FOR SALE
Buying Guide $250,000

11/36 Lorna Lim Terrace
Driver NT 0830

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 130m2
Land area: 130m2
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Top Level Investment

Located on the top floor, with your own private balcony, this is an opportunity to invest or get your foot in the property market.
Approximate rental return of 7.9%! Currently rented until April 2025
Featuring:
• Updated kitchen with plenty of storage, dishwasher and modern appliances
• Spacious living/ dining area
• Sliding doors open onto full length balcony
• Tiled and air conditioned throughout
• 2 bedrooms with built in robes and main connecting to bathroom with walk through robe
• Bathroom with a shower over bath
• Internal laundry and separate WC
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Property Details for 11/36 Lorna Lim Tce, Driver

11/36 Lorna Lim Tce, Driver is a 2 bedroom, 1 bathroom Apartment with 2 parking spaces. The property has a land size of 130m2 and floor size of 130m2. The place is currently for sale with Raine & Horne Darwin.

Building Type
Apartment
Floor Size
130m2
Land Size
130m2

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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 1,224 properties. Over the last 5 years, Houses in Driver have seen a 15.04% increase in median value, while Units have seen a 22.46% increase. As at 30 September 2024:

  • The median value for Houses in Driver is $418,347 while the median value for Units is $286,416.
  • Houses have a median rent of $550 while Units have a median rent of $445.
There are currently 17 properties listed for sale, and 3 properties listed for rent in Driver on OnTheHouse. According to CoreLogic's data, 62 properties were sold in the past 12 months in Driver.

Suburb Insights for Driver 0830

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Paige Crow
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Raine & Horne Darwin
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.