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Investment Property Driver, NT, 0830

Suburb Snapshot

Driver is a suburb in the Palmerston Region of Northern Territory. Driver has a population of 2,882 people and 36.52% of its occupants live in rental accommodation. The median listing price for houses is $504,500 and this has changed 2.95% over the past year and changed 3.16% over 2 years.

The median rent in Driver for houses is $560 per week and the median rental yield is 5.77%. Stock on the market for houses/townhouses has changed -66.67% compared to last year and the average time to sell a house/townhouse is 257 days.The median listing price for units is $295,000 and this has changed 2.60% over the past year. The average unit takes 227 days to sell and the median rent for a unit in Driver is $400 per week, producing a rental yield of 7.05%.

Supply & Demand in Driver, Palmerston

1.41%

Current vacancy rate


16

Rental stock available


2,882

Population


36.52%

Rental population


1.23%

Current vacancy rate


193

Rental stock available


33,788

Population


40.81%

Rental population


0.59%

Current vacancy rate


610

Rental stock available


228,837

Population


38.00%

Rental population


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

Statistical data for Driver, Palmerston

  House Townhouses Units
Median listing price $504,500 NA $295,000
Median price change - last quarter 2.20% NA -4.17%
Median price change - 1 year 2.95% NA 2.60%
Median price change - 2 years 3.16% NA 5.73%
  House Townhouses Units
Median weekly rent $560 NA $400
Median yield % 5.77% NA 7.05%
Median rent change - 1 year 1.81% NA -3.62%
  House Units
Previous month sales 8 2
Stock on market previous month 6 4
Stock variance vs. last year -66.67% -73.33%
Average days on market 257 227

Driver investment property listings

Showing 5 of 18 investment properties found in Driver on realestateinvestar.com.au

6 Uhr Ct, Driver

$580,000

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Big Block, Huge Shed & Classic Elevated Territory Living! Vacant

VACANT AND READY TO MOVE IN OR RENT FOR GREAT YIELD Positioned on a huge 796 square metre block in a convenient and family friendly location, 6 Uhr Drive offers the perfect blend of space, practicality and classic elevated Territory living. This solid three bedroom, one bathroom home is fully ...

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NT 0830


42 Dwyer Cct, Driver

$759,000

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TROPICAL FAMILY CLASSIC ELEVATED

Tucked away within a lovely, leafy little pocket of Driver, this elevated four-bedroom home delivers light-filled charm through an effortless family-friendly layout, which it complements with a fabulous balcony at the front and a great grassy yard at the back. Owners committed to sale, and will ...

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House

NT 0830


15 Widdup Cres, DRIVER

$699,000

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Lifestyle, Location & Endless Potential

For more property information text 15WID to 0488 810 057 Positioned proudly among the natural beauty of one of Palmerston's most established suburbs, this elevated home delivers space, lifestyle and versatility in equal measure. From capturing the cool breezes on the expansive front balcony to ...

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House

NT 0830


2/44 Lorna Lim Tce, DRIVER

$425,000

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Smart, Secure Living in a Prime Location

For more property information including body corporate and reports text 2LL to 0488 810 057 Whether you're investing, entering the market or securing a low-maintenance lifestyle, this ground-level apartment delivers a standout combination of comfort, security and long-term value. Positioned within ...

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NT 0830


10 McInnis Cct, DRIVER

$0

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Luxury Golf Course Living on 800sqm | Immaculate Renovation, Poo

Welcome to 10 McInnis Circuit, Driver a home that genuinely raises the bar for what buyers expect in Palmerston. Backing directly onto the golf course with open vacant land behind, this property delivers a rare sense of space, privacy and lifestyle that is almost impossible to replicate. Set on a ...

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NT 0830


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