1 Murnane Street, Terang, VIC 3264 | Property Value & History | OnTheHouse
OFF MARKET

1 Murnane Street
Terang VIC 3264

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 121m2
Land area: 1146m2
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Last updated 29 Jun 2026
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Property Details for 1 Murnane St, Terang

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.

Building Type
House
Floor Size
121m2
Land Size
1146m2
Local Government
Corangamite
Lot/Plan
2/LP216168

Last Listing description (June 2026)

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.

Property History for 1 Murnane St, Terang, VIC 3264

A timeline of how this property has performed in the market
Last Sold
$175,000
17 Jan 2018
Listed for Rent
$260/w
19 Mar 2018
  • 29 Jun 2026
    Sold
  • 10 Jun 2026
    Listed for Sale $385,000 - $410,000
  • 06 Mar 2018
    Listed for Rent - Price not available
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About Terang 3264

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:

  • The median value for Houses in Terang is $376,276 while the median value for Units is $397,046.
  • Houses have a median rent of $388 while Units have a median rent of $240.
There are currently 9 properties listed for sale, and 1 property listed for rent in Terang on OnTheHouse. According to Cotality's data, 50 properties were sold in the past 12 months in Terang.

Suburb Insights for Terang 3264

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.