1 Murnane St, Terang is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 1146m2 and floor size of 121m2. While the property is not currently for sale or for rent, it was last sold in January 2018.
Set on a generous 1,146sqm allotment, this classic weatherboard home offers space, character and exciting future potential.
Featuring three bedrooms and multiple living areas, the home is perfectly suited to growing families or buyers seeking room to spread out. The spacious floorplan includes a large family living area and a sunken lounge with woodfire heating, creating versatile spaces for both everyday living and entertaining.
Recent updates including fresh paint, new curtains and updated flooring throughout provide a fresh, modern feel while still retaining the homes timeless appeal.
Outside, the expansive backyard offers endless possibilities. Whether you are looking for a huge space for children and pets to enjoy, room for shedding and gardens or exploring future subdivision potential (STCA), this substantial block provides flexibility rarely found in today's market.
A classic home with plenty of character, modern updates and outstanding land size, this one presents an excellent opportunity for families, investors and developers alike.
The size of Terang is approximately 119.2 square kilometres. There are 4 parks, covering nearly 0.5% of the total area. The population of Terang in 2016 was 2288 people. By 2021 the population was 2254 showing a population decline of 1.5% in the area during that time. The predominant age group in Terang is 60-69 years. Households in Terang are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Terang work in a community and personal service occupation.In 2021, 74.20% of the homes in Terang were owner-occupied compared with 72.60% in 2016.
Terang has 1,371 properties. Over the last 5 years, Houses in Terang have seen a 38.41% increase in median value, while Units have seen a 52.90% increase. As at 31 May 2026:
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