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All About Shorewell Park, Burnie, TAS, 7320

Shorewell Park, located in Burnie, Tasmania, presents a unique and evolving housing market that's reflective of its suburban charm and emerging potential. Traditionally viewed as a more affordable segment of Burnie's broader real estate landscape, Shorewell Park has seen a steady increase in interest from first-time homebuyers and investors alike. This interest has been spurred by its relatively lower property prices compared to the more central parts of Burnie and the attraction of its family-friendly environment. Recent developments have added to the appeal, with infrastructure improvements and community projects enhancing its livability. The housing stock in Shorewell Park is diverse, offering a mix of older homes with generous plots and newer constructions that cater to modern tastes. This variety provides opportunities for different buyer profiles, from those looking for investment opportunities to families seeking a close-knit community atmosphere.

Living in Shorewell Park is characterized by a strong sense of community and accessibility to essential amenities. Residents enjoy the benefits of suburban living with the convenience of being in proximity to Burnie's city center, offering easy access to shopping, dining, and educational facilities. The neighborhood is known for its green spaces and recreational areas, which contribute to a vibrant outdoor lifestyle. Families in Shorewell Park particularly appreciate the local schools and parks, creating a nurturing environment for children. While the area has faced socio-economic challenges, community initiatives and local government support have been focusing on development and enhancement of public spaces, fostering a more positive perception of the suburb. Overall, Shorewell Park offers a blend of affordability, community spirit, and growth potential, making it an increasingly attractive choice for those looking to settle in the Burnie area.

Household Makeup

Median Weekly Rent $243.33
Median Monthly Mortgage $1048.00
Median Persons Per bed houseroom 0.80
Average Household Size 2.22
Average Age 40.78
Average Income $574.00
Average Cars Per Dwelling 1.56
Average Properties Within 50M 12
Typical 1 bed house$289,000
Typical 2 bed house$345,000
Typical 3 bed house$248,000
Typical 4 bed house$349,000
Typical 5 bed house$310,000

Housing Stock

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Shorewell Park Real Estate Market Outlook

Thinking about buying in Shorewell Park? Now could not be a better time, with 1329 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $273,000 with prices in this suburb ranging from $11,000 to $3,421,000. Shorewell Park is located fairly close to the coast at just 1Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. 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 Shorewell Park 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 Shorewell Park 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 Shorewell Park 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

Local Schools

Hellyer College

Burnie Primary School

Stella Maris Catholic School

Montello Primary School

Romaine Park Primary School

Parklands High School

Marist Regional College

(While the above schools are located with the suburb of Shorewell Park there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Shorewell Park weather - Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan1.211.522.648.591.25.124.0
Feb1.612.422.652.892.24.820.6
Mar2.110.920.856.492.84.615.3
Apr2.48.117.960.395.44.410.8
May2.55.315.365.196.94.16.8
Jun3.44.113.968.597.63.86.0
Jul4.43.912.969.197.24.56.1
Aug3.73.713.464.696.44.58.9
Sept3.55.615.265.098.14.513.2
Oct2.56.616.955.794.64.918.8
Nov2.48.718.854.394.15.022.6
Dec2.110.220.652.693.65.324.2

source: Australian Government Bureau of Meteorology



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General Points of Interest


Nearby Suburbs

ActonHillcrestPark GroveDownlandsUpper BurnieMontelloEast CamBrooklynParklandsCooee

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