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.
4
Bedrooms
2
Bathrooms
2
Car spaces
2,044 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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Terang (last 5 years) with land size have a median of $396/m² of land (n=25). 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.
Planning
Planning scheme
ZN
Zone
GENERAL RESIDENTIAL ZONE - SCHEDULE 1
GRZ1
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 GENERAL RESIDENTIAL ZONE - SCHEDULE 1 · GRZ1 (ZN). Official parcel area about 2,027 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 GENERAL RESIDENTIAL ZONE - SCHEDULE 1 · GRZ1 (ZN). Official parcel area about 2,027 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 2,027 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 Homeseeka Real EstateThis beautiful home charms with its street presence, established cottage garden and rustic post and rail fence. Sitting on an incredible half an acre (approx.) block within the boundaries of Terang and within walking distance to the CBD, this property will appeal to the most discerning buyer. It is undoubtedly a perfect floor plan for a busy family who desires space for their growing family or a buyer who needs shedding to house equipment. Central to the home is a massive kitchen featuring a 900mm freestanding stove and gas cook top, perfect for the aspiring home cook. An island bench spans the length of a wall of overhead and under the bench cupboard; with so many storage options plus a walk-in pantry, the kitchen is well equipped for family life. Adjacent to the kitchen is the dining room, with a peaceful outlook over the alfresco area. Two lounge rooms allow everyone in the home to spread their wings, and ceiling heights of 2400mm high make the home feel open and bright. Zoned for privacy, the master wing is complete with a generously proportioned bedroom, walk-in robe and en suite and there is a large study with built-in cabinetry, ideal for working at home. With the comfort of both a wood heater and a split system, you will be comfortable year round. There are three additional bedrooms, two with walk-in closets, accompanied by a spacious family bathroom. An undercover rear alfresco plus a front patio extends the home's living space and creates a wonderful place to relax with company at the end of the day. Outside the home, a four bay shed with rear access from the side street, concrete floor and extra high sliding doors serves as an excellent space for storing leisure vehicles. Terang is a vibrant country township situated on the Princes Highway serviced by the train line from Melbourne through to Warrnambool with a shopping centre, hospital, health clinic, aged care facilities, P-12 school, 18-hole golf course, lawn bowls, football, cricket club and much more. Don't hesitate; enquire today and embrace the rural lifestyle you've always dreamed of in a vibrant country township!
Listing description written by Daryl Kenna, Homeseeka Real Estate — reproduced as published, not verified by Districts.