OFF MARKET

10/40 Lorna Lim Terrace
Driver NT 0830

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 118m2
Land area: 155m2
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Property Details for 10/40 Lorna Lim Tce, Driver

10/40 Lorna Lim Tce, Driver is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1996. The property has a land size of 155m2 and floor size of 118m2. While the property is not currently for sale or for rent, it was last sold in January 2021.

Building Type
Unit
Year Built
1996
Floor Size
118m2
Land Size
155m2
Local Government
Palmerston
Lot/Plan
Loc 590 Lot 3226/S 85/138

Last Listing description (March 2021)

Brilliantly located within minutes walking distance to Oasis Shopping center and Palmerston CBD, is this spacious 3 bedroom, stylishly updated with modern fittings.
With new split system air conditioning throughout the whole unit, new window furnishings, new cupboards, the unit has recently been painted throughout, there is nothing to do but sit back and enjoy everything this unit has to offer.
Features of this property include

Renovated kitchen with loads of bench area
Newly installed and modern window furnishing
Air conditioning throughout the entire unit just 12 months old.
Freshly painted throughout
Wide open plan living
Sizable balcony with sliding double door access allowing stunning breezes
There is currently a exceptional tenant in place so investors are encouraged to inquire

Property History for 10/40 Lorna Lim Tce, Driver, NT 0830

A timeline of how this property has performed in the market
Last Sold
$260,000
25 Jan 2021
Listed for Rent
$300/w
15 Oct 2018
  • 25 Jan 2021
    Sold for $260,000
  • 07 Jun 2019
    Listed for Sale $260,000
  • 26 Jul 2018
    Listed for Rent - Price not available
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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 14 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.

Suburb Insights for Driver 0830

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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.