploy. Demographics are from Census 2021. School ICSEA scores are from ACARA 2025.
ADVANCED VIEW

Full data detail for Bright

The detailed view stays here for deeper inspection. If you want the complete charts, profile tables, data-status panel, and related suburb browsing, this is still the advanced mode.

Bright VIC

Postcode 3741 · Alpine LGA

Bright is a smaller suburb in Victoria within the Alpine local government area (postcode 3741). With a population of 2,620, the suburb has a mature demographic with a median age of 49. Households earn a median income of $70K per year, with an average household size of 2.2 people. VIC employment has moved +0.9% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. VIC also had 45 Commonwealth-backed major projects under construction, 17 underway, and 27 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, managers, technicians & trades. Employment in the area leans toward accommodation & food and retail trade. The top ancestries reported are English, Australian, Scottish.

The median house price in Bright is $1.0 million, having declined 5.5% over the past year. Units have a median price of $610,000 (-4.1% YoY). The current median weekly rent is $425. This gives a gross rental yield of approximately 2.1%. The median monthly mortgage repayment is $1,638.

Bright is served by 1 school, including 1 combined. The average ICSEA score is 1054, which is above the national average of 1,000. Public transport access includes 2 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Alpine LGA is moderate at 4,197 incidents per 100,000 population.

From an investment perspective, Bright offers a gross rental yield of 2.1%, rated as low yield. Property prices are near the state median ($1.0M/$875K). The price-to-income ratio of 14.8x is considered stretched. House prices have moved -5.5% year-on-year.

INVESTMENT SIGNALS
Rental Yield2.1% Low Yield
Price vs State$1.0M/$875K Near Median
Affordability14.8x Stretched
Price Momentum-5.5% Falling
INCOME (ATO 2022-23)
Median Income$45,328
Mean Income$58,619
Earners6,042
YoY Change+6.2%
SEIFA INDEX (ABS)
Advantage7/10
Education8/10
Economic4/10
Disadvantage7/10
MEDIAN HOUSE
$1.0M
-5.5% YoY
MEDIAN UNIT
$610K
-4.1% YoY
MEDIAN RENT /WK
$300
POPULATION
2,620
DEMOGRAPHICS
Median Age49
Household Size2.2
HH Income /wk$1,352
Personal Income /wk$774
Mortgage /mth$1,638
CRIME (Alpine LGA)
Crime Rate (per 100k)4,197
Total Incidents555
TRANSPORT
Bus Stops2
SCHOOLS (1)
Avg ICSEA1054
Total Students514
Government1
Bright P-12 CollegeCombined · Government · ICSEA 1054
HOSPITALS (1)
Alpine Health [Bright]public
DATA STATUS
Property prices
VIC Property Sales Report · 2024 · Release dataset
Available
Market rent
State rent dataset · Dec 2023 · Market dataset
Available
Crime
VIC Crime Statistics Agency · Year ending Dec 2025 · LGA-level dataset
Available
Schools
ACARA 2025 · 1 schools matched
Available
Hospitals
AIHW · 1 hospitals matched
Available
Transport
GTFS · Stop-level feed
Available
Population growth
ABS ERP
Missing
Building approvals
ABS Building Approvals
Missing
Available means a local dataset is present. Verify means coverage exists but location confidence is limited.
Data: 2024