Goodbye Hollywood...Miley Cyrus Is Officially Ready to Settle Down With Liam Hemsworth

Hello, Australia! Goodbye, Hollywood! Miley Cyrus is moving out of the spotlight and is ready to put her partying ways in the past. "These days she'd rather hangout on the beach doing yoga," a source exclusively told Life & Style. And while she and rumored fiancé, Liam Hemsworth, love their home in Malibu, it's just not enough. The insider revealed, "Miley's been telling people, 'I'm leaving Hollywood!'"

And the "Wrecking Ball" singer already has plans for her and Liam's life in Australia — she wants a family! Miley notices what Liam's brother, Chris Hemsworth, and his wife, Elsa Pataky, have and envies their lifestyle. "She sees how content Chris' whole family seems and envisions a carefree life there herself with Liam and their future children," the source told Life & Style.

Not only is Miley ready to settle down and have kids, but she also desires a more simplistic life. "She and Liam want a place near the ocean where they can grow their own food, have tons of animals, and create music and art," the source said. Now that the former Disney Channel star figured out how to live a "happy and balanced" life, she's ready to shed the "toxic and negative energy of Hollywood."

But just because Miley is ready to live amongst the kangaroos and koalas doesn't mean her career is over. The source explained, "She has plans to create a state-of-the-art recording studio in Australia."

There's no word yet on when the move could take place, but with the couple set on getting married this summer, it could happen rather quickly. They are planning two weddings — one in Malibu and another on a bluff overlooking the Aussie ocean. "Miley and Liam agree that they want to say their 'I do's' out in the open, under the sun and the stars," the insider revealed. "Miley wants flowers in her hair and for Liam to be barefoot. It will all be very natural and no-fuss."

After breaking off their first engagement in 2013, Miley and Liam decided to get back together in 2015 and have recently been inseparable. "They're in a great place," the source said.