174 Millbank RoadTerara NSW 2540
Property Details for 174 Millbank Rd, Terara
Last Listing description (May 2016)
'Terara Park' complex is located at 174 Millbank Road Terara via Nowra NSW 2541. The Complex consist of a 3 bedroom brick veneer home approx, 35 years old, the home offers a family room & lounge room offering a wood fire & rustic timber floors. The master bedroom with walk in robe & ensuite offers access to the front veranda, provides a great place to enjoy a morning cuppa.
A open plan renovated kitchen with wall oven, gas cook top, island bench & dishwasher, is located off the meals area.
The elevated main home offers views of neighbouring Terara farmland & the 'Terara Park' complex.
The property offers a total of 50 paddocks all with water access, are spread across the complex, 13 of these have stables. A covered powered arena 40m X 12m, round yard, feed sheds along with additional outdoor entertaining bbq & additional amenities building. A dam with jetty provides a reversible irrigation supply throughout the complex, & 150,000 ltrs tank water capacity onsite is serviced by 3 pumps. The property is approved as a function & wedding centre.
Property History for 174 Millbank Rd, Terara, NSW 2540
- 19 Aug 2025Sold for $3,080,000
- 18 Dec 2015Listed for Sale $2,200,000
- 12 Feb 2008Listed for Sale Not Disclosed
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0About Terara 2540
The size of Terara is approximately 8.9 square kilometres. It has 3 parks covering nearly 0.7% of total area. The population of Terara in 2016 was 234 people. By 2021 the population was 305 showing a population growth of 30.3% in the area during that time. The predominant age group in Terara is 70-79 years. Households in Terara are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Terara work in a trades occupation.In 2021, 72.30% of the homes in Terara were owner-occupied compared with 73.70% in 2016.
Terara has 206 properties. Over the last 5 years, Houses in Terara have seen a 50.35% increase in median value, while Units have seen a 27.88% increase. As at 31 January 2026:
- The median value for Houses in Terara is $895,243 while the median value for Units is $446,575.
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