Goodwood vs Hyde Park

Goodwood (median $1,355,000) is roughly 20% cheaper to buy into than Hyde Park ($1,688,000).

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Goodwood and Hyde Park side by side

MeasureGoodwoodHyde Park
Price and market
Median house$1,355,000$1,688,000
Median unit$333,360$377,280
House price change, 12 months-12.3%–
Renting
House rent$650/wk$750/wk
Unit rent$530/wk$560/wk
Owner occupied63.0%68.0%
Renter occupied36.0%28.0%
Schools
Schools nearby2020
Average ICSEA11161119
Lifestyle and people
Walk score100100
Transit score00
Bike score100100
Population2,8231,660
Median age4045
Climate
Annual rainfall508 mm508 mm
Mean max, January29.4°C29.4°C

Green dot: better on that measure (lower price, higher growth, higher walkability, lower risk). Each suburb’s profile gives the source and period of its figures.

Which suits whom

On school quality, the average ICSEA across schools serving Hyde Park (1119) sits above Goodwood (1116).

For buyers
Goodwood is the lower entry point at $1,355,000 median, 20% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
For investors
Goodwood offers the higher gross rental yield (2.49% vs 2.31%), favouring cash-flow investors.
For families
Hyde Park edges out on average school ICSEA (1119 vs 1116).

Goodwood vs Hyde Park: common questions

Is Goodwood or Hyde Park cheaper to buy in?

Goodwood has the lower median house price at $1,355,000, roughly 20% below Hyde Park ($1,688,000). The gap on units is usually similar but worth checking on the full suburb profiles.

Does Goodwood or Hyde Park have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Hyde Park scores 1119 vs 1116 in Goodwood. ICSEA is a school-community indicator, not a quality rating, so always check NAPLAN results and catchment boundaries for the specific address you're considering.

Which suburb has higher rental yield, Goodwood or Hyde Park?

Gross rental yield on houses is 2.49% in Goodwood vs 2.31% in Hyde Park. Gross yield equals annual rent divided by purchase price. Net yield (after strata, rates, insurance, agent fees and maintenance) typically runs 1.5-2 percentage points lower.

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