OFF MARKET

3/40 Lorna Lim Terrace
Driver NT 0830

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 96m2
Land area: 116m2
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Property Details for 3/40 Lorna Lim Tce, Driver

3/40 Lorna Lim Tce, Driver is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1996. The property has a land size of 116m2 and floor size of 96m2. While the property is not currently for sale or for rent, it was last sold in June 2007.

Building Type
Unit
Year Built
1996
Floor Size
96m2
Land Size
116m2
Local Government
Palmerston

Last Listing description (May 2023)

Two-bedroom apartment in a quiet complex
Sweeping open plan living/dining areas
Each bedroom has a built-in robe and split system A/C unit

Ample storage
Large shower and vanity with separate toilet
Hallway laundry amenities
Tiled flooring underfoot in living areas and stunning timber flooring in the bedrooms
Sliding doors through to spacious balcony
Kitchen is streamlined and functional plenty of with storage and bench space
First floor with stair access

Property History for 3/40 Lorna Lim Tce, Driver, NT 0830

A timeline of how this property has performed in the market
Last Sold
$245,000
19 Jun 2007
Listed for Rent
$400/w
10 May 2023
  • 21 Apr 2023
    Listed for Rent $400 / week
  • 19 Apr 2017
    Listed for Rent - Price not available
  • 28 Sep 2015
    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.