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

1 Mcwilliam Street
Terang VIC 3264

Bedrooms: 7
Bathrooms: 2
Car spaces: 4
Floor area: 562m2
Land area: 30521m2
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Property Details for 1 Mcwilliam St, Terang

1 Mcwilliam St, Terang is a 7 bedroom, 2 bathroom House with 4 parking spaces and was built in 1878. The property has a land size of 30521m2 and floor size of 562m2. While the property is not currently for sale or for rent, it was last sold in January 2014.

Building Type
House
Year Built
1878
Floor Size
562m2
Land Size
30521m2
Local Government
Corangamite
Lot/Plan
5/PS508375

Last Listing description (February 2014)

On a private, elevated residential allotment and surrounded by the most
amazing garden is this fully restored, 7 bedroom early Victorian residence.
Offering exquisite original period features, renovated kitchen and bathrooms,

formal lounge and separate dining, family room - complete with
hydronic heating throughout.
A sweeping ornate veranda, private courtyard and fully established maze
provide for a mix of entertainment and social occasions.
Excellent shedding, including double garage/carport and disused dairy.
Substantial rain water storage and town supply.

Summary: Located only 30 minutes to Warrnambool, 2 hours Melbourne CBD is this magnificent historic property, offering not only great family living,
but with the potential to capitalise on future subdivision and business
opportunities (STCA).

Property History for 1 Mcwilliam St, Terang, VIC 3264

A timeline of how this property has performed in the market
Last Sold
$790,000
29 Jan 2014
  • 29 Jan 2014
    Sold for $790,000
  • 01 Nov 2013
    Listed for Sale $780,000 - $850,000
  • 06 Oct 2003
    Sold for $40,000
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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 1,372 properties. Over the last 5 years, Houses in Terang have seen a 64.78% increase in median value, while Units have seen a 69.16% increase. As at 30 November 2025:

  • The median value for Houses in Terang is $400,384 while the median value for Units is $365,255.
  • Houses have a median rent of $400 while Units have a median rent of $240.
There are currently 11 properties listed for sale, and 1 property listed for rent in Terang on OnTheHouse. According to Cotality's data, 45 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.