Goodwood Island is a quiet locality in New South Wales within the Clarence Valley local government area (postcode 2469). With a population of 91, the suburb has a mature demographic with a median age of 50. Households earn a median income of $43K per year, with an average household size of 2.1 people. The most common occupations are managers, technicians & trades, labourers. The top ancestries reported are English, Australian, Italian.
The median house price in Goodwood Island is $950,000, having dropped significantly 33.6% over the past year. The current median weekly rent is $490. This gives a gross rental yield of approximately 2.7%. 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 4,981 incidents per 100,000 population.
From an investment perspective, Goodwood Island offers a gross rental yield of 2.7%, rated as low yield. Property prices sit below the state median ($950K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 21.9x is considered stretched. House prices have moved -33.6% year-on-year.
Goodwood Island is a quiet locality in New South Wales within the Clarence Valley local government area (postcode 2469). With a population of 91, the suburb has a mature demographic with a median age of 50. Households earn a median income of $43K per year, with an average household size of 2.1 people. The most common occupations are managers, technicians & trades, labourers. The top ancestries reported are English, Australian, Italian.
The median house price in Goodwood Island is $950,000, having dropped significantly 33.6% over the past year. The current median weekly rent is $490. This gives a gross rental yield of approximately 2.7%. 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 4,981 incidents per 100,000 population.
From an investment perspective, Goodwood Island offers a gross rental yield of 2.7%, rated as low yield. Property prices sit below the state median ($950K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 21.9x is considered stretched. House prices have moved -33.6% year-on-year.