5 Lyons StreetTerang VIC 3264
Property Details for 5 Lyons St, Terang
5 Lyons St, Terang is a 3 bedroom, 0 bathroom House with 1 parking spaces and was built in 1940. The property has a land size of 681m2. While the property is not currently for sale or for rent, it was last sold in February 2017.
Last Listing description (October 2026)
Packed with potential and positioned for convenience, this is an opportunity that rewards vision. Settled under the shade of eucalyptus, this unique home is a few minutes walk to the train station. The property, a generous allotment of 674m-offers both space and accessibility. It is peacefully set amongst a neighbourhood of heritage houses and trees. Close by is Terang Public Park walking track, a playground and local library.The early 1950s weatherboard house comprising of two bedrooms and central bathroom catches both morning and evening sun. It is complemented by a pre-existing bungalow with workshop and separate single garage-ideal for additional storage, workspace or future enhancement. A solid base for those ready to renovate and add value, this is a chance to transform, invest or simply secure an affordable foothold in a well-connected location with genuine upside.
Property History for 5 Lyons St, Terang, VIC 3264
- 08 Apr 2026Listed for Sale $300,000
- 01 Feb 2017Sold for $94,000
- 19 Feb 2014Listed for Sale $105,000
Recent sales nearby
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0About Terang 3264
The size of Terang is approximately 119.2 square kilometres. There are 4 parks, covering nearly 0.5% of the 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 1,385 properties. Over the last 5 years, Houses in Terang have seen a 42.81% increase in median value, while Units have seen a 33.24% increase. As at 30 September 2026:
- The median value for Houses in Terang is $398,725 while the median value for Units is $396,613.
- Houses have a median rent of $395 while Units have a median rent of $240.
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