OFF MARKET

7 Millbank Road
Terara NSW 2540

Bedrooms: 2
Bathrooms: 1
Car spaces: 4
Floor area: 80m2
Land area: 1444m2
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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 1444m2 and floor size of 80m2. While the property is not currently for sale or for rent, it was last sold in June 2010.

Building Type
House
Year Built
1907
Floor Size
80m2
Land Size
1444m2
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.

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Property History for 7 Millbank Rd, Terara, NSW 2540

A timeline of how this property has performed in the market
Last Sold
$290,000
22 Jun 2010
  • 22 Jun 2010
    Sold for $290,000
  • 31 Jan 2010
    Listed for Sale PRICE UPON APPLICATION
  • 27 Nov 2008
    Listed for Sale $320,000
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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 2 properties 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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