Goodwood
A $2,110,000 median house price in a suburb of 2,823 people compressed into 0.92 km2 positions Goodwood firmly in Adelaide's premium tier, though its income base tells a more nuanced story. Household incomes sit in the 71.8th percentile nationally, meaning prices run well ahead of what local earnings alone would support. University qualifications reach 61.9%, which is 31.8 percentage points above the national figure, and all three SEIFA advantage indexes score at decile 9. The workforce concentrates in Healthcare (19.4%), Professional/Tech (15.1%), and Education (14.8%), giving Goodwood the occupational fingerprint of an inner professional suburb rather than a wealthy dormitory.
Population
2,823
Median Age
40.0
Household IncomeiMedian weekly household income (ABS Census)
$1,918/wk
DAs (12 months)iDevelopment Applications lodged in the past year
64
Median House
$2.1M
Median 1Q 2026
The median house price of $2,110,000 rose 11.1% from $1,900,000 in 1Q 2025, one of the sharper one-year moves for an Adelaide inner suburb. Stock skews toward separate houses at 58.9%, with apartments at 25.1% and semi-detached at 15.7%. Three-bedroom homes dominate at 40.9% of dwellings and two-bedroom at 37.6%, so four-plus bedroom homes are scarce at 15.5%. Monthly mortgage repayments average $2,167, producing a mortgage-to-income ratio of 26.1%, below the 30% stress threshold, though that comfort level assumes a full-income household. Outright owners (34.5%) slightly outnumber mortgage holders (29.3%), suggesting a meaningful share of long-held stock that rarely trades, which keeps supply thin relative to demand.
For Buyers
The median house price of $2,110,000 rose 11.1% from $1,900,000 in 1Q 2025, one of the sharper one-year moves for an Adelaide inner suburb. Stock skews toward separate houses at 58.9%, with apartments at 25.1% and semi-detached at 15.7%. Three-bedroom homes dominate at 40.9% of dwellings and two-bedroom at 37.6%, so four-plus bedroom homes are scarce at 15.5%. Monthly mortgage repayments average $2,167, producing a mortgage-to-income ratio of 26.1%, below the 30% stress threshold, though that comfort level assumes a full-income household. Outright owners (34.5%) slightly outnumber mortgage holders (29.3%), suggesting a meaningful share of long-held stock that rarely trades, which keeps supply thin relative to demand.
For Investors
A 36.2% renter share provides a solid tenant pool, but the investment maths are challenged by the price level. Weekly rent of $355 against a $2,110,000 median implies a gross yield below 0.9%, lower than most Adelaide benchmarks. The 9.3% vacancy rate is elevated compared to the state average, pointing to pockets of softer demand in the apartment segment, which accounts for 25.1% of dwellings. Development activity runs at 56 applications over 12 months for a suburb under 1 km2, largely demolition and alterations rather than new supply, consistent with an established area. Rent-to-income at 18.5% means tenants are not under stress, which supports retention, but yield compression means the investment case depends almost entirely on capital growth rather than rental return.
Development Activity
Total DAs
286
Last 12 Months
64
YoY ChangeiYear-over-year change in DA lodgements
+45.5%
Avg DA CostiAverage estimated cost per DA in the past year
N/A
Monthly DA Lodgements
DA Categories
Schools in Goodwood iICSEA: school advantage index. 1000 = national avg, higher = more advantaged
Goodwood Primary School
R-6 · 408 students
St Thomas' School
R-6 · 297 students
Demographics
The median age of 40 matches the national figure exactly, making Goodwood unusual among premium suburbs, which typically skew older. Overseas-born residents reach 28.2%, which is 6.6 percentage points above the national figure. Ancestry leans Anglo-Celtic, led by English (1,034), Scottish (347), and Irish (299), with German (227) reflecting a broader South Australian heritage pattern. Greek (72 speakers) is the leading non-English language, followed by Mandarin (27) and German (16). University qualifications at 61.9% are 31.8 points above national, driven by a workforce that is 44% Professionals and Managers by occupation. Average household size is 2.2, which is 0.3 below the national figure, fitting the couples-without-children profile that makes up 32.8% of families.
Age Distribution
Bedrooms
Dwelling Structure
58.9%
Houses
15.7%
Townhouse
25.1%
Apartment
Tenure
Tenure splits into three roughly even groups: 34.5% own outright, 29.3% carry a mortgage, and 36.2% rent. The outright-owner share exceeding mortgage holders reflects the older, established character of inner-suburb Adelaide housing stock. Separate houses account for 58.9% of dwellings, higher than many inner suburbs at this price point, which partly explains the premium. Three-bedroom homes are the most common at 40.9%, two-bedroom at 37.6%, and four-plus at only 15.5%. The median house price climbed from $1,900,000 to $2,110,000 between 1Q 2025 and 1Q 2026, an 11.1% gain in one year. Mortgage-to-income at 26.1% sits below the 30% stress threshold, and rent-to-income at 18.5% is also comfortable, suggesting the suburb attracts residents who can absorb housing costs without financial strain.
Median House Price Trend
Source: State Valuer-General
Mortgage / mo
$2,167
Rent / wk
$355
HH Size
2.2
Personal Income / wk
$1,006
Vacancy Ratei% of dwellings unoccupied on Census night (ABS 2021)
9.3%
Unoccupied
124
Rent / IncomeiMedian rent as % of household income. Over 30% = housing stress
18.5%
Mortgage / IncomeiMedian mortgage as % of household income. Over 30% = housing stress
26.1%
Community Profile
Languages Spoken at Home
Ancestry
Household Composition
32.8%
Couples, no children
2,060
Total families
Economy & Employment
Healthcare is the largest employer at 19.4% of workers (236), followed by Professional/Tech at 15.1% (184) and Education at 14.8% (180), with Public Admin contributing 10.2% (124). By occupation, Professionals (625) outnumber all other categories and Managers add 278, together forming more than 60% of the local workforce. The full-time employment rate is 62.1% and unemployment sits at 4.4%, which is moderate rather than low. Volunteering at 21.8% is above the national average, consistent with the professional and educated demographic. SEIFA scores align across all three advantage dimensions: IRSAD decile 9, IEO decile 9, and IRSD decile 9, confirming high advantage on both education/occupation and economic resource measures. Household incomes rank at the 71.8th percentile nationally.
Socio-Economic Indexes (SEIFA)iABS index ranking suburbs from 1 (most disadvantaged) to 10 (most advantaged)
Full-time
62.1%
Part-time
33.5%
Participation
65.2%
Employed
1,489
Occupations
Top Industries
University
61.9%
Postgraduate
20.7%
Born Overseas
28.2%
Dwellings
1,213
Transport to Work
Active transport is notably high: 15.0% of residents walk or cycle to work, well above most suburban norms, and only 73.5% drive, lower than the national car-dependency average. Public transport at 6.3% is modest for an inner suburb, suggesting Goodwood's walkable scale reduces the need for formal transit rather than reflecting poor service. Crime at 58.8 offences per 1,000 residents places the suburb at a level requiring further comparison to SA state averages for full context, though the low 4.9% requiring daily assistance and IRSD decile 9 indicate a low-disadvantage setting. No schools are recorded within the 0.92 km2 boundary, so families rely on institutions in adjacent suburbs, a common trade-off in compact, high-density inner-Adelaide areas. The suburb scores decile 9 on IRSAD nationally, placing it among the most advantaged 10% of suburbs in Australia.
Drive
73.5%
Public Transport
6.3%
Walk / Cycle
15.0%
Work from Home
N/A
Safety & Crime
Total Offences
166
Year ending June 2024
Rate per 1,000 People
58.8
Source: Crime Statistics Agency Victoria / SA Police
National Ranking iPercentile rank among ~15,000 AU suburbs. 90% = higher than 90% of suburbs
How Goodwood compares to ~15,000 Australian suburbs
Frequently Asked Questions
Is Goodwood a good suburb to live in?
Goodwood ranks at SEIFA decile 9 on IRSAD, IEO, and IRSD, placing it among the top 10% of Australian suburbs on advantage. University qualifications reach 61.9%, which is 31.8 points above the national figure. The main trade-offs are a $2,110,000 median house price and a 9.3% vacancy rate in the rental market.
What is the median house price in Goodwood?
The median house price is $2,110,000 as at 1Q 2026, up 11.1% from $1,900,000 in 1Q 2025. Weekly rent averages $355 and monthly mortgage repayments run about $2,167, giving a mortgage-to-income ratio of 26.1%, below the 30% stress threshold.
What schools are in Goodwood?
No schools are recorded within the 0.92 km2 Goodwood boundary in this dataset, so families rely on schools in neighbouring suburbs. Locally, 61.9% of residents hold university qualifications, which is 31.8 points above the national figure, reflecting the suburb's highly educated professional population.
Is Goodwood safe?
Goodwood records 166 total offences, giving a crime rate of 58.8 per 1,000 residents. As a further indicator, the suburb scores IRSD decile 9 nationally, meaning it sits among the least disadvantaged areas in Australia, and only 4.9% of its 2,823 residents require daily assistance.
Is Goodwood good for property investment?
Rent of $355 a week against a $2,110,000 median implies a gross yield below 0.9%, well below typical investment benchmarks. The 9.3% vacancy rate signals some softness in rental demand. Prices rose 11.1% over one year to 1Q 2026, so the investment case is capital growth rather than yield.
How is Goodwood's population changing?
Goodwood has a current population of 2,823 in a 0.92 km2 footprint, giving a density of 3,057 residents per km2. The residential turnover rate is 24.9%, with 75.1% of residents remaining stable year to year, suggesting a settled community rather than a high-churn rental suburb.
How much development is happening in Goodwood?
There were 56 development applications lodged in the past 12 months, high for a suburb under 1 km2. Recent applications include demolitions, pool installations, and carport additions, consistent with renovation activity on existing stock rather than new supply, which is typical for an established inner Adelaide suburb.
How to read these comparisons
Phrases like "above the national average" reference the unweighted median across Australian suburbs with more than 1,000 residents, not population-weighted national figures. Suburb-level medians are more useful for ranking suburbs against each other; ABS census headlines are population-weighted (so dominated by Sydney and Melbourne) and can read very differently.
Current baseline (refreshed 2026-05-10): median age 40, university-educated 30.1%, born overseas 21.6%, average household size 2.5 people.
Data sources: ABS 2021 Census (demographics, income, tenure), state Valuer-General (house prices), Department of Jobs SALM (unemployment), ACARA (school ICSEA), state Crime Statistics agencies (offences), council DA portals (development applications). Population forecasts use a Hamilton-Perry cohort model calibrated to ABS ERP.
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