7 Millbank Road, Terara, NSW 2540 sold on 10 September 2025 | OnTheHouse
SOLD
Sold on 10 Sep 2025 for $1

7 Millbank Road
Terara NSW 2540

Bedrooms: 2
Bathrooms: 1
Car spaces: 4
Floor area: 80m2
Land area: 1416m2
Save

Property Details for 7 Millbank Rd, Terara

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.

Building Type
House
Year Built
1907
Floor Size
80m2
Land Size
1416m2
Local Government
Shoalhaven
Lot/Plan
1/DP517077

Last Listing description (July 2010)

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

Close to the Shoalhaven River, Nowra CBD & Terara Public School.

Property History for 7 Millbank Rd, Terara, NSW 2540

A timeline of how this property has performed in the market
Last Sold
$1
10 Sep 2025
  • 10 Sep 2025
    Sold for $1
  • 06 Aug 2025
    Sold
  • 22 Jun 2010
    Sold for $290,000
Sign in to see more transactions
Commute Calculator

About 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 75.03% increase in median value, while Units have seen a 41.34% increase. As at 31 October 2025:

  • The median value for Houses in Terara is $975,519 while the median value for Units is $460,655.
There are currently 3 properties listed for sale, and no properties listed for rent in Terara on OnTheHouse. According to Cotality's data, 3 properties were sold in the past 12 months in Terara.

Suburb Insights for Terara 2540

Market Insights
Terara Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Terara Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.