Shorewell Park

POSTAL CODE: TAS, 7320
HOUSE

A steady increase in median property prices over a five-year period in the suburb translates to a 11.11% capital gain.

It also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $400,000

The augmented property values in the suburb are trailing above the territorial average of 4.47% in 2016.

On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $392.5.

Home owners selling their properties and realtors in SHOREWELL PARK usually have to wait an average of 59.6 days days before their assets are lifted off the market.

The TAS suburb ranks 18th on the list of best yielding suburbs for rental properties in TAS, posting a 5.1% return.

It also places places 53rd in Australia based on median property value growth during the quarter.

Surburb overview

Shorewell Park, a suburb located on the north-west coast of Tasmania, is approximately 5 kilometres southwest of Burnie’s central business district. This residential suburb is known for its community-oriented atmosphere and convenient access to Burnie’s amenities and services.

Shorewell Park has a population of around 2,000 residents. The demographic profile includes a mix of families, young professionals, and retirees. The suburb falls under the jurisdiction of the City of Burnie local government area. 

Public transportation in Shorewell Park is well-established, with several bus routes connecting the suburb to Burnie and surrounding areas. This makes commuting convenient for residents who work or study in Burnie or other nearby locations. The suburb's road infrastructure is also well-developed, ensuring smooth travel for those who rely on private vehicles.

Shorewell Park offers several key establishments and amenities. The Shorewell Park Shopping Centre provides residents with access to essential services, including a supermarket, pharmacy, and various specialty stores. This shopping centre serves as a central hub for the community, making it easy for residents to meet their daily needs.

For education, families in Shorewell Park have access to several nearby schools. These include Burnie Primary School and Hellyer College, which cater to students from kindergarten through to secondary education. The proximity of these educational institutions makes Shorewell Park an attractive suburb for families with school-aged children.

The suburb is home to several parks and outdoor spaces, including the popular Romaine Park. This park offers walking trails, playgrounds, and picnic areas, providing a perfect setting for family outings and outdoor activities. The nearby Shorewell Creek also offers opportunities for leisurely walks and nature exploration.

Shorewell Park’s proximity to Burnie ensures residents have easy access to a wide range of cultural and recreational facilities. Burnie’s waterfront, with its beautiful beaches and parks, is just a short drive away. Residents can enjoy activities such as swimming, fishing, and picnicking, as well as exploring the vibrant Burnie Arts and Function Centre, which hosts various events and performances throughout the year.

Sports and community activities are also an integral part of life in Shorewell Park. The suburb has several local sports clubs and facilities, encouraging residents to participate in activities such as football, cricket, and netball.

Shorewell Park’s combination of convenient amenities, supportive community, and proximity to Burnie makes it an appealing place to live. Its well-maintained infrastructure, access to educational facilities, and abundant recreational opportunities offer residents a balanced and fulfilling lifestyle in a welcoming suburban environment.

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