All About Goodwood, Bundaberg, QLD, 4660

Goodwood, a suburb of Bundaberg in Queensland, offers a unique blend of rural charm and accessibility, making it an attractive option for potential homebuyers seeking a peaceful lifestyle. The housing market in Goodwood is relatively affordable compared to urban areas, with a selection of properties ranging from traditional Queenslander homes to modern builds on larger plots. The market here is characterized by stable growth, reflecting the nationwide trend of increased interest in regional living. As more people seek the tranquility and space offered by rural settings, Goodwood presents an appealing opportunity to enjoy a relaxed lifestyle without the hustle and bustle of city life.

Living in Goodwood is all about embracing a close-knit community and enjoying the natural beauty of the area. Residents benefit from the serenity of a rural environment while remaining within easy reach of Bundaberg's amenities and services. The suburb is surrounded by picturesque landscapes, perfect for outdoor enthusiasts who appreciate activities such as hiking, fishing, and birdwatching. Community events and local markets foster a welcoming atmosphere, making it easy for newcomers to feel at home. With its combination of affordability, community spirit, and proximity to larger urban areas, Goodwood offers a balanced lifestyle for those ready to embrace a quieter pace of life.

Goodwood Real Estate Market Outlook

Thinking about buying in Goodwood? Now could not be a better time, with just 120 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $862,000 with prices in this suburb ranging from $285,000 to $3,562,000. The aproximate distance to the coast is 10 Km.

Consistent high demand relative to supply is a key feature in Goodwood driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Goodwood ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The high percentage of professional people in Goodwood classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Goodwood requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.

Instant Property Valuation

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General Points of Interest

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