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Moolap, VIC 3224

Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics

Data updated

Tight Rental MarketStrong Growth

Median House

$1,075,000

market range $650K-$1.1M

Median Unit

$530,000

list-price estimate

Gross Yield (houses)

2.9%

1yr Growth (houses)

+8.8%

market range -35.0% to +17.5%

Investment snapshot for Moolap

Moolap has enough public data for first-pass screening across yield, vacancy, price and supply signals.

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Moolap market and investor summary

In Moolap, VIC 3224, the median house sells for around $1.1M, on a gross rental yield of 2.9% for houses. House prices have moved +8.8% over the past year and +2.8% over three years. At 1.1% vacancy, it is a tight rental market that favours landlords.

For an investor, this reads as a capital-growth market more than a cashflow one. A gross house yield around 2.9% will not cover holding costs in the early years, so the case leans on price appreciation. Rental demand looks steady, with vacancy at 1.1% and a resident base that is not shrinking.

Living in Moolap: people, income and schools

Moolap is home to around 1,825 people, a number that has held fairly steady over five years. At a median age of 59, it reads as an older, established demographic, and families account for 73% of households.

The typical household income runs to around $67,000 a year (about $1,280 a week). On socio-economic measures it ranks around the national middle on the ABS advantage index (6 out of 10). At current prices a median house runs to a steep 16.2 times local household income, so affordability is a genuine constraint on local buyers. Incomes have risen about 13% over five years, which tends to underpin what local buyers can pay.

Families have 10 schools within roughly 5km to choose from, testing below the national school average on ICSEA. Moolap sits about 62 km from the CBD. It is fairly car-dependent; the suburb scores 1 for walkability and 23 for transit out of 100. Fixed broadband is delivered over the NBN's Fibre to the Node.

Population
1,825
+4% over 5yr
Median age
59 years
Median household income
$67,000/yr
Households renting
11%
Family households
73%
Socio-economic rank
6/10
ABS advantage index
Schools within 5km
10
avg ICSEA 945
Unemployment
4.1%
Distance to CBD
62 km
Walk score
1/100

Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.

Properties in Moolap

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Frequently asked questions about Moolap

What should I check before investing in Moolap?

Moolap has enough public data for first-pass screening across yield, vacancy, price and supply signals. Capital growth of +8.8% in the past year shows strong recent price momentum. Tight rental market (1.1% vacancy) gives landlords pricing power and low rental downtime. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.

What are typical property prices in Moolap?

The median property price in Moolap, VIC 3224 is $1.1M for houses.

What rental yield does Moolap show?

The gross rental yield in Moolap is 2.9% for houses. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.

What does recent house price growth show for Moolap?

House prices in Moolap are up 8.8% over the past year and up 2.8% over three years. Capital growth is a key driver of total investment return, so pair it with rental yield to get a full picture.

How tight is the rental market in Moolap?

The current vacancy rate in Moolap is 1.1%. A rate under 2% generally signals a tight rental market. This suburb's rental market is very tight, with landlords typically holding strong bargaining power and low rental downtime.

How many people live in Moolap?

Moolap has a population of approximately 1,825 residents, with a median age of 59.

What schools are near Moolap?

There are 10 schools within roughly 5km of Moolap. Their average ICSEA is below the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.

Is Moolap affordable to buy in?

A median house in Moolap costs about 16.2 times the median local household income (a high multiple that makes the suburb a stretch for median local earners). The ratio compares the median house price with annual household income; it is a rough affordability gauge, not a substitute for your own borrowing assessment.

Is Moolap's population growing?

The population of Moolap has grown modestly, about 4% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.

How far is Moolap from the CBD?

Moolap is about 62 km from the CBD.

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