5 Ewing StreetTerang VIC 3264
Property Details for 5 Ewing St, Terang
5 Ewing St, Terang is a 3 bedroom, 2 bathroom House with 1 parking spaces. The property has a land size of 1210m2. While the property is not currently for sale or for rent, it was last sold in July 2025. There are other 3 bedroom House sold in Terang in the last 12 months.
Last Listing description (July 2025)
Calling investors or those wanting a central building block in an established residential location.
This 3-bedroom, 2-bathroom residence, currently divided into two flats, presents a strong investment opportunity. While it may require some TLC, it offers a solid rental return of $510 per week, making it an attractive option for first-time investors seeking to enter the market, or seasoned investors looking to add to their portfolio.
Alternatively, you can consider removing the existing dwellings to develop a prime building block in a well-established street. Situated on a level 1,210m² allotment, there is ample space to build your dream home along with custom shedding (STCA). The added benefit of rear lane access further enhances the property's potential.
Positioned in a great, central location close to schools, sporting facilities and the main retail shopping precinct of Terang - not often does a property present with such options!
The township of Terang really does offer the best of both worlds - the opportunity to enjoy an inviting, relaxed rural lifestyle whilst only being 30 minutes from the bustling regional city of Warrnambool.
Auction: Saturday, 19th July at 11:00am onsite (unless sold prior).
Property History for 5 Ewing St, Terang, VIC 3264
- 21 Jul 2025Sold for $330,000
- 18 Jun 2025Listed for Sale Auction
- 16 Nov 2023Listed for Rent $250 / week
Recent sales nearby
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0About 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 1,373 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:
- 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.
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