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Mooreville suburb profile

Mooreville is a serene rural suburb located in the north-west region of Tasmania, offering a peaceful lifestyle amidst picturesque landscapes. Known for its lush greenery and open spaces, Mooreville provides a tranquil escape from the hustle and bustle of city life. The suburb is characterized by its agricultural roots, with a community that values a slower pace and connection to nature. Despite its rural setting, Mooreville is conveniently situated near Burnie, providing residents with access to essential services and amenities. Its blend of natural beauty and rural charm makes Mooreville an appealing choice for those seeking a quiet, country lifestyle.

Mooreville property market performance

Mooreville's property market has remained stagnant over the past 12 months, with no change in median house or unit values. The current median house and unit prices stand at $0, reflecting a lack of market activity. Only one house was sold in the past year, and no units were transacted, indicating minimal demand or supply in the area.

The market has seen no movement in terms of days on market for both houses and units, suggesting a static property environment. Additionally, the rental market has not experienced any changes, with average rents for both houses and units remaining at $0 over the last 12 months.

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Mooreville demographics

Mooreville, nestled in the picturesque region of Tasmania, offers a serene and family-friendly environment. With a modest population of 378, this suburb is characterized by its close-knit community and tranquil lifestyle. The median age of 41 suggests a mature population, with many residents likely enjoying the balance of rural charm and modern conveniences. The area is particularly appealing to families, as evidenced by the 51.4% of couple families with children, indicating a strong community focus on family life.

Housing in Mooreville is predominantly owner-occupied, with 38.6% of properties owned outright and 48.5% owned with a mortgage. This high rate of homeownership reflects the suburb's appeal to those seeking stability and long-term residence. The rental market is relatively small, with only 12.9% of properties rented, suggesting a community that values homeownership and the associated sense of permanence and investment in the area.

The median total household income of $1861 per week indicates a comfortable standard of living, supporting the needs of its residents. Mooreville's peaceful setting, combined with its strong family orientation and high homeownership rates, makes it an attractive option for those looking to settle in a community that offers both tranquility and a supportive environment for raising a family.

Mooreville infrastructure, key developments and investment opportunities

Mooreville remains a quiet semi-rural locality with no major new infrastructure projects or large-scale residential or commercial redevelopments announced at this time. The suburb continues to benefit from its proximity to Burnie’s employment, retail and health hubs, offering residents a balance between rural living and access to key amenities, which supports its appeal to families and lifestyle buyers.

Existing road connections toward Burnie and surrounding rural areas remain the primary transport links, with no significant new public transport or road upgrades specifically targeted at Mooreville reported recently. Given the lack of major planning changes or infrastructure investment focused directly on the suburb, there are currently no significant developments expected to materially alter Mooreville’s property market in the near term.

Mooreville rental market trends

The rental market in Mooreville has remained stable over the past year, with no change in both house and unit rents, which stand at $0 per week. This indicates a stagnant market, potentially due to limited demand or supply, making it a unique case in the broader rental landscape.

Suburbs near Mooreville

Some popular suburbs near Mooreville include:

Common questions about Mooreville

  • Is Mooreville a nice place to live?

    Mooreville is a delightful place to live, offering a peaceful and family-friendly environment that is perfect for those seeking a serene lifestyle. The suburb is known for its lush greenery and picturesque landscapes, providing a tranquil escape from the hustle and bustle of city life. With its strong agricultural roots, Mooreville exudes a charming rural vibe that is cherished by its residents. The community is close-knit and welcoming, making it an ideal place for families to settle down and enjoy a slower pace of life.

    While Mooreville offers a tranquil lifestyle, it also benefits from its proximity to Burnie, ensuring that residents have access to essential services and amenities. This balance between rural living and convenience makes it an attractive option for families who appreciate both the beauty of nature and the practicality of nearby urban facilities. Safety is generally not a concern in this peaceful suburb, allowing families to enjoy the open spaces and outdoor activities that Mooreville has to offer.

    However, living in Mooreville does come with some trade-offs. The suburb lacks the nightlife and entertainment options found in more urban areas, which might not appeal to those seeking a vibrant social scene. Additionally, public transport options are limited, so having a car is essential for commuting and accessing nearby amenities. Despite these trade-offs, Mooreville remains a charming and appealing choice for families and individuals who value tranquility, community, and a connection to nature.

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  • Is it expensive to live in Mooreville?

    Living in Mooreville, Tasmania, presents a unique scenario when it comes to assessing the cost of living, primarily due to the lack of available data on property prices and rental costs. With the median total household income sitting at $1,861 per week, Mooreville residents earn slightly more than the average Tasmanian full-time worker, who earns around $1,619 weekly. This suggests that households in Mooreville might have a bit more financial flexibility compared to the state average.

    However, without specific data on housing prices and rental costs, it's challenging to determine the exact affordability of living in Mooreville. Generally, when housing costs are not a significant factor, as might be the case here, the cost of living could be considered more manageable. This could make Mooreville an appealing option for those looking to enjoy a lifestyle that balances income with expenses, provided other living costs such as groceries and utilities are in line with state averages.

    Disclaimer: To assess whether a suburb is considered expensive, we’ve looked at mortgage and rental costs as a proportion of the average local salary. That said, everyone’s financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.
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  • Is Mooreville a good place to invest?

    Mooreville presents a unique opportunity for investors who are seeking stability in their real estate portfolio. Over the past year, the suburb has experienced no change in median house and unit values, as well as rental prices. While this might seem unremarkable at first glance, it indicates a level of market stability that can be appealing for those looking to avoid the volatility seen in other areas.

    Despite the stagnant growth in property values and rental prices, Mooreville's appeal lies in its potential for future development and community growth. The suburb offers a peaceful lifestyle with a strong sense of community, making it attractive to families and long-term renters. This steady demand can provide a reliable rental income stream for investors, even if capital growth is currently flat.

    Investing in Mooreville could be a strategic move for those who value consistency and are willing to wait for potential future growth. As the broader market conditions evolve, Mooreville's stable foundation may position it well for gradual appreciation over time. For investors prioritizing long-term stability over quick gains, Mooreville could be a worthwhile consideration.

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