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. This figure reflects a growth of 862 people since the 2021 Census, which reported a population of 8,661. The increase was inferred from AreaSearch's estimate of 8,883 residents in Jun 2024 and an additional 734 validated new addresses since the Census date. This results in a population density ratio of 100 persons per square kilometer. Yarrawonga's growth rate of 10.0% between 2021 and 2026 exceeded both its SA4 region (3.7%) and SA3 area, making it a growth leader. Interstate migration contributed approximately 87.0% to the overall population gains during this period.

AreaSearch's projections for Yarrawonga are based on ABS/Geoscience Australia data released in 2024 with a base year of 2022. For areas not covered by this data, VIC State Government's Regional/LGA projections from 2023 are used with adjustments made employing weighted aggregation methods. 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 5,790 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 for Yarrawonga shows an average of 154 new dwelling approvals per year over the past five financial years, totalling approximately 772 homes. As of FY-26 so far, 109 approvals have been recorded. The average number of new residents arriving per new home in the area has been around 0.6 per year between FY-21 and FY-25. This suggests that new construction is meeting or exceeding demand, providing buyers with more options and potentially facilitating population growth beyond current projections.

The average value of new properties being constructed is $482,000, indicating a focus on the premium market segment by developers. In FY-26 to date, 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, suggesting strong developer confidence in the location. New development in the area consists predominantly of detached dwellings (97.0%) with a smaller proportion of townhouses or apartments (3.0%), maintaining the area's low-density character and appealing to buyers seeking space. With approximately 52 people per approval, Yarrawonga is experiencing growth reflective of a developing area.

According to AreaSearch's latest quarterly estimate, the population is projected to increase by 5,150 residents by 2041. Development activity appears to be keeping pace with projected growth, although buyers may face increasing competition as the population continues to expand.

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

Changes to local infrastructure significantly impact an area's performance. AreaSearch has identified 16 projects likely to affect the region. Notable initiatives include The Sebel Yarrawonga (Silverwoods Resort) - Stage 2 Expansion, Yarrawonga Village, Yarrawonga Multisport Stadium, and Yarrawonga Hospital New Theatre Suite. Below is a list of projects expected to have the most relevance.

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

Denotes AI-based impression for illustrative purposes only, not to be taken as definitive under any circumstances. Please follow links and conduct other investigations from the project's source for actual imagery. Developers and project owners wishing us to use original imagery please Contact Us and we will do so.

The employment environment in Yarrawonga shows above-average strength when compared nationally

Yarrawonga has a balanced workforce with both white and blue collar jobs. The tourism and hospitality sectors are prominent. As of December 2025, the unemployment rate is 2.3%.

This is lower than Regional Vic.'s rate of 3.7%, but workforce participation lags at 50.7% compared to Regional Vic.'s 61.5%. Only 9.1% of residents work from home, though Covid-19 lockdown impacts should be considered. Employment is concentrated in health care & social assistance, construction, and accommodation & food, with the latter being particularly notable at 1.9 times the regional average. Agriculture, forestry & fishing has limited presence at 4.2% compared to 7.5% regionally.

The area appears to offer limited local employment opportunities. Between December 2024 and December 2025, the labour force decreased by 4.9%, while employment declined by 5.6%, causing unemployment to rise by 0.8 percentage points. This contrasts with Regional Vic., where employment contracted by 0.6%, the labour force fell by 0.7%, and unemployment fell by 0.1 percentage points. Jobs and Skills Australia's national employment forecasts from May-25 suggest that national employment will expand by 6.6% over five years and 13.7% over ten years. Applying these projections to Yarrawonga's employment mix suggests 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 take into account localised population projections.

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

Yarrawonga's median income among taxpayers in financial year 2023 was $45,855. The average income stood at $57,721 during the same period. These figures are lower than those for Regional Vic., which were $50,954 and $62,728 respectively. By September 2025, estimated median and average incomes in Yarrawonga would be approximately $49,638 and $62,483 based on an 8.25% Wage Price Index growth since financial year 2023. Census data indicates that household, family, and personal incomes in Yarrawonga fall between the 10th and 15th percentiles nationally. In Yarrawonga, 27.6% of individuals have incomes ranging from $400 to $799, unlike surrounding regions where incomes primarily fall within the $1,500 to $2,999 range (30.3%). After accounting for housing costs, 85.8% of income remains in Yarrawonga, ranking at the 12th percentile nationally.

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

In Yarrawonga, as per the latest Census, 84.3% of dwellings were houses with the remaining 15.8% being semi-detached, apartments, or other types. This is compared to Regional Vic.'s 90.1% houses and 9.9% other dwellings. Home ownership in Yarrawonga stood at 47.5%, with mortgaged dwellings at 28.5% and rented ones at 24.0%. The median monthly mortgage repayment was $1,430, aligning with Regional Vic.'s average, while the median weekly rent was $290 compared to Regional Vic.'s $285. Nationally, Yarrawonga's mortgage repayments were lower than the Australian 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 constitute 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 the remaining 31.7%, with lone person households at 29.6% and group households comprising 2.2%. The median household size is 2.3 people, which is smaller than the Regional 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 Victoria's average of 33.4%. This disparity presents both a challenge and an opportunity for targeted educational initiatives. Bachelor degrees are the most common at 9.9%, followed by graduate diplomas (2.1%) and postgraduate qualifications (1.9%). Trade and technical skills are prevalent, with 38.8% of residents aged 15+ holding vocational credentials - advanced diplomas (10.3%) and certificates (28.5%).

A significant 24.8% of the population is actively engaged in formal education, including 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 routes that collectively facilitate 90 weekly passenger trips. Transport access is limited with residents typically located 1147 meters from the nearest stop. The area is predominantly residential, with outward commuting being common. 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. Service frequency averages 12 trips per day across all routes, equating to approximately 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, as assessed by AreaSearch's analysis of mortality rates and chronic condition prevalence. Common health conditions are somewhat prevalent across all age groups but more so among older cohorts.

Approximately 50% (~4733 people) of Yarrawonga's population has private health cover, compared to the national average of 55.7%. The most common medical conditions are arthritis (12.4%) and mental health issues (8.5%). About 59.4% of residents report having no medical ailments, compared to 63.4% in Regional Victoria. Working-age residents have a higher prevalence of chronic health conditions than average. Yarrawonga has a larger proportion of seniors aged 65 and over at 31.0% (2952 people), compared to the regional Victorian average of 23.9%. Health outcomes among seniors present some 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 had a cultural diversity level below average, with 91.4% of its population being citizens, 90.8% born in Australia, and 96.5% speaking English only at home. Christianity was the predominant religion, accounting for 58.8% of people in Yarrawonga, compared to 47.3% across Regional Vic. The top three ancestry groups were English (34.1%), Australian (31.7%), and Irish (11.0%).

Notably, Scottish ancestry was slightly higher at 9.3% compared to the regional average of 8.8%. Maltese and Sri Lankan ancestries had similar representation in Yarrawonga as regionally, with 0.6% and 0.1%, respectively.

Yarrawonga ranks among the oldest 10% of areas nationwide

Yarrawonga's median age is 51 years, significantly higher than Regional Victoria's average of 43 and Australia's median of 38. The 65-74 cohort is notably over-represented in Yarrawonga at 16.1%, compared to the Regional Vic. average and the national figure of 9.5%. Meanwhile, the 45-54 age group is under-represented at 9.4%. Post-2021 Census data shows that the 25-34 age group grew from 8.7% to 10.6%, while the 35-44 cohort increased from 9.1% to 10.7%. Conversely, the 65-74 group declined from 17.7% to 16.1% and the 45-54 age group dropped from 10.8% to 9.4%. By 2041, Yarrawonga's demographic is expected to shift notably, with the 35-44 age group growing by 78%, reaching 1,816 people from 1,018.