8/25 Lorna Lim Terrace, Driver, NT 0830 | Property Value & History | OnTheHouse
 
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8/25 Lorna Lim Terrace
Driver NT 0830

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 73m2
Land area: 84m2
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Property Details for 8/25 Lorna Lim Tce, Driver

8/25 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 84m2 and floor size of 73m2. While the property is not currently for sale or for rent, it was last sold in December 2012.

Building Type
Unit
Year Built
1993
Floor Size
73m2
Land Size
84m2
Local Government
Palmerston

Last Listing description (March 2025)

LEASE BREAK WITH OPTION TO RENEW.

Welcome to this well maintained ground-level unit located in a convenient and sought-after location. This two-bedroom unit features an open plan design that maximizes space and functionality.

• The master bedroom offers a built-in wardrobe, split system air conditioning, and direct access to the spacious two-way main bathroom

• Second bedroom also includes built-in robes and split system air conditioning
• Open plan living and dining area
• The well-appointed kitchen features a practical benchtop, electric cooktop, and a large freezer
• Internal laundry
• Fully tiled and air-conditioned throughout
• Parking for two vehicles

Situated in the peaceful Driver neighborhood, this home offers easy access to a range of amenities including shopping centers, schools, public transport, parks, and gardens. Its prime location also places it just moments away from the heart of Palmerston CBD.

Please note: All Raine & Horne properties must be inspected in person by at least one leaseholder before an application can be accepted.

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Property History for 8/25 Lorna Lim Tce, Driver, NT 0830

A timeline of how this property has performed in the market
Last Sold
$305,000
03 Dec 2012
Listed for Rent
$420/w
05 Feb 2025
  • 03 Jan 2025
    Listed for Rent $420 / week
  • 08 Sep 2023
    Listed for Rent $450 / week
  • 03 Dec 2012
    Sold for $305,000
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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 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 7 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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© Copyright 2026. 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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