34 Thomson St, Terang is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 1838m2. While the property is not currently for sale or for rent, it was last sold in December 2025. There are other 3 bedroom House sold in Terang in the last 12 months.
Unlock the possibilities with this property which is ready for a transformation! Set on a generous 1,838m2 block this property offers the perfect canvas for those with vision, creativity, and a passion for restoring charm.
There is ample room to renovate and extend (STCA) to create a truly beautiful home, with original features just waiting to be revived, and a large backyard with ample room.
Or you have the option of clearing the block and building your dream home or townhouses (STCA).
In a great position with access to schools, shops and transport, only 2.5 hours from Melbourne in picturesque south west Victoria, you'll enjoy easy access to both Warrnambool and the renowned Great Ocean Road.
Don't miss this rare and affordable opportunity to renovate, rebuild, or redevelop in Terang.
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:
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