Terang, VIC 3264

Terang, VIC 3264

Compare Part of Corangamite

185.25 km
Distance from CBD
4 k
Population
Median Sale Price
House
-
Updated on Jul 2024
2 BR
-
3 BR
-
4 BR
-
Unit
-
Updated on Jul 2024
1 BR
-
2 BR
-
3 BR
-
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
Year Median Growth Low High # Sales
2009
$172,500
 0.0% $95,000 $350,000 27
2010
$210,000
 +17.9% $70,000 $600,000 36
2011
$178,000
 -18.0% $92,000 $503,000 26
2012
$225,000
 +20.9% $84,500 $370,000 10
2013
$200,000
 -12.5% $85,000 $360,000 32
2014
$195,000
 -2.6% $112,495 $790,000 38
2015
$215,000
 +9.3% $106,000 $465,000 27
2016
$169,000
 -27.2% $60,001 $395,000 27
2017
$225,000
 +24.9% $77,750 $477,000 33
2018
$189,000
 -19.0% $95,000 $387,500 40
2019
$194,000
 +2.6% $95,100 $830,000 41
2020
$255,000
 +23.9% $125,000 $535,000 38
2021
$320,000
 +20.3% $120,000 $725,000 48
2022
$432,000
 +25.9% $270,000 $740,000 37
2023
$385,000
 -12.2% $245,000 $700,000 32
2024
$415,000
 +7.2% $190,500 $770,000 21
Median Sale Price
$405K
Based on 30 recorded sales within the last 12 months
Updated on 28 Sep 2024
Suburb Growth
+4.9%
Current Median Price: $405,000
Previous Median Price: $385,000
Based on 57 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Aug 2024)
Price Range Segments (12 months ending Aug 2024)
Median Weekly Rent Price
House
-
Updated on Jul 2024
2 BR
-
3 BR
-
4 BR
-
Unit
-
Updated on Jul 2024
1 BR
-
2 BR
-
3 BR
-
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
Year Median Growth Low High # Rents
2011
$220
 0.0% $140 $320 13
2012
$220
 0.0% $150 $300 22
2013
$220
 0.0% $130 $345 43
2014
$220
 0.0% $150 $320 45
2015
$230
 +4.3% $150 $400 22
2016
$250
 +8.0% $160 $320 24
2017
$265
 +5.7% $180 $380 22
2018
$230
 -15.2% $170 $370 25
2019
$270
 +14.8% $160 $600 19
2020
$260
 -3.8% $180 $450 7
2021
$330
 +21.2% $270 $380 8
2022
$360
 +8.3% $230 $750 24
2023
$350
 -2.9% $300 $440 12
2024
$370
 +5.4% $300 $420 11
Median Rent Price
$390
per week
Based on 14 recorded rent within the last 12 months
Updated on 28 Sep 2024
Rent Price Growth
+10.3%
Current Median Rent: $390
Previous Median Rent: $350
Based on 32 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+5%
Current Median Price: $405,000
Current Median rent: $390
Based on 44 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Aug 2024)

Auction Results For Terang

Houses sold in Last 12 months ends 21 Sep 2024

$450K

Median Sale Price

67%

Clearance Rate

6/9

Sold/Reported

$560K

Highest Sale Price

Sold Price Range No. of Sold Properties
$400 K - $600 K
(Median Price Range)		 3
less than $400 K 2

Schools closest to Terang, VIC 3264

School name Address Type Sector Distance
St Thomas' School 1 LYONS STTerang 3264 Primary Catholic 0.76 km