FOR SALE
Buying Guide $335,000

1/30 Lorna Lim Terrace
Driver NT 0830

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
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SOLID INVESTMENT OR OWNER-OCCUPIER OPPORTUNITY IN DRIVER

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Looking for a solid investment or your next home? This standout 2-bedroom, 2-bathroom apartment on Lorna Lim Terrace offers both! Built with durable, all-brick construction, it's a secure choice for investors or owner-occupiers. Currently leased until 26th November 2024, this property provides flexibility to move in later or continue earning rental income.
Key Features:
Solid brick construction for lasting quality
Modern kitchen with sleek, upgraded fixtures and a spacious island
Open-plan living area leading to a private balcony
Two generous bedrooms with built-in robes; master with ensuite
Fully air-conditioned for year-round comfort
First-floor convenience with easy access
2 secure basement car parks plus storage room
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Property Details for 1/30 Lorna Lim Tce, Driver

1/30 Lorna Lim Tce, Driver is a 2 bedroom, 2 bathroom Apartment with 2 parking spaces. The place is currently for sale with Raine & Horne Darwin.

Building Type
Apartment

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About Driver 0830

The size of Driver is approximately 1.7 square kilometres. It has 16 parks covering nearly 30.2% of total area. The population of Driver in 2011 was 2,958 people. By 2016 the population was 2,880 showing a population decline of 2.6% in the area during that time. The predominant age group in Driver is 30-39 years. Households in Driver are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Driver work in a trades occupation. In 2011, 51.3% of the homes in Driver were owner-occupied compared with 52.1% in 2016.

Driver has 1,221 properties. Over the last 5 years, Houses in Driver have seen a 10.90% increase in median value, while Units have seen a 30.03% increase. As at 31 October 2024:

  • The median value for Houses in Driver is $419,726 while the median value for Units is $292,625.
  • Houses have a median rent of $550 while Units have a median rent of $440.
There are currently 13 properties listed for sale, and 7 properties listed for rent in Driver on OnTheHouse. According to CoreLogic's data, 63 properties were sold in the past 12 months in Driver.

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Akansh Batta
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Raine & Horne Darwin
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