62 Thomson St, Terang is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1950. The property has a land size of 1012m2 and floor size of 141m2. While the property is not currently for sale or for rent, it was last sold in September 2011.
For sale - we have a property that poses fantastic value for someone looking to get into the market and or looking to improve a property to make some quick equity.
62 Thomson Street features three bedrooms, the master is an enormous room with built in robes. There is also a study which is located centrally in the house. The land totals 1,010m2 approx. and as the house is located right up the front of the block, it allows for a large yard at the rear with opportunity to either subdivide (STCA) or build a shed. The property has a wood heater in the lounge as well as functional electric appliances. Polished floorboards throughout most of the home give a warm and inviting feeling. The property is quirky and has some traits that you won't see elsewhere. It is currently tenanted month to month. At this price, it is well and truly worth considering for a wide range of buyers.
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:
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