I love woodworking as well, and have completed a few little projects since buying a house and finally having a garage/workshop.

But, if that's not something you have the space/money for yet, I think that cooking is a nice substitute hobby. There's a lot to learn with tools and technique, and you get the immediate satisfaction of seeing (and tasting!) your finished product.

Just be careful though -- I've injured myself many more times in the kitchen than in the garage.