3/23 Grey Street, Terang, VIC 3264 | Unit for sale | OnTheHouse
 
FOR SALE
$370,000

3/23 Grey Street
Terang VIC 3264

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 326m2
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Low Maintenance Living

This appealing 2 bedroom, 1 bathroom brick veneer home set on a 326m2 block, is the perfect opportunity for first-home buyers, downsizers, or investors alike.
Step inside this well-maintained premises to discover the perfect blend of comfort and low maintenance convenience.
The spacious living zone at the front of the home is a place to unwind or to entertain visitors whilst the adjoining kitchen offers a practical design and includes gas cooking along with ample cupboard space.
New carpet and blinds throughout the living room and bedrooms with floorboards in the kitchen area add a fresh touch and split-system heating and cooling ensures comfort no matter the season.
There's also 2 spacious bedrooms with built in robes, a central bathroom and separate laundry.
Externally there's a single vehicle garage with direct access inside plus a low maintenance yard which is framed by secure fencing.
Currently leased at $350 per week with an excellent renter, this would make a wonderful investment or can also be offered with vacant possession.
Situated in a quietly and friendly neighbourhood, you'll enjoy easy access to local amenities, schools, parks and public transport. Providing a superb opportunity for buyers to secure a wonderful property in a desirable location.
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Property Details for 3/23 Grey St, Terang

3/23 Grey St, Terang is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 326m2. The place is currently for sale with Ray White Camperdown.

Building Type
Unit
Land Size
326m2
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About Terang 3264

The size of Terang is approximately 119.2 square kilometres. It has 4 parks covering nearly 0.5% of 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 1,373 properties. Over the last 5 years, Houses in Terang have seen a 44.80% increase in median value, while Units have seen a 66.56% increase. As at 31 January 2026:

  • The median value for Houses in Terang is $368,673 while the median value for Units is $365,405.
  • Houses have a median rent of $398 while Units have a median rent of $240.
There are currently 11 properties listed for sale, and 2 properties listed for rent in Terang on OnTheHouse. According to Cotality's data, 49 properties were sold in the past 12 months in Terang.

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Davina Pickles
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Ray White Camperdown
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