40 Grey Street, Terang, VIC 3264 | Property Value & History | OnTheHouse
OFF MARKET

40 Grey Street
Terang VIC 3264

Bedrooms: 3
Bathrooms: 2
Car spaces: 3
Floor area: 110m2
Land area: 1018m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 22 Dec 2025
Low

High
Save

Property Details for 40 Grey St, Terang

40 Grey St, Terang is a 3 bedroom, 2 bathroom House with 3 parking spaces. The property has a land size of 1018m2 and floor size of 110m2. While the property is not currently for sale or for rent, it was last sold in December 2022.

Building Type
House
Floor Size
110m2
Land Size
1018m2
Local Government
Corangamite
Lot/Plan
17/LP26065

Last Listing description (January 2023)

With plenty of yard space ( approx 1020m2 ) and well cared for gardens this home offers a great starting point to enter the Terang market. Walking distance to the main street, large 3 bay shed with workshop, 2x roller doors and a large single carport. An added bonus of ample concrete parking space. The rear deck, over looking a large north facing backyard is a great place to relax and watch the kids play.

The weatherboard home provides great living spaces with a large, open plan kitchen / dining area with electric cooking, split system, ceiling fan and the charm of a big wood heater. A 2nd split system and ceiling fan in the lounge room for added comfort and a large front window for extra light.

A master bedroom with built in robes, ceiling fan, carpet over timber floor boards and a beautiful bay window with an en-suite. The 2nd bedroom also has built in robes with good storage, ceiling fan and carpet over timber floor boards. A family bathroom has a good size vanity with a spa bath/ shower and a separate toilet, providing 3 toilets in total.

This property has concrete piers for foundations, electric hot water system ( replaced 3-4 years ago ) and solar power. If you're looking for a spacious 2 bedroom home with a ripper yard and great shedding this could be the one!

Property History for 40 Grey St, Terang, VIC 3264

A timeline of how this property has performed in the market
Last Sold
$365,000
21 Dec 2022
  • 21 Dec 2022
    Sold for $365,000
  • 17 Nov 2022
    Listed for Sale $365,000-385,000
  • 16 Dec 2010
    Sold for $215,000
Sign in to see more transactions
Commute Calculator

About 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.
There are currently 11 properties listed for sale, and 1 property listed for rent in Terang on OnTheHouse. According to Cotality's data, 45 properties were sold in the past 12 months in Terang.

Suburb Insights for Terang 3264

Market Insights
Terang Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Terang Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.