Terang at a glance
2,136
People
$396,000
Median sale
$360/wk
Median rent
4.73%
Suburb gross yield
Median sale from 12 recorded sales (last 12 months) — a Districts calculation.
$350,000
Last sold
14 July 2025
3
Bedrooms
1
Bathrooms
2
Car spaces
1,240 m²
Land
Districts View
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$350,000
14 July 2025 · derived via latest_sale
Local land rate: recorded House sales in Terang (last 5 years) with land size have a median of $401/m² of land (n=24). Districts calculation from recorded sales — not a valuation.
Terang at a glance
2,136
People
$396,000
Median sale
$360/wk
Median rent
4.73%
Suburb gross yield
Median sale from 12 recorded sales (last 12 months) — a Districts calculation.
Vs Terang
-11.6%
Median sale
Suburb $396,000
+0.62 pp
Gross yield
Suburb 4.73%
Suburb median $396,000 from 12 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
ZN
Zone
FARMING ZONE - SCHEDULE 1
FZ1
Jurisdiction
Corangamite
Corangamite, VIC
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICZoned FARMING ZONE - SCHEDULE 1 · FZ1 (ZN). Official parcel area about 1,242 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $360/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned FARMING ZONE - SCHEDULE 1 · FZ1 (ZN). Official parcel area about 1,242 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
Nearby development pipeline
UnknownVictoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
KnownmediumOfficial parcel about 1,242 m² — land size can look like optionality. No material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownNo DA adapter returned applications for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Terang at a glance
2,136
People
$396,000
Median sale
$360/wk
Median rent
4.73%
Suburb gross yield
Median sale from 12 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Nutrien Harcourts TimboonFirst home buyers or investors this one is for you.
Nestled in a peaceful neighborhood, this delightful 3-bedroom home that has been recently renovated, offers the perfect blend of comfort, space, and rural charm. Set on a generous 1240 sqm block, the property engages with the rural feel with uncompromised views from the front porch.
Step inside to discover a warm and inviting living room that seamlessly combines comfort with functionality. The open layout is perfect for entertaining guests or enjoying cozy family nights. The 3 well appointed bedrooms offer plenty of natural light whilst the open plan kitchen/dining is ideal for family interaction.
The expansive backyard is a true highlight, perfect for children to play, pets to roam, or for you to unwind in nature. The outdoor space offers endless possibilities for gardening, entertaining, or simply enjoying the tranquility of rural life.
With a well-maintained bathroom and a separate toilet, this home ensures convenience for busy households. The garage/shed provides ample storage and secure parking for your vehicles.
Situated in a friendly neighborhood, you'll enjoy the benefits of a countryside lifestyle while being just a short walk or drive from local amenities, schools, and parks.
Don't miss out on this fantastic opportunity to own a piece of Terang. Whether you're looking for a family home or a peaceful retreat, 127 Black Street has it all. Contact us today to arrange a viewing and see for yourself why this property is the perfect place to call home!
Listing description written by Peter Worden, Nutrien Harcourts Timboon — reproduced as published, not verified by Districts.