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Goodwood

POSTAL CODE: SA, 5034
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Property investors have seen a 7.04% gain in GOODWOOD based on an increase in median home prices for the past three months.

Homeowners and real estate investors betting on GOODWOOD, 5034 can rest assured about this SA suburb's performance. The suburb saw median home prices rise by 10.76%.

Based on its average 5-year and quarterly capital gains GOODWOOD, 5034 saw average growth in the long term.

The SA suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $1,672,500

Profits averaged 7.33% per annum over a 3-year period, due to an upward trend in home prices in GOODWOOD, 5034.

This means, real estate investors could earn a rental income of $675 based on current median home prices for the suburb.

The gross rental yield in GOODWOOD, 5034 is 2.1%.

An average of 3 real estate transactions take place per month in GOODWOOD which translates to 36 per annum.

Surburb overview

Goodwood, located just 4 kilometres south of Adelaide’s central business district, is a vibrant and well-established suburb in the City of Unley. Known for its character-filled homes, tree-lined streets, and close-knit community, Goodwood offers a balance of suburban tranquillity with the convenience of being near the city. The suburb has a population of around 2,000 residents, making it a sought-after location for families, professionals, and retirees.

The demographic of Goodwood is diverse, with a mix of younger professionals, families, and older residents. Many homes in the area are owner-occupied, and the suburb features a blend of heritage properties, cottages, and more modern developments. The median age of residents is close to the national average, making it appealing to a wide range of people, including those seeking a peaceful yet lively neighbourhood close to Adelaide’s CBD.

Public transport in Goodwood is excellent, with the Glenelg tramline running through the suburb, providing a direct connection to both the Adelaide CBD and the popular beachside suburb of Glenelg. Additionally, Goodwood Railway Station offers train services on the Seaford and Belair lines, further enhancing commuting options. Several bus routes also serve the area, and the suburb’s proximity to major roads such as Goodwood Road and Anzac Highway provides easy access for those travelling by car.

Goodwood offers a range of local amenities, including cafes, restaurants, and boutique shops along Goodwood Road. The nearby Unley Shopping Centre provides essential services such as supermarkets and specialty stores. The suburb is also home to several recreational areas, including Goodwood Oval, which features sports fields and facilities for community activities. Nearby Orphanage Park and the surrounding green spaces offer further opportunities for outdoor recreation.

Educational facilities in Goodwood include Goodwood Primary School and nearby high schools such as Unley High School, making the suburb an attractive option for families with children. The combination of its charming residential streets, excellent transport links, and proximity to the city and recreational spaces makes Goodwood a highly desirable suburb for a wide range of residents.

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