Located in New South Wales within the Wagga Wagga local government area, Ladysmith is a quiet locality (postcode 2652). With a population of 339, the suburb has a settled mid-life population with a median age of 42. Households earn a median income of $93K per year, with an average household size of 2.7 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.0% year-on-year at the LGA level. NSW employment has moved +0.3% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. NSW also had 37 Commonwealth-backed major projects under construction, 5 underway, and 75 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are technicians & trades, managers, labourers. Employment in the area leans toward education and retail trade. The top ancestries reported are Australian, English, Scottish.
Median house prices in Ladysmith stand at $579,000, having risen steeply by 19.4% over the last twelve months. The current median weekly rent is $365. This gives a gross rental yield of approximately 3.3%. The median monthly mortgage repayment is $1,300.
Ladysmith is served by 1 school, including 1 primary. The average ICSEA score is 987, which is around the national average of 1,000. Public transport access includes 8 bus stops. The crime rate in the Wagga Wagga LGA is moderate at 5,374 incidents per 100,000 population.
On the investment side, Gross rental yield sits at around 3.3% (moderate yield). Property prices sit below the state median ($579K/$1.5M), which can point to relative value. The price-to-income ratio of 6.2x is considered moderate. House prices have moved +19.4% year-on-year. Population growth of +0.0% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.