If you compare the increase in value of investment property in Goodwood, 5034 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this SA suburb was 2.50%.
The five-year average increase in median property values for Goodwood,5034 has given property investors a potential capital gain of 23.41% across each of those five years.
At number 379th of SA’s most discounted properties, Goodwood is in the TOP 10% of the state/territory when listing in order of most discounted to least.
With the median price for a house in Goodwood being $759000 and the advertised rent reaching $470 the gross rental yield for property investors calculates out to be 3.22%
Goodwood, 5034 ranked 164th in SA when comparing growth in median property values or capital gain over the last 12 months. Goodwood is one of 853 in our list for SA
Across a shorter period, Goodwood, 5034 has seen a median price increase of -4.36% over the last quarter.
Our latest figures would indicate that property sellers in Goodwood are currently offering property investors an average price cut of -6.17% below the asking price at the moment.
Often selling an investment property can take time, and in Goodwood the average time real estate has been on the market is 47.38 days.
Situated 2.45km from the CBD, Goodwood is one of Unley localities in the postcode 5034.