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Investment Property Terang, VIC, 3264

Suburb Snapshot

Terang is a suburb in the Corangamite Region of Victoria. Terang has a population of 2,293 people and 17.57% of its occupants live in rental accommodation. The median listing price for houses is $430,000 and this has changed 3.61% over the past year and changed -0.47% over 2 years.

The median rent in Terang for houses is $400 per week and the median rental yield is 4.83%. Stock on the market for houses/townhouses has changed -7.14% compared to last year and the average time to sell a house/townhouse is 106 days.The median listing price for units is NA and this has changed NA over the past year. The average unit takes NA days to sell and the median rent for a unit in Terang is NA per week, producing a rental yield of NA.

Supply & Demand in Terang, Corangamite

0.08%

Current vacancy rate


1

Rental stock available


2,293

Population


17.57%

Rental population


0.13%

Current vacancy rate


12

Rental stock available


16,053

Population


18.08%

Rental population


0.94%

Current vacancy rate


29,256

Rental stock available


5,926,624

Population


24.77%

Rental population


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Statistical data for Terang, Corangamite

  House Townhouses Units
Median listing price $430,000 NA NA
Median price change - last quarter 0.00% NA NA
Median price change - 1 year 3.61% NA NA
Median price change - 2 years -0.47% NA NA
  House Townhouses Units
Median weekly rent $400 NA NA
Median yield % 4.83% NA NA
Median rent change - 1 year 11.11% NA NA
  House Units
Previous month sales 4 0
Stock on market previous month 13 1
Stock variance vs. last year -7.14% -66.67%
Average days on market 106 NA

Terang investment property listings

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