SOLD
Sold on 15 Oct 2024 for $310,000

5/44 Lorna Lim Terrace
Driver NT 0830

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 95m2
Land area: 104m2
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Property Details for 5/44 Lorna Lim Tce, Driver

5/44 Lorna Lim Tce, Driver is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1996. The property has a land size of 104m2 and floor size of 95m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 3 bedroom Unit sold in Driver in the last 12 months.

Building Type
Unit
Year Built
1996
Floor Size
95m2
Land Size
104m2
Local Government
Palmerston
Lot/Plan
Loc 590 Lot 3224/S 85/138

Property History for 5/44 Lorna Lim Tce, Driver, NT 0830

A timeline of how this property has performed in the market
Last Sold
$310,000
15 Oct 2024
Listed for Rent
$380/w
06 Jan 2011
  • 15 Oct 2024
    Sold for $310,000
  • 19 Apr 2013
    Sold for $385,000
  • 26 Nov 2010
    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 1,226 properties. Over the last 5 years, Houses in Driver have seen a 23.12% increase in median value, while Units have seen a 25.80% increase. As at 30 November 2024:

  • The median value for Houses in Driver is $429,628 while the median value for Units is $296,563.
  • Houses have a median rent of $550 while Units have a median rent of $450.
There are currently 11 properties listed for sale, and 5 properties listed for rent in Driver on OnTheHouse. According to CoreLogic's data, 68 properties were sold in the past 12 months in Driver.

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