Ostojić was born on 20 January 1962 in Bačko Dobro Polje, AP Vojvodina, PR Serbia, FPR Yugoslavia.

After finishing high school, he entered the Military Academy and chose the infantry major.

During the Yugoslav Wars, he participated in risky operations such as the evacuation of the Cerkalije airport, then in actions in Bihać, Pula, Zemunik near Zadar.

Today, the Goran Ostojić Elementary School in Jagodina bears his name, as does a detachment of scouts and a public garage in Niš.

In his honor, the "Lieutenant Colonel Goran Ostojić" Memorial is held in Jagodina every May, during which parachute jumps, a motorcycle rally with a biker parade and a rock concert are held, wreaths are also laid on his bust in Jagodina and Rekovac.