OFF MARKET

5/40 Lorna Lim Terrace
Driver NT 0830

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 110m2
Land area: 146m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 11 Nov 2024
Low

High
Save

Property Details for 5/40 Lorna Lim Tce, Driver

5/40 Lorna Lim Tce, Driver is a 3 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1996. The property has a land size of 146m2 and floor size of 110m2. While the property is not currently for sale or for rent, it was last sold in September 2006.

Building Type
Unit
Year Built
1996
Floor Size
110m2
Land Size
146m2
Local Government
Palmerston

Last Listing description (November 2020)

This third floor unit is nestled on the escarpment featuring spacious living area and windows all round which allow the cool breezes through. Located in the family friendly suburb of Driver, this unit is only moments from the Golf and Country Club!

The functional kitchen has ample under bench and overhead storage with plenty of bench space

Spacious, light and bright open plan living area that could easily fit any sized furniture
Great sized balcony for entertaining that overlooks the green escarpment
The master bedroom features a built in wardrobe, split-system air-conditioning and has access to the two way bathroom
Bedrooms two and three have built in wardrobes with air-conditioning
Practical two way bathroom that has a shower over bath and separate toilet for added convenience
Internal laundry complete with washing machine and dryer
Undercover parking for one and secure storeroom

Leave the car at home; this unit is situated only minutes to Palmerston's city centre where you will find shopping centres, local markets, coffee/specialty shops and public transport!

To apply for this property please go to rh.tenantoptions.com.au

Property History for 5/40 Lorna Lim Tce, Driver, NT 0830

A timeline of how this property has performed in the market
Last Sold
$235,000
06 Sep 2006
Listed for Rent
$330/w
14 Sep 2020
  • 14 Sep 2020
    Listed for Rent $330 / week
  • 23 Aug 2016
    Listed for Rent - Price not available
  • 31 May 2016
    Listed for Sale Offers Over $330,000
Sign in to see more transactions

Commute Calculator

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 8 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

Market Insights
Driver Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Driver Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.