Residentially zoned and situated directly across from Terang Hospital, this expansive 5,142m (approx.) parcel of land provides an excellent opportunity to build the home (STCA) you've always envisioned while enjoying the convenience of being located within a vibrant country township. Situated well back off the street and offering a peaceful, private setting, the block is accessed via a small driveway that could be gated for further security. With the CBD and local schools just a short walk away, you'll enjoy both tranquility and convenience. Terang is a thriving country township situated on the Princes Highway serviced by the train line from Melbourne through to Warrnambool with a shopping centre, hospital, health clinic, aged care facilities, P-12 school, 18-hole golf course, lawn bowls, football and cricket club and much, much more. Seize the rare opportunity to own this exceptional parcel of land and turn your vision into reality!
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 47.40% increase in median value, while Units have seen a 62.51% increase. As at 31 March 2026:
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