3/27 Grey Street, Terang, VIC 3264 | Property Value & History | OnTheHouse
OFF MARKET

3/27 Grey Street
Terang VIC 3264

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 86m2
Land area: 268m2
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Property Details for 3/27 Grey St, Terang

3/27 Grey St, Terang is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 268m2 and floor size of 86m2. While the property is not currently for sale or for rent, it was last sold in October 2022.

Building Type
Unit
Year Built
1980
Floor Size
86m2
Land Size
268m2
Local Government
Corangamite
Lot/Plan
3/RP18357

Last Listing description (December 2022)

Grab your chance to secure this fantastic 2 bedroom brick-veneer unit it the popular Terang.
Centrally located, within 750 metres of the town centre, this unit features:

- 2 bedrooms with built in robes

- Separate lounge with split system
- Kitchen/meals area with 2nd split system
- Bathroom fitted with open shower and mobility aids/handrails (suitable for wheelchair access)
- 2 toilets
- Back porch/undercover verandah area
- Compact backyard with garden shed
- Single lockup garage with remote door
- Separate laundry
- Near new Hot Water System (Nov 2021)

This unit is versatile and offers the luxury of separate living spaces and a 2nd toilet for convenience. The location means easy access to the town centre and its' conveniences, including GPO, the popular Terang Country Bakery, Newsagency, IGA and local shops.
And, the Terang Bowls Club and Public Park are also within a kilometre. A great compact, low maintenance property, with all the conveniences to suit all age buyers. And, in a central location, providing direct access to town conveniences.

Property History for 3/27 Grey St, Terang, VIC 3264

A timeline of how this property has performed in the market
Last Sold
$330,000
04 Oct 2022
Listed for Rent
$195/w
15 Jun 2012
  • 04 Oct 2022
    Sold for $330,000
  • 24 Aug 2022
    Listed for Sale $345,000
  • 09 Jan 2015
    Sold for $147,000
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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 1,373 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.