Ludlow Forestry Mill and Settlement, comprising Ludlow Road and river bridge, unsealed bush lanes, eleven forestry cottages featuring original timber and woven wire fencing, domestic cottage gardens and timber framed and clad outbuildings, together with the former sawmill and workshops site in its fenced compound and sundry other structures including three timber framed water tank stands with metal tanks, all located in a forest setting featuring pines and mature tuarts, has cultural heritage significance for the following reasons:
- the historic precinct was the location of the first Forestry School in the State, established in 1921 as a result of the work of internationally renowned forest conservator, Charles Edward Lane-Poole, and exemplifies his forestry management philosophy;
- the historic precinct is an evocative picturesque rural settlement of timber buildings that provides a focus for the significant Tuart forest and areas of pine plantation in which it is located;
- the historic precinct is a good representative example of a sawmill and workshops with a collection of forestry cottages that contains several standard design types; and,
- the pine plantation for which the sawmill, workshops and workers’ housing were built is representative of a number of pine plantations established in the early 1900s to provide an alternative timber supply to imports and local hardwoods.