Goodwood is a smaller suburb in South Australia within the Unley local government area (postcode 5034). With a population of 2,823, the suburb has an established demographic with a median age of 40. Households earn a median income of $100K per year, with an average household size of 2.2 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Scottish.
The median house price in Goodwood is $2.2 million, having surged 55.2% over the past year. Units have a median price of $609,000 (+9.6% YoY). The current median weekly rent is $576. This gives a gross rental yield of approximately 1.3%. The median monthly mortgage repayment is $2,167.
Goodwood is served by 2 schools, including 2 primary. The average ICSEA score is 1132, which is well above the national average of 1,000. Public transport access includes 1 rail station, 12 bus stops. The crime rate in the Unley LGA is moderate at 5,880 incidents per 100,000 population.
From an investment perspective, Goodwood offers a gross rental yield of 1.3%, rated as low yield. Property prices are above the state median ($2.2M/$950K), placing it in the premium segment. The price-to-income ratio of 22.3x is considered stretched. House prices have moved +55.2% year-on-year.
Goodwood is a smaller suburb in South Australia within the Unley local government area (postcode 5034). With a population of 2,823, the suburb has an established demographic with a median age of 40. Households earn a median income of $100K per year, with an average household size of 2.2 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Scottish.
The median house price in Goodwood is $2.2 million, having surged 55.2% over the past year. Units have a median price of $609,000 (+9.6% YoY). The current median weekly rent is $576. This gives a gross rental yield of approximately 1.3%. The median monthly mortgage repayment is $2,167.
Goodwood is served by 2 schools, including 2 primary. The average ICSEA score is 1132, which is well above the national average of 1,000. Public transport access includes 1 rail station, 12 bus stops. The crime rate in the Unley LGA is moderate at 5,880 incidents per 100,000 population.
From an investment perspective, Goodwood offers a gross rental yield of 1.3%, rated as low yield. Property prices are above the state median ($2.2M/$950K), placing it in the premium segment. The price-to-income ratio of 22.3x is considered stretched. House prices have moved +55.2% year-on-year.