OFF MARKET

7/25 Lorna Lim Terrace
Driver NT 0830

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 74m2
Land area: 89m2
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Last updated 11 Nov 2024
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Property Details for 7/25 Lorna Lim Tce, Driver

7/25 Lorna Lim Tce, Driver is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1993. The property has a land size of 89m2 and floor size of 74m2. While the property is not currently for sale or for rent, it was last sold in October 2017.

Building Type
Unit
Year Built
1993
Floor Size
74m2
Land Size
89m2
Local Government
Palmerston
Lot/Plan
Loc 590 Lot 3217/S 85/138

Last Listing description (December 2017)

- 2 Bedrooms both have built-ins
- 1 Bathroom with newly renovated vanity
- Tiled in main living areas, carpet in both bedrooms and air-conditioned with ceiling fans throughout

- Extra shelving in the kitchen for more storage
- Freshly painted with brand new curtains
- This unit is in a nice complex- bright and tidy with natural light
- Close to the city centre and public transport
Elders does NOT accept 1FORM applications. Please click on 'EMAIL AGENT' to leave your details.

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Property History for 7/25 Lorna Lim Tce, Driver, NT 0830

A timeline of how this property has performed in the market
Last Sold
$215,000
27 Oct 2017
Listed for Rent
$280/w
28 Nov 2017
  • 02 Nov 2017
    Listed for Rent $280 / week
  • 27 Oct 2017
    Sold for $215,000
  • 04 Jul 2017
    Listed for Sale $225,000
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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 7 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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