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Suburb Insights ยท WA 6290

Molloy Island 6290, Western Australia

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Molloy Island is a coastal suburb in Western Australia, Australia, with a population of approximately 163, making it a boutique locality. Located approximately 265 km from the Perth CBD, Molloy Island is a coastal area in Western Australia. The median household income is $45,032 AUD per year (ABS 2021 Census).

Investment Score

31 / 100 Weak

Lower income levels in Molloy Island typically translate to more affordable entry points for investors. Coastal lifestyle appeal adds a premium that supports long-term demand.

Location

Map shows Molloy Island, Western Australia, Australia.

Key Indicators

Postcode
6290

Official Australia Post postcode for Molloy Island. A postcode may cover multiple suburbs.

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Population
163

Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.

ABS Census Data โ†’
Median Rent (weekly)
$275/wk

Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.

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Median Household Income
$45,032/yr

Annual median household income (before tax) for all households. Source: ABS 2021 Census.

ABS Census Data โ†’
Distance to CBD
265 km

Straight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
1

Estimated 1 school within or near this suburb based on ABS 2021 data.

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Parks & green spaces
1

Estimated 1 park and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
$1,094/mo

Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.

ABS Census Data โ†’
Dwelling Type
36% houses

Proportion of separate houses vs units, townhouses, and other dwelling types. Source: ABS 2021 Census. Relevant for investors assessing rental demand mix.

ABS Census Data โ†’

Investment Insight

Coastal lifestyle is a strong draw for Molloy Island, supporting both long-term rental demand and holiday letting potential. Seaside suburbs in Western Australia consistently attract interstate migration and lifestyle buyers. The median rent of $275/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $1,094/month. With only 36% separate houses, Molloy Island has a significant apartment and unit market โ€” typical of inner-city investment corridors.

Investment Strategy

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Buy & Hold

Molloy Island offers moderate buy-and-hold potential โ€” look for properties with value-add opportunities.

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Rental Yield

Rental yields in Molloy Island tend to be lower โ€” investors may need to rely on capital growth instead.

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Renovation / Flip

Renovation or flip strategies in Molloy Island face headwinds from a smaller buyer pool and slower turnover.

Risk Factors

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Full Property Analysis

30-year projections for Molloy Island

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2026 Outlook

Growth: Low Rental Demand: Moderate Investor Sentiment: Low

Capital growth in Molloy Island may remain subdued in 2026, with limited demand drivers in the near term. Rental demand is expected to be stable, though landlords may need to remain competitive on pricing. Investor sentiment toward Molloy Island is currently lukewarm โ€” value hunters may find opportunity here.

Frequently Asked Questions

Is Molloy Island a good suburb for investment?

Molloy Island is a coastal area in Western Australia with a population of 163. The median rent is $275/week and the median household income is $45,032/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.

What drives property demand in Molloy Island?

Key demand drivers in Molloy Island include lifestyle appeal and proximity to the coast. 36% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Molloy Island?

According to the ABS 2021 Census, Molloy Island has a population of approximately 163. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Molloy Island from the Perth CBD?

Molloy Island is approximately 265 km straight-line distance from the Perth CBD (calculated from ABS 2021 suburb centroid coordinates). As a regional or remote location, travel to the capital is significant โ€” local amenities and employment are important investment considerations.

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