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Sold on 18 Jul 2024 for $262,000

4/6 Lowe Court
Driver NT 0830

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 63m2
Land area: 190m2
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Property Details for 4/6 Lowe Ct, Driver

4/6 Lowe Ct, Driver is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1989. The property has a land size of 190m2 and floor size of 63m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom Unit sold in Driver in the last 12 months.

Building Type
Unit
Year Built
1989
Floor Size
63m2
Land Size
190m2
Local Government
Palmerston
Lot/Plan
Loc 590 Lot 3135/UP 89/015

Last Listing description (August 2024)

This renovated two-bedroom unit boasts a fully air-conditioned interior, where cool tiles adorn the bedrooms, creating a refreshing retreat. The expansive open living area showcases floating timber flooring, seamlessly extending into the rear courtyard, offering a perfect blend of indoor and outdoor living. Outside there is your own grassy area for the kids to play.

The contemporary kitchen is well equipped with modern appliances, including a rangehood, electric cooktop, and a sleek flush-mounted oven. Bench space is plentiful for easy preparation and entertaining along with generous storage.

Both bedrooms are complete with built-in robes and split system air conditioning, ensuring comfort all year round. The bathroom is sleek and adorned with feature tiles, adding a touch of sophistication to the home.

Situated at the end of the complex, with a double carport, complemented by a twin complex carpark on the side.

The location is ideal; A short walk for a hit of golf or dinner at the Palmerston Golf Club & Tavern. Take the kids for a walk-through Durack Lakes or for a splash at Palmerston Water Park. Palmerston CBD & shopping centres are also within easy reach. Plus, a close bus stop with the bus route through the street.

Loaded with opportunity, your new investment awaits!

Council Rates: Approx. $1800 per annum
Area Under Title: 190 square metres
Zoning: LMR (Low-Medium Density Residential)
Status: Tenanted for $460 per week until 22/09/2025
Body Corporate: Whittles Body Corporate
Pets: On Application
Body Corporation Levies: Approx. $995 per quarter
Settlement period: 40 Days or variation on request
Deposit: 10% or variation on request
Easements as per title: Sewerage Easement to Power and Water Authority

Property History for 4/6 Lowe Ct, Driver, NT 0830

A timeline of how this property has performed in the market
Last Sold
$262,000
18 Jul 2024
Listed for Rent
$460/w
20 Sep 2023
  • 03 Sep 2024
    Sold for $262,000
  • 20 Feb 2024
    Listed for Sale Not Disclosed
  • 28 Aug 2023
    Listed for Rent $460 / 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 1,230 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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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.