4/23 Lorna Lim Tce, Driver is a 3 bedroom, 1 bathroom Unit and was built in 1995. The property has a land size of 94m2 and floor size of 84m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 3 bedroom Unit sold in Driver in the last 12 months.
Located at the front of the complex, with your own private balcony, this is an opportunity to invest or get your foot in the property market.
Approximate rental return of 7.8%! Currently rented until July 2024
Featuring:
Council rates-$1853 per annum approx.
Body corporate- $1,517 per quarter approx.
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:
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