OFF MARKET

3/8 Lowe Court
Driver NT 0830

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 75m2
Land area: 233m2
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Property Details for 3/8 Lowe Ct, Driver

3/8 Lowe Ct, Driver is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1998. The property has a land size of 233m2 and floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in May 2021.

Building Type
Unit
Year Built
1998
Floor Size
75m2
Land Size
233m2
Local Government
Palmerston
Lot/Plan
Loc 590 Lot 3137/S 85/137

Last Listing description (May 2021)

Text '38LOW' to 0488 810 057 for all property information.

This great two-bedroom in a small complex features a lovely private courtyard and gardens and is well presented throughout for low-maintenance modern living.

Features include:

Crisp white interiors throughout provide the perfect canvas for your interior design
Generous open-plan living/dining area with high-set glass louvre windows
Living/dining area opens to covered verandah in large, low-maintenance courtyard
Neat and tidy kitchen with built-in oven and high breakfast bar
Well-presented main bathroom with generous corner shower
Mirrored built-in robes to bright master and second bedrooms
Laundry facilities conveniently set on covered rear verandah
Built-in linen cupboard/storage to main living/dining area
Split-system air conditioning and low-maintenance floor tiles throughout
Great central location close to Palmerston Golf and Country Club, University campus, and Palmerston CBD

First-home buyers, downsizers and investors all note this great unit offers an affordable, easy low-maintenance living with plenty of outdoor space to enjoy in the private rear courtyard.

Council Rates: Approx. $1717 per annum
Area Under Title: 233 sqm
Zoning: LMR (Low-Medium Density Residential)
Status: Vacant Possession
Vendors Conveyancer: TBC
Building Report: Available on request
Pest Report: Available on request
Settlement period: 30 days
Deposit: 10% or variation on request
Easements as per title: Sewerage Easement to Power and Water Authority

Territory Home Owner Discount (THOD) will cease on 30th June 2021. This means it will no longer be available for contracts of sale entered into on or after 1 July 2021. If you are a home buyer in the NT you may be eligible to get up to $18,601 off stamp duty until 30 June 2021.

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Property History for 3/8 Lowe Ct, Driver, NT 0830

A timeline of how this property has performed in the market
Last Sold
$292,000
28 May 2021
Listed for Rent
$350/w
17 Mar 2021
  • 28 May 2021
    Sold for $292,000
  • 15 Apr 2021
    Listed for Sale UNDER CONTRACT
  • 10 Feb 2021
    Listed for Rent $350 / 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 1,221 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 13 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.

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