Fraud Blocker

Goodna, QLD 4300

Home » QLD Real Estate Data » Ipswich City, QLD » Goodna, QLD 4300

If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for Goodna, QLD 4300 to help you make an informed decision about your property choice in this suburb.





Market Snapshot

This page provides an overview of the area’s real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this suburb. You are able to visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy 

2BR

3BR

4BR

5BR

Rent 

2BR

3BR

4BR

5BR

Yield 

2BR

3BR

4BR

5BR

Buy 

1BR

2BR

3BR

Rent 

1BR

2BR

3BR

Yield 

1BR

2BR

3BR

Lower Risk RCS™

Upgrade to Professional Plan to see the score

Capital Growth RCS™

Upgrade to Professional Plan to see the score

Cashflow RCS™

Upgrade to Professional Plan to see the score

FREE Investment Property Checklist

Secure your golden ticket to property investment success! Get our meticulously crafted Property Investment Checklist upon subscribing to our newsletter. It’s jam-packed with valuable insights from prime locations to specific building nuances.

Essentials
No Price Data
Loading…

Upgrade to Personal Plan to see forecasts on the graph above.

No Rent Data
Loading…

Upgrade to Personal Plan to see forecasts on the graph above.

Upgrade to Personal Plan to see Yield data.
Yield chart
Upgrade to Professional Plan to see Growth Rate Cycle data.
GRC chart
Fundamentals
Upgrade to Personal Plan to see IRSAD data.
IRSAD chart
Upgrade to Personal Plan to see U|H and R|O data.
Renters to owners pie chart
Upgrade to Personal Plan to see U|H and R|O data.
unit to houses pie charts
Upgrade to Personal Plan to see Demand Profile data.
Demand chart
Upgrade to Professional Plan to see Affordability Index data.
Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

Upgrade to Professional Plan to see Stock On Market trend.
SOM chart
Upgrade to Professional Plan to see Inventory trend.
Inventory chart
Upgrade to Professional Plan to see Building Approvals trend.
Inventory chart
Upgrade to Professional Plan to see Hold Period trend.
Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

Upgrade to Professional Plan to see Days On Market trend.
DOM chart
Upgrade to Professional Plan to see Vacancy Rate trend.
Inventory chart
Upgrade to Professional Plan to see Search Index trend.
Index chart
Upgrade to Professional Plan to see Clearance Rate trend.
Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

Have a question? You can either leave a comment below or post it on our forum.

0 thoughts on “Goodna, QLD 4300”

  1. The total adult population (15 years or older) of Goodna 4300 QLD is 7,839, with a median age of 33. Of those, 35.51% are married, 15.09% are divorced or separated, 44.52% are single and 4.87% are widowed.

    The average household size is 2.8 people per dwelling, and the median household monthly income is estimated to be $5,992. The median monthly mortgage repayment for households in this suburb is $1,300 which is 21.70% of their earnings.

    Source: ABS Census Data (2021)

  2. The vibrant suburb of Goodna, nestled in Queensland (QLD), is recognised for its residential appeal and hosts an estimated 4187 households. This review of market statistics for Q3 2023 presents a comprehensive view of the current state of the property market in Goodna, specifically focusing on houses.

    Starting with the basic metrics, the typical price point for houses in Goodna stands at $478,156, while the median weekly rent hovers around $417. This configuration brings forth an impressive indicative yield of 4.53%, catching the eye of cashflow-centred property investors, who typically target markets offering yields above the minimum market requirement of 3%.

    Diving into the socio-economic fabric, Goodna has bagged an IRSAD score of 854 out of 1217, suggesting a fairly balanced access to economic resources and varied professional skill-set among residents. However, the renter to owner ratio is relatively high at 48%, which can suggest potential risk and stiff competition for property investors given that markets with 45% or over are generally considered questionable investments.

    In contrast, there’s a wind of positivity blowing with the lower units to houses ratio standing at 7%. Such a distribution indicates a favourable market condition for investors as it hints at reduced competition for tenants, usually leading to comparatively higher rental yields.

    On the affordability front, the index showcases that it would take an estimated 31 years to fully own a household in Goodna, based on factors like typical property prices, median family income and current interest rates. Unfortunately, this figure spots the suburb in an unfavourable light as it transcends the 30-year benchmark for high affordability.

    Evaluating the supply metrics, houses in Goodna show a stock on market Percentage of 0.82%, which is a neutral value. On the other hand, the inventory level strikes a favourable chord with a low supply underscored by the short span of 1.97 months. Lean pickings can also be seen in the building approvals Ratio for houses, which is a low 0.16%, indicating low supply.

    As for the demand metrics, the aspects are bright for houses in Goodna. The days on market measure ranks a low 28 days, undoubtedly hinting at a high level of demand. The favourable trend continues with the Vacancy Rate, which includes both houses and units, at a mere 0.85%, indicating high demand. The buy search index score of 4 can be considered somewhat neutral.

    In conclusion, while some metrics indicate areas that could be better, notably the renter to owner ratio and the affordability index, the overview of most other metrics tiptoes on the favourable side. It’s essential for investors to keep watch and consider any possible trend changes for these metrics, remembering that a suburb’s overall performance could be determined by a balanced set of factors analysed comprehensively. The HtAG Analytics’ RCS (Relative Composite Score) is a reliable assistant in this regard, automating the analysis using over 80 metrics.

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

Leave a comment