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11/19 Lorna Lim Terrace, Driver$330,000
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11/19 Lorna Lim Terrace

Driver, NT 0830, Australia
$330,000
2 bed 1 bath 1 car104 m²

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About this property

Darwin continues to be recognised as a reliable and strong market for investors alike, and this apartment is no exception. Perched at the second level awaits this excellent purchase opportunity for the savvy investor seeking a low maintenance set and forget addition to their existing portfolio or even the investor looking to establish their portfolio - this is great place to start. Rented at $370 per week you can feel reassured with immediate income stream and excellent potential for long term growth. Positioned on the second level, this light filled apartment enjoys refreshing cross breezes and an elevated outlook across the surrounding streetscape to the parklands and beyond. The complex is set back tucked away from the street offering privacy with a towering driveway leading through to the parking bays at the rear of the property with stair access up to the residence. Moving inside the home… Upon entry, you are welcomed into a functional kitchen featuring generous bench top working space, durable finishes, and plenty of storage/cupboard space. The open plan layout flows through effortlessly with sliding doors leading out to a sunlit balcony - an ideal spot to unwind while taking in the afternoon light and leafy outlook or enjoying the wet season storms roll by. The residence is tilled throughout offering easy maintenance whilst keeping the apartment cool under foot all year round. Complemented by louvered windows that maximise airflow and natural light, creating a comfortable and inviting space. Both bedrooms are well-proportioned and include built in mirrored robes while the central bathroom is practical in design with the internal laundry located just next door. Ideally located with the Palmerston Golf and Country Club just a two minute drive away and ease of access to the local schools, park lands including Durack Lakes, public transport and the Palmerston CBD this property offers a convenient low-maintenance lifestyle with long term investment growth.

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
2
Bathrooms
1
Parking
1
Land Area
104 m²
Listed
3 months ago

Repayment calculator

$1,600/month
$800 /fortnight
Loan $264,000 at 6.10% over 30 years

Upfront costs

Deposit$66,000
Stamp duty$16,335
Conveyancing (est.)$2,000
Total upfront$84,335
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Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Driver

This 2-bedroom apartment in Driver, NT 0830 sits within reach of public transport, local shops and nearby schools. It is listed 53% below the $700,000 median of 67 comparable apartmentswithin 5 km.

Schools near Driver

  • Driver Primary Schoolprimary · T-6 · CoEd

What's nearby

  • Coles Palmerston (340) (bus)70 m away
  • Coles133 m away
  • Unnamed148 m away
  • Unnamed189 m away
  • Unnamed202 m away

Driver at a glance

Full suburb profile
Population
2,747
Median age
33
Household income
$1,984/wk
Median rent
$350/wk
Median mortgage
$1,950/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Driver price trend

Median sold · Unit 2 bed

$360kcurrent median

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Price history

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1 price change recorded for this property

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