Investment property in Terang has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -23.26%
Terang,3264 was ranked 3171 in Australia by increase in median property value over the quarter.
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.04% offered to property buyers. Sellers in Terang itself are offering an average vendor discount of -9.84% to real estate investors.
Often selling an investment property can take time, and in Terang the average time real estate has been on the market is 134.15 days.