20 Spring Dam Road, Terang, VIC 3264 | Property Value & History | OnTheHouse
OFF MARKET

20 Spring Dam Road
Terang VIC 3264

Bedrooms: 3
Bathrooms: 1
Car spaces: 4
Floor area: 135m2
Land area: 20234m2
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Property Details for 20 Spring Dam Rd, Terang

Building Type
Rural
Year Built
1980
Floor Size
135m2
Land Size
20234m2
Local Government
Corangamite
Lot/Plan
1/LP135473

Last Listing description (April 2020)

This brick veneer property is situated on just under 5 acres on the outskirts of Terang. With three generous sized bedrooms, all with built in robes, open plan kitchen and dining space, generous family living with large sun filled windows. With a split system in the living area and electric heater, tank and bore water to the property. In addition to a 4 car garage with two remote garage doors for simplicity and convenience.

A new 25,000L tank has been installed with the original tank to assist with overflow. The property has 3 larger paddocks, with two water troughs. There is also an established stable with power and water attached, compete with saddling bay and wash station.

There is plenty on offer at Spring Dam Road. This property is priced to sell and inspections are welcome.

Property History for 20 Spring Dam Rd, Terang, VIC 3264

A timeline of how this property has performed in the market
Last Sold
$420,000
17 Mar 2020
  • 17 Mar 2020
    Sold for $420,000
  • 18 Feb 2020
    Listed for Sale Contact Agent
  • 13 Aug 2012
    Listed for Sale $400,000.00
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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.