23 Thomson St, Terang is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1925. The property has a land size of 544m2 and floor size of 98m2. While the property is not currently for sale or for rent, it was last sold in September 2021.
Get your foot in the door with this quaint cottage on a fantastic and conveniently located corner allotment.
Set within established gardens and only a short stroll to all Terang has to offer, this 2 bedroom home provides comfortable and low maintenance living. Or should you be a savvy investor, this long-term rental offers you an attractive return. The home is kept comfortable thanks to split system heating/cooling and the functional kitchen is serviced by an electric in-wall oven and cooktop. Outside you have the convenience of a lock-up garage and garden shedding provide ample storage. With its two street frontages, you have convenient access to the property, and given the home's position on the block, there is huge subdivision potential(STCA). In a fast-moving market, this property presents as a fine opportunity to corner the market. Call today to arrange your private inspection.
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:
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