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

73 Millbank Road
Terara NSW 2540

Bedrooms: 4
Bathrooms: 1
Car spaces: 4
Floor area: 171m2
Land area: 2188m2
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Property Details for 73 Millbank Rd, Terara

73 Millbank Rd, Terara is a 4 bedroom, 1 bathroom House with 4 parking spaces and was built in 1930. The property has a land size of 2188m2 and floor size of 171m2. While the property is not currently for sale or for rent, it was last sold in May 2019.

Building Type
House
Year Built
1930
Floor Size
171m2
Land Size
2188m2
Local Government
Shoalhaven
Lot/Plan
1/DP725989

Last Listing description (May 2019)

Carinya Cottage is a delightful, four-bedroom, two storey, brick residence situated in the quaint dairy farming village of Terara, the very first settlement on the south bank of the Shoalhaven River. The village is steeped in history and is now predominantly dairy orientated.
This small settlement has a collection of picturesque weatherboard and brick cottages. The village has an idyllic rural feel, enjoying quiet and calm surroundings with stunning long-established shady Oaks and Maples.
The cottage, once part of the original historic property known as Terrara House, features four spacious, light filled, white washed bedrooms with quirky closets and many storage areas.The kitchen windows look out to the lush green gardens with ease of access from the two car garage and verandas.

A ground floor bedroom/study features French doors that lead out to verandahs overlooking the 2188 sqm property. Lush green manicured lawns, private hedging, and in-ground swimming pool are perfect for entertaining on those steamy summer evenings. The large level backyard features stunning established magnolias and citrus trees that have been planted to the rear of the block creating the perfect backdrop for a country retreat.
The living area is spacious and open with high ceilings. A slow combustion stove is a focal point of the room, framed by large windows, looking out to the mature deciduous shade trees that shelter Carinya Cottage from the road. Autumn welcomes the cooler nights triggering gorgeous colors and shedding of leaves, allowing warm winter sun.
The Cottage offers serious potential to the astute buyer looking to create income from holiday leasing with many wedding venues in the area, or just as perfect for a delightful, forever family home.
We invite you to inspect and look forward to meeting you.

Property History for 73 Millbank Rd, Terara, NSW 2540

A timeline of how this property has performed in the market
Last Sold
$700,000
23 May 2019
  • 23 May 2019
    Sold for $700,000
  • 05 Nov 2018
    Listed for Sale Contact Agent
  • 19 Apr 2010
    Sold for $600,000
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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 57.91% increase in median value, while Units have seen a 28.40% increase. As at 31 December 2025:

  • The median value for Houses in Terara is $929,400 while the median value for Units is $454,325.
There are currently 2 properties listed for sale, and no properties listed for rent in Terara on OnTheHouse. According to Cotality's data, 7 properties were sold in the past 12 months in Terara.

Suburb Insights for Terara 2540

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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.