Yarrawonga (Vic.)

Yarrawonga 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 Feb 2026, the estimated population of the suburb of Yarrawonga (Vic.) is around 9,523, reflecting a 10.0% increase from the 8,661 people reported in the 2021 Census. This growth is inferred from AreaSearch's resident population estimate of 8,883, based on examination of the latest ERP data release by the ABS (June 2024), and an additional 734 validated new addresses since the Census date. The current population density is 100 persons per square kilometer. This growth exceeds both the SA4 region (3.7%) and SA3 area, positioning Yarrawonga as a growth leader in the region. Interstate migration contributed approximately 87.0% of overall population gains during recent periods. AreaSearch's projections for Yarrawonga follow ABS/Geoscience Australia projections released in 2024 with a base year of 2022 for SA2 areas.

For areas not covered by this data, AreaSearch utilises VIC State Government's Regional/LGA projections released in 2023, adjusted using weighted aggregation from LGA to SA2 levels. Growth rates by age group are applied across all areas for years 2032 to 2041. Future population trends predict exceptional growth for Yarrawonga, placing it in the top 10 percent of national regional areas. By 2041, the area is expected to increase by 5,793 persons, reflecting a total increase of 54.1% over the 17-year period.

AreaSearch assessment of residential development activity positions Yarrawonga among the top 25% of areas assessed nationwide

AreaSearch analysis of ABS building approval numbers in Yarrawonga shows an average of 154 new dwelling approvals per year over the past five financial years, totalling approximately 772 homes. As of FY-26103 approvals have been recorded. The average number of new residents arriving per new home is 0.6 per year between FY-21 and FY-25. This indicates that new construction is meeting or exceeding demand, providing buyers with more options and potentially contributing to population growth beyond current expectations.

The average value of new properties under construction is $482,000, suggesting developers are targeting the premium market segment. In FY-26, there have been $3.3 million in commercial approvals, reflecting the area's primarily residential nature. Compared to Rest of Vic., Yarrawonga has 108.0% more construction activity per person, indicating strong developer confidence in the location. New development consists of 97.0% detached dwellings and 3.0% townhouses or apartments, maintaining the area's low-density character and attracting space-seeking buyers. With around 52 people per approval, Yarrawonga is a developing area.

According to AreaSearch's latest quarterly estimate, the population is projected to increase by 5,152 residents by 2041. Development is keeping pace with projected growth, but buyers may face increasing competition as the population expands.

Yarrawonga has very high levels of nearby infrastructure activity, ranking in the top 20% nationally

The performance of an area can significantly be influenced by changes in local infrastructure, major projects, and planning initiatives. AreaSearch has identified a total of 16 projects that are likely to impact the area. Notable among these are The Sebel Yarrawonga (Silverwoods Resort) - Stage 2 Expansion, Yarrawonga Village, Yarrawonga Multisport Stadium, and Yarrawonga Hospital New Theatre Suite. The following list details those projects deemed most relevant.

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

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The labour market in Yarrawonga demonstrates typical performance when compared to similar areas across Australia

Yarrawonga has a balanced workforce with both white and blue collar employment. Tourism and hospitality sectors are prominent, with an unemployment rate of 2.5% as per AreaSearch's aggregation of statistical area data. As of September 2025, there are 3,663 residents in work, with an unemployment rate of 1.3%, which is below Rest of Vic.'s rate of 3.8%.

Workforce participation stands at 50.3% compared to Rest of Vic.'s 61.4%. According to Census responses, only 9.1% of residents work from home. Employment is concentrated in health care & social assistance, construction, and accommodation & food sectors. Notably, employment levels in accommodation & food are at 1.9 times the regional average, while agriculture, forestry & fishing has limited presence with 4.2% employment compared to 7.5% regionally.

The area appears to offer limited local employment opportunities, as indicated by the count of Census working population versus resident population. Between September 2024 and September 2025, the labour force decreased by 10.4%, while employment declined by 11.6%, causing unemployment to rise by 1.3 percentage points. This contrasts with Rest of Vic., where employment contracted by 0.7%, the labour force fell by 0.6%, and unemployment rose marginally. Jobs and Skills Australia's national employment forecasts from May-25 suggest that national employment is forecast to expand by 6.6% over five years and 13.7% over ten years. Applying these projections to Yarrawonga's employment mix indicates local employment should increase by 5.9% over five years and 12.6% over ten years, though this is a simple weighting extrapolation for illustrative purposes and does not account for localised population projections.

The area's income levels rank in the lower 15% nationally based on AreaSearch comparative data

The suburb of Yarrawonga's income level is below the national average according to the latest ATO data aggregated by AreaSearch for financial year 2023. The median income among taxpayers in Yarrawonga is $45,855 and the average income stands at $57,721. These figures compare to those of Rest of Vic., which are $50,954 and $62,728 respectively. Based on Wage Price Index growth of 8.25% since financial year 2023, current estimates for Yarrawonga would be approximately $49,638 (median) and $62,483 (average) as of September 2025. Census data reveals that household, family and personal incomes in Yarrawonga all fall between the 10th and 15th percentiles nationally. In terms of income distribution, 27.6% of the population (2,628 individuals) in Yarrawonga fall within the $400 - 799 income range, differing from patterns across the surrounding region where $1,500 - 2,999 dominates with 30.3%. After housing costs, 85.8% of income remains, though this ranks at only the 12th percentile nationally.

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

Yarrawonga's dwelling structure, as per the latest Census, consisted of 84.3% houses and 15.8% other dwellings (semi-detached, apartments, 'other' dwellings). In comparison, Non-Metro Vic. had 90.1% houses and 9.9% other dwellings. Home ownership in Yarrawonga was 47.5%, with mortgaged dwellings at 28.5% and rented ones at 24.0%. The median monthly mortgage repayment was $1,430, aligning with Non-Metro Vic.'s average. The median weekly rent figure was $290, compared to Non-Metro Vic.'s $285. Nationally, Yarrawonga's mortgage repayments were lower at $1,430 versus Australia's average of $1,863, and rents were substantially below the national figure of $375.

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

Family households comprise 68.3% of all households, including 21.2% couples with children, 36.9% couples without children, and 9.7% single parent families. Non-family households account for 31.7%, with lone person households at 29.6% and group households comprising 2.2%. The median household size is 2.3 people, smaller than the Rest of Vic. average of 2.4.

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

The area's university qualification rate is 13.9%, significantly lower than the Victorian average of 33.4%. Bachelor degrees are the most common at 9.9%, followed by graduate diplomas (2.1%) and postgraduate qualifications (1.9%). Vocational credentials are prevalent, with 38.8% of residents aged 15+ holding them, including advanced diplomas (10.3%) and certificates (28.5%). A total of 24.8% of the population is actively engaged in formal education, comprising 9.9% in primary, 7.3% in secondary, and 1.8% in tertiary education.

A substantial 24.8% of the population actively pursues formal education. This includes 9.9% in primary education, 7.3% in secondary education, and 1.8% pursuing tertiary education.

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

Yarrawonga has six operational public transport stops offering a mix of train and bus services. These stops are served by eight distinct routes that facilitate 90 weekly passenger trips combined. Residents' access to transportation is considered limited, with an average distance of 1147 meters to the nearest stop. The area is predominantly residential, with outward commuting being the norm. Cars remain the primary mode of transport at 93%, while walking accounts for 4%. On average, there are 1.4 vehicles per dwelling.

According to the 2021 Census, only 9.1% of residents work from home, which may be influenced by COVID-19 conditions. Across all routes, service frequency averages 12 trips per day, equating to roughly 15 weekly trips per individual stop.

Health performance in Yarrawonga is lower than average with common health conditions somewhat prevalent across the board, though to a slightly higher degree among older age cohorts

Yarrawonga faces significant health challenges based on AreaSearch's assessment. Mortality rates and chronic condition prevalence are high, with common health conditions prevalent across all age groups but more so among older cohorts.

Approximately 50% of Yarrawonga's total population (~4733 people) has private health cover, lower than the national average of 55.7%. The most common medical conditions are arthritis and mental health issues, affecting 12.4% and 8.5% of residents respectively. Conversely, 59.4% of residents declare themselves completely clear of medical ailments, compared to 63.4% in the rest of Victoria. Working-age residents show a higher prevalence of chronic health conditions than average. The area has 30.8% of residents aged 65 and over (2933 people), higher than the 23.9% in the rest of Victoria. Health outcomes among seniors present challenges, ranking lower nationally than those of the broader population.

The latest Census data sees Yarrawonga placing among the least culturally diverse areas in the country when compared across a range of language and cultural background related metrics

Yarrawonga's cultural diversity was found to be below average, with 91.4% of its population being Australian citizens, born in Australia on 90.8%, and speaking English only at home on 96.5%. Christianity is the main religion in Yarrawonga, comprising 58.8% of people, compared to 47.3% across Rest of Vic.. The top three ancestry groups are English (34.1%), Australian (31.7%), and Irish (11.0%).

Notably, Scottish representation is higher at 9.3%, Maltese at 0.6%, and Sri Lankan at 0.1%.

Yarrawonga ranks among the oldest 10% of areas nationwide

Yarrawonga's median age is 51 years, which is significantly higher than the Rest of Vic average of 43 and considerably older than the Australian median of 38. Compared to the Rest of Vic average, the 65-74 cohort is notably over-represented at 16.0% locally, while the 45-54 year-olds are under-represented at 9.4%. This 65-74 concentration is well above the national average of 9.5%. Post-2021 Census data shows a rejuvenation in Yarrawonga's age profile, with the median age falling from 52 to 51 years. Notable shifts include the 25-34 age group growing from 8.7% to 10.5%, and the 35-44 cohort increasing from 9.1% to 10.7%. Conversely, the 65-74 cohort has declined from 17.7% to 16.0%, and the 45-54 group dropped from 10.8% to 9.4%. Demographic modeling suggests that Yarrawonga's age profile will evolve significantly by 2041, with the 25-34 cohort showing the strongest projected growth of 80%, adding 802 residents to reach a total of 1,802 in this age group.