OFF MARKET

7/40 Lorna Lim Terrace
Driver NT 0830

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 96m2
Land area: 115m2
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Property Details for 7/40 Lorna Lim Tce, Driver

7/40 Lorna Lim Tce, Driver is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1996. The property has a land size of 115m2 and floor size of 96m2. While the property is not currently for sale or for rent, it was last sold in October 2022.

Building Type
Unit
Year Built
1996
Floor Size
96m2
Land Size
115m2
Local Government
Palmerston
Lot/Plan
Loc 590 Lot 3226/S 85/138

Last Listing description (June 2023)

LJ Hooker Darwin is pleased to have new to the market this semi renovated, spacious 2 bedroom unit only minutes from Palmerston CBD.

get the best outcome in todays rental market.

Positioned on the second floor with views of parklands and nearby Golf course. Move in ready abode host open plan living with bright and breezy entertainment areas.
Newly designed kitchen with storage prep space and dishwasher.
Each of the bedrooms is rear facing with treetop views, built in robe and air conditioning.
The bathroom offers a large shower and vanity with storage plus a separate toilet, internal laundry amenities are hosted discretely in the hallway.
Under the complex is a single undercover car port and additional guest parking and personal storeroom.
Located a short walk to the Palmerston Golf Club and Tavern, there is the Durack Lakes across the road and the CBD is less than 5 minutes. Located only moments from parklands for the kids to explore, local schools, day cares & Marlow Lagoon Dog Park.

This property will not last long! Enquire to view!

Property History for 7/40 Lorna Lim Tce, Driver, NT 0830

A timeline of how this property has performed in the market
Last Sold
$260,000
27 Oct 2022
Listed for Rent
$460/w
17 May 2023
  • 03 May 2023
    Listed for Rent - Price not available
  • 27 Oct 2022
    Sold for $260,000
  • 02 Aug 2022
    Listed for Sale Offers Over $269,000
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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 1,230 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.