30/30A Grey StreetTerang VIC 3264
Property Details for 30/30a Grey St, Terang
Last Listing description (December 2025)
This spacious 1,679 m2 allotment in the heart of Terang presents a fantastic opportunity for its owner! Whether you envision building a home, developing units, or expanding the existing shed (STCA), the possibilities are plentiful. The current shed occupies the front section of 30 Grey Street, whilst 30a is completely vacant. Conveniently located just two blocks from Terang's central shopping hub, it offers both accessibility and potential. The property consists of two separate titles, offering the flexibility to sell one while retaining the other for development; this makes it an appealing opportunity, particularly for a trades person with the skills to build and maximise its potential. Terang is a thriving country township with a strong community, convenient rail access for public transport, and is just a short 30-minute drive from Warrnambool. Start planning your future!
Property History for 30/30a Grey St, Terang, VIC 3264
- 17 Dec 2025Sold
- 12 Nov 2025Listed for Sale $329,000
- 20 Mar 2025Listed for Sale $360,000
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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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