27A Millbank Road, Terara, NSW 2540 | Property Value & History | OnTheHouse
OFF MARKET

27A Millbank Road
Terara NSW 2540

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 196m2
Land area: 4813m2
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Property Details for 27a Millbank Rd, Terara

Building Type
Rural
Year Built
1880
Floor Size
196m2
Land Size
4813m2
Local Government
Shoalhaven
Lot/Plan
103/DP1213873

Last Listing description (August 2026)

Set on a sprawling 1.14-acre parcel in the historic village of Terara, The Lodge weaves rich local history through a home that lives with every modern comfort. Originally part of the Millbank estate established by the de Mestre family, who migrated from Martinique in 1836 the property carries genuine heritage significance. The de Mestres first built the grand Millbank House, with The Lodge following around 1865 as a coachman's cottage, home to the local doctor's coachman.Thoughtfully evolved over the years, the residence pairs those 19th-century bones with a striking modern wing, first designed by a renowned local architect in 1985. Vaulted ceilings, exposed brick and floor-to-ceiling glass open the living and dining area to uninterrupted views across the surrounding countryside, framing the paddocks, mature trees and rural backdrop beyond.More recent renovations have added a designer kitchen with premium appliances and stone benchtops, and a spa-like ensuite where a freestanding tub sits beneath expansive windows that draw the idyllic rural outlook indoors. Fresh interior and exterior paint lifts the whole home, while new flooring now flows through the modern wing. These contemporary touches sit comfortably alongside the home's original character soaring ceilings with plaster rosettes, the original timber floors preserved in the older part of the home, bay windows and working fireplaces that lend the interiors real warmth and history.The floorplan offers four generous bedrooms, a cosy sitting room/library and two bathrooms, with the main bedroom enjoying a private dressing room and ensuite. The north-facing modern wing anchors the home's everyday living, its open-plan kitchen, dining and lounge flowing out to decks, courtyards and the meticulously kept gardens.Outdoors, the park-like grounds are a highlight in their own right: majestic mature trees, a productive orchard of mixed fruit trees, vegetable beds, a herb garden and a chook pen, all set within a private, established garden. A double garage with its own toilet and basin is complemented by a substantial studio/home office above ideal for remote work, a creative studio or guest retreat.The property has also enjoyed a strong run as short-stay holiday accommodation, drawing steady bookings thanks to its setting and its proximity to the region's many wedding venues an appealing income option or a ready-made private retreat.Just five minutes from Nowra and a little over ten to Greenwell Point, The Lodge blends rare tranquillity with everyday convenience. Enjoy the lush landscapes, the vibrant local community, and the fresh produce and seafood that define this pocket of the South Coast.Contact Tim McGoldrick today for an exclusive inspection of The Lodge.Disclaimer: All information contained herein has been provided by the vendor and/or third-party sources and is believed to be accurate; however, McGoldrick Estate Agents gives no warranty as to its accuracy and accepts no liability for any errors or omissions. Interested parties should rely on their own enquiries, including with the relevant Council, to verify the information provided.

Property History for 27a Millbank Rd, Terara, NSW 2540

A timeline of how this property has performed in the market
Last Sold
$1,650,000
14 Jan 2021
  • 21 Jul 2026
    Listed for Sale $1,690,000
  • 09 Jun 2025
    Listed for Sale Not Disclosed
  • 05 Mar 2025
    Listed for Sale $1,850,000
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About Terara 2540

The size of Terara is approximately 8.9 square kilometres. There are 3 parks, covering nearly 0.7% of the 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 204 properties. Over the last 5 years, Houses in Terara have seen a 26.54% increase in median value, while Units have seen a 55.29% increase. As at 31 July 2026:

  • The median value for Houses in Terara is $857,451 while the median value for Units is $465,391.
There are currently 1 property listed for sale, and no properties listed for rent in Terara on OnTheHouse. According to Cotality's data, 4 properties were sold in the past 12 months in Terara.

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.