Suburb Profile Report for Goodna QLD (4300)

Goodna House: Median price $287,500, Annual capital growth -0.27%, Number of sales 121, Weekly median advertised rent $330

Goodna Unit: Median price $197,500, Annual capital growth 0.77%, Number of sales 19, Weekly median advertised rent $285

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

Source: Monthly data update for Jun 2020 as supplied by CoreLogic. Data is reported to the period ending Mar 2020. Please note that property sales data is routinely updated, so may change retrospectively.

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Over the last year, property investments in Goodna, 4300 have given investors a capital gain of -5.74%. This compares very badly with the 1.66% for QLD as a whole.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Goodna has increased when compared to the 5 year average annual rate.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Goodna, 4300. Typically our figures indicate that -6.92% is being offered, which puts this QLD suburb at 1064th most discounted overall in Australia.

At number 2421 in a list of fastest selling suburbs, Goodna is in the bottom 40% of suburbs in Australia with an average of days on market 88.5728 for properties listed there.

Situated 21.05km from the CBD, Goodna is one of Ipswich (C) localities in the postcode 4300.

If you compare the increase in value of investment property in Goodna, 4300 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this QLD suburb was -14.13%.

Goodna,4300 was ranked 1508 in Australia by increase in median property value over the quarter.

At number 30th of QLD’s most discounted properties, Goodna is in the bottom 20% of the state/territory when listing in order of most discounted to least.

Using the current median advertised rental of $285 and the average annual increase in value of a median property of 0.77%, investors should hope to achieve an overall return of 7.50%

YIP MAG Information supplied by:

YIP MAG
December 2010

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An easy commute of around 40 minutes each way makes Goodna an attractive place for people looking to live outside Brisbane’s hustle and bustle.

On the eastern edge of Ipswich, Goodna is linked to Brisbane by the Ipswich Motorway, but also has roadways linking it to regional Queensland, with access to the Cunningham Highway, the Warrego Highway and the Centenary Highway.

Goodna has a lot more to offer besides roadways, featuring a wide variety of other attractions.

The suburb sits on the banks of the Brisbane River and boasts one of the few boat ramps offering easy access to the waterway.

There are a wide range of sporting clubs in the area, as well an expanding range of shopping options and the easily accessible Goodna train station.

These amenities go a long way towards explaining the 26% annual growth that houses in Ipswich have experienced over the last three years.
Metrics i HOUSE UNIT
$287,500 $197,500
0.88% -5.95%
-5.74% -14.13%
-0.27% 0.77%
$330 $285
121 19
5.97% 7.50%
88.5728155339806 87.6666666666667

Source: Monthly data update for Jun 2020 as supplied by CoreLogic. Data is reported to the period ending Mar 2020. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Balanced (H), Above average (U)
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Demographics
Total population 8775
Median household income ($/weekly) 1008
Median age of persons 30
Median housing loan repayment ($/monthly) 1638
Average household size 2.9
  • Census Count Percent(%)
    0-4 years 891 10.2
    5-14 years 1470 16.7
    25-34 years 1405 16.0
    35-44 years 1265 14.4
    45-54 years 953 10.9
    Others 2793 31.8
    Age Group
    Census Count Percent(%)
    Not Married 2926 49.3
    Registered Married 2315 39.0
    Defacto Relationship 691 11.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 5216 63.4
    Papua New Guinea 795 9.7
    United Kingdom 324 3.9
    Viet Nam 274 3.3
    Other 886 10.8
    Others 730 8.9
    Country of Birth
    Census Count Percent(%)
    Buddhism 381 4.9
    Christianity 5393 68.8
    Hinduism 157 2.0
    Other Religious Groups 75 1.0
    No Religion 1763 22.5
    Others 72 0.9
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 342 13.5
    $600-$799 299 11.8
    $800-$999 274 10.8
    $1,000-$1,249 327 12.9
    $1,500-$1,999 330 13.0
    Others 964 38.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 2388 39.6
    Employed, worked full-time 2143 35.5
    Employed, worked part-time 853 14.1
    Unemployed, looking for work 417 6.9
    Employed, away from work 228 3.8
    Person Characteristics
  • Census Count Percent(%)
    Professionals 335 10.4
    Technicians & trades workers 500 15.5
    Clerical & administrative workers 482 15.0
    Machinery operators & drivers 456 14.2
    Labourers 582 18.1
    Others 865 26.9
    Occupation
    Census Count Percent(%)
    Pre-school 153 7.3
    Infants/Primary 905 43.2
    Secondary 550 26.2
    Technical or Further Educational Institution 188 9.0
    University or other Tertiary Institutions 230 11.0
    Others 71 3.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 7433 89.1
    Semi-detached, row or terrace house, townhouse 840 10.1
    Flat, unit or apartment 60 0.7
    House or flat attached to a shop, office 5 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 1401 50.8
    Being purchased 813 29.5
    Fully owned 527 19.1
    Other tenure type 17 0.6
    Tenure Type
Census 2011, ABS
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