5 Murnane StreetTerang VIC 3264
Property Details for 5 Murnane St, Terang
5 Murnane St, Terang is a 2 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 308m2.
Last Listing description (October 2017)
Here is a chance to fill up your investment portfolio! We have three properties, on three separate titles all for sale at the same location. Murnane Street is a quiet and tightly held position in Terang. There are three, two bedroom units available, they can be purchased all as one or individually purchased, the choice is yours. All three are at different points of renovation. The rear unit has been fully renovated, the front one semi renovated and the middle one is in original but comfortable condition. Options are aplenty with this property as it opens up to someone purchasing one to live in themselves all the way up to someone purchasing all three and developing the site. Call now to talk to us about the different options. These opportunities dont come up all that often.
Property History for 5 Murnane St, Terang, VIC 3264
- 20 Oct 2016Listed for Sale $450,000
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 1,372 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.
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