5 Grey St, Terang is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 2017. The property has a land size of 889m2 and floor size of 158m2. While the property is not currently for sale or for rent, it was last sold in December 2024.
Now and then, a home that is a true treasure hits the market and stirs the imagination of a buyer with a sense of potential. Unchanged, this home is a time capsule into a past era, showcasing original elements and presents as a rare opportunity for a buyer looking for a property to enhance and update. The classic bull nose verandah makes an immediate impression, and as you step inside, you'll find an array of original details: vintage wallpapers, traditional mantels, delicate lead lighting, timber-lined walls, and high ceilings-all hallmarks of an enduring, timeless home. The traditional, wide central entranceway guides you through to the kitchen, two living areas and the bathroom at the rear, and, all up, there are three generously sized bedrooms with built-in robes. Set on a substantial block of 995m2 (approx.), there's ample room at the back for future extensions (STCA). Located one block from Terang's main street, you'll have easy access to cafes, shops, pubs, and more. This is a home that is best experienced in person to truly appreciate its individual characteristics, it is ready for a revival with some love from a buyer keen to roll up their sleeves and bring new life to this timeless beauty. Terang is a thriving country township situated on the Princes Highway serviced by the train line from Melbourne through to Warrnambool with a shopping centre, hospital, health clinic, aged care facilities, P-12 school, 18-hole golf course, lawn bowls, football and cricket club and much, much more.
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:
N/A
N/A
View TrendN/A
N/A
N/A
N/A
View TrendN/A
N/A
© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.
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.