Terang Suburb ProfileVictoria 3264
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Terang has 1,373 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.
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.
Market Insights
Terang Trends for Houses
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Terang Trends for Units
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Neighbourhood Insights
Age
Population 2254
0-9
9%
10-19
12%
20-29
11%
30-39
9%
40-49
10%
50-59
13%
60-69
16%
70-79
11%
80-89
8%
90-99
1%
Household Structure
Occupancy
Recent Sales in TERANG 3264
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Properties for sale in TERANG 3264
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Last Updated: 07/12/2025
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