16 Thomson Street, Terang, VIC 3264 | Property Value & History | OnTheHouse
OFF MARKET

16 Thomson Street
Terang VIC 3264

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 82m2
Land area: 1012m2
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Property Details for 16 Thomson St, Terang

16 Thomson St, Terang is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1940. The property has a land size of 1012m2 and floor size of 82m2. While the property is not currently for sale or for rent, it was last sold in July 2020.

Building Type
House
Year Built
1940
Floor Size
82m2
Land Size
1012m2
Local Government
Corangamite
Lot/Plan
10/LP2759

Last Listing description (October 2019)

Step into this well located and modest cottage and be pleasantly surprised by the current owners' thoughtful restoration. Comprising of 2 bedrooms, the main with a spacious ensuite including bath, a separate lounge or 3rd bedroom with open fire, 2nd Bathroom including laundry and a modern kitchen with stainless steel appliances that maintains part of the home's history with the woodstove still in place and in working order. The kitchen flows into the main living area and opens through two sets of french doors onto a rear decking giving easy access to the rear yard that includes a double garage.
A wraparound veranda with access from the main bedroom and also the main living area has a north-west aspect that captures the winter sun and offers a peaceful outlook over the established garden and tree-lined streetscape.
All set on a spacious 1012sqm block.

Property History for 16 Thomson St, Terang, VIC 3264

A timeline of how this property has performed in the market
Last Sold
$285,000
29 Jul 2020
  • 29 Jul 2020
    Sold for $285,000
  • 27 Jun 2019
    Listed for Sale $289,000
  • 28 Feb 2018
    Sold for $108,500
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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 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 15 properties listed for sale, and 1 property listed for rent in Terang on OnTheHouse. According to Cotality's data, 39 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.