All About Mooreville, Burnie, TAS, 7321

Mooreville, a suburb of Burnie in Tasmania, offers a unique blend of scenic beauty and suburban tranquility, making it an appealing spot for potential homebuyers and renters alike. The housing market in Mooreville is characterized by a mix of older-style homes and more modern developments, capturing the charm of the area’s historical roots while catering to contemporary preferences. Prices in Mooreville are relatively affordable compared to major Australian cities, which can be a significant draw for families and individuals looking to establish themselves in a peaceful environment. The market is stable, influenced by a steady demand from locals and newcomers seeking the quality of life Mooreville offers, with its proximity to Burnie providing convenient access to employment opportunities and essential amenities.

Living in Mooreville is akin to enjoying a slice of classic Tasmanian charm combined with the conveniences of modern living. The suburb boasts a serene atmosphere, with picturesque landscapes and a friendly, close-knit community. Residents benefit from easy access to natural attractions like the stunning coastlines and lush greenery of northern Tasmania, while also enjoying the comforts of suburban infrastructure. Mooreville is serviced by local schools, parks, and shopping facilities, making day-to-day living convenient and enjoyable. The area's laid-back lifestyle, coupled with the recreational opportunities available in the surrounding region, makes Mooreville an attractive choice for those seeking a balanced, fulfilling life in Tasmania.

Mooreville Real Estate Market Outlook

Thinking about buying in Mooreville? Now could not be a better time, with just 212 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $410,000 with prices in this suburb ranging from $28,000 to $1,587,000. Mooreville is located fairly close to the coast at just 3Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Mooreville due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The high percentage of professional people in Mooreville classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Mooreville requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.

Instant Property Valuation

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Public Transport

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General Points of Interest

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Nearby Suburbs

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