Suburb Profile Report for Ludmilla NT (0820)

Ludmilla House: Median price $685,350, Annual capital growth 7.19%, Number of sales 16, Weekly median advertised rent $650

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report

Ludmilla has had a A very good year for property investment returns compared to the rest of NT, giving investors a capital gain of 9.66% to date .

When looking at the potential capital gains offered to property investors over the last 3 years, Ludmilla comes in at number 10th in NT.

LACK OF BUYER INTEREST may well be the reason that Ludmilla is offering property investors an average of -7.62. This rate of discount on properties puts Suburb at number 4th in terms of most discounted suburbs in NT

Often selling an investment property can take time, and in Ludmilla the average time real estate has been on the market is 116.25 days.

A $650 per week rent on the median house gives suburb investors a gross yield of circa 4.93%, without taking into account capital value appreciation, which has been averaging out at 7.19%.

HOUSE UNIT
$685,350 N/A
-2.99% N/A
9.66% N/A
7.19% N/A
$650 N/A
16 N/A
4.93% N/A
116.25 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (H), Poor (U)
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Demographics
Total population 1719
Median household income ($/weekly) 1777
Median age of persons 36
Median housing loan repayment ($/monthly) 2000
Average household size 2.8
  • Census Count Percent(%)
    5-14 years 275 16.0
    25-34 years 228 13.2
    35-44 years 278 16.2
    45-54 years 268 15.6
    55-64 years 216 12.6
    Others 456 26.5
    Age Group
    Census Count Percent(%)
    Not Married 517 44.7
    Registered Married 479 41.4
    Defacto Relationship 161 13.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 1203 77.6
    Papua New Guinea 52 3.4
    Philippines 32 2.1
    United Kingdom 59 3.8
    Other 64 4.1
    Others 141 9.1
    Country of Birth
    Census Count Percent(%)
    Buddhism 33 2.3
    Christianity 875 60.7
    Islam 11 0.8
    Other Religious Groups 18 1.2
    No Religion 477 33.1
    Others 27 1.9
    Religious Affiliation
  • Census Count Percent(%)
    $600-$799 40 8.3
    $1,500-$1,999 63 13.1
    $2,000-$2,499 47 9.8
    $2,500-$2,999 60 12.5
    $3,000-$3,499 50 10.4
    Others 221 45.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 560 46.7
    Not in the labour force 366 30.5
    Employed, worked part-time 189 15.8
    Employed, away from work 44 3.7
    Unemployed, looking for work 40 3.3
    Person Characteristics
  • Census Count Percent(%)
    Managers 122 15.4
    Professionals 195 24.6
    Technicians & trades workers 97 12.2
    Community & personal service workers 80 10.1
    Clerical & administrative workers 134 16.9
    Others 165 20.8
    Occupation
    Census Count Percent(%)
    Pre-school 22 6.0
    Infants/Primary 147 40.3
    Secondary 119 32.6
    Technical or Further Educational Institution 18 4.9
    University or other Tertiary Institutions 46 12.6
    Others 13 3.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1364 85.4
    Semi-detached, row or terrace house, townhouse 181 11.3
    Flat, unit or apartment 46 2.9
    Caravan, cabin, houseboat 4 0.3
    Improvised home, tent, sleepers out 3 0.2
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 204 39.8
    Being purchased 192 37.5
    Fully owned 113 22.1
    Other tenure type 3 0.6
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals