INVESTORS OR FIRST HOME BUYERS
HERE IS THE PERFECT OPPORTUNITY IN THE PERFECT LOCATION FOR A RENOVATION PROJECT TO SUIT THE INVESTOR OR 1ST HOME BUYER. FIRST IMPRESSIONS OF THIS HOME ARE VERY PLEASING FROM THE WEATHERBOARD AND CLADDING EXTERIOR TO THE LOVINGLY ATTENDED GARDEN. THERE ARE 3 BRS (2 WITH BIRS) OFF A CENTRAL PASSAGE AND A LARGE LOUNGE WITH A RC AIR CONDITIONER & OIL HEATER. THE KITCHEN, WHICH WOULD BE PART OF A RENOVATION, DOES HAVE A NEAR NEW STOVE AND THE BATHROOM HAS A BATHSHOWER, TOILET AND VANITY. THE LARGE GLASSED IN PORCH JOINS THE LAUNDRY WHICH HAS A SECOND SHOWER.
BEING A 1036SQM BLOCK THERE ARE PLENTY OF SURPRISES OUT THE BACK INCLUDING HORSE STABLES, A FEED SHED AND STORAGE SHED ALL ATTACHED TO THE 2 BAY GARAGE. TOWARDS THE BACK OF THE BLOCK THERE ARE 2 OPEN HORSE STALLS, A CHOOK HOUSE, DOG PENS AND EXERCISE YARD.
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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