VIC/
Terang

Suburb Profile

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

house

Property investors have seen a 9.68% 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 $170,000

Profits averaged 2.08% 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 $250 based on current median home prices for the suburb.

The gross rental yield in TERANG, 3264 is 7.65%.

An average of 2.75 real estate transactions take place per month in TERANG which translates to 33 per annum.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $170,000 N/A
GROWTH REPORT
Median Quarterly 9.68% N/A
Median 12 month 6.25% N/A
Median 3 years 6.25% N/A
Median 5 years 8.97% N/A
10 years average annual 1.92% N/A
Weekly media advert. rent $250 N/A
Time on Market 131.6 days N/A
Gross Rental Yield Percent 7.65% N/A
demographics (median values)
Total Population
2256
Weekly Household Income
707.4
Household Size
2.30
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