If you compare the increase in value of investment property in Terang, 3264 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this VIC suburb was -23.08%.
Comparing Terang,3264 ‘s 5year and quarterly average capital gain offered to property investors, it performed better across the longer period
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.87% offered to property buyers. Sellers in Terang itself are offering an average vendor discount of -9.87% to real estate investors.
At number 3472 in a list of fastest selling suburbs, Terang is in the bottom 10% of suburbs in Australia with an average of days on market 134.71 for properties listed there.
Using the current median advertised rental of $250 and the average annual increase in value of a median property of 0.83%, investors should hope to achieve an overall return of 8.39%