40 Burkes RoadTerang VIC 3264
Property Details for 40 Burkes Rd, Terang
40 Burkes Rd, Terang is a 3 bedroom, 1 bathroom House with 4 parking spaces and was built in 1920. The property has a land size of 984m2 and floor size of 116m2. While the property is not currently for sale or for rent, it was last sold in August 2021.
Last Listing description (August 2021)
Located just a couple of minutes walk to the main street, this property has lots to offer! Three generous bedrooms, large living room with wood heater and original fireplace, upgraded kitchen, family bathroom, laundry and separate toilet. The home has many desirable period features including high ceilings, original floor boards under the carpets, wide hallway and an attractive street presence with bull nose verandah at the front. Outside, the walls are durable easy care metal clad Colourbond and there is a very large garage plus double carport and additional shedding. There has been several recent improvements made, including a power upgrade with safety switches and a brand new hot water system installed. This one is ready and waiting for you to bring it back to life with a fresh paint job and new carpets or polishing of the floor boards, being set on a very large block of approximately 984m2, this is a great opportunity!
Property History for 40 Burkes Rd, Terang, VIC 3264
- 03 Aug 2021Sold for $303,000
- 19 Jul 2021Listed for Sale $299,500
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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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