4/38 Mckinnon St, Terang is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1985. The property has a land size of 257m2 and floor size of 98m2. While the property is not currently for sale or for rent, it was last sold in April 2012.
Outstanding Unit - Outstanding value price!
A golden opportunity presents to purchase this immaculate 2 bedroom unit located within one of the most desirable and tightly held unit developments in town.
This spacious and well appointed home has been recently renovated to include a modern kitchen fitted with new cabinetry & benchtops; electric wall oven; ceramic cooktop; rangehood and dishwasher. The L shaped open plan living space features a generous dining area and comfortable lounge with reverse cycle inverter system. Both bedrooms feature built in robes and the attractive, updated bathroom is equipped with a separate shower; bath and vanity.
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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