Suburb Profile
Terang - FREE SUBURB PROFILE REPORT POSTAL CODE: VIC,3264
Property investors have seen a -6.61% drop in TERANG based on a decrease in median home prices for the past three months.
Homeowners and real estate investors betting on TERANG, 3264 can rest assured about this VIC suburb's performance. The suburb saw median home prices rise by 20%.
Based on its average 5-year and quarterly capital gains TERANG, 3264 saw average growth in the long term.
The VIC suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $180,000
Profits averaged -2.56% per annum over a 3-year period, due to an downward trend in home prices in TERANG, 3264.
This means, real estate investors could earn a rental income of $250 based on current median home prices for the suburb.
The gross rental yield in TERANG, 3264 is 7.22%.
An average of 3 real estate transactions take place per month in TERANG which translates to 36 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $180,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -6.61% | N/A |
| Median 12 month | 20% | N/A |
| Median 3 years | -7.69% | N/A |
| Median 5 years | 16.13% | N/A |
| 10 years average annual | 2.74% | N/A |
| Weekly media advert. rent | $250 | N/A |
| Time on Market | 151.1 days | N/A |
| Gross Rental Yield Percent | 7.22% | N/A |
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