Question 1

Is Moorak a nice place to live?

Accepted Answer

Moorak is a small semi-rural suburb perched on the elevated rim above Mount Gambier, with leafy streets, rolling paddocks and views towards volcanic crater lakes such as the Blue Lake. It is low-density, with established brick and weatherboard homes on roomy blocks, and residents tend to enjoy garden plots, hobby farms and nearby bushland for walking and outdoor pursuits. Moorak Primary and Preschool serve local families.

Home to 1,412 people with a median age of 42 and a median household income of $2,006 a week (about $104,300 a year), Moorak is strongly family-oriented and overwhelmingly owner-occupied (93.6% owned outright or with a mortgage; renters 6.4%). That mix tends to suit families, professionals and retirees after a quieter, country-style lifestyle while keeping easy access to Mount Gambier's shops, schools and services. There are no significant new infrastructure or development projects reported at present.

Question 2

Is it expensive to live in Moorak?

Accepted Answer

Moorak 5291 hasn't had enough recent sales or rentals to put reliable figures on what homes cost to buy or rent. Without those, there isn't a clear picture of how expensive it is to live here compared with local incomes.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Question 3

Is Moorak a good place to invest?

Accepted Answer

There haven't been enough recent sales in Moorak to put reliable figures on how house or unit values and rents have moved over the past year. Without that information, there isn't a clear picture of how the suburb has performed as an investment lately.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

	Houses	Units
Median price Past 3 months	N/A	N/A
Change in value Past 12 months	N/A	N/A
Sold Past 3 months	1	N/A
Median days on market Past 12 months	N/A	N/A
Average rent Past 12 months	N/A	N/A
Change in rent Past 12 months	N/A	N/A

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