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RECENT ADVICE
Sold on 14 Jun 2024 for $360,000

12/34 Lorna Lim Terrace
Driver NT 0830

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
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Property Details for 12/34 Lorna Lim Tce, Driver

12/34 Lorna Lim Tce, Driver is a 2 bedroom, 2 bathroom Unit with 2 parking spaces. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 2 bedroom Unit sold in Driver in the last 12 months.

Building Type
Unit
Local Government
Palmerston
Lot/Plan
Loc 590 Lot 12350/UTS2014/010

Last Listing description (June 2024)

The Phone Code for this property is: 52908. Please quote this number when phoning or texting.

Investment Property

A tenant has a lease in place until August 2024

Rental income is $27,040 PA

Modern 2 Bedroom unit with park views
Pool in complex
Walking distance to Oasis

Corporate body fees $8,176 PA
Rates $1852 PA

Disclaimer:

Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner (forsalebyowner.com.au Pty Ltd) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.

Property History for 12/34 Lorna Lim Tce, Driver, NT 0830

A timeline of how this property has performed in the market
Last Sold
$360,000
14 Jun 2024
Listed for Rent
$340/w
27 May 2019
  • 14 Jun 2024
    Sold for $365,000
  • 21 Mar 2019
    Listed for Rent - Price not available
  • 04 Jan 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 1,229 properties. Over the last 5 years, Houses in Driver have seen a 19.77% increase in median value, while Units have seen a 25.92% increase. As at 31 July 2024:

  • The median value for Houses in Driver is $421,563 while the median value for Units is $288,124.
  • Houses have a median rent of $550 while Units have a median rent of $440.
There are currently 18 properties listed for sale, and 4 properties listed for rent in Driver on OnTheHouse. According to CoreLogic's data, 51 properties were sold in the past 12 months in Driver.

Suburb Insights for Driver 0830

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For Sale By Owner (NT)
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For Sale By Owner Australia Pty. Ltd.
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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.