15/44 Lorna Lim TerraceDriver NT 0830
Property Details for 15/44 Lorna Lim Tce, Driver
15/44 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 104m2 and floor size of 104m2. While the property is not currently for sale or for rent, it was last sold in March 2023.
Last Listing description (March 2023)
This beautifully presented three bedroom top floor apartment is ideally located only 2 minutes stroll to the growing Palmerston CBD.
Features include:
- Impressive kitchen with breakfast bar, stainless steel appliances and an abundance of storage and counter space
- Private balcony with treetop views, the perfect place to relax and enjoy Darwin's tropical lifestyle
- Master bedroom with en suite, built in wardrobe and soft carpeted floor
- Bedrooms two and three with built in wardrobes, air conditioning and natural light
- Master bathroom recently renovated with floor to ceiling tiles, bath tub and internal laundry
- Secure parking space for one vehicle
- Only minutes stroll to schools, parks, public transport, restaurants, and the fantastic Palmerston Markets
This quiet apartment is an impressive addition to the portfolio of an astute investor with excellent rental and capital growth potential in a central location.
Long term tenants - just extended lease till February 2024 at $460 per week
Property History for 15/44 Lorna Lim Tce, Driver, NT 0830
- 17 Mar 2023Sold for $269,000
- 11 Jul 2022Listed for Rent $450 / week
- 15 Jun 2020Listed for Rent $265 / week
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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 1,220 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.
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