Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. High average incomes in Ludmilla ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The slightly lower than average earnings from occupations in Ludmilla changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. High density population in Ludmilla requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.
|1 MAY ST, LUDMILLA, NT, 0820||4||2||2||Contact agent|
|66 HUDSON FYSH AV, LUDMILLA, NT, 0820||4||1||2||Sold for $625,000|
|13 CARDO CT, LUDMILLA, NT, 0820||3||2||2||Current Bid $490,000|
|29 WELLS ST, LUDMILLA, NT, 0820||5||3||4||$975,000|
Ludmilla Primary School(While the above schools are located with the suburb of Ludmilla there may also be nearby schools whose catchments cover this suburb)
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source: Australian Government Bureau of Meteorology
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