Ludmilla NT

Postcode 0820 · Darwin LGA

Ludmilla is a small community in Northern Territory within the Darwin local government area (postcode 0820). With a population of 1,667, the suburb has a mix of young professionals and families with a median age of 35. Households earn a median income of $107K per year, with an average household size of 2.7 people. The most common occupations are professionals, managers, community & personal service. The top ancestries reported are English, Australian, Aboriginal Australian.

The median house price in Ludmilla is $570,000, having dropped significantly 26.9% over the past year. Units have a median price of $446,000 (-42.9% YoY). The median weekly rent is $300 (Census 2021). This gives a gross rental yield of approximately 2.7%. The median monthly mortgage repayment is $2,058.

Ludmilla is served by 1 school, including 1 primary. The average ICSEA score is 905, which is below the national average of 1,000. Public transport access includes 11 bus stops.

From an investment perspective, Ludmilla offers a gross rental yield of 2.7%, rated as low yield. Property prices are near the state median ($570K/$711K). The price-to-income ratio of 5.3x is considered affordable. House prices have moved -26.9% year-on-year.

INVESTMENT SIGNALS
Rental Yield2.7% Low Yield
Price vs State$570K/$711K Near Median
Affordability5.3x Affordable
Price Momentum-26.9% Falling
INCOME (ATO 2022-23)
Median Income$72,277
Mean Income$80,155
Earners1,630
YoY Change+4.5%
SEIFA INDEX (ABS)
Advantage2/10
Education6/10
Economic2/10
Disadvantage5/10
MEDIAN HOUSE
$570K
-26.9% YoY
MEDIAN UNIT
$446K
-42.9% YoY
MEDIAN RENT /WK
$300
POPULATION
1,667
DEMOGRAPHICS
Median Age35
Household Size2.7
HH Income /wk$2,056
Personal Income /wk$924
Mortgage /mth$2,058
TRANSPORT
Bus Stops11
SCHOOLS (1)
Avg ICSEA905
Total Students132
Government1
Ludmilla Primary SchoolPrimary · Government · ICSEA 905
Data: 2024