12 Murnane StreetTerang VIC 3264
Property Details for 12 Murnane St, Terang
12 Murnane St, Terang is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1980. The property has a land size of 1012m2 and floor size of 151m2. While the property is not currently for sale or for rent, it was last sold in August 2022.
Last Listing description (November 2022)
Take your opportunity to grab hold of this rare, 3 bedroom brick home in a quiet location in popular Terang.
A touch of TLC is required here, but the bones are strong and the floorplan is versatile.
Set on a fantastic block of approx. 1020m2, this property offers:
- 3 good sized bedrooms (all with built in robes)
- Large separate lounge
- Kitchen/meals area
- Separate laundry
- Extensive, enclosed verandah/sunroom area with cosy log fire
- Near new (energy efficient) hot water system
- Large carport with adjoining workshop
This property could be your new home, or be quickly upgraded into a fantastic rental investment, with a potential rental income of $350-$375 per week.
On top of this, there is also the potential to subdivide and prosper (STCA)
Great sized block. Great potential. Great opportunity to secure a true 'value for money' investment.
Property History for 12 Murnane St, Terang, VIC 3264
- 17 Aug 2022Sold for $340,000
- 04 Aug 2022Listed for Sale $340,000
- 01 Oct 1986Sold for $49,500
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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 1,352 properties. Over the last 5 years, Houses in Terang have seen a 96.53% increase in median value, while Units have seen a 56.96% increase. As at 31 October 2024:
- The median value for Houses in Terang is $368,459 while the median value for Units is $369,238.
- Houses have a median rent of $395 while Units have a median rent of $240.
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