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 -12.11%.
While Terang,3264 ranked number 45th in VIC for increase in median house value (annualised) increase, it is ranked 581th over the last 5 years.
LACK OF BUYER INTEREST may well be the reason that Terang is offering property investors an average of -5.80. This rate of discount on properties puts Suburb at number 46th in terms of most discounted suburbs in VIC
Advertised rents are around the $250 mark per week – giving a return of 7.78% based on the median price in Suburb