The Australian central defender made five starts for Dundee United last season, but it was thought he could push Mike Williamson for a first team place in the next campaign.
Alan Pardew is yet to be convinced the lad is Premier League quality, and he is currently SIXTH choice at St James' Park.
Arabs boss Jackie McNamara is believed to be keen to taking him back on loan from Newcastle next season.
Injury brought a premature end to the 20-year-old’s campaign.
A hip problem sustained in his Australia debut against Ecuador cut his loan spell short.
Good is currently in his homeland at a pre-tournament training camp.
He is expected to play some part in Australia’s warm-up game with South Africa at the ANZ Stadium in Sydney.