119 Grey Street
Terang, 3264 VIC
House on a 771 m² block with 15m frontage.
Property Snapshot
House2 Bed2 Bath1 Off Street771 m² Land15m Frontage
Investment Highlights
What makes 119 Grey Street compelling from a buying and value-add perspective.
Market Status
Off Market
Land Size
771 m²
Frontage
15m
Zoning
GRZ1
Residential - Medium Density
Why Buyers Look At This One
Walkable transport position — approx. 18km to bus, 859m to train station and 2km to schools.
Neighbourhood quality — strong owner occupier setting with low-turnover character housing nearby.
Property Snapshot
Core facts, planning controls and ownership history.
Bedrooms
2
Bathrooms
2
Parking
1 off-street
Internal Area
—
Ownership & Value
Last Sold$456k
Sold DateFeb 2026
Land Value—
RPD2\LP205052
Planning & Site
Property TypeResidential
AccessSingle Access
Height Limit—
Max Storeys—
Wide FrontageResidential
Pricing & Valuation
Guide, estimate and broader pricing context.
Market Status
Off Market
2 Bed Median
$360k
Growth Since 2026
—
Price Estimate
$388kLow
$456k
$524kHigh
VeryHigh Confidence
—
Since last sold — $456,000 — February 2026
Suburb 2 bed house median price over time
Rental Market
Yield, rental pricing and local leasing landscape.
Median Rent
$330
2 Bed Yield
4.8%
Vacancy
0.5%
Rentals Last 12M
0
Suburb 2 bed house median rent over time
Planning & Risk Overlays
Important due diligence considerations for this property.
Flood Overlay Detected
No flooding known in this area
Other Overlays
Bushfire: BPA - Bushfire Prone Area. Heritage: Aboriginal Cultural Heritage Sensitivity. Biodiversity: No biodiversity known in this area.
Location & Connectivity
Access to transport, schools and local amenity around 119 Grey Street.
Train Station
859m
Bus Stop
18km
Schools
2km
Road Type
residential
Transport: Easy access to nearby train station and frequent bus routes.
Lifestyle: Walking distance to local shops, parks and nearby dining precincts.
Positioning: Quiet residential street with strong owner occupier presence and limited turnover.
Neighbourhood Profile
Proximity to amenities and local context impacting livability.
Social Housing
2.9%Train Station
859mBus Stop
18kmCentre Zone
1.5kmRoad Type
residential (Low Noise)School Catchment
2kmTerang Snapshot
Broader suburb metrics that support the local story.
Population
2,254
Owner Occupiers
74%
Social Housing
2.9%
Crime Index
—
Not available
High Owner Occupier AppealLow Stock on MarketLow Vacancy
Explore Terang in more detail
Deep dive into growth, demand, demographics and comparable sales.
View Suburb Profile
