OFF MARKET

174 Millbank Road
Terara NSW 2540

Bedrooms: 3
Bathrooms: 5
Car spaces: 2
Land area: 80300m2
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Property Details for 174 Millbank Rd, Terara

174 Millbank Rd, Terara is a 3 bedroom, 5 bathroom House with 2 parking spaces. The property has a land size of 80300m2. While the property is not currently for sale or for rent, it was last sold in March 2005.

Building Type
House
Land Size
80300m2
Local Government
Shoalhaven
Lot/Plan
1/DP877429

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 bottom storey of the main home offers two units complete with bedroom, living, kitchenette & bathroom facilities. Additional accommodation is provided in 'The Bunk House' totally renovated & offers a large bedroom, living area with kitchen, bathroom & cosy wood fire. A large American Barn with additional attached double garage to one side has a mezzanine level at the rear the overlooks one side of the property complete with power plus WC with disabled access.

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.

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Property History for 174 Millbank Rd, Terara, NSW 2540

A timeline of how this property has performed in the market
Last Sold
$800,000
05 Mar 2005
  • 18 Dec 2015
    Listed for Sale $2,200,000
  • 12 Feb 2008
    Listed for Sale Not Disclosed
  • 05 Mar 2005
    Sold for $800,000
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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 2011 was 241 people. By 2016 the population was 217 showing a population decline of 10.0% in the area during that time. The predominant age group in Terara is 60-69 years. Households in Terara are primarily childless couples and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Terara work in a trades occupation. In 2011, 66.7% of the homes in Terara were owner-occupied compared with 73.7% in 2016..

Terara has 203 properties. Over the last 5 years, Houses in Terara have seen a 59.73% increase in median value. As at 31 October 2024:

  • The median value for Houses in Terara is $823,654 while the median value for Units is $422,954.
There are currently 1 property listed for sale, and no properties listed for rent in Terara on OnTheHouse. According to CoreLogic's data, 6 properties were sold in the past 12 months in Terara.

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