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VIC › Terang › Warrnambool Rd

14 Warrnambool Rd, Terang VIC 3264

For saleHouse

$650,000

For sale

Asking

$520,000

Last sold

19 Dec 2023

4

Bedrooms

1

Bathrooms

4

Car spaces

1,453 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $650,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $650,000(Listing record · 9 Feb 2026)
  • FactLand 1,453 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Terang (last 5 years) with land size: median $401/m² of land (n=24). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)
  • CalculationAsk is 64% above the Terang median recorded sale ($396,000, n=12, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Terang's advertised median rent ($360/wk), implied gross yield would be 2.88% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

The ask against the evidence

Asking

$650,000

Asking · $447/m² of land

Last recorded sale $520,000 (19 Dec 2023).

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.

See the full Terang report →

Vs Terang

+64.1%

Median sale

Suburb $396,000

-1.85 pp

Gross yield

Suburb 4.73%

Suburb median $396,000 from 12 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$650,000
Stamp Duty (Victoria)
$34,070
Transfer/Registration Fee
$1,625
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$689,395

$39,395 on top of the price (6.1% extra)

  • Stamp Duty (Victoria)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Pre-filled with Terang's advertised median rent — not a rent for this listing.

Net yield
1.38%
Annual cashflow (pre-tax)
$-24,830
Interest cover (DSCR)
0.27
Annual rent
$18,720
Operating expenses
$9,750
Loan amount
$520,000
Annual interest
$33,800
Gross yield
2.88%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

202320252026$520k$650k
  • Sold (recorded)
  • Asking price (not a sale)
  1. Listed$650,000available9 Feb 2026
  2. Sold$520,00019 Dec 2023
  3. Listedprice unknowncompleted12 Oct 2023
  4. Listedprice unknowncompleted12 Oct 2023

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Planning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 2.9%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

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.”

Read more

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

What is known for this property

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.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Terang in one glance

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.

See the full Terang report →

Keep researching

  • Why Terang? Read the area thesis →
  • What else is on the market in Terang →
  • Other records on Warrnambool Rd →

Listing material

Listed by Ray White Camperdown

Acorn Manor - Circa 1898

If you're seeking a historical, character filled property with an abundance of appeal, then discover Acorn Manor, built Circa 1898. Rich in history, this residence offers a unique opportunity to secure your very own piece of Terang's heritage.

Nestled in a tightly held and sought-after location and framed by beautifully manicured surrounds, this beautiful residence is the perfect, sophisticated combination of period elegance, seamlessly blended with provincial charm and modern conveniences.

Upon entry, step through the leadlight framed front door and into the grand a central hallway with blackwood lining boards and ornate ceilings.

Read the full description

Offering a versatile configuration; there are 4 large dedicated bedrooms, each with pleasant garden outlooks complimented by a myriad of period features such as the ornate fireplaces and decorative ceilings.

The heart of the home is the magnificent central living room. Unwind in front of the cosy ornate fireplace whilst admiring the beautiful, coffered timber ceiling and feature wall panelling. In the warmer months, open the leadlight adorned French Doors to the verandah and enjoy entertaining guests or simply welcoming the breeze inside.

There's also another adjacent and flexible space; think studio, home-office, 5th bedroom or even a storeroom!

Enter the kitchen through the stunning French Provincial barn door and be inspired! Complete with Westinghouse appliances as well as standout features such as the oversized walk-in pantry, exposed brick chimney and high ceilings with ceiling fan.

Heading toward the rear of the home, a unique feature is the former meat safe room - ideal for storage or a study nook alike. There's also a light filled bathroom with luxurious, quality fittings offering a vanity and shower over the bath.

The rear mudroom with its Harlequin floor leads to a large laundry with additional storage whilst offering a peaceful outlook and access to the rear patio.

Step outside and experience joy - Whether wandering through the thoughtfully designed gardens, relaxing in the shade of the established trees, tending herbs in your very own veggie-patch or enjoying your morning cuppa from the front verandah.

The generous 1,453m2* elevated allotment offers a pleasant outlook over the Golf Course and distant landscape views of the Otway Ranges whilst including generous off-street parking for 4 vehicles and convenient side street access.

This truly is a property to suit any lifestyle. Walk to the train station to enjoy a trip to the city or jump in the car and head straight up the highway to Warrnambool (35 mins*), Camperdown (15 mins*) or spend an afternoon exploring the nearby Great Ocean Road (35 mins*). The township of Terang is located on the Princes Highway and offers a vibrant community with amenities such as healthcare, age-care, shops, schools and sporting facilities.

Whether you're looking for an elegant family home boasting timeless appeal or your own fairy tale abode straight out of the pages of Hansel and Gretel, this stunning and versatile residence will appeal; an inspection is a must to appreciate the potential.

Contact the agent for further details.

*All sizes & distances are approximate only

Listing description written by Davina Pickles, Ray White Camperdown — reproduced as published, not verified by Districts.

Property features

  • Floorboards
  • Study
  • Toilets: 1
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.