Goodwood
With a 52.4% renter majority in a suburb where 83.6% of dwellings are separate houses, Goodwood sits in an unusual position for Tasmania: predominantly detached stock occupied mostly by tenants rather than owners. Population density reaches 2,115 people per square kilometre across just 0.54 sq km, making it one of the more compact residential pockets near Hobart. Household income lands in the 21.1st percentile nationally, well below the national average, and the workforce participation rate of 51.6% reflects a high proportion of residents outside the labour force. The median age of 35 is 5 years below the national figure, indicating a younger-than-average demographic profile compared to the rest of Australia.
Population
1,142
Median Age
35.0
Household IncomeiMedian weekly household income (ABS Census)
$1,129/wk
DAs (12 months)iDevelopment Applications lodged in the past year
0
Median house price data is not available for Goodwood in the current dataset, which limits direct price comparison. What the figures do show is that monthly mortgage repayments average $1,222, and the mortgage-to-income ratio sits at 25.0%, below the 30% stress threshold, suggesting those who do buy carry manageable debt loads relative to income. Separate houses account for 83.6% of the stock, with three-bedroom homes the clear majority at 68.9% of dwellings. Only 25.7% of households carry a mortgage, well below the national norm, while 21.9% own outright. The renter share of 52.4% is high, partly because household income in the 21.1st percentile nationally limits deposit accumulation for many residents considering purchase.
For Buyers
Median house price data is not available for Goodwood in the current dataset, which limits direct price comparison. What the figures do show is that monthly mortgage repayments average $1,222, and the mortgage-to-income ratio sits at 25.0%, below the 30% stress threshold, suggesting those who do buy carry manageable debt loads relative to income. Separate houses account for 83.6% of the stock, with three-bedroom homes the clear majority at 68.9% of dwellings. Only 25.7% of households carry a mortgage, well below the national norm, while 21.9% own outright. The renter share of 52.4% is high, partly because household income in the 21.1st percentile nationally limits deposit accumulation for many residents considering purchase.
For Investors
A renter majority of 52.4% gives landlords strong tenant demand, and the weekly rent of $225 reflects Goodwood's positioning as an affordable rental market by national standards. The vacancy rate is 5.2%, above typical healthy-market levels of around 3%, suggesting moderate oversupply that has kept rents from rising sharply. No development applications were recorded in the past 12 months, so new supply is not adding pressure. The suburb's household income in the 21.1st percentile nationally constrains rent growth, but the affordable entry point relative to other Hobart suburbs may attract investors seeking yield over capital growth. With 83.6% of stock in separate houses rather than apartments, the rental base is relatively stable compared to unit-heavy markets.
Demographics
The median age of 35 is 5 years below the national figure, pointing to a younger resident profile. University qualifications reach 30.7%, which is 0.6 percentage points above the national average, a narrow margin that places Goodwood close to the national norm on education attainment. Overseas-born residents account for 23.4% of the population, 1.8 percentage points above national. English and Irish ancestry dominate, with English (430 residents), Irish (95) and Scottish (72) the three largest groups. The Nepali-speaking community of 36 residents is the most visible non-English language group. Hinduism (90 residents) sits alongside Christianity (377) in the religious profile, consistent with the South Asian migrant presence. Average household size of 2.4 is marginally below the national 2.5.
Age Distribution
Bedrooms
Dwelling Structure
83.6%
Houses
10.0%
Townhouse
5.7%
Apartment
Tenure
The tenure split shows a renter-dominated suburb: 52.4% rent, 25.7% carry mortgages and 21.9% own outright. Outright owners being lower than renters is common in lower-income suburbs where the 21.1st percentile household income nationally limits wealth accumulation. The stock is 83.6% separate houses, with semi-detached at 10.0% and apartments at 5.7%. Three-bedroom homes account for 68.9% of all dwellings, making Goodwood predominantly family-sized housing. Monthly mortgage repayments average $1,222, and the mortgage-to-income ratio of 25.0% stays below the stress threshold, so mortgage holders are not under pressure by standard benchmarks. Weekly rent of $225 and a rent-to-income ratio of 19.9% also indicate tenants are not in rent stress relative to their incomes.
Mortgage / mo
$1,222
Rent / wk
$225
HH Size
2.4
Personal Income / wk
$580
Vacancy Ratei% of dwellings unoccupied on Census night (ABS 2021)
5.2%
Unoccupied
24
Rent / IncomeiMedian rent as % of household income. Over 30% = housing stress
19.9%
Mortgage / IncomeiMedian mortgage as % of household income. Over 30% = housing stress
25.0%
Community Profile
Languages Spoken at Home
Ancestry
Household Composition
24.9%
Couples, no children
795
Total families
Economy & Employment
Healthcare is the dominant employer, accounting for 25.5% of local workers (74 residents), well above most suburban averages. Retail (10.7%, 31 workers) and Hospitality (10.0%, 29 workers) follow, reflecting service-sector reliance. Construction (7.9%) and Public Admin (7.2%) round out the top five. By occupation, Community and Personal Service workers lead with 92 employed, followed by Labourers (68) and Sales workers (50). The full-time employment rate of 59.1% is moderate, with 173 residents in part-time work. The unemployment rate of 12.1% is elevated compared to national norms, and the participation rate of 51.6% means 371 residents are outside the labour force entirely, a pattern consistent with the household income sitting in the 21.1st percentile nationally.
Socio-Economic Indexes (SEIFA)iABS index ranking suburbs from 1 (most disadvantaged) to 10 (most advantaged)
Full-time
59.1%
Part-time
28.8%
Participation
51.6%
Employed
423
Occupations
Top Industries
University
30.7%
Postgraduate
12.4%
Born Overseas
23.4%
Dwellings
438
Transport to Work
Car dependency is high with 79.7% of residents commuting by car, compared to 8.2% using public transport and 4.9% walking or cycling. This is consistent with Tasmania's generally lower public transport coverage relative to mainland capitals. No schools are recorded inside Goodwood's 0.54 sq km boundary, so families depend on schools in adjoining suburbs. Detailed crime statistics are not available for the suburb, limiting direct safety comparisons. The rent-to-income ratio of 19.9% and mortgage-to-income ratio of 25.0% both sit below standard stress thresholds, meaning housing costs are manageable for current occupants. About 8.7% of residents (93 people) need daily assistance, which is above the typical rate for younger suburbs and reflects some level of vulnerability in this lower-income community.
Drive
79.7%
Public Transport
8.2%
Walk / Cycle
4.9%
Work from Home
N/A
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 offers affordable rents at $225 per week with a rent-to-income ratio of 19.9%, keeping tenants below financial stress. The suburb has a younger median age of 35, which is 5 years below the national average. Trade-offs include an unemployment rate of 12.1%, limited public transport at 8.2% usage, and household income sitting in the 21.1st percentile nationally.
What is the median house price in Goodwood?
A specific median house price is not recorded in the current dataset for Goodwood TAS. Monthly mortgage repayments average $1,222 and the mortgage-to-income ratio is 25.0%, both below typical stress thresholds. Weekly rent of $225 reflects the suburb's position as an affordable rental market.
What schools are in Goodwood?
No schools are recorded within the 0.54 sq km Goodwood boundary. Families rely on schools in neighbouring Hobart suburbs. Despite this, 30.7% of residents hold university qualifications, which is 0.6 percentage points above the national average, indicating an educated adult population.
Is Goodwood safe?
Detailed crime statistics are not available for Goodwood in this dataset. The suburb has an unemployment rate of 12.1%, which is elevated compared to national norms, and household income in the 21.1st percentile nationally, factors that can correlate with higher crime in similar areas. About 8.7% of residents (93 people) need daily assistance.
Is Goodwood good for property investment?
The 52.4% renter majority provides strong tenant demand, and the rent-to-income ratio of 19.9% shows tenants can sustain payments. However, the vacancy rate of 5.2% is above a healthy 3% threshold, and household income in the 21.1st percentile nationally limits rent growth. No development activity in the past 12 months means existing stock is not being diluted by new supply.
How is Goodwood's population changing?
Detailed population forecast data is unavailable for Goodwood. Current data shows 1,142 residents across 0.54 sq km, with 23.4% born overseas, which is 1.8 percentage points above the national average. A turnover rate of 23.2% suggests moderate residential mobility, while 76.8% of residents stayed at the same address over the five-year Census period.
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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