7 Mccrae Street, Terang, VIC 3264 | Property Value & History | OnTheHouse
OFF MARKET

7 Mccrae Street
Terang VIC 3264

Bedrooms: 3
Bathrooms: 1
Car spaces: 4
Floor area: 254m2
Land area: 1610m2
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Property Details for 7 Mccrae St, Terang

7 Mccrae St, Terang is a 3 bedroom, 1 bathroom House with 4 parking spaces and was built in 1935. The property has a land size of 1610m2 and floor size of 254m2. While the property is not currently for sale or for rent, it was last sold in December 2021.

Building Type
House
Year Built
1935
Floor Size
254m2
Land Size
1610m2
Local Government
Corangamite
Lot/Plan
12/LP12516

Last Listing description (December 2015)

This beautifully presented Federation period style home is set amongst attractive established gardens on approx. one acre of land, consisting of two titles and four allotments.
Upon entry you step into a formal living room with pressed metal ceilings, attractive open fire place , large north facing windows and polished timber floorboards.
The living room is adjacent to the large kitchen with ample cupboard space and double electric oven and cook top.

The spacious master bedroom has built in robes and access to a modern semi ensuite with bath/shower and double vanity. The second and third bedrooms are co-joined and accessed from the large rumpus family room. From this area the upstairs, sun filled fourth bedroom or studio is accessed by the spiral stair case. There is in ample storage in the spacious roof cavity.
The undercover entertaining/bbq area compliments the aforementioned family room for those large family and social gatherings.
Externally there is a large 4 car garage/workshop and adjoining carport, weatherboard workshop/bungalow.
This is a most attractive and desirable property to attract the most discerning purchaser.
Inspection strongly recommended.

Property History for 7 Mccrae St, Terang, VIC 3264

A timeline of how this property has performed in the market
Last Sold
$269,000
21 Dec 2021
  • 21 Dec 2021
    Sold for $269,000
  • 11 Jun 2021
    Sold for $620,000
  • 08 Oct 2020
    Sold for $150,000
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About 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.
There are currently 11 properties listed for sale, and 1 property listed for rent in Terang on OnTheHouse. According to Cotality's data, 45 properties were sold in the past 12 months in Terang.

Suburb Insights for Terang 3264

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

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.