Suitable central blocks are in short supply in Terang, and this approx. 1017m2 block is perfect. Located within 2 blocks the Terang shopping centre, it also has northerly views towards Mount Noorat.Power, water, phone and sewer are all available so this block is ready to build on now. the old Sale yard site will soon be developed so this section of Grey Street will be much sort after. Priced to sell, this block should not last long. It is close to the railway station, health services and the shopping centre.
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:
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