Mooney Mooney is a small waterfront village and suburb of the Central Coast region of New South Wales, Australia. It is located in the Central Coast Council local government area at the end of a peninsula extending southwards into the Hawkesbury River, that is situated 50 kilometres north of Sydney. Mooney Mooney has two islands which are Peat Island a…Mooney Mooney is a small waterfront village and suburb of the Central Coast region of New South Wales, Australia. It is located in the Central Coast Council local government area at the end of a peninsula extending southwards into the Hawkesbury River, that is situated 50 kilometres north of Sydney. Mooney Mooney has two islands which are Peat Island and Spectacle Island.