Parrawe, situated in the north-western region of Tasmania, is a serene and picturesque suburb that combines natural beauty with a close-knit community feel. Known for its lush landscapes and access to both coastal and forested areas, it provides an ideal setting for families, retirees, and outdoor enthusiasts alike. This article explores the best residential areas in Parrawe, showcasing their unique characteristics, housing options, and average prices.
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Parrawe Central

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Parrawe Central is the bustling hub of the suburb, featuring local shops, cafes, and essential services. It's perfect for those who enjoy being in the heart of the community with easy access to amenities.
Characteristics of the Parrawe Central
* Culture: Vibrant community events and local markets
* Transportation: Well-connected public transport, walking paths
* Services: Grocery stores, medical centres, schools
* Environment: Lively and family-friendly
Housing Options in the Parrawe Central
Single-family homes, Townhouses, Units
Average Home Prices in the Parrawe Central
* Buying: $350,000 – $480,000
* Renting: $1,300 – $1,800/month
Mersey Valley

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Mersey Valley offers a tranquil environment, surrounded by natural beauty and outdoor recreational opportunities. It's an excellent choice for nature lovers and those seeking a peaceful lifestyle.
Characteristics of the Mersey Valley
* Culture: Focus on outdoor activities, including hiking and fishing
* Transportation: Car recommended, scenic drives
* Services: Limited local services, self-sufficient living
* Environment: Quiet and serene
Housing Options in the Mersey Valley
Cottages, Family homes, Land for custom builds
Average Home Prices in the Mersey Valley
* Buying: $320,000 – $420,000
* Renting: $1,200 – $1,600/month
Parrawe Heights

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Parrawe Heights is a hillside suburb known for its scenic views and spacious properties, appealing to families looking for more space and a relaxed atmosphere.
Characteristics of the Parrawe Heights
* Culture: Community and family-oriented activities
* Transportation: Public transport available, car preferred
* Services: Schools, parks, and recreation facilities
* Environment: Suburban and family-friendly
Housing Options in the Parrawe Heights
Large homes on spacious blocks, Townhouses
Average Home Prices in the Parrawe Heights
* Buying: $400,000 – $550,000
* Renting: $1,400 – $2,000/month
Coastal Parrawe

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Coastal Parrawe boasts stunning ocean views and beach access, perfect for those who enjoy marine activities and a vibrant coastal lifestyle.
Characteristics of the Coastal Parrawe
* Culture: Beach culture, including surfing and fishing
* Transportation: Good access to public transport, bike paths
* Services: Local cafes, surf shops, community centres
* Environment: Relaxed and coastal
Housing Options in the Coastal Parrawe
Beachfront homes, Modern units, Luxurious apartments
Average Home Prices in the Coastal Parrawe
* Buying: $500,000 – $750,000
* Renting: $1,800 – $2,500/month
Parrawe Woods

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Parrawe Woods is nestled among lush wooded areas, ideal for those who value privacy and a connection to nature. It's a preferred location for eco-conscious buyers.
Characteristics of the Parrawe Woods
* Culture: Nature-centric living and environmental focus
* Transportation: Mostly car-based, scenic routes
* Services: Limited amenities, close to nature
* Environment: Tranquil and secluded
Housing Options in the Parrawe Woods
Eco-friendly homes, Cabins
Average Home Prices in the Parrawe Woods
* Buying: $300,000 – $450,000
* Renting: $1,000 – $1,400/month
Riverbank

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Riverbank offers a unique blend of urban convenience and suburban tranquility, located along the banks of the local river. It is ideal for families and young professionals.
Characteristics of the Riverbank
* Culture: Community events and local gatherings on the river
* Transportation: Well-served by public transport, bike-friendly paths
* Services: Range of shops, schools, and dining options
* Environment: Vibrant and community-focused
Housing Options in the Riverbank
Modern townhouses, Apartments
Average Home Prices in the Riverbank
* Buying: $350,000 – $490,000
* Renting: $1,300 – $1,700/month
Frequently Asked Questions About the Best Residential Areas in Parrawe:
The best residential areas in Parrawe include Parrawe Central, Mersey Valley, Parrawe Heights, Coastal Parrawe, Parrawe Woods, and Riverbank.
Parrawe Central and Parrawe Heights are highly recommended for families, offering good schools and a variety of community services.
Average property prices in Parrawe range from $300,000 to $750,000, depending on the suburb and type of property.
The rental market is diverse, with properties available from around $1,000 to $2,500 per month, depending on the suburb and property type.
Yes, Parrawe features several reputable schools, particularly in Parrawe Central and Parrawe Heights, catering to families with children.
Parrawe has good public transport options, with buses connecting all key areas, though having a car is recommended for greater convenience.
Absolutely! Parrawe offers a peaceful lifestyle, access to nature, and community services that cater well to retirees.
Parrawe boasts various amenities, including supermarkets, medical centres, parks, recreational facilities, and various local shops.
Yes, outdoor activities such as hiking, fishing, and beach sports are prevalent, especially in areas like Mersey Valley and Coastal Parrawe.
Parrawe is known for its friendly and welcoming community, with regular events and gatherings bringing residents together.
Conclusion on the Best Residential Areas in Parrawe:
Parrawe offers a variety of residential areas that cater to different lifestyles and preferences. From the energetic environment of Parrawe Central to the tranquil surroundings of Mersey Valley and the luxurious properties along Coastal Parrawe, there is something for everyone. Families, retirees, and outdoor enthusiasts alike will find desirable options in this beautiful Tasmanian suburb. Whether you prioritise community connections, recreational opportunities, or proximity to nature, Parrawe provides a holistic living experience. Embracing both a peaceful lifestyle and the vibrancy of local culture makes Parrawe a compelling choice for prospective residents.
About the Author

Published by:Eribert De Oliveira
Mechatronics Engineer and founder of Mi Inmueble Online, with a background in real estate. I combine technology and analysis to help you find the best areas to live.