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

The population of Goodwood - Millswood, as per AreaSearch's analysis, was approximately 18,510 by May 2026. This figure represents a rise of 860 individuals (4.9%) since the 2021 Census, which recorded a population of 17,650. The increase is inferred from the estimated resident population of 18,506 in June 2025 and an additional 51 validated new addresses since the Census date. This results in a density ratio of 2,570 persons per square kilometer, placing Goodwood - Millswood in the upper quartile compared to other locations assessed by AreaSearch. The area's 4.9% growth since the census is within 0.5 percentage points of its SA3 area (5.4%), indicating strong population growth fundamentals. Overseas migration contributed approximately 99.3% of overall population gains during recent periods, driving primary population growth in Goodwood - Millswood.

AreaSearch uses ABS/Geoscience Australia projections for each SA2 area, released in 2024 with a base year of 2022. For areas not covered by this data and years post-2032, the SA State Government's Regional/LGA projections by age category are adopted, based on 2021 data and released in 2023, with adjustments made using a method of weighted aggregation of population growth from LGA to SA2 levels. Looking ahead, population projections indicate an increase just below the median of national areas, with Goodwood - Millswood expected to grow by 1,366 persons to 2041 based on the latest annual ERP population numbers, reflecting a total increase of 7.4% over the 16-year period.

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

Goodwood - Millswood has seen approximately 50 dwellings granted development approval annually. Over the past five financial years, from FY-21 to FY-25251 homes received approval, with a further 148 approved in FY-26 as of now. On average, around 1.2 people have moved to the area per dwelling built over these five years. However, this figure has increased to 4.6 people per dwelling over the past two financial years, suggesting growing popularity and potential undersupply.

New properties are constructed at an average expected cost of $434,000, indicating a focus on the premium market by developers. In FY-26, commercial development approvals totalled $9.6 million, reflecting steady investment activity in this sector. Compared to Greater Adelaide, Goodwood - Millswood shows 11.0% lower construction activity per person but ranks at the 44th percentile nationally, suggesting limited buyer options while demand for established dwellings strengthens. This could indicate market maturity and potential development constraints.

New developments consist of 56.0% detached dwellings and 44.0% attached dwellings, offering a mix of medium-density housing options across various price brackets. The area's population is projected to increase by 1,362 residents by 2041, according to the latest AreaSearch quarterly estimate. Current development levels appear aligned with future requirements, maintaining stable market conditions without significant price pressures.

Goodwood - Millswood has emerging levels of nearby infrastructure activity, ranking in the 33rdth percentile nationally

"Infrastructure changes significantly influence an area's performance. AreaSearch identified 16 projects likely impacting this region. Key projects include Unley Central, The Locale (Forestville Project), Goodwood Oval Sporting Precinct Revitalisation, and Wayville Reserve Upgrade.".

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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 well-represented. Unemployment rate was 2.4% in December 2025, lower than Greater Adelaide's 3.8%. Employment grew by 5.3% over the past year.

As of December 2025, 10,997 residents were employed with an unemployment rate of 1.5%, and workforce participation at 71.1%. Moderate home work prevalence was noted, potentially influenced by Covid-19 lockdowns. Key employment sectors are health care & social assistance, professional & technical, and education & training. The area specializes in professional & technical jobs with an employment share of 1.7 times the regional level, while construction has limited presence at 5.6% compared to 8.7% regionally.

Many residents commute elsewhere for work based on Census data comparison. Over December 2024 to December 2025, employment increased by 5.3%, labour force by 5.3%, keeping unemployment relatively stable. In Greater Adelaide, employment grew by 4.2%, labour force expanded by 3.9%, and unemployment fell by 0.3 percentage points. National employment forecasts from May-25 project a 6.6% growth over five years and 13.7% over ten years. Applying these projections to Goodwood-Millswood's employment mix suggests local employment should increase by 7.2% over five years and 14.7% over ten years, though this is a simple weighting extrapolation for illustrative purposes.

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

The Goodwood-Millswood SA2 had a median taxpayer income of $61,485 and an average income of $90,994 in the latest postcode level ATO data aggregated by AreaSearch for financial year 2023. 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 10.17% since financial year 2023, current estimates would be approximately $67,738 (median) and $100,248 (average) as of March 2026. Census 2021 income data shows household, family and personal incomes in Goodwood-Millswood cluster around the 71st percentile nationally. Distribution data shows 29.3% of the population (5,423 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

In Goodwood-Millswood, as per the latest Census evaluation, 61.3% of dwellings were houses with the remaining 38.7% being semi-detached, apartments, or other types. This contrasts with Adelaide metro's figures of 75.2% houses and 24.9% other dwellings. Home ownership in Goodwood-Millswood stood at 37.2%, with mortgaged properties at 30.3% and rented ones at 32.5%. The median monthly mortgage repayment was $2,031, higher than Adelaide metro's average of $1,562. The median weekly rent in Goodwood-Millswood was $340, compared to Adelaide metro's $320. Nationally, Goodwood-Millswood's mortgage repayments exceeded the Australian average of $1,863 while rents were lower than the national figure of $375.

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

Family households account for 65.4% of all households, including 28.1% couples with children, 28.0% couples without children, and 8.1% single parent families. Non-family households constitute the remaining 34.6%, with lone person households at 29.9% and group households comprising 4.7%. The median household size is 2.3 people, which 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 shows a significant advantage with 48.9% of residents aged 15 years and over holding university qualifications, compared to the broader state figure of 25.7% and the Greater Adelaide average of 28.9%. Bachelor degrees are the most common at 30.6%, followed by postgraduate qualifications (13.3%) and graduate diplomas (5.0%). Vocational pathways account for 22.1% of qualifications, with advanced diplomas at 9.4% and certificates at 12.7%. Educational participation is high, with 28.3% of residents currently enrolled in formal education, including 8.6% in tertiary education, 8.2% in primary education, and 6.8% pursuing secondary education.

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

The transport analysis indicates that there are 93 active transport stops operating within Goodwood - Millswood. These stops offer a mix of train, light rail, and bus services. The area is served by 58 individual routes, collectively facilitating 6,100 weekly passenger trips. Transport accessibility in the region is rated as good, with residents typically residing within 200 meters of their nearest transport stop. As a predominantly residential area, most residents commute outward from Goodwood - Millswood. The primary mode of transportation remains car usage at 73%, followed by bus at 7% and cycling at 6%.

Vehicle ownership averages 1.2 per dwelling, which is below the regional average. According to the 2021 Census, some 15.3% of residents work from home, a figure that may reflect COVID-19 conditions. Service frequency across all routes averages 871 trips per day, 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. Mortality rates and chronic condition prevalence were low across both young and old age cohorts. Private health cover was exceptionally high at approximately 66% of the total population (12,198 people), compared to 52.7% across Greater Adelaide and a national average of 55.7%.

The most common medical conditions were mental health issues and arthritis, impacting 8.1 and 7.0% of residents respectively. 71.2% of residents declared themselves completely clear of medical ailments, compared to 67.9% across Greater Adelaide. Working-age residents had low chronic condition prevalence. The area has 21.5% of residents aged 65 and over (3,983 people), higher than the 19.2% in Greater Adelaide. Health outcomes among seniors were 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 has a higher cultural diversity compared to most local areas, with 24.5% of its population born overseas and 18.2% speaking a language other than English at home. Christianity is the predominant religion in Goodwood-Millswood, accounting for 42.3% of the population. Judaism shows an overrepresentation, comprising 0.2% compared to the regional average of 0.1%.

The top three ancestry groups are English (27.2%), Australian (21.6%), and Other (8.5%). Notably, Greek (4.2%) and German (5.9%) ethnicity are overrepresented in Goodwood-Millswood compared to Greater Adelaide averages of 2.0% and 5.1%, respectively.

Goodwood - Millswood's median age exceeds the national pattern

The median age in Goodwood - Millswood is 42, surpassing Greater Adelaide's figure of 39 and the national norm of 38. The 65-74 age group comprises 11.4%, higher than Greater Adelaide, while the 5-14 cohort stands at 10.2%. Post-2021 Census, the 75 to 84 age group grew from 5.7% to 7.5%. Conversely, the 55 to 64 group decreased from 13.1% to 12.0%, and the 45 to 54 group dropped from 13.0% to 11.9%. By 2041, demographic modeling projects significant changes in Goodwood - Millswood's age profile. Leading this shift, the 75 to 84 group is expected to grow by 40%, reaching 1,957 from 1,393. The aging population trend is evident, with those aged 65 and above accounting for 74% of projected growth. Meanwhile, the 35 to 44 and 0 to 4 age cohorts are predicted to experience population declines.