SOLD
Sold on 23 Sep 2024 for $235,000

3/25 Lorna Lim Terrace
Driver NT 0830

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 78m2
Land area: 85m2
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Property Details for 3/25 Lorna Lim Tce, Driver

3/25 Lorna Lim Tce, Driver is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1993. The property has a land size of 85m2 and floor size of 78m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 2 bedroom Unit sold in Driver in the last 12 months.

Building Type
Unit
Year Built
1993
Floor Size
78m2
Land Size
85m2
Local Government
Palmerston
Lot/Plan
Loc 590 Lot 3217/S 85/138

Last Listing description (August 2022)

Once inside this impressive ground floor 2 bedroom unit will blow you away. It is virtually an entirely new property.

The location is central to all of Palmerston where there is a choice of schools, transport and Palmerston hospital as well as walking distance to Palmerston Shopping centres, post office and CBD.

If you are looking for the next best thing in a unit without the price tag, this unit with its near new interior should be perfect!

Standout features include:
2 Bedrooms each with built-in robes
New stone topped kitchen and appliances and breakfast bar
Main bathroom is fully renovated
New energy efficient split-systems to both bedrooms
Fresh designer floor tiles to both bedrooms
Updated energy efficient lighting and fans throughout
New roller blinds to all living areas
Large common ground off ground floor patio maintained by body corporate
Immaculate on trend interior
Plus so much more

Year Built: 1993
Council Rates: $1,737 pa (approx)

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Property History for 3/25 Lorna Lim Tce, Driver, NT 0830

A timeline of how this property has performed in the market
Last Sold
$235,000
23 Sep 2024
Listed for Rent
$350/w
17 May 2016
  • 23 Sep 2024
    Sold for $235,000
  • 08 Jun 2022
    Listed for Sale $270,000
  • 15 Jul 2016
    Sold for $251,000
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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 1,221 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 4 properties listed for rent in Driver on OnTheHouse. According to CoreLogic's data, 62 properties were sold in the past 12 months in Driver.

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