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Goodwood

POSTAL CODE: TAS, 7010
HOUSE

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

The suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $567,500.

The downward trend in home prices in GOODWOOD, 7010 averaged -1.67% per annum over a 3-year period.

Average weekly rents on listings have reached the $550 mark, reflecting a 5.04% increase in returns based on the current median price in GOODWOOD.

An average of 1.33 real estate transactions take place per month in GOODWOOD which translates to 16 per annum.

16 properties were sold in GOODWOOD in 2016, making it the 129th most active market in TAS based on total real estate transactions.

GOODWOOD, 7010 places 121st in Australia based on median property value growth during the quarter.

Surburb overview

Goodwood, with the postcode 7010, is a suburb located approximately 8 kilometres north of Hobart’s central business district in Tasmania. Known for its residential character, proximity to the River Derwent, and easy access to urban amenities, Goodwood offers a balanced lifestyle for its residents. The population of Goodwood is around 1,500 residents, primarily consisting of families, professionals, and retirees, contributing to a diverse and close-knit community.

Goodwood falls under the jurisdiction of the City of Glenorchy, which ensures well-maintained infrastructure and community services. Public transportation is well-served by Metro Tasmania buses, offering regular services to Hobart’s CBD and surrounding suburbs, making commuting convenient for residents. Additionally, the suburb is well-connected by road, with the Brooker Highway providing easy access to Hobart and other nearby areas.

Educational facilities near Goodwood include Goodwood Primary School, which serves the local community and provides a strong educational foundation for young children. For secondary education, students typically attend nearby schools such as Montrose Bay High School and Cosgrove High School. Further educational opportunities are available in Hobart, including the University of Tasmania and various vocational training centres.

For shopping and essential services, Goodwood residents often visit the nearby Glenorchy Central and Northgate Shopping Centre, which offer a variety of retail stores, supermarkets, cafes, and dining options. These centres provide residents with convenient access to everyday needs and more extensive shopping experiences.

Goodwood Park is a popular local spot featuring playgrounds, sports fields, and picnic areas, making it ideal for family outings and outdoor activities. The nearby KGV Sports and Community Centre provides additional facilities for sports and community events.

The suburb’s location along the River Derwent allows for various water-based activities such as fishing, kayaking, and boating. The scenic riverfront provides opportunities for leisurely walks and cycling, offering picturesque views and a peaceful environment for outdoor recreation.

Residents of Goodwood benefit from its proximity to Hobart, allowing easy access to the city’s cultural and recreational attractions, including the Royal Tasmanian Botanical Gardens, the Tasmanian Museum and Art Gallery, and the bustling Salamanca Market. The suburb's strategic location also makes it a convenient base for exploring the natural beauty of the surrounding region, including Mount Wellington and the Derwent Valley.

Goodwood combines the tranquillity of suburban living with the convenience of nearby urban amenities, making it an attractive suburb for a diverse range of residents. The suburb’s natural beauty, recreational opportunities, and community atmosphere enhance its appeal as a desirable place to live within the greater Hobart area.

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