7 Millbank Rd, Terara is a 2 bedroom, 1 bathroom House with 4 parking spaces and was built in 1907. The property has a land size of 1416m2 and floor size of 80m2. While the property is not currently for sale or for rent, it was last sold in September 2025. There are other 2 bedroom House sold in Terara in the last 12 months.
As Rare as Hens Teeth!
With a letter from council confirming you can rebuild on this fantastic site has just made this an extremely appealing property, with 1416m2 of very beautiful & level land and a lovely 2 bedroom home. Build the home of your dreams and enjoy this picturesque, heritage village let your kids walk to school just down the road, enjoy the country air whilst been oh so close to town.
Features separate (temporary) guest accommodation and large work sheds
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 37.23% increase in median value, while Units have seen a 27.98% increase. As at 31 March 2026:
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