1/40 Lorna Lim Terrace, Driver, NT 0830 | Property Value & History | OnTheHouse
 
OFF MARKET

1/40 Lorna Lim Terrace
Driver NT 0830

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 106m2
Land area: 145m2
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Property Details for 1/40 Lorna Lim Tce, Driver

1/40 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 145m2 and floor size of 106m2. While the property is not currently for sale or for rent, it was last sold in September 2013.

Building Type
Unit
Year Built
1996
Floor Size
106m2
Land Size
145m2
Local Government
Palmerston

Last Listing description (August 2013)

SPACIOUS 3 BEDROOM UNIT
A terrific opportunity for the investor to buy now and capitalise on the rental returns or move in after May 2014. This very spacious and gracious fully air conditioned home offers:-A massive open plan lounge, dining and kitchenImpressive kitchen with loads of bench space and cupboards The 2 way bathroom offers a single vanity, shower and is perfectly positioned between all bedrooms (ensuite to main bedroom)Neutral decor and tiling throughout Delightful balcony overlooking rear park Carpark beneath the unitLarge storeroom at car park level on the ground floor This gracious unit is perfectly positioned closed to public transport and is within walking distance to both shopping centres in Palmerston. Rented at $420.00 per week till May 2014 don't miss this opportunity to purchase your future home or add to your investment portfolio.

Property History for 1/40 Lorna Lim Tce, Driver, NT 0830

A timeline of how this property has performed in the market
Last Sold
$385,000
06 Sep 2013
Listed for Rent
$400/w
10 May 2012
  • 06 Sep 2013
    Sold for $385,000
  • 10 Aug 2013
    Listed for Sale Not Disclosed
  • 28 Mar 2012
    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 2016 was 2884 people. By 2021 the population was 2747 showing a population decline of 4.8% 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 2021, 51.50% of the homes in Driver were owner-occupied compared with 52.10% in 2016.

Driver has 1,229 properties. Over the last 5 years, Houses in Driver have seen a 50.70% increase in median value, while Units have seen a 43.92% increase. As at 30 November 2025:

  • The median value for Houses in Driver is $581,539 while the median value for Units is $352,575.
  • Houses have a median rent of $600 while Units have a median rent of $500.
There are currently 5 properties listed for sale, and 8 properties listed for rent in Driver on OnTheHouse. According to Cotality's data, 128 properties were sold in the past 12 months in Driver.

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© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.

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