Real Estate Shorewell Park Tas 7320

Real Estate Market: Is Shorewell Park TAS 7320 a Good Suburb to Buy Into?

Housing Market in Shorewell Park

Key Shorewell Park Metrics & Forecast to 2028

Sources: Property Listings and Microburbs, 2002 - 2023

Field	Value	VS West and North West Tas	Trend
Capital Growth Forecast: Houses	Premium	Premium	Premium
Capital Growth Forecast: Houses (2-Year Outlook)	Premium	Premium	Premium
Median yield for houses	Premium	Premium	Premium
Smart median rent: All houses	$440	Bottom 6%	238% to Mar 2025
Smart median sale price: All houses	Premium	Premium	Premium

Housing Supply in Shorewell Park

Shorewell Park Real Estate Investor Report

Sample Graphic

The higher the supply score the more supply is on the market, both current and future.
Sources: ABS, GEOSPATIAL, Property Listings and Microburbs, 2002 - 2023

Shorewell Park

47.0%

West and North West Tas

44.0%

Compare
Suburbs

Field	Value	VS West and North West Tas	Trend
Development applications	0	Bottom 38%	Data for Jun 2025
Developments	2.0	Bottom 42%	Data for Jul 2023
Housing Stock Quality Indicator	8.9	Top 26%	Data for May 2023
Total new residential buildings value (SA2)	Premium	Premium	Premium
Days on market: houses	Premium	Premium	Premium
Days on market: units	Premium	Premium	Premium
Volume of houses sold in the last 30 days	Premium	Premium	Premium
Volume of units sold in the last 30 days	Premium	Premium	Premium
Stock on Market	3	Top 29%	50% to Mar 2025

Housing Stock Quality in Shorewell Park

The higher the score, the higher the quality of the houses and units.
Sources: ABS, GEOSPATIAL, Property Listings and Microburbs, 2006 - 2023

Field	Value	VS West and North West Tas	Trend
Houses	86.7%	Bottom 17%	4% to Jan 2021
Average bedrooms - all homes	2.3	Bottom 34%	4% to Jan 2021
NBN connection: fibreoptic cable to node	46.3%	Top 8%	Data for Jun 2023

Development Restrictions in Shorewell Park

Shorewell Park Zoning Map

Sample Graphic

The higher the score, the more easily density can be increased.
Sources: GEOSPATIAL, TORREN, ABS and Microburbs, 2011 - 2023

Shorewell Park

26.2%

West and North West Tas

28.4%

Compare
Suburbs

	Field	Value	VS West and North West Tas	Trend
	Total area	3.8 sq km	Bottom 35%	Data for Jan 2021
	Residential density	667 sqm per resident	Bottom 36%	Data for Jan 2021

Risk in Shorewell Park

Shorewell Park Risk Report

Sample Graphic

The higher the score, the more exposed households are to financial stress.
Sources: ABS, Property Listings, TORREN and Microburbs, 2006 - 2023

Shorewell Park

43.0

West and North West Tas

33.8

Compare
Suburbs

Field	Value	VS West and North West Tas	Trend
% Owner Occupied	80.6%	Bottom 18%	1% to May 2023
% Rentals	19.4%	Top 18%	7% to May 2023
Housing Affordability Index	24	Bottom 22%	Data for Jun 2023
Median monthly mortgage	$1,280	Bottom 18%	33% to May 2023
Rent Affordability Index (Houses)	85	Top 12%	Data for Jun 2023
Rent Affordability Index (Units)	79	Top 29%	Data for Jun 2023
Mortgage as a percent of income	28.8%	Top 19%	2% to Jan 2021
Mortgaged Dwellings	26.7%	Bottom 18%	24% to May 2023

Housing Demand in Shorewell Park

The higher the score, the more demand their is for housing in the area, both current and future.
Sources: ABS, TORREN, Property Listings and Microburbs, 2004 - 2030

Shorewell Park

42.2%

West and North West Tas

42.5%

Compare
Suburbs

Field	Value	VS West and North West Tas	Trend
Net internal migration (LGA)	Premium	Premium	Premium
Net overseas migration (LGA)	Premium	Premium	Premium
Historical Population (SA3)	51400	Bottom 36%	7% to Dec 2023
Historical population growth	Premium	Premium	Premium
Population (LGA)	19300	Top 43%	1% to Dec 2030
Population Projection (LGA)	Premium	Premium	Premium
Auction clearance rate	Premium	Premium	Premium
Proportion of distressed listings	Premium	Premium	Premium
Vacancy rate	Premium	Premium	Premium

Unit Market in Shorewell Park

Shorewell Park Unit Investor Report

Sample Graphic

Sources: Property Listings and Microburbs, 2002 - 2023

Field	Value	VS West and North West Tas	Trend
Median yield for units	Premium	Premium	Premium
Smart median rent: All units	$346	Bottom 7%	181% to Mar 2025
Smart median sale price: All units	Premium	Premium	Premium
Unit to house ratio	89.0%	Top 19%	40% to Mar 2025

LGA Details (1)

Headline	Place	Datetime
Local government area	Burnie

Median House Rental Prices by Street (6)

Street	Date	Median rent (per week)
Paramount Ct	22 Mar 2025	$390
Nairana Ave	22 Mar 2025	$520
Loongana Ave	23 Jan 2025	$315
Garner Ct	23 Jan 2025	$365
Mylan Cr	15 Jan 2025	$275

Percent of Renters by Street (38)

Percent of Renters	Street
100.0%	Ace Ave
42.9%	Adye Ct
0.0%	Agar Ct
21.3%	Armitage Cr
48.2%	Barnard Cr

Turnover Rate by Street (35)

Turnover rate	Street	Turnover Label	Turnover Years	Year
93.1%	Malonga Dr	high turnover	Every 10.7 years (high turnover)	2025
150.0%	Garner Ct	very high turnover	Every 6.7 years (very high turnover)	2025
131.2%	Woniora Rd	very high turnover	Every 7.6 years (very high turnover)	2025
65.0%	Barnard Cr	quite tightly held	Every 15.4 years (quite tightly held)	2025
50.0%	Townsend Pl	very tightly held	Every 20.0 years (very tightly held)	2025

Median Unit Sale Prices by Street (100)

Date	Median sale value	Street
10 May 2024	$117,500	Oasis Dr
31 May 2024	325400.0	Loongana Ave
31 May 2024	346000.0	Mooreville Rd
31 May 2024	345000.0	Nairana Ave
31 May 2024	362950.0	Paramount Ct

Median House Sale Prices by Street (100)

Street	Date	Median sale value
Taroona Ave	10 May 2024	$560,000
Stammers Pl	10 May 2024	$297,000
Mylan Cr	10 May 2024	$307,500
Mooreville Rd	10 May 2024	$399,000
Turner Cr	10 May 2024	$299,000

Recently Sold Houses (100)

Address	Price	Bedrooms	Bathrooms	Garage spaces	Date sold	Sale Type
13 Nairana Ave	Price Withheld	3.0	2.0	4.0	11 Mar 2025	On Market
15 Mcgaw Pl	Price Withheld	3.0	1.0	2.0	11 Mar 2025	On Market
22 Deavan Dr	Price Withheld	0.0	0.0	0.0	13 Feb 2025	On Market
2 Nairana Ave	Price Withheld	3.0	2.0	6.0	12 Feb 2025	On Market
37 Taroona Ave	Price Withheld	4.0	2.0	2.0	23 Jan 2025	On Market

Recent Rental House Listings (100)

Address	Rent (per week)	Bedrooms	Bathrooms	Garage spaces	Date
85 Oonah St	$350	3	1	1	18 Mar 2025
85 Oonah St	$350	3	1	1	17 Mar 2025
2 Nairana Ave	$550	3	2	6	26 Feb 2025
2 Nairana Ave	$550	3	2	6	26 Feb 2025
2 Nairana Ave	$550	3	2	6	26 Feb 2025

Recent Rental Unit Listings (100)

Address	Rent (per week)	Bedrooms	Bathrooms	Garage spaces	Date
Unit 2, 38 Loongana Ave	$300	2.0	1.0	1.0	12 Jun 2024
Unit 2, 38 Loongana Ave	$300	2.0	1.0	1.0	12 Jun 2024
Unit 2, 38 Loongana Ave	$300	2.0	1.0	1.0	12 Jun 2024
Unit 2, 38 Loongana Ave	$300	2.0	1.0	1.0	12 Jun 2024
Unit 2, 38 Loongana Ave	$300	2.0	1.0	1.0	12 Jun 2024

Recently Sold Units (100)

Address	Price	Bedrooms	Bathrooms	Garage spaces	Date sold	Sale Type
22 Deavan Dr	Price Withheld	0.0	0.0	0.0	13 Feb 2025	On Market
22 Deavan Dr	Price Withheld	0.0	0.0	0.0	13 Feb 2025	On Market
22 Deavan Dr	Price Withheld	0.0	0.0	0.0	13 Feb 2025	On Market
Unit 2, 38 Loongana Ave	Price Withheld	2.0	1.0	1.0	13 Jan 2025	On Market
Unit 2, 38 Loongana Ave	Price Withheld	2.0	1.0	1.0	13 Jan 2025	On Market

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