1-7 Thomson StreetTerang VIC 3264
Property Details for 1-7 Thomson St, Terang
1-7 Thomson St, Terang is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 1534m2. While the property is not currently for sale or for rent, it was last sold in June 2021.
Last Listing description (March 2021)
Auction Location: 1 - 7 Thomson Street, Terang VIC 3264.
You can't get much closer to town, this superb two or three bedroom townhouse is perfectly located to all Terang has to offer. Terang is a beautiful South West Victorian town, located 2.5 hours drive from Melbourne, 35 minutes to Warrnambool and 35 minutes to Peterborough.
The property is comprised of an entrance hall, open plan kitchen living and dining with stone bench tops, gas and electric cooking, reverse cycle air-conditioning, superb outdoor undercover entertaining area, two bedrooms with walk in robes, bathroom with separate shower, spa bath and WC, study/third bedroom, large laundry and second WC and not to mention the 8m x 8m double lock up garage.
Outside, included on the huge 1,534m2 allotment are two shops and a storage area that are in need of some renovation, however they offer a potential income source.
AUCTION - Saturday 13th March 2021 at 11.00am - On Site
Property History for 1-7 Thomson St, Terang, VIC 3264
- 07 Jun 2021Sold for $625,000
- 24 Feb 2021Listed for Sale Auction
- 09 Dec 2016Transferred
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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 2011 was 2,348 people. By 2016 the population was 2,281 showing a population decline of 2.9% in the area during that time. The predominant age group in Terang is 50-59 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 managers occupation. In 2011, 71.2% of the homes in Terang were owner-occupied compared with 72.6% in 2016.
Terang has 1,353 properties. Over the last 5 years, Houses in Terang have seen a 90.63% increase in median value, while Units have seen a 125.01% increase. As at 31 January 2025:
- The median value for Houses in Terang is $366,675 while the median value for Units is $436,090.
- Houses have a median rent of $400 while Units have a median rent of $240.
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