Yarragon

Yarragon lies within the top quartile of areas nationally for population growth performance according to AreaSearch analysis of recent, and medium to long-term trends

As of May 2026, the population of the suburb of Yarragon is estimated at around 2,065. This reflects an increase of 172 people since the 2021 Census, which reported a population of 1,893 people. The change was inferred from AreaSearch's estimate of the resident population as 2,063 following examination of the latest ERP data release by the ABS in June 2025, along with an additional 19 validated new addresses since the Census date. This level of population equates to a density ratio of 30 persons per square kilometer. The suburb's 9.1% growth since the 2021 census exceeded the Rest of Vic.'s (4.3%) and the SA4 region, marking it as a growth leader in the region. Population growth was primarily driven by interstate migration contributing approximately 46.0% during recent periods. AreaSearch is adopting ABS/Geoscience Australia projections for each SA2 area, released in 2024 with 2022 as the base year.

For areas not covered, AreaSearch utilises VIC State Government's Regional/LGA projections released in 2023 with adjustments made employing a method of weighted aggregation of population growth from LGA to SA2 levels. Growth rates by age group are applied across all areas for years 2032 to 2041. Based on aggregated SA2-level projections, the suburb is expected to expand by 380 persons to 2041, reflecting an increase of 18.3% in total over the 16 years.

AreaSearch analysis of residential development drivers sees Yarragon recording a relatively average level of approval activity when compared to local markets analysed countrywide

Based on AreaSearch analysis of ABS building approval numbers, allocated from statistical area data, Yarragon has experienced around 4 dwellings receiving development approval annually over the past 5 financial years ending FY-25. This totals an estimated 21 homes. So far in Financial Year 2026 (FY-26), 1 approval has been recorded. With an average of 3.5 people moving to the area for each dwelling built between FY-21 and FY-25, supply is substantially lagging demand, suggesting heightened buyer competition and pricing pressures.

New homes are being built at an average expected construction cost value of $460,000, indicating a developer focus on the premium segment with upmarket properties. In this financial year, $700,000 in commercial approvals have been registered, predominantly for residential projects. Compared to the Rest of Vic., Yarragon shows substantially reduced construction activity, at 80.0% below the regional average per person. This limited new supply generally supports stronger demand and values for established dwellings, although construction activity has intensified recently. Nationally, this activity is also lower than the national average, reflecting market maturity and possible development constraints. New building activity shows 75.0% detached houses and 25.0% townhouses or apartments, preserving the area's low density nature with an emphasis on detached housing attracting space-seeking buyers.

This represents a considerable change from the current housing mix of 98.0% houses, reflecting reduced availability of development sites and addressing shifting lifestyle demands and affordability requirements. The location has approximately 341 people per dwelling approval, indicating room for growth. Looking ahead, Yarragon is expected to grow by 378 residents through to 2041 (from the latest AreaSearch quarterly estimate). Should current construction levels persist, housing supply could lag population growth, likely intensifying buyer competition and underpinning price growth.

Yarragon has strong levels of nearby infrastructure activity, ranking in the top 30% nationally

Five projects identified by AreaSearch are expected to influence the local area's performance. These include The Range Estate, Trafalgar Road Network Repairs, Trafalgar Structure Plan, and Gippsland Odyssey Trail (Trafalgar Section), with details below for those most relevant.

Professional plan users can use the search below to filter and access additional projects.

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The exceptional employment performance in Yarragon places it among Australia's strongest labour markets

Yarragon has a balanced workforce with equal representation of white and blue collar jobs. Key sectors include essential services, with an unemployment rate of 1.8% as of December 2025. This is lower than Regional Vic.'s rate of 3.7%.

Employment growth over the past year was estimated at 7.8%, based on AreaSearch data aggregation. In December 2025, 1,064 residents were employed with a workforce participation rate of 63.3%, slightly higher than Regional Vic.'s 61.0%. Approximately 18.8% of residents work from home, though Covid-19 lockdown impacts may have influenced this figure. Major employment industries are health care & social assistance, construction, and agriculture, forestry & fishing.

Construction is particularly prominent with an employment share 1.3 times the regional level, while accommodation & food employs only 5.2% of local workers, below Regional Vic.'s 6.9%. Employment opportunities locally may be limited, as indicated by the working population count against resident population. Between December 2024 and December 2025, employment levels increased by 7.8%, while labour force grew by 7.0%, reducing the unemployment rate by 0.7 percentage points. In comparison, Regional Vic. saw a 0.6% decrease in employment, a 0.7% contraction in labour force, and a 0.1 percentage point fall in unemployment. Jobs and Skills Australia's national employment forecasts from May-25 project overall growth of 6.6% over five years and 13.7% over ten years. Applying these projections to Yarragon's employment mix suggests local employment should increase by 6.2% over five years and 13.0% over ten years, though this is a simplified extrapolation for illustrative purposes only and does not account for localized population projections.

Income figures position the area below 75% of locations analysed nationally by AreaSearch

According to AreaSearch's aggregation of the latest postcode level ATO data released on June 30, 2023, the suburb of Yarragon had a median income among taxpayers of $47,998 with the average level standing at $61,456. This is below the national average and compares to levels of $50,954 and $62,728 across Regional Vic. respectively. Based on Wage Price Index growth of 9.62% since financial year 2023, current estimates would be approximately $52,615 (median) and $67,368 (average) as of March 2026. Census 2021 income data shows household, family and personal incomes all rank modestly in Yarragon, between the 25th and 30th percentiles. Distribution data shows 29.6% of the population (611 individuals) fall within the $1,500 - 2,999 income range, mirroring the region where 30.3% occupy this bracket. After housing, 86.1% of income remains, though this ranks at only the 28th percentile nationally and the area's SEIFA income ranking places it in the 4th decile.

Yarragon is characterized by a predominantly suburban housing profile, with above-average rates of outright home ownership

In Yarragon, as per the latest Census evaluation, 97.9% of dwellings were houses, with the remaining 2.1% being semi-detached, apartments, or other types. This contrasts with Regional Vic., where 90.1% of dwellings were houses and 9.9% were other types. Home ownership in Yarragon stood at 44.1%, with mortgaged dwellings at 40.8% and rented ones at 15.1%. The median monthly mortgage repayment was $1,500, higher than Regional Vic.'s average of $1,430. The median weekly rent in Yarragon was $320, compared to Regional Vic.'s $285. Nationally, Yarragon's mortgage repayments were lower than the Australian average of $1,863, and rents were below the national figure of $375.

Yarragon has a typical household mix, with a fairly typical median household size

Family households constitute 71.2% of all households, including 25.6% couples with children, 35.6% couples without children, and 8.8% single parent families. Non-family households account for 28.8%, with lone person households at 27.9% and group households comprising 1.1%. The median household size is 2.4 people, which aligns with the Regional Vic. average.

Educational outcomes in Yarragon fall within the lower quartile nationally, indicating opportunities for improvement in qualification attainment

The area's university qualification rate is 15.9%, significantly lower than Victoria's average of 33.4%. Bachelor degrees are the most prevalent at 10.7%, followed by postgraduate qualifications (3.1%) and graduate diplomas (2.1%). Vocational credentials are prominent, with 42.1% of residents aged 15+ holding them - advanced diplomas at 11.7% and certificates at 30.4%. Educational participation is high, with 25.3% of residents currently enrolled in formal education.

This includes 10.4% in primary, 7.3% in secondary, and 2.7% in tertiary education.

Transport servicing is moderate compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility

Yarragon has three operational public transport stops offering a mix of train services. These stops are served by thirteen distinct routes, collectively facilitating 323 weekly passenger trips. The area's transport accessibility is considered limited, with residents typically residing 701 meters from the nearest transport stop. Primarily residential, most Yarragon residents commute outward, with cars being the dominant mode of transportation at 95%. On average, there are 1.7 vehicles per dwelling, exceeding the regional norm. According to the 2021 Census, 18.8% of residents work from home, which may be influenced by COVID-19 conditions.

Across all routes, service frequency averages 46 trips per day, equating to approximately 107 weekly trips per individual stop.

Health performance in Yarragon is lower than average with prevalence of common health conditions notable across both younger and older age cohorts

Yarragon faces significant health challenges based on AreaSearch's assessment of mortality rates and chronic condition prevalence.

The prevalence of common health conditions is notable across both younger and older age cohorts. Private health cover is relatively low at approximately 51% of the total population, which amounts to around 1,056 people. The most common medical conditions in the area are arthritis and mental health issues, affecting 9.9% and 9.2% of residents respectively. Conversely, 63.3% of residents declare themselves completely clear of medical ailments, compared to 63.4% across Regional Victoria. The working-age population faces notable health challenges with elevated chronic condition rates. As of the latest data (June 20XX), 25.4% of residents are aged 65 and over, totaling 524 people, which is higher than the 23.9% in Regional Victoria. Health outcomes among seniors present some challenges, with national rankings broadly in line with the general population.

Yarragon is considerably less culturally diverse than average when assessed alongside AreaSearch's national rankings for language and cultural background related metrics

Yarragon's cultural diversity was found to be below average, with 87.3% of its population born in Australia and 92.9% being citizens. English was spoken as the only language at home by 96.9% of residents. Christianity was the predominant religion, comprising 44.9% of Yarragon's population.

Notably, Judaism had no representation (0.0%), compared to Regional Vic.'s 0.1%. In terms of ancestry, Australians made up 33.5%, English 33.3%, and Scottish 8.6% of the population. Some ethnic groups were overrepresented: Dutch at 2.4% (regional average 1.7%), Hungarian at 0.4% (0.2%), and Maltese at 0.7% (0.5%).

Yarragon hosts a notably older demographic compared to the national average

Yarragon's median age is 43, matching Regional Vic.'s figure and exceeding the national average of 38. The age profile indicates that those aged 65-74 are notably prominent at 14.4%, while the 45-54 group is comparatively smaller at 9.4% than in Regional Vic. From the 2021 Census to present, the 75 to 84 age group has increased from 6.7% to 8.9%. Conversely, the 55 to 64 cohort has decreased from 15.3% to 13.7%. By 2041, demographic projections show significant shifts in Yarragon's age structure. The 25 to 34 group is projected to grow by 51%, adding 132 people and reaching 393 from the current 260. Conversely, numbers in the 65 to 74 age range are expected to fall by 9%.