SOLD
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Sold on 05 Oct 2023 for $280,000

2/31 Lorna Lim Terrace
Driver NT 0830

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Land area: 81m2
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Property Details for 2/31 Lorna Lim Tce, Driver

2/31 Lorna Lim Tce, Driver is a 2 bedroom, 1 bathroom Unit with 2 parking spaces. The property has a land size of 81m2. While the property is not currently for sale or for rent, it was last sold in October 2023. There are other 2 bedroom Unit sold in Driver in the last 12 months.

Building Type
Unit
Land Size
81m2
Local Government
Palmerston
Lot/Plan
Loc 590 Lot 3220/UP 86/081

Last Listing description (October 2023)

Positioned within a secure gated complex of 4 units, this property has a tranquil relaxing feel to it that will appeal to the first home buyers, retirees, and investors alike. Everything is already renovated and modernised - nothing needs to be done.

The whole complex is secure at street level with electronic gated entry, the driveway leads through to two parking spaces at the front of the unit, one under a shade sail.

The front porch offers a warm welcome into the home where an open plan living, dining and kitchen area run centrally offering a hub of the home for effortless entertaining or easy everyday living.

The living room is front facing with views over the porch whilst the dining room sits adjacent to the kitchen which offers a dishwasher, electric stove and cooktop, wrap around counters and breakfast bar seating with a modern design and a peep through to the courtyard through the screened back door.

The two good sized bedrooms both have carpet flooring, a built-in robe and split air-conditioning.

The bathroom is modern with a shower and vanity with storage plus there is a hallway linen press as well.

Outside is a sheltered laundry room and a private courtyard with shade sail overhead. Decked outdoor entertaining area plus a handy little garden shed and a gorgeous fishpond. There is side access as well.

Body Corporate managed by Whittles, fees are $863 p/q and the sinking fund $123 p/q.

Located just a short walk to the Palmerston CBD and only minutes to the Palmerston Golf Club and Tavern. Only moments from parklands, local schools, day cares, Marlow Lagoon dog park and BMX along with the Friday night markets and so much more.

Property History for 2/31 Lorna Lim Tce, Driver, NT 0830

A timeline of how this property has performed in the market
Last Sold
$280,000
05 Oct 2023
Listed for Rent
$130/w
03 Aug 2002
  • 23 Oct 2023
    Sold for $280,000
  • 21 Jun 2023
    Listed for Sale Not Disclosed
  • 16 Feb 2022
    Sold for $310,000
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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 1,230 properties. Over the last 5 years, Houses in Driver have seen a 15.40% increase in median value, while Units have seen a 21.26% increase. As at 31 August 2024:

  • The median value for Houses in Driver is $420,580 while the median value for Units is $289,717.
  • Houses have a median rent of $550 while Units have a median rent of $445.
There are currently 16 properties listed for sale, and 5 properties listed for rent in Driver on OnTheHouse. According to CoreLogic's data, 54 properties were sold in the past 12 months in Driver.

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Contact agent
Rayna Kirikino
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Macca Houkamau
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Elders Real Estate Palmerston & Virginia
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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.