VIC has seen average median house prices change by 11.95% which means that Terang, 3264 has done well for property investors by showing a capital gain of 44.04% over the last year
If we look at median property appreciation over just the last three months, Terang has given property investors a paper return of 16.81%. This puts Suburb as 28 on a list of fastest fasting appreciating suburbs in VIC
The most recent median price for Terang is $278000, with sellers offering an average of -6.18% off the asking price.
The VIC suburb of Terang, 3264 is in the Corangamite (S) local government area.
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Terang, VIC – Peaceful but well connected
Median house price: $191,950
Three-year growth: 25.9%
Rental yield: 7.3%
Although being a relaxed town that is removed from the bustling capital of Melbourne, Terang offers a wide range of activities that have wide appeal.
Immediate access to a main motorway allows residents to remain connected to work opportunities and amenities that are available in the greater region. While most shopping can be done in the local town, which has a grocery store, the suburbs of Camperdown and Cobden provide further options. Terang also has its own medical centre and school.
The scenic Mt. Noorat Volcano Walk can be experienced nearby, which provides sweeping views, and the suburb is part of the handful of stops that comprise the tourist acclaimed Great Ocean Road Drive.