Goodwood Island is a quiet locality in New South Wales within the Clarence Valley local government area (postcode 2469). The area has roughly 91 residents and an older-leaning population, with a median age of 50. Households earn a median income of $43K per year, with an average household size of 2.1 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.2% 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 managers, technicians & trades, labourers. Employment in the area leans toward agriculture and professional services. The top ancestries reported are English, Australian, Italian.
Goodwood Island has a median house price of $376,000, holding roughly steady year-on-year. The current median weekly rent is $380. This gives a gross rental yield of approximately 5.3%. The median monthly mortgage repayment is $1,517.
Public transport access includes 1 bus stop. The crime rate in the Clarence Valley LGA is moderate at 5,045 incidents per 100,000 population.
From an investment perspective, Goodwood Island shows a gross rental yield of approximately 5.3%, rated as high yield. Property prices sit below the state median ($376K/$1.5M), which can point to relative value. The price-to-income ratio of 8.7x is considered moderate. House prices have moved +0.0% year-on-year. Population growth of +1.2% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.