22 Grey StreetTerang VIC 3264
Property Details for 22 Grey St, Terang
22 Grey St, Terang is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1935. The property has a land size of 666m2 and floor size of 135m2. While the property is not currently for sale or for rent, it was last sold in December 2020.
Last Listing description (December 2020)
What an opportunity for a wide range of buyers out there wanting to buy property only a short walk to the main street. While the existing home has seen better days and will require renovating, how far you want to go is up to you.
The potential to turn this into a beautiful period home is there for someone with vision and know-how. Likewise a savvy investor prepared to do some work will surely benefit from adding this to their portfolio. Alternatively there is an option to knock it down and build a new dwelling or 2 units (STCA), with plans available for the latter.
Featuring 3 good sized bedrooms, pine flooring, high ceilings, plenty of scope for extensions and to modernise inside and out. So close to the main street and with the market on the up, this is your opportunity to buy at entry level prices and enjoy the potential growth in years to come.
Property History for 22 Grey St, Terang, VIC 3264
- 08 Dec 2020Sold for $147,000
- 27 Nov 2020Listed for Sale $143,000
- 08 Apr 2010Sold for $155,000
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0About 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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