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AREA REPORTS

Terang

Suburb Profile

Terang - FREE SUBURB PROFILE REPORT

POSTAL CODE: VIC,3264

house

Property investors have seen a 3.68% 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 $197,000

Profits averaged 4.2% per annum over a 3-year period, due to an upward trend in home prices in TERANG, 3264.

This means, real estate investors could earn a rental income of $300 based on current median home prices for the suburb.

The gross rental yield in TERANG, 3264 is 7.92%.

An average of 3.25 real estate transactions take place per month in TERANG which translates to 39 per annum.

Data report can be found below

KEY PROPERTY DATA REPORT	HOUSE	UNIT
Median Price	$197,000	N/A
GROWTH REPORT
Median Quarterly	3.68%	N/A
Median 12 month	-5.97%	N/A
Median 3 years	12.6%	N/A
Median 5 years	-4.14%	N/A
10 years average annual	2.12%	N/A
Weekly media advert. rent	$300	N/A
Time on Market	67.1 days	N/A
Gross Rental Yield Percent	7.92%	N/A

demographics (median values)

Total Population

2256

Weekly Household Income

707.4

Household Size

2.30

demographics

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Top 10 Birth Countries

Dwelling Structures

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mortgage
calculators

Having your finances in order is essential to any successful investment. Use our calculators below to help plan your investment strategy and maximise your investment potential.

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Apollo Bay

48.63%
Millers Point

47.61%
Boston

47.58%
East Bairnsdale

47.54%
Mathoura

46.21%
Tomakin

45.97%
Zeehan

45.81%
Grenfell

45.45%
Toorak

45.27%
Balwyn

44.92%

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Terang

Suburb Profile