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 November 2025, the population of the Yarragon statistical area is estimated to be around 2,062. This figure represents an increase of 169 people since the 2021 Census, which reported a population of 1,893. The change is inferred from AreaSearch's estimation of the resident population as 1,876 in June 2024 and the validation of 18 new addresses since the Census date. This results in a population density ratio of 30 persons per square kilometer. Between the 2016 and 2021 Censuses, the Yarragon (SA2) experienced an 8.9% growth rate, surpassing the non-metro area's 7.9%. This growth was primarily driven by interstate migration contributing approximately 46.0% of overall population gains.

AreaSearch is employing ABS/Geoscience Australia projections for each SA2 area released in June 2024 with a base year of 2022. For areas not covered, they are utilizing the VIC State Government's Regional/LGA projections from 2023, adjusting using weighted aggregation methods to SA2 levels. By 2041, based on aggregated SA2-level projections, the Yarragon (SA2) is expected to expand by 332 persons, reflecting a total increase of 9.8% over the 17-year period.

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

AreaSearch analysis of ABS building approval numbers shows Yarragon had approximately 4 dwellings receiving development approval annually over the past five financial years, totalling around 21 homes. In FY-26 so far, 1 approval has been recorded. On average, 5.4 people moved to the area each year for every dwelling built between FY-21 and FY-25, indicating supply is substantially lagging demand. New homes are being constructed at an average value of $460,000, suggesting a focus on the premium segment with upmarket properties.

This financial year has seen $700,000 in commercial approvals, predominantly for residential developments. Compared to the rest of Victoria, Yarragon shows substantially reduced construction activity, 80.0% below the regional average per person. Construction activity is also lower than nationally, reflecting market maturity and possible development constraints. New building activity comprises 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, which is currently 98.0% houses, reflecting reduced availability of development sites and addressing shifting lifestyle demands and affordability requirements. The estimated count of 349 people in the area per dwelling approval reflects its quiet, low activity development environment.

According to the latest AreaSearch quarterly estimate, Yarragon is expected to grow by 203 residents through to 2041. 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

Changes to local infrastructure significantly influence an area's performance. AreaSearch identified five projects that could impact this region. Notable projects are The Range Estate, Trafalgar Road Network Repairs, Trafalgar Structure Plan, and Gippsland Odyssey Trail (Trafalgar Section). Relevant details of these projects follow.

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

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AreaSearch analysis reveals Yarragon significantly outperforming the majority of regions assessed nationwide

Yarragon has a balanced workforce with both white and blue collar jobs. The unemployment rate in Yarragon is 2.3%, lower than the national average.

In the past year, employment grew by 4.5%. As of September 2025981 residents are employed, with an unemployment rate of 1.5% below Rest of Vic.'s rate of 3.8%. The workforce participation rate is similar to Rest of Vic.'s at 57.4%. The leading employment industries in Yarragon are health care & social assistance, construction, and agriculture, forestry & fishing.

Employment in construction is particularly high, with a share of 1.3 times the regional level. However, accommodation & food employs only 5.2% of local workers, below Rest of Vic.'s rate of 6.9%. The area may offer limited employment opportunities locally, as indicated by census data comparing working population to resident population. Between September 2024 and September 2025, employment levels increased by 4.5% and labour force increased by 4.0%, reducing the unemployment rate by 0.4 percentage points. In contrast, Rest of Vic. saw a decrease in employment by 0.7%. State-level data from November 25 shows VIC employment grew by 1.13% year-on-year, with an unemployment rate of 4.7%. National forecasts from Jobs and Skills Australia project national employment to grow by 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.

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

According to AreaSearch's aggregation of latest postcode level ATO data released for financial year ended 30 June 2023, Yarragon suburb had a median income among taxpayers of $47,998. The average income stood at $61,456. Both figures are below the national averages of $50,954 and $62,728 respectively for Rest of Vic. Based on Wage Price Index growth of 8.25% since financial year ended 30 June 2023, estimated incomes as of September 2025 would be approximately $51,958 (median) and $66,526 (average). Census 2021 income data shows household, family and personal incomes in Yarragon rank modestly, between the 25th and 30th percentiles. Income distribution data indicates 29.6% of population (610 individuals) fall within $1,500 - 2,999 income range, similar to regional average of 30.3%. After housing costs, 86.1% of income remains, ranking at 28th percentile nationally. Yarragon'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 2.1% being semi-detached, apartments, or other types. This is compared to Non-Metro Vic.'s 91.6% houses and 8.4% other dwellings. 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, below Non-Metro Vic.'s average of $1,600. The median weekly rent in Yarragon was $320, matching Non-Metro Vic.'s figure but significantly lower than the national average of $375 for rents and $1,863 for mortgage repayments.

Yarragon has a typical household mix, with a lower-than-average median household size

Family households constitute 71.2% of all households, broken down into 25.6% couples with children, 35.6% couples without children, and 8.8% single parent families. Non-family households account for the remaining 28.8%, with lone person households at 27.9% and group households comprising 1.1% of the total. The median household size is 2.4 people, which is smaller than the Rest of Vic. average of 2.5.

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 common at 10.7%, followed by postgraduate qualifications (3.1%) and graduate diplomas (2.1%). Vocational credentials are prevalent, with 42.1% of residents aged 15+ holding them, including advanced diplomas (11.7%) and certificates (30.4%). Educational participation is high at 25.3%, with 10.4% in primary education, 7.3% in secondary education, and 2.7% pursuing tertiary education.

Educational participation is notably high, with 25.3% of residents currently enrolled in formal education. This includes 10.4% in primary education, 7.3% in secondary education, and 2.7% pursuing tertiary education.

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

Yarragon has three active public transport stops that offer a mix of train and bus services. These stops are served by thirteen different routes which together facilitate 323 weekly passenger trips. The accessibility of these transports is limited with residents typically located 701 meters away from the nearest stop.

On average, there are 46 trips per day across all routes, resulting in approximately 107 weekly trips per individual stop.

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

Yarragon faces significant health challenges, as indicated by health data.

Both younger and older age groups have notable prevalence of common health conditions. Approximately 51% (~1,054 people) of Yarragon residents have private health cover, which is relatively low compared to other areas. The most prevalent medical conditions are arthritis (9.9%) and mental health issues (9.2%). However, 63.3% of residents claim to be completely free from medical ailments, similar to the 63.7% reported in Rest of Vic. The area has a higher percentage of seniors aged 65 and over at 24.6% (507 people), compared to the state average of 20.8%. Health outcomes among seniors present challenges broadly consistent with those experienced by 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, as per the census conducted on 9 August 2016, showed a lower level of cultural diversity with 87.3% of its residents born in Australia, 92.9% being Australian citizens, and 96.9% speaking English at home. Christianity was the predominant religion in Yarragon, accounting for 44.9% of the population. Notably, Judaism was not represented in Yarragon's population, unlike in the rest of Victoria where it constituted 0.1%.

The top three ancestry groups were Australian (33.5%), English (33.3%), and Scottish (8.6%). Some ethnic groups showed significant differences in representation: Dutch at 2.4% in Yarragon compared to 2.7% regionally, Hungarian at 0.4% versus 0.3%, and Maltese at 0.7% against 0.4%.

Yarragon hosts a notably older demographic compared to the national average

Yarragon's median age is 43, matching the Rest of Vic figure and exceeding the national average of 38. The age profile indicates that those aged 25-34 make up 13.8%, while the 45-54 group comprises 9.1%. Between 2021 Census and now, the 75 to 84 age group has increased from 6.7% to 8.1%, while 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. Notably, the 25-34 group is projected to grow by 41%, reaching 400 people from 284 currently. Conversely, population declines are anticipated for the 15-24 and 5-14 cohorts.