Moolap is a large but sparsely populated suburb used for agriculture industry and low-density residential development. It spreads from Point Henry and Corio Bay across the Bellarine Highway to Reedy Lake in the south. Reedy Lake is a state game reserve. There is also a wildlife reserve on the eastern flank of Point Henry. The land around Reedy Lake supports an 18-hole golf course.
| Bedrooms | Moolap | Regional comparison |
|---|---|---|
| 2 | - | $420,000 |
| 3 | - | $545,000 |
| 4 | - | $710,000 |
| Insight | Moolap | Regional comparison |
|---|---|---|
| Clearance rate | 68.5% | |
| Days on market | 54 |
| Bedrooms | Moolap | Regional comparison |
|---|---|---|
| 2 | - | $400 |
| 3 | - | $470 |
| 4 | - | $550 |