5 Lyons Street, Terang, VIC, 3264

Perfectly positioned entry level property.

House
Type
3
Bedrooms
1
Parkings

Published on Thursday, April 09, 2026 ( See property details for 5 Lyons Street, Terang, VIC, 3264)

$300,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A charming 1950s weatherboard home on a spacious 674m² block, offering versatile living options and excellent connectivity in Terang.

🏡 Property Highlights

  • Prime location within walking distance to the train station and local amenities
  • Generous 674m² allotment offering ample space and potential
  • Unique weatherboard home with authentic character from the 1950s
  • Additional bungalow with workshop and separate garage for versatile use
  • Peaceful neighbourhood surrounded by heritage houses and mature trees
  • Close proximity to Terang Public Park, walking tracks, playground, and library

✨ Key Features

  • Built-in Robes
  • Garage
  • Open-Plan Living
  • Outdoor Area
  • Secure Parking
  • Single Storey
  • Waterfront / Views
  • Home Office / Study
  • Ensuite
  • Pet-Friendly

Terang is a vibrant, heritage-rich community offering a peaceful lifestyle with easy access to transport, parks, and local amenities. The area boasts mature trees, friendly neighbourhoods, and a strong sense of community. Its well-connected location makes it ideal for families, investors, and those seeking a relaxed yet convenient lifestyle.

What is the condition of the property and its renovation potential?
The property is a solid 1950s weatherboard home with good bones, offering significant potential for renovation and value-adding improvements.
Are there any planning or zoning restrictions I should be aware of?
The property is situated in a well-established neighbourhood with typical zoning for residential use; specific restrictions can be confirmed with local council.
What are the nearby amenities and lifestyle features?
The property is close to Terang Public Park, walking tracks, a playground, the local library, and is within walking distance to the train station, providing excellent lifestyle convenience.
Is there off-street parking available?
Yes, the property includes a separate garage and additional parking options for convenience and security.
What are the future development or upgrade possibilities?
The large allotment and existing bungalow with workshop provide opportunities for extensions, additional dwellings, or other enhancements, subject to council approval.
Are there any hidden costs associated with the property, such as upcoming council rates or maintenance issues? Has the property been inspected for structural issues or pest infestations? Are there any easements, covenants, or zoning restrictions affecting the property? Is the property located in a flood or bushfire-prone area? Are there any planned developments or construction projects nearby that could impact the property’s value or lifestyle?

5 Lyons Street, Terang, VIC, 3264 - More Details

Perfectly positioned entry level property.

Type
House
Bedrooms
3
Parkings
1

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