The size of Molloy Island is approximately 2.9 square kilometres. It has 1 park covering nearly 5.5% of total area. The population of Molloy Island in 2011 was 355 people. By 2016 the population was 96 showing a population decline of 73.0% in the area during that time. The predominant age group in Molloy Island is 60-69 years. Households in Molloy Island are primarily childless couples and are likely to be repaying $450 - $599 per month on mortgage repayments. In general, people in Molloy Island work in a trades occupation. In 2011, 71.8% of the homes in Molloy Island were owner-occupied compared with 82.7% in 2016.
Molloy Island has 306 properties. Over the last 5 years, Houses in Molloy Island have seen a 56.29% increase in median value. As at 31 October 2024:
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