Suburb Profile Report for Goodwood SA (5034)

Goodwood House: Median price $765,000, Annual capital growth 6.66%, Number of sales 34, Weekly median advertised rent $478

Goodwood Unit: Median price $407,500, Annual capital growth 9.69%, Number of sales 19, Weekly median advertised rent $320

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

Property value increases in Goodwood have tracked just higher than the SA average of 2.92% over the last 12 months.

Taking the average capital gain, or increase in median house value, Goodwood,5034 has racked up an average of 7.29% over the period. This ranks it number 2327th in the whole country for real estate investors looking at median house price increases.

Goodwood is 338th on a list of best yielding suburbs for rents in SA with a 3.25% return

Over the last year, property investments in Goodwood, 5034 have given investors a capital gain of -28.13%. This compares very badly with the 3.64% for SA as a whole.

When looking at the potential capital gains offered to property investors over the last 3 years, Goodwood comes in at number 169th in SA.

LACK OF BUYER INTEREST may well be the reason that Goodwood is offering property investors an average of -6.26. This rate of discount on properties puts Suburb at number 136th in terms of most discounted suburbs in SA

In the last year 19 properties changed hands in Goodwood, which puts it as the 107th most active market in SA when comparing the number of sales per suburb.

Goodwood, 5034’s gross rental yield is 4.08%

HOUSE UNIT
$765,000 $407,500
N/A -20.25%
7.29% -28.13%
6.66% 9.69%
$478 $320
34 19
3.25% 4.08%
N/A 43.18

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 2809
Median household income ($/weekly) 1396
Median age of persons 37
Median housing loan repayment ($/monthly) 1925
Average household size 2.2
  • Census Count Percent(%)
    20-24 years 258 9.2
    25-34 years 510 18.1
    35-44 years 429 15.3
    45-54 years 358 12.7
    55-64 years 334 11.9
    Others 921 32.8
    Age Group
    Census Count Percent(%)
    Not Married 975 45.6
    Registered Married 902 42.2
    Defacto Relationship 262 12.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 1832 70.4
    Croatia 87 3.3
    Hong Kong 107 4.1
    United Kingdom 148 5.7
    Other 116 4.5
    Others 312 12.0
    Country of Birth
    Census Count Percent(%)
    Buddhism 49 2.0
    Christianity 1310 52.6
    Hinduism 39 1.6
    Islam 62 2.5
    No Religion 1004 40.3
    Others 26 1.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 105 9.7
    $1,000-$1,249 88 8.1
    $1,500-$1,999 137 12.7
    $2,000-$2,499 91 8.4
    $2,500-$2,999 125 11.6
    Others 536 49.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 929 40.4
    Not in the labour force 718 31.2
    Employed, worked part-time 494 21.5
    Unemployed, looking for work 93 4.0
    Employed, away from work 68 3.0
    Person Characteristics
  • Census Count Percent(%)
    Managers 233 15.7
    Professionals 574 38.6
    Technicians & trades workers 120 8.1
    Clerical & administrative workers 193 13.0
    Sales 133 8.9
    Others 234 15.7
    Occupation
    Census Count Percent(%)
    Pre-school 36 5.4
    Infants/Primary 189 28.1
    Secondary 98 14.6
    Technical or Further Educational Institution 56 8.3
    University or other Tertiary Institutions 279 41.5
    Others 14 2.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1660 64.6
    Flat, unit or apartment 499 19.4
    Semi-detached, row or terrace house, townhouse 412 16.0
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 434 37.5
    Being purchased 363 31.4
    Fully owned 353 30.5
    Other tenure type 6 0.5
    Tenure Type
Census 2011, ABS
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Recent sales & rentals