Goodwood - Millswood

Goodwood - Millswood is positioned among the lower quartile of areas assessed nationally for population growth based on AreaSearch's assessment of recent, and medium term trends

Based on AreaSearch's analysis, Goodwood - Millswood's population is around 18,457 as of Feb 2026. This reflects an increase of 807 people (4.6%) since the 2021 Census, which reported a population of 17,650 people. The change is inferred from the estimated resident population of 18,308 from the ABS as of June 2024 and an additional 45 validated new addresses since the Census date. This population level equates to a density ratio of 2,563 persons per square kilometer, placing it in the upper quartile relative to national locations assessed by AreaSearch. Goodwood - Millswood's 4.6% growth since the census positions it within 2.0 percentage points of the SA3 area (6.6%), demonstrating competitive growth fundamentals. Population growth for the area was primarily driven by overseas migration, which contributed approximately 99.2% of overall population gains during recent periods.

AreaSearch adopts ABS/Geoscience Australia projections for each SA2 area, as released in 2024 with 2022 as the base year. For any SA2 areas not covered by this data, and for years post-2032, the SA State Government's Regional/LGA projections by age category, released in 2023 and based on 2021 data, are adopted with adjustments made employing a method of weighted aggregation of population growth from LGA to SA2 levels. Looking at population projections moving forward, a population increase just below the median of national areas is expected, with the area expected to increase by 1,512 persons to 2041 based on the latest annual ERP population numbers, reflecting an increase of 7.4% in total over the 17 years.

Residential development activity is lower than average in Goodwood - Millswood according to AreaSearch's national comparison of local real estate markets

Goodwood - Millswood has experienced around 50 dwellings receiving development approval annually, with 251 homes approved over the past 5 financial years (between FY-21 and FY-25) and 93 so far in FY-26. With an average of 1.2 people per year moving to the area for each dwelling built over the past 5 financial years (between FY-21 and FY-25), supply and demand appear well-balanced, creating stable market conditions, though recent data shows this has intensified to 4.6 people per dwelling over the past 2 financial years, indicating growing popularity and potential undersupply. New properties are constructed at an average value of $434,000, showing that developers are focusing on the premium market with high-end developments. Additionally, $9.6 million in commercial development approvals have been recorded this financial year, indicating steady commercial investment activity.

When measured against Greater Adelaide, Goodwood - Millswood shows 11.0% lower construction activity (per person) and places within the 44th percentile of areas assessed nationally, meaning somewhat limited buyer options while strengthening demand for established dwellings. This level is likewise lower than the national average, reflecting market maturity and pointing to possible development constraints. New development consists of 56.0% detached dwellings and 44.0% attached dwellings, showing an expanding range of medium-density options creating a mix of opportunities across price brackets, from traditional family housing to more affordable compact alternatives. At around 444 people per approval, Goodwood - Millswood indicates a mature market.

Future projections show Goodwood - Millswood adding 1,363 residents by 2041 (from the latest AreaSearch quarterly estimate). Existing development levels seem aligned with future requirements, maintaining stable market conditions without significant price pressures.

Goodwood - Millswood has emerging levels of nearby infrastructure activity, ranking in the 30thth percentile nationally

Nothing can influence an area's performance as much as changes to local infrastructure, major projects, and planning initiatives. In total 16 projects have been identified by AreaSearch that are likely to have an impact on the area. Key projects include Unley Central, The Locale (Forestville Project), Goodwood Oval Sporting Precinct Revitalisation, and Wayville Reserve Upgrade, with the list below detailing those likely to be of most relevance.

Professional plan users can use the search below to filter and access additional projects.

Denotes AI-based impression for illustrative purposes only, not to be taken as definitive under any circumstances. Please follow links and conduct other investigations from the project's source for actual imagery. Developers and project owners wishing us to use original imagery please Contact Us and we will do so.

AreaSearch analysis of employment trends sees Goodwood - Millswood performing better than 85% of local markets assessed across Australia

Goodwood - Millswood has a highly educated workforce, with professional services showing strong representation, an unemployment rate of just 2.4%, and 5.3% in estimated employment growth over the past year. As of December 2025, 10,997 residents are in work while the unemployment rate is 1.5% below Greater Adelaide's rate of 3.8%, and workforce participation is fairly standard (72.0% compared to Greater Adelaide's 67.2%). Based on Census responses, a moderate 15.3% of residents were found to work from home, though Covid-19 lockdown impacts should be considered.

Employment among residents is concentrated in health care & social assistance, professional & technical, and education & training. The area has a particular employment specialization in professional & technical, with an employment share of 1.7 times the regional level. Meanwhile, construction has a limited presence with 5.6% employment compared to 8.7% regionally. While local employment opportunities exist in the area, it appears many residents commute elsewhere for work, based on the count of Census working population to local population.

Based on AreaSearch analysis of SALM and ABS data, over the 12 months to December 2025, employment increased by 5.3% while the labour force increased by 5.3%, keeping the unemployment rate relatively stable. This compares to Greater Adelaide, where employment grew by 4.2%, the labour force expanded by 3.9%, and unemployment fell 0.3 percentage points. Jobs and Skills Australia's national employment forecasts from May-25 can offer further insight into potential future demand within Goodwood - Millswood. These projections, covering five and ten-year periods, have been mapped against the local employment profile to estimate growth patterns. While national employment is forecast to expand by 6.6% over five years and 13.7% over ten years, growth rates differ significantly between industry sectors. Applying these industry-specific projections to Goodwood - Millswood's employment mix suggests local employment should increase by 7.2% over five years and 14.7% over ten years (please note this is a simple weighting extrapolation for illustrative purposes and does not take into account localised population projections).

The area exhibits notably strong income performance, ranking higher than 70% of areas assessed nationally through AreaSearch analysis

The Goodwood - Millswood SA2 shows a median taxpayer income of $61,485 and an average of $90,994 according to the latest postcode level ATO data aggregated by AreaSearch for FY-23. This is among the highest in Australia, contrasting with Greater Adelaide's median income of $54,808 and average income of $66,852. Based on Wage Price Index growth of 8.8% since FY-23, current estimates would be approximately $66,896 (median) and $99,001 (average) as of September 2025. Census 2021 income data shows household, family and personal incomes in the Goodwood - Millswood cluster around the 71st percentile nationally. Distribution data shows 29.3% of the population (5,407 individuals) fall within the $1,500 - 2,999 income range, consistent with broader trends across regional levels showing 31.8% in the same category. The substantial proportion of high earners (32.1% above $3,000/week) indicates strong economic capacity throughout the district. After housing costs, residents retain 87.4% of income, reflecting strong purchasing power, and the area's SEIFA income ranking places it in the 8th decile.

Goodwood - Millswood displays a diverse mix of dwelling types, with above-average rates of outright home ownership

Dwelling structure within Goodwood - Millswood, as evaluated at the latest Census, comprised 61.3% houses and 38.7% other dwellings (semi-detached, apartments, 'other' dwellings), in comparison to Adelaide metro's 75.2% houses and 24.9% other dwellings. Meanwhile, the level of home ownership within Goodwood - Millswood was well beyond that of Adelaide metro, at 37.2%, with the remainder of dwellings either mortgaged (30.3%) or rented (32.5%). The median monthly mortgage repayment in the area was well above the Adelaide metro average at $2,031, while the median weekly rent figure was recorded at $340, compared to Adelaide metro's $1,562 and $320. Nationally, Goodwood - Millswood's mortgage repayments are higher than the Australian average of $1,863, while rents are less than the national figure of $375.

Goodwood - Millswood features high concentrations of group households, with a lower-than-average median household size

Family households dominate at 65.4% of all households, comprising 28.1% couples with children, 28.0% couples without children, and 8.1% single parent families. Non-family households make up the remaining 34.6%, with lone person households at 29.9% and group households comprising 4.7% of the total. The median household size of 2.3 people is smaller than the Greater Adelaide average of 2.5.

Goodwood - Millswood shows strong educational performance, ranking in the upper quartile nationally when assessed across multiple qualification and achievement indicators

Educational attainment in Goodwood - Millswood significantly surpasses broader benchmarks, with 48.9% of residents aged 15+ holding university qualifications compared to 25.7% in SA and 28.9% in Greater Adelaide. This substantial educational advantage positions the area strongly for knowledge-based opportunities. Bachelor degrees lead at 30.6%, followed by postgraduate qualifications (13.3%) and graduate diplomas (5.0%). Vocational pathways account for 22.1% of qualifications among those aged 15+ – advanced diplomas (9.4%) and certificates (12.7%).

Educational participation is notably high, with 28.3% of residents currently enrolled in formal education. This includes 8.6% in tertiary education, 8.2% in primary education, and 6.8% pursuing secondary education.

Transport servicing is good compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility

Public transport analysis reveals 93 active transport stops operating within Goodwood - Millswood, comprising a mix of train, light rail and buses. These stops are serviced by 58 individual routes, collectively providing 6,100 weekly passenger trips. Transport accessibility is rated as good, with residents typically located 200 meters from the nearest transport stop. As a primarily residential area, most residents commute outward; the car remains the dominant mode at 73%, with 7% by bus and 6% cycling. Vehicle ownership averages 1.2 per dwelling, below the regional average. Some 15.3% of residents work from home (2021 Census; may reflect COVID-19 conditions).

Service frequency averages 871 trips per day across all routes, equating to approximately 65 weekly trips per individual stop.

Goodwood - Millswood's residents are extremely healthy with both young and old age cohorts seeing low prevalence of common health conditions

Analysis of health metrics shows strong performance throughout Goodwood - Millswood, based on AreaSearch's assessment of mortality rates and chronic condition prevalence. Both young and old age cohorts see low prevalence of common health conditions, and the rate of private health cover is exceptionally high at approximately 66% of the total population (12,163 people). This compares to 52.7% across Greater Adelaide. The national average is 55.7%.

The most common medical conditions in the area are mental health issues and arthritis, impacting 8.1 and 7.0% of residents, respectively, while 71.2% declared themselves as completely clear of medical ailments compared to 67.9% across Greater Adelaide. Working-age residents are notably healthy with low chronic condition prevalence. The area has 21.7% of residents aged 65 and over (4,005 people), which is higher than the 19.3% in Greater Adelaide. Health outcomes among seniors are particularly strong, with national rankings even higher than the general population.

The level of cultural diversity witnessed in Goodwood - Millswood was found to be slightly above average when compared nationally for a number of language and cultural background related metrics

Goodwood - Millswood is more culturally diverse than the vast majority of local markets, with 24.5% of its population born overseas and 18.2% speaking a language other than English at home. The main religion in Goodwood - Millswood is Christianity, which makes up 42.3% of the population. However, the most apparent overrepresentation is in Judaism, which comprises 0.2% of the population, compared to 0.1% across Greater Adelaide.

In terms of ancestry (country of birth of parents), the top three represented groups in Goodwood - Millswood are English, comprising 27.2% of the population, Australian, comprising 21.6% of the population, and Other, comprising 8.5% of the population. Additionally, there are notable divergences in the representation of certain other ethnic groups: Greek is notably overrepresented at 4.2% of Goodwood - Millswood (vs 2.0% regionally), Polish at 1.1% (vs 1.0%) and German at 5.9% (vs 5.1%).

Goodwood - Millswood's median age exceeds the national pattern

With a median age of 42, Goodwood - Millswood modestly exceeds the Greater Adelaide figure of 39 and substantially exceeds the national norm of 38. The 65 - 74 age group shows strong representation at 11.5% compared to Greater Adelaide, whereas the 5 - 14 cohort is less prevalent at 10.3%. Following the 2021 Census, the 75 to 84 age group has grown from 5.7% to 7.6% of the population. Conversely, the 55 to 64 cohort has declined from 13.1% to 12.0%. Demographic modeling suggests Goodwood - Millswood's age profile will evolve significantly by 2041. Leading the demographic shift, the 75 to 84 group will grow by 40% (569 people), reaching 1,980 from 1,410. The aging population dynamic is clear, with those 65+ comprising 74% of projected growth. Meanwhile, the 35 to 44 and 0 to 4 cohorts are expected to experience population declines.