106 High StreetTerang VIC 3264
Property Details for 106 High St, Terang
Last Listing description (June 2023)
Situated on approx. 1297 square metres in the main street and high exposure shopping precinct of Terang, this property opens itself to many uses. Options include using the property for your own business or leasing it out as an investment.
The building area is approx. 400m2 and consists of front and rear roller door access, multiple offices, front counter/service area, lunch room, toilets and large workshop areas with 3 phase power. There is access to the bitumen paved yard and high clearance 4 bay open shed at the rear, via a shared laneway.
Commercial property in this location doesn't come up often, so call now to arrange your inspection.
Property History for 106 High St, Terang, VIC 3264
- 23 Apr 2023Sold for $357,500
- 17 Jan 2023Listed for Sale $350,000
- 26 Jul 1993Sold for $54,000
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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.
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