Question 1

Is Molloy Island a nice place to live?

Accepted Answer

Molloy Island is a small, leafy river island set among estuarine waterways and paperbark-lined channels, with a relaxed rural-waterfront character. Low-density homes and bush blocks open onto tidal creeks and wetlands, and many houses are oriented to make the most of water and bush views. Access is by road and everyday shops and services are found in nearby towns. The island appeals to people who favour boating, fishing and a quieter pace of life, and daily life is closely tied to the rhythms of the river and the seasons.

The community is very small, with 163 residents and a median age of 63, and households are mainly owner-occupied (about four in five). Families are heavily weighted towards couples without children. The Shire has a Molloy Island–Ted's Landing boat ramp and jetty project listed in its capital works program with budget allocations and a phasing-of-budget status, and the island’s reserves are managed under a Shire environmental plan with support from the volunteer group Friends of Molloy Island Reserves for conservation and low-key recreation. Whether Molloy Island suits you depends on how much you value waterfront, low-density living and ready access to boating and fishing, with shops located in neighbouring towns.

Question 2

Is it expensive to live in Molloy Island?

Accepted Answer

Molloy Island hasn't had enough recent sales or rentals to put reliable figures on what homes cost to buy or rent. Without those price and rent figures, and with only the suburb's median household income recorded at the most recent Census, there isn't a clear picture of how expensive it is to live in Molloy Island compared with local incomes.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Question 3

Is Molloy Island a good place to invest?

Accepted Answer

There haven't been enough recent sales in Molloy Island 6290 to publish reliable figures on how house and unit prices and rents moved over the past year. Without that information, it's not possible to describe how the suburb has performed as an investment in the last 12 months.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

	Houses	Units
Median price Past 3 months	N/A	N/A
Change in value Past 12 months	N/A	N/A
Sold Past 3 months	3	N/A
Median days on market Past 12 months	60	N/A
Average rent Past 12 months	N/A	N/A
Change in rent Past 12 months	N/A	N/A

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