Goodwood (SA)

Goodwood 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 ABS population updates and AreaSearch validations, as of Nov 2025, Goodwood (SA) statistical area (Lv2)'s population is estimated at around 3,099. This reflects an increase of 276 people since the 2021 Census, which reported a population of 2,823. The change was inferred from AreaSearch's estimation of 3,090 residents following examination of ABS's latest ERP data release (June 2024) and five additional validated new addresses since the Census date. This level of population results in a density ratio of 3,368 persons per square kilometer, placing it in the upper quartile relative to national locations assessed by AreaSearch. Goodwood (SA)'s growth of 9.8% since the 2021 census exceeded its SA3 area's growth of 6.5%, as well as the state's growth rate. Overseas migration contributed approximately 99.0% of overall population gains during recent periods, driving primary population growth in the area.

AreaSearch adopts 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, SA State Government's Regional/LGA projections by age category are adopted, released in 2023 and based on 2021 data, with adjustments made using weighted aggregation methods from LGA to SA2 levels. Future population dynamics anticipate a growth increase just below the median of statistical areas analysed by AreaSearch, expecting the area's population to grow by 191 persons to reach 3,280 by 2041 based on aggregated SA2-level projections, reflecting an overall decrease of approximately 0.3% over the 17-year period.

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

AreaSearch analysis of ABS building approval numbers shows Goodwood had approximately 16 residential properties granted approval annually. Around 80 homes were approved over the past five financial years, from FY-21 to FY-25, and 33 have been approved so far in FY-26. On average, 0.3 new residents per year per dwelling constructed over these five years indicates supply meeting or exceeding demand, offering greater buyer choice while supporting potential population growth.

The average construction value of new properties is $576,000, suggesting developers focus on the premium market with high-end developments. This financial year has seen $3.2 million in commercial approvals, indicating limited commercial development focus. Compared to Greater Adelaide, Goodwood records 78.0% more construction activity per person, providing greater choice for buyers. New building activity consists of approximately 53.0% detached houses and 47.0% townhouses or apartments, offering a blend of attached housing types across various price ranges.

The location has around 214 people per dwelling approval, indicating room for growth despite population projections showing stability or decline, potentially reducing housing demand pressures to benefit potential buyers.

Goodwood has emerging levels of nearby infrastructure activity, ranking in the 34thth percentile nationally

Changes to local infrastructure significantly influence an area's performance. AreaSearch has identified two major projects likely impacting the region: The Locale (Forestville Project) and Goodwood Oval Sporting Precinct Revitalisation. Other notable projects include Carmelite Retirement Living and Tram Grade Separation Projects, with specific details listed below.

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.

The labour market strength in Goodwood positions it well ahead of most Australian regions

Goodwood has a highly educated workforce with strong representation in professional services. Its unemployment rate was 2.4% in the past year, with an estimated employment growth of 2.8%.

As of September 2025, 1,776 residents are employed, with an unemployment rate of 1.6%, lower than Greater Adelaide's rate of 3.9%. Workforce participation is high at 68.4%, compared to Greater Adelaide's 61.7%. Leading employment industries among residents include health care & social assistance, education & training, and professional & technical services. The area shows strong specialization in professional & technical services, with an employment share of 1.7 times the regional level.

However, construction has lower representation at 4.2% compared to the regional average of 8.7%. While local employment opportunities exist, many residents commute elsewhere for work based on Census working population data. In the 12-month period ending September 2025, employment in Goodwood increased by 2.8%, and labour force grew by 2.7%, keeping the unemployment rate relatively stable. In comparison, Greater Adelaide recorded employment growth of 3.0% and labour force growth of 2.9%, with a fall in unemployment of 0.1 percentage points. State-level data to 25-Nov-25 shows South Australia's employment grew by 1.19% year-on-year, adding 10,710 jobs, with the state unemployment rate at 4.0%. This compares favourably to the national unemployment rate of 4.3%, with the state's employment growth outpacing the national average of 0.14%. Jobs and Skills Australia's national employment forecasts from May-25 suggest that national employment will expand by 6.6% over five years and 13.7% over ten years. Applying these projections to Goodwood's employment mix, local employment is estimated to increase by 7.1% over five years and 14.6% over ten years.

Income analysis reveals strong economic positioning, with the area outperforming 60% of locations assessed nationally by AreaSearch

AreaSearch's latest postcode level ATO data for financial year ending June 2023 shows that Goodwood suburb has high incomes nationally. The median income is $60,779 and the average income stands at $88,747. This contrasts with Greater Adelaide's figures of a median income of $54,808 and an average income of $66,852. Based on Wage Price Index growth of 8.8% since financial year ending June 2023, current estimates would be approximately $66,128 (median) and $96,557 (average) as of September 2025. According to the 2021 Census, personal income ranks at the 79th percentile ($1,006 weekly), while household income sits at the 60th percentile. Income brackets indicate that the $1,500 - 2,999 bracket dominates with 32.0% of residents (991 people). After housing costs, 85.8% of income remains for other expenses. The area's SEIFA income ranking places it in the 8th decile.

Goodwood displays a diverse mix of dwelling types, with a higher proportion of rental properties than the broader region

Goodwood's dwelling structures, as per the latest Census, consisted of 58.9% houses and 41.1% other dwellings. In comparison, Adelaide metro had 59.2% houses and 40.9% other dwellings. Home ownership in Goodwood was at 34.9%, with mortgaged dwellings at 28.9% and rented ones at 36.3%. The median monthly mortgage repayment was $2,167, aligning with Adelaide metro's average. The median weekly rent figure was $355, compared to Adelaide metro's $350. Nationally, Goodwood's mortgage repayments were higher than the Australian average of $1,863, while rents were lower than the national figure of $375.

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

Family households account for 63.2% of all households, including 25.5% couples with children, 27.9% couples without children, and 7.9% single parent families. Non-family households make up the remaining 36.8%, with lone person households at 30.6% and group households comprising 6.5%. The median household size is 2.2 people, which is smaller than the Greater Adelaide average of 2.3.

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

Goodwood's educational attainment exceeds broader standards significantly. Among residents aged 15+, 54.2% possess university qualifications, outpacing South Australia's (SA) 25.7% and the Greater Adelaide's 28.9%. This educational edge positions Goodwood favourably for knowledge-based prospects. Bachelor degrees are most prevalent at 32.1%, followed by postgraduate qualifications (16.2%) and graduate diplomas (5.9%).

Vocational pathways account for 20.0% of qualifications among those aged 15+, with advanced diplomas at 9.3% and certificates at 10.7%. Educational participation is notably high, with 27.3% of residents currently enrolled in formal education. This includes 8.6% in tertiary education, 8.0% in primary education, and 5.4% 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 shows 13 active stops operating within Goodwood. These include a mix of train and bus services. There are 23 individual routes servicing these stops, providing a total of 3,294 weekly passenger trips.

Transport accessibility is rated as good, with residents typically located 226 meters from the nearest stop. Service frequency averages 470 trips per day across all routes, equating to approximately 253 weekly trips per individual stop.

The level of general health in Goodwood is notably higher than the national average with both young and old age cohorts seeing low prevalence of common health conditions

Goodwood shows superior health outcomes for both young and elderly populations, with low prevalence of common conditions. Private health cover is exceptionally high at approximately 62% (1,921 people), compared to Greater Adelaide's 68.0%. Nationally, it stands at 55.7%.

Mental health issues affect 9.3%, asthma impacts 7.1%, while 70.4% report no medical ailments, slightly higher than Greater Adelaide's 69.9%. The area has 20.1% (622 people) aged 65 and over, lower than Greater Adelaide's 22.6%. Seniors' health outcomes are notably strong, outperforming the general population in health metrics.

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

Goodwood's population shows higher cultural diversity than most local markets, with 28.2% born overseas and 21.7% speaking languages other than English at home. Christianity is the predominant religion in Goodwood, accounting for 37.4%. Hinduism, however, is slightly overrepresented compared to Greater Adelaide, making up 2.7% of Goodwood's population versus 2.4%.

The top three ancestry groups are English (25.9%), Australian (19.5%), and Other (9.0%). Notably, Polish (1.7%) and Greek (5.3%) ethnicities are overrepresented in Goodwood compared to regional averages of 1.0% and 4.0%, respectively. Russian ethnicity is also slightly overrepresented at 0.6%.

Goodwood's population is slightly older than the national pattern

The median age in Goodwood is 40 years, similar to Greater Adelaide's average of 39 years but somewhat older than Australia's average of 38 years. The 65-74 age group constitutes 11.7% of the population in Goodwood compared to Greater Adelaide, while the 15-24 cohort makes up 10.5%. According to post-2021 Census data, the 75 to 84 age group has grown from 4.5% to 6.1%, and the 55 to 64 cohort has declined from 12.5% to 11.6%. Population forecasts for 2041 suggest significant demographic changes in Goodwood, with the 75 to 84 group expected to grow by 39% (72 people), reaching 262 from 189. Notably, the combined age groups of 65 and above will account for 100% of total population growth, indicating an aging demographic profile in the area. Conversely, the 0 to 4 and 5 to 14 cohorts are projected to experience population declines.