SOLD
Sold on 15 Aug 2024 for $250,000

6/25 Lorna Lim Terrace
Driver NT 0830

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 73m2
Land area: 85m2
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Property Details for 6/25 Lorna Lim Tce, Driver

6/25 Lorna Lim Tce, Driver is a 2 bedroom, 1 bathroom Unit and was built in 1993. The property has a land size of 85m2 and floor size of 73m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 2 bedroom Unit sold in Driver in the last 12 months.

Building Type
Unit
Year Built
1993
Floor Size
73m2
Land Size
85m2
Local Government
Palmerston
Lot/Plan
Loc 590 Lot 3217/UP 93/052

Last Listing description (October 2024)

NEW to market , this 2 bedroom, 1 bathroom apartment is the perfect opportunity for first-time buyers or investors looking to add to their portfolio.
Ready for its new owners to make it their own.

** More images to come

Open plan living;
Brand new kitchen,
comfortable living area
2 bedrooms, both with Built in Robes and Split System AC
Tiled throughout
Freshly painted

Rental Estimate $450-500 per week

Complex features huge spacious backyard, perfect for outdoor entertaining or simply enjoying the sunshine.
The property also features large car space, providing ample parking for your vehicle and visitors
Fantastic location, this property offers easy access to nearby amenities such as shops, schools, and parks.
Direct Gate Access to Chung Wah and Temple Terrace.
Don't miss out on the opportunity to own this delightful home.

Contact us today for more information and to arrange a viewing.
Tevy Hok 0477 374 331 and Belinda Tonkin 0408 874 163

Area under title :85m2
Body corp : Whittles $1040
Palmerston : Rates : $1700
Vacant Possession
Carparks 1 Allocated and extra visitors bay on site
Built Year : 1993 Circa
Rental Appraisal : $450-$500 per week

Property History for 6/25 Lorna Lim Tce, Driver, NT 0830

A timeline of how this property has performed in the market
Last Sold
$250,000
15 Aug 2024
Listed for Rent
$525/w
18 Aug 2024
  • 15 Aug 2024
    Sold for $250,000
  • 07 Aug 2024
    Listed for Rent $525 / week
  • 21 Jun 2024
    Listed for Sale Under contract
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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 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.

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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.