Suburb Profile Report for Goodwood SA (5034)

Goodwood House: Median price $759,000, Annual capital growth 6.03%, Number of sales 29, Weekly median advertised rent $470

Goodwood Unit: Median price $373,000, Annual capital growth 5.08%, Number of sales 25, Weekly median advertised rent $313

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

Source: CoreLogic

  • House Report
  • Unit Report

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.

Metrics i HOUSE UNIT
$759,000 $373,000
0.33% -4.36%
2.50% -16.18%
6.03% 5.08%
$470 $313
29 25
3.22% 4.36%
20.9 47.38

Source: CoreLogic

DSR Score for property investment : Good (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