Goodwood is a suburb of Hobart

Hobart

Hobart is the state capital and most populous city of the Australian island state of Tasmania. Founded in 1804 as a penal colony,Hobart is Australia's second oldest capital city after Sydney. In 2009, the city had a greater area population of approximately 212,019. A resident of Hobart is known as...

, Tasmania

Tasmania

Tasmania is an Australian island and state. It is south of the continent, separated by Bass Strait. The state includes the island of Tasmania—the 26th largest island in the world—and the surrounding islands. The state has a population of 507,626 , of whom almost half reside in the greater Hobart...

, Australia

Australia

Australia , officially the Commonwealth of Australia, is a country in the Southern Hemisphere comprising the mainland of the Australian continent, the island of Tasmania, and numerous smaller islands in the Indian and Pacific Oceans. It is the world's sixth-largest country by total area...

. It is part of the City of Glenorchy

City of Glenorchy

The City of Glenorchy is a Local Government Area of Tasmania which covers several northern suburbs of Hobart including the suburb of Glenorchy by the same name. The city is managed by Glenorchy City Council. Current mayor is Stuart Slade.- History :...

.

The small residential suburb starts just south-east of the Brooker Highway

Brooker Highway

The Brooker Highway is a highway in the State of Tasmania, Australia. Also known as the Northern Outlet, the highway is the major arterial route through Hobart's northern suburbs and is Hobart's major road connection to the cities and towns of Northern Tasmania...

 and Goodwood Road

Goodwood Road, Tasmania

Goodwood Road is a 4 lane link road that connects the City of Glenorchy to the City of Clarence in the greater area of Hobart, Tasmania. Using the Bowen Bridge the road travels over the Derwent River in semi-highway road layout...

 junction. It is best known for its annual Christmas light decorations. Most houses in Goodwood were built in the 1950s as public housing

Public housing

Public housing is a form of housing tenure in which the property is owned by a government authority, which may be central or local. Social housing is an umbrella term referring to rental housing which may be owned and managed by the state, by non-profit organizations, or by a combination of the...

. The suburb is also home to light industry and docks. An Anglican

Anglicanism

Anglicanism is a tradition within Christianity comprising churches with historical connections to the Church of England or similar beliefs, worship and church structures. The word Anglican originates in ecclesia anglicana, a medieval Latin phrase dating to at least 1246 that means the English...

Church and two Primary Schools are also located in the suburb.
Goodwood is a dream suburb, and low house prices should be taken advantage of, before the boom hits again in early 2012.