AREA REPORTS

Terang

VIC/
Terang

Suburb Profile

Terang - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3264

house

Property investors have seen a 0% gain in TERANG based on an increase in median home prices for the past three months.

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 $175,000

Profits averaged -5.22% 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 7.43%.

An average of 3.92 real estate transactions take place per month in TERANG which translates to 47 per annum.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $175,000 N/A
GROWTH REPORT
Median Quarterly 0% N/A
Median 12 month -2.51% N/A
Median 3 years -15.66% N/A
Median 5 years 14.19% N/A
10 years average annual 1.81% N/A
Weekly media advert. rent $250 N/A
Time on Market 104.2 days N/A
Gross Rental Yield Percent 7.43% N/A
demographics (median values)
Total Population
2256
Weekly Household Income
707.4
Household Size
2.30
demographics
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type

Subscribe to get the latest news and updates

Airbnb application

Fresh tax crackdown captures short-term rental platforms

The Treasury has announced a consultation period on how tax is collected for various sharing economy services, which includes Airbnb, over c...

Bill Shorten

Negative gearing proposal cops more backlash following Shorten’s comments

The head of a property industry body has responded to comments made by Opposition leader Bill Shorten that Labor’s negative gearing policy...

Darwin Australia

Unpopular capital city set for strong 2019

Property in a previously unpopular capital city is showing signals indicating stronger growth, with one real estate network seeing private i...

For rent signage

Is rentvesting the right choice to get on the property ladder?

Rentvesting, as the phenomenon is known, is the act of buying an investment property while you rent your current residence. This may be the ...

Two houses

Buying a home vs buying an investment property, according to a property valuer

Property valuer, investment adviser, market commentator and author Anna Porter identifies several drivers that differentiate a home purchase...

Renovation

‘Sexy’ reno options for cashed-up tenants

Renters's expectations evolve over time, and renovations for an investment property should work to create a higher asking price from potenti...