2 Black Street, Terang, VIC 3264 | Property Value & History | OnTheHouse
 
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2 Black Street
Terang VIC 3264

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 107m2
Land area: 655m2
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Last updated 15 Dec 2025
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Property Details for 2 Black St, Terang

2 Black St, Terang is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1930. The property has a land size of 655m2 and floor size of 107m2. While the property is not currently for sale or for rent, it was last sold in April 2020.

Building Type
House
Year Built
1930
Floor Size
107m2
Land Size
655m2
Local Government
Corangamite
Lot/Plan
1/TP222509

Last Listing description (July 2021)

This eye-catching home is a blank canvas inside. Once an 1850's nursing quarters, the property boasts a sizeable kitchen, large loungeroom with air conditioning and a second living area with an open fire, which could also be used as a third bedroom. There are two other good-sized bedrooms with a built in robe in one. Upon entering, you'll find a spacious hallway and high ceilings.

Outside the double-width shed / carport sits behind a locked gate with new fencing.
The solar panel system has allowed the current vendors to save an exceptional amount on their electricity bills; almost breaking even last quarter! With the addition of a new Midea hot water service, this property provides extraordinary value.

The facade provides excellent street appeal in the fantastic town of Terang. Close to all comforts including dining options, shops, health services, sporting facilities, childcare and schools. Perfect for the retiree, investor or first home buyer. Call today to arrange your private inspection.

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Property History for 2 Black St, Terang, VIC 3264

A timeline of how this property has performed in the market
Last Sold
$180,000
03 Apr 2020
Listed for Rent
$200/w
07 Dec 2015
  • 03 Apr 2020
    Sold for $180,000
  • 21 Mar 2020
    Listed for Sale $184,990
  • 31 Jul 2017
    Sold for $112,000
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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 13 properties listed for sale, and 1 property listed for rent in Terang on OnTheHouse. According to Cotality's data, 40 properties were sold in the past 12 months in Terang.

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© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

Disclaimer
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