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Unit 6,
37 LORNA LIM TERRACE Driver NT 0830

This property is Off Market

All about Driver Homes for sale in Driver


  • Internet speed Download 100 Mbps / Upload 40 Mbps
  • Distance to the coast 4.47 km
  • Potential bushfire risk 0 / 10
  • Report as to subsidence
  • Potential Land Contamination risk
  • Powerlines within 200m 0
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About Driver

With an average age of 32, households expect an average monthly mortgage payment of $1,943 or a weekly rent payment of $350. The average family earns a weekly income of $2,140 with a typical household size of 2.6 and a 94.24% employment rate.

Consistent high demand relative to supply is a key feature in Driver driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Driver ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. A mix of professions and above average income earners in Driver provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Lower than average population density constrains growth in Driver to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.

Public Transport

General Points of Interest


Population

(Country of Birth not stated 5%)

Are people healthy?

There are a recorded 262 asthma sufferers and 118 people living with diabetes. In addition, 72 people have a heart/vascular condition and 168 people live with three or more chronic diseases.

A good place to invest in property?

Driver a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.

Investability - Housing Demand

Northern Territory State average 44 / 100

Income

64 / 100

55 / 100

Industry

29 / 100

29 / 100

Population

22 / 100

50 / 100

House Prices

80 / 100

61 / 100

Jobs

27 / 100

27 / 100


Local Crime Rates

Incidents Trend State Average


Local Schools


Property Story

Unit 6, 37 Lorna Lim Terrace, Driver, Nt, 0830 is a residential property . The estimated distance to the sea is 4.47km and 0.73KM to vegatation considered to be a factor in bushfire risk.

Local Developments

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  • 134 Acme Avenue Street, Town, State

    Description - Details the application. Type and other information pertaining to the development application and more...

    Authority Reference: UX0909823-GOV Website

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The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz 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 Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.


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