OFF MARKET

6684 Princes Highway
Terang VIC 3264

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Land area: 30810m2
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Property Details for 6684 Princes Hwy, Terang

6684 Princes Hwy, Terang is a 2 bedroom, 1 bathroom House. The property has a land size of 30810m2.

Building Type
House
Land Size
30810m2
Local Government
Corangamite
Lot/Plan
2/TP111306

Last Listing description (September 2023)

An outstanding opportunity to secure a prime parcel of land in the ever popular township of Terang.

Approximately 30,000sqm (7.5 acres) are on offer sectioned into 6 Lots - all primed for subdivision (STCA) and General Residential Zoned.

Ideal for a developer or the astute buyer looking to build their dream home on some land.

Or gradually take your time and potentially sell off a lot at a time to ease into retirement.

Take note of this unique offering. With power and water available it's time to plan your future.

With side road access plus potential rear track access, this provides great functionality to anyone looking to build a house and shed.

Located approximately 2.5 hrs from Melbourne and only 30 minutes to the major regional hub of Warrnambool, Terang has plenty to offer including schools, sporting clubs, supermarkets, hotels, shopping etc.

Secure your future today and make sure to enquire for further information.

Property History for 6684 Princes Hwy, Terang, VIC 3264

A timeline of how this property has performed in the market
  • 23 Jun 2023
    Listed for Sale $650,000 - $700,000

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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 92.24% increase in median value, while Units have seen a 111.73% increase. As at 31 December 2024:

  • The median value for Houses in Terang is $375,711 while the median value for Units is $429,741.
  • Houses have a median rent of $400 while Units have a median rent of $240.
There are currently 8 properties listed for sale, and 3 properties listed for rent in Terang on OnTheHouse. According to CoreLogic's data, 44 properties were sold in the past 12 months in Terang.

Suburb Insights for Terang 3264

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.