76 High StreetTerang VIC 3264
Property Details for 76 High St, Terang
Last Listing description (June 2026)
Located in the main Street of the popular and vibrant town of Terang in Victoria's South-West - on the Princes Highway 212 kilometres south-west of Melbourne and 45 kilometres from Warrnambool, is this entry-level opportunity to purchase a commercial freehold property. Currently the home of Robbo's Country Cuts - the town's only dedicated butcher store - which has a lease in place until late May 2026. At the price of $181,250 - this offers a net return of 8% on the current rental of $14,500, plus the tenant pays outgoings.
Disclaimer:
All prices are quoted exclusive of GST (if applicable). The applicability of GST will depend on the purchasers registration status and the use of the property. Purchasers are advised to seek independent financial or legal advice.
Property History for 76 High St, Terang, VIC 3264
- 05 May 2026Listed for Sale $181,250
- 26 Jun 2025Listed for Sale $170,000
- 16 Oct 2023Sold for $155,000
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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 1,371 properties. Over the last 5 years, Houses in Terang have seen a 38.41% increase in median value, while Units have seen a 52.90% increase. As at 31 May 2026:
- The median value for Houses in Terang is $376,276 while the median value for Units is $397,046.
- Houses have a median rent of $388 while Units have a median rent of $240.
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