4/101 High St, Terang is a 4 bedroom, 1 bathroom Townhouse and was built in 1950. The property has a land size of 1131m2 and floor size of 148m2. While the property is not currently for sale or for rent, it was last sold in July 2018.
Live the 'high' life with this slice of Terang's history combined with space, size, and trendy practical living. The entire upstairs of the old triple-brick construction bank is a 4 bedroom apartment that used to be the bank manager's residence. The shower actually apparently used to be the bank's safe! There have been many renovations done, including the kitchen and bathroom area which has a spa. Then there's the fabulous North facing alfresco area overlooking the main street and the treed avenue that would satisfy the serious entertainer's desires. Within walking distance to the golf course, bowling club, walking tracks and quality gymnasium, this is the perfect property for the professional couple, investor, lifestyle change or active retirees. There is ample parking at the rear.
Situated just 30 minutes from Warrnambool and with the convenience of daily services of the Melbourne to Warrnambool train, everything is within a day trip.
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 1,374 properties. Over the last 5 years, Houses in Terang have seen a 48.03% increase in median value, while Units have seen a 62.87% increase. As at 28 February 2026:
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