3/27 Lorna Lim Terrace, Driver, NT 0830 | Property Value & History | OnTheHouse
OFF MARKET

3/27 Lorna Lim Terrace
Driver NT 0830

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 3/27 Lorna Lim Tce, Driver

3/27 Lorna Lim Tce, Driver is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1992. While the property is not currently for sale or for rent, it was last sold in April 2024.

Building Type
Unit
Year Built
1992
Local Government
Palmerston
Lot/Plan
Loc 590 Lot 3218/S 85/138

Last Listing description (January 2024)

Investment potential plus in central Palmerston

Dont hesitate, this fabulous opportunity to purchase in a prime location between the golf course and the bustling hub of Palmerston wont last long. Theres excellent value here for first home buyers, renovators and investors alike. So, whether its your first step onto the property ladder or a solid addition to your investment portfolio for valuable capital growth potential, this vacant ground floor unit is a must to inspect!

Youll be impressed by both the enticing possibilities and superb location. Situated a five minute walk to major shopping centres and just 500m to the golf course, this property offers exciting options with the addition of contemporary upgrades to give it a new lease on life.

Well-designed with privacy in mind the layout has separation for the two huge bedrooms, each with generous built-in robes and individual split system air-conditioners. Plenty of bench space features in the kitchen, which overlooks an air-conditioned living/dining area with sliding door access to the verandah.

Its an easy walk to restaurants, cafes and cinemas, and a vast array of retailers at both the Oasis and Gateway shopping centres are at the doorstep for both everyday essentials and that all important retail therapy. Families will appreciate the proximity to local schools and playgrounds, and Darwins city centre is a 20 minute drive away for a fast city commute.

Council Rates: $1853 per year
Area Under Title: 102m2
Rental Estimate: $400 -$450 pw
Body Corporate company: Castle Real Estate
Admin Fund balance: $27,560.23
Sinking Fund Balance: $54,607.09
Quarterly Body Corp Fee: $1317.00
Pet friendly: NO
Vendor's Conveyancer: Tschirpig Conveyancing
Preferred Settlement Period: 45 days
Preferred Deposit: 10%
Easements as per title: None
Zoning: Medium Density
Status: Vacant

- Spacious unit in small complex of 6 properties
- Vacant & ready for owner/occupier or tenant
- Open plan living/dining with verandah access
- Large kitchen with plenty of bench space
- 2 huge bedrooms & large bathroom/laundry
- Features: air-con, ceiling fans, security screens
- 400m to central Palmerston & 500m to golf course

Call to inspect with The JH Team today!

Property History for 3/27 Lorna Lim Tce, Driver, NT 0830

A timeline of how this property has performed in the market
Last Sold
$207,000
04 Apr 2024
  • 28 Dec 2023
    Sold for $207,000
  • 08 Nov 2023
    Listed for Sale PRICE GUIDE $210,000
  • 04 Jun 2019
    Listed for Rent $300 per week
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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 1,228 properties. Over the last 5 years, Houses in Driver have seen a 44.41% increase in median value, while Units have seen a 44.74% increase. As at 28 February 2026:

  • The median value for Houses in Driver is $613,684 while the median value for Units is $381,180.
  • Houses have a median rent of $620 while Units have a median rent of $525.
There are currently 4 properties listed for sale, and 6 properties listed for rent in Driver on OnTheHouse. According to Cotality's data, 125 properties were sold in the past 12 months in Driver.

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Cotality Copyright and Legal Disclaimers about Property Data
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.