Moving to Terang VIC 3264
What the official numbers say about living in Terang — before you pack a box.
At a glance
Housing: buy or rent
Budget around $400,000 for a median house (based on 2024 sales). Sale prices moved up about 105% between 2014 and 2024.
Renting? The census median is $225 a week, against a median household income of $1,162 a week.
About 76% of homes are owner-occupied and 21% rented, and the most common dwelling type is the house.
Who you'll be living with
Terang shrank 4% between the 2011 and 2021 censuses (2,348 → 2,254 people).
Around 64% of households are families, averaging 2.2 people per home.
Largest overseas birthplaces: England, New Zealand, Netherlands; most spoken languages besides English: Punjabi, Tagalog, Spanish.
On the ABS advantage scale (SEIFA), Terang scores below the national average (decile 2 of 10).
The commute
The most common way to work is by car (83% of workers), while 11% work from home.
Nearest train station: Terang, 450 m north-west.
Nearest airport: Warrnambool Airport, 41.5 km west.
The Melbourne CBD is roughly 186 km away in a straight line.
Daily life
Mapped locally so far: 3 schools · 1 supermarket · 2 parks — see them all on the Terang profile.
What's actually nearby
Schools: St Thomas' Primary School 450 m · Terang College P-4 Campus 700 m · Terang College 5-12 Campus 1 km
Groceries: Terang Supa IGA 350 m
Parks and reserves: Mary Bradshaw Avenue 200 m · Apex Park 200 m
What you'll see in the garden
Birds recorded around Terang, most often seen first: Australian Magpie · Common Starling · Eurasian Blackbird · House Sparrow · Little Raven · Magpie-lark.
How the neighbours compare
The suburbs nearest to Terang, side by side.
| Suburb | People | Median house | Advantage | Canopy |
|---|---|---|---|---|
| Terang here | 2,254 | $400,000 | 2/10 | 5% |
| Cobden | 1,804 | $355,000 | 2/10 | 7% |
| Mortlake | 1,477 | $354,500 | 2/10 | 2% |
| Camperdown | 3,354 | $429,000 | 3/10 | 4% |
| Timboon | 1,250 | $446,500 | 4/10 | 17% |
| Allansford | 1,410 | $540,000 | 5/10 | 3% |
| Peterborough | 322 | $765,000 | 8/10 | 7% |
Before you move — quick checklist
- Your council will be Corangamite — bins, rates, pets and permits live there.
- You'll vote in the federal electorate of Wannon — update your enrolment address.
- The postcode is 3264 — handy for utility sign-ups and quotes.
- Check street-level details on the full Terang profile (map, streets, amenities, wildlife).
In short
A house in Terang has a median sale price of $400,000 (2024 sales). Renters pay a median $225 a week, and about 21% of homes here are rented.
The population fell 4% between the 2011 and 2021 censuses, from 2,348 people to 2,254. It sits about 186 km from the Melbourne CBD in a straight line, and Terang station is roughly 0.4 km away. Local government is Corangamite council, and the federal seat is Wannon.
Weighing up alternatives?
Nearby guides: Cobden · Mortlake · Camperdown · Timboon · Allansford · Peterborough.
Keep an eye on Terang
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