93 High Street, Terang, VIC 3264 | Property Value & History | OnTheHouse
 
OFF MARKET

93 High Street
Terang VIC 3264

Bedrooms: -
Bathrooms: -
Car spaces: 3
Land area: 1667m2
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Property Details for 93 High St, Terang

Building Type
Commercial
Land Size
1667m2
Local Government
Corangamite

Last Listing description (September 2023)

A rare opportunity for the astute investor, with 2 dwellings fronting both The Promenade and High Street in Terang's main street.

Currently leased, 17 The promenade offers a 3 bedroom brick home with a large yard, returning $280 per week. Features include a large double carport, woodfire and split system, with its own access from the Promenade. The renter is long term and welcomes the opportunity to further the lease.

With a commanding street frontage and currently leased by NAB, the High Street site gives the opportunity to own a commercial site in a high traffic location.

Currently leased for approx $17,000 per annum, the building offers mezzanine floor storage, male and female bathrooms, 2 separate office spaces and kitchenette.

Currently all on one title, the site appeals to a wide range of buyers from end users to the investor, call to request your interest today.

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Property History for 93 High St, Terang, VIC 3264

A timeline of how this property has performed in the market
Listed for Rent
$230/w
30 Oct 2014
  • 15 Sep 2022
    Listed for Sale $550,000 - $600,000
  • 23 Oct 2014
    Listed for Rent $230 / week
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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.

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Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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