107 Grey Street, Terang, VIC 3264 | House for sale | OnTheHouse
FOR SALE

107 Grey Street
Terang VIC 3264

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 93m2
Land area: 1019m2
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Victorian Charm - Oozing Potential

Full of traditional charm and offering exciting potential, this Victorian-era home has options a plenty. Set on a sizeable corner block with convenient front and rear access offering subdivision potential (STCA).
The north-facing front verandah is a standout feature, capturing spectacular northerly views towards Mount Noorat. Inside, the home retains a range of period details, including dado paneling, traditional front and internal doors, decorative pelmet boxes and picture rails throughout the front hallway, bedrooms and living areas. Two fireplaces with overhead mantelpieces add further character and provide a glimpse into the home's history.
The floorplan comprises two bedrooms, a comfortable lounge room with carpet, and a compact kitchen fitted with an electric oven and cooktop. The lounge room is equipped with both an electric air conditioner and gas heating, while the bathroom includes a bath and single vanity. A separate toilet and laundry with an additional shower provide practical convenience.
At the rear, a spacious mudroom leads to the undercover back porch and generously sized backyard, offering plenty of room to enjoy the outdoors or explore further landscaping possibilities. A mature cypress hedge provides added privacy from the roadside.
Vehicle accommodation and storage are well catered for with a recently installed garage, featuring front and rear roller-door access, a concrete slab and a large fresh water tank, all installed approximately two years ago. The electric hot water system was also installed around the same time.
With its sizeable corner allotment, appealing period features and spectacular views towards Mount Noorat, this property presents an excellent opportunity for renovators, first-home buyers or investors looking to add their own touch and unlock its potential in the welcoming township of Terang.

Property Details for 107 Grey St, Terang

107 Grey St, Terang is a 2 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 1019m2 and floor size of 93m2. The place is currently for sale with Ray White Camperdown.

Building Type
House
Floor Size
93m2
Land Size
1019m2
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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 1,385 properties. Over the last 5 years, Houses in Terang have seen a 42.81% increase in median value, while Units have seen a 33.24% increase. As at 30 September 2026:

  • The median value for Houses in Terang is $398,725 while the median value for Units is $396,613.
  • Houses have a median rent of $395 while Units have a median rent of $240.
There are currently 10 properties listed for sale, and 1 property listed for rent in Terang on OnTheHouse. According to Cotality's data, 49 properties were sold in the past 12 months in Terang.

Suburb Insights for Terang 3264

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Davina Pickles
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Paula Regan
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Ray White Camperdown
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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.