107 Grey Street, Terang, Vic 3264

$320,000

House
Type
2
Bedrooms
1
Bathrooms
1
Parkings
1,019 m²
Area

Published on Wednesday, October 14, 2026 ( See property details for 107 Grey Street, Terang, Vic 3264)

$320,000

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A charming Victorian-era home on a large corner block in Terang, offering spectacular views, period features, and development potential.

🏡 Property Highlights

  • Spectacular northerly views towards Mount Noorat from the front verandah
  • Sizeable corner block with subdivision potential (STCA)
  • Rich period features including dado paneling, picture rails, and decorative pelmet boxes
  • Recently installed garage with front and rear roller-door access
  • Generous backyard with outdoor space for landscaping or recreation
  • Character-filled Victorian-era home with original charm

✨ Key Features

  • Built-in Robes
  • Open-Plan Living
  • Outdoor Area
  • Garage
  • Water tank
  • Fireplace
  • Electric oven and cooktop
  • Electric air conditioning
  • Gas heating
  • Undercover outdoor area
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107 Grey Street
Terang, VIC 3264
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Vertical aerial view — 107 Grey Street
107 Grey Street — Vertical Aerial  •  Terang, VIC 3264  •  Nearmap © 2026

Terang is a welcoming township renowned for its rich history and community spirit. It offers a peaceful rural lifestyle with easy access to local amenities, schools, and parks. The area boasts scenic views, including Mount Noorat, and presents excellent opportunities for future development. Its friendly atmosphere makes it ideal for families, retirees, and investors seeking a charming country lifestyle with potential for growth.

What are the potential uses for the subdivision opportunity (STCA)?
The sizeable corner block offers potential for subdivision subject to council approval, which could allow for additional housing or development opportunities.
What period features are retained in the home?
The home features dado paneling, decorative pelmet boxes, picture rails, and original front and internal doors, adding to its historic charm.
Is there scope for renovation or extension?
Yes, the property’s large size and character features make it ideal for renovation, extension, or landscaping to enhance its appeal and functionality.
What are the main utilities and systems installed?
The property includes an electric hot water system, electric oven and cooktop, electric air conditioning, and gas heating, all recently installed.
What outdoor features does the property offer?
The property has a spacious backyard, an undercover back porch, mature cypress hedge for privacy, and a large water tank for outdoor use.
Are there any restrictions or covenants associated with the subdivision potential (STCA)? Has the property been inspected for any structural issues or asbestos, given its age? Are there any planned developments or zoning changes in the area that could affect the property’s value? What are the council rates and any additional costs associated with the large corner block? Is there any history of flooding or bushfire risk in this area? Are there any easements or encumbrances on the property that could impact future development? What is the condition of the existing period features and are there any ongoing maintenance requirements? Are there any restrictions on the use of the water tank or other utilities? Is the property compliant with current building codes and safety standards? Are there any nearby construction or planning activities that could cause noise or disruption?

107 Grey Street, Terang, Vic 3264 - More Details

$320,000

Full of traditional charm and offering exciting potential, this Victorian-era home has options a plenty. Set on a sizeable corner block with convenient front and rear access offering subdivision potential (STCA).

The north-facing front verandah is a standout feature, capturing spectacular northerly views towards Mount Noorat. Inside, the home retains a range of period details, including dado paneling, traditional front and internal doors, decorative pelmet boxes and picture rails throughout the front hallway, bedrooms and living areas. Two fireplaces with overhead mantelpieces add further character and provide a glimpse into the home's history.

The floorplan comprises two bedrooms, a comfortable lounge room with carpet, and a compact kitchen fitted with an electric oven and cooktop. The lounge room is equipped with both an electric air conditioner and gas heating, while the bathroom includes a bath and single vanity. A separate toilet and laundry with an additional shower provide practical convenience.

At the rear, a spacious mudroom leads to the undercover back porch and generously sized backyard, offering plenty of room to enjoy the outdoors or explore further landscaping possibilities. A mature cypress hedge provides added privacy from the roadside.

Vehicle accommodation and storage are well catered for with a recently installed garage, featuring front and rear roller-door access, a concrete slab and a large fresh water tank, all installed approximately two years ago. The electric hot water system was also installed around the same time.

With its sizeable corner allotment, appealing period features and spectacular views towards Mount Noorat, this property presents an excellent opportunity for renovators, first-home buyers or investors looking to add their own touch and unlock its potential in the welcoming township of Terang.
Type
House
Bedrooms
2
Bathrooms
1
Parkings
1
Area
1,019 m²
House Size
93 m²

Price guide

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Inspections times

  • Inspection Sat 17 Oct 10:40 am

    Saturday 17 October
    10:40 am - 11:00 am
Thank you for submitting your reminder request.

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