88 Grey St, Terang is a 3 bedroom, 1 bathroom House with 3 parking spaces and was built in 1990. The property has a land size of 1012m2 and floor size of 124m2. While the property is not currently for sale or for rent, it was last sold in July 2019.
Whether your an investor or first home buyer this is a solid investment. This three bedroom brick veneer has a generous timber kitchen with electric upright stove, open plan dining/living with gas ducted heating throughout the home. All bedrooms feature built-in robes and a three piece bathroom with separate toilet is central to all rooms. The single carport is fully enclosed and leads directly into the home and a separate large double brick garage includes a toilet and plenty of space for a workshop, all this set on a large allotment prefect for the first home buyer, investor or a family.
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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