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Goodwood vs Longford

Property investment comparison - Goodwood, TAS 7010 vs Longford, TAS 7301

Head-to-head across core investment metrics: Goodwood wins 2, Longford wins 2. The better choice depends on whether you're optimising for cash flow, growth, affordability, or liquidity, the table below highlights the winner on each metric.

MetricGoodwoodLongford
Median house price$635K$640K
Median unit price-$495K
Gross rental yield (houses)4.80%4.50%
Gross rental yield (units)5.40%-
1-year house growth+16.2%estimate+16.9%
3-year house growth-+10.0%
Vacancy rate1.9%0.4%
Population1,1424,268

Goodwood vs Longford: what the numbers say

The median house price is $635K in Goodwood and $640K in Longford, so Goodwood is the cheaper entry point, with Longford houses about 1% dearer.

On cash flow, Goodwood leads: houses there return a gross rental yield of 4.80%, compared with 4.50% in Longford, a gap of 0.30 percentage points.

Over the past year house prices moved +16.2% in Goodwood (an estimate) and +16.9% in Longford, so recent momentum favours Longford, although both suburbs recorded growth.

Rental vacancy is 0.4% in Longford and 1.9% in Goodwood, so landlords in Longford face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Longford is the bigger suburb, with a population of 4,268 against 1,142, roughly 3.7 times the size of Goodwood; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Goodwood for rental income, Goodwood for a lower purchase price, Longford for recent price momentum, Longford for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.

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