Median Sale Price
House
$350K
Updated on Jan 2020
2 BR - | 3 BR $327K | 4 BR $395K |
Unit
$225K
Updated on Jan 2020
1 BR - | 2 BR $225K | 3 BR - |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $444,000 | 0.0% | $385 | $650,000 | 24 |
| 2010 | $480,000 | +7.5% | $345,000 | $570,000 | 21 |
| 2011 | $460,000 | -4.3% | $375,000 | $610,000 | 31 |
| 2012 | $485,000 | +5.2% | $330,000 | $670,000 | 42 |
| 2013 | $522,000 | +7.1% | $390,000 | $790,000 | 43 |
| 2014 | $538,000 | +3.0% | $397,500 | $680,000 | 27 |
| 2015 | $498,000 | -8.0% | $410,000 | $735,000 | 31 |
| 2016 | $487,000 | -2.3% | $345,000 | $639,000 | 17 |
| 2017 | $420,000 | -16.0% | $335,000 | $550,000 | 24 |
| 2018 | $405,000 | -3.7% | $320,000 | $539,000 | 12 |
| 2019 | $350,000 | -15.7% | $225,000 | $575,000 | 20 |
| 2020 | $310,000 | -12.9% | $310,000 | $310,000 | 1 |
Median Sale Price
$350K
Based on 21 recorded sales within the last 12 months
Updated on 24 Feb 2020
Suburb Growth
-22.9%
Current Median Price: $350,000
Previous Median Price: $430,000
Based on 32 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Jan 2020)
Price Range Segments (12 months ending Jan 2020)
Median Weekly Rent Price
House
$390
Updated on Jan 2020
2 BR $290 | 3 BR $380 | 4 BR $450 |
Unit
$298
Updated on Jan 2020
1 BR - | 2 BR $280 | 3 BR $335 |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | - | - | - | - | - |
| 2012 | $600 | 0.0% | $540 | $600 | 2 |
| 2013 | - | - | - | - | - |
| 2014 | $560 | -7.1% | $425 | $980 | 47 |
| 2015 | $520 | -7.7% | $350 | $770 | 77 |
| 2016 | $460 | -13.0% | $300 | $700 | 66 |
| 2017 | $450 | -2.2% | $250 | $780 | 47 |
| 2018 | $410 | -9.8% | $1 | $580 | 56 |
| 2019 | $410 | 0.0% | $290 | $600 | 44 |
| 2020 | $400 | -2.5% | $325 | $500 | 3 |
Median Rent Price
$410
per week
Based on 39 recorded rent within the last 12 months
Updated on 24 Feb 2020
Rent Price Growth
+2.4%
Current Median Rent: $410
Previous Median Rent: $400
Based on 95 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+6.1%
Current Median Price: $350,000
Current Median rent: $410
Based on 60 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Jan 2020)
Auction Results For Driver
Houses sold in Last 12 months ends 22 Feb 2020
$395K
Median Sale Price
100%
Clearance Rate
5/5
Sold/Reported
$400K
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $400 K - $600 K | 1 | |
| less than $400 K (Median Price Range) | 3 | |
Schools closest to Driver, NT 0830
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| Driver Primary School | 37 DRIVER AVEDriver 0830 | Primary | Government | 0.97 km |
| Durack Primary SchoolTop 20 | 50 WOODLAKE BVDDurack 0830 | Primary | Government | 0.97 km |
| Gray Primary School | 22 VICTORIA DRGray 0830 | Primary | Government | 1.11 km |
| Walungurru School | N/AKintore 0872 | Primary | Government | 1.29 km |
| Sacred Heart Catholic Primary School | EMERY AVENUEWOODROFFE 0830 | Primary | Catholic | 1.78 km |
| Palmerston Senior CollegeTop 20 | 10 TILSTON AVEDriver 0830 | Secondary | Government | 1.94 km |
| Bakewell Primary School | 5 HUTCHISON TCEBakewell 0832 | Primary | Government | 1.98 km |
| Palmerston Christian SchoolTop 10 | 50 WALER ROADMarlow Lagoon 0830 | Combined | Independent | 2.24 km |
| Gawa Christian School | Elcho Island 0822 | Combined | Independent | 2.34 km |