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 May 2026, the estimated population of the suburb of Yarrawonga (Vic.) is around 8,956, reflecting a growth of 3.4% since the 2021 Census which reported a population of 8,661. This increase is inferred from AreaSearch's estimation of the resident population at 8,954 based on their examination of the latest ERP data release by the ABS in June 2025 and an additional 890 validated new addresses since the Census date. The population density ratio is 94 persons per square kilometer. Yarrawonga's growth exceeded that of its SA4 region (1.0%) and SA3 area, making it a growth leader in the region. Interstate migration contributed approximately 87.0% of overall population gains during recent periods. AreaSearch adopts ABS/Geoscience Australia projections for each SA2 area as released in 2024 with 2022 as the base year.

For areas not covered by this data, they utilise VIC State Government's Regional/LGA projections released in 2023 and adjust using 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. Future trends predict exceptional growth, placing Yarrawonga in the top 10 percent of national regional areas. By 2041, the area is expected to increase by 5,516 persons, reflecting a total increase of 61.6% over the 16 years.

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

AreaSearch analysis of ABS building approval numbers, allocated from statistical area data, indicates Yarrawonga has averaged approximately 154 new dwelling approvals annually over the past five financial years, totalling an estimated 772 homes. As of FY-26162 approvals have been recorded. On average, 0.6 new residents per year arrive per new home in Yarrawonga between FY-21 and FY-25. New construction is matching or outpacing demand, offering buyers more options while enabling population growth that could exceed current expectations.

The average construction value of new properties is $482,000, suggesting developers target the premium market segment with higher-end properties. This financial year has seen $3.3 million in commercial approvals, reflecting Yarrawonga's primarily residential nature. Compared to Rest of Vic., Yarrawonga has 107.0% 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, preserving the area's low density nature with an emphasis on detached housing attracting space-seeking buyers. With around 52 people per approval, Yarrawonga reflects a low density area.

Future projections estimate Yarrawonga will add 5,514 residents by 2041, based on the latest AreaSearch quarterly estimate. Development is keeping reasonable pace with projected growth, though buyers may face increasing competition as the population expands.

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

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

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

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

Yarrawonga has a balanced workforce with both white and blue collar jobs. Tourism and hospitality sectors are prominent. The unemployment rate is 2.3%, according to AreaSearch's statistical area data aggregation.

As of December 2025, there are 3,711 residents employed. The unemployment rate is 1.4% lower than Regional Vic.'s rate of 3.7%. Workforce participation in Yarrawonga stands at 50.3%, compared to Regional Vic.'s 61.0%. Census responses indicate that only 9.1% of residents work from home.

Employment is concentrated in health care & social assistance, construction, and accommodation & food sectors. Notably, employment in accommodation & food is at 1.9 times the regional average, while agriculture, forestry & fishing has limited presence with 4.2% employment compared to Regional Vic.'s 7.5%. The area may offer limited local employment opportunities, as suggested by the count of Census working population versus resident population. 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 provide further insight into potential future demand within Yarrawonga. These projections suggest national employment will expand by 6.6% over five years and 13.7% over ten years, with varying growth rates across industry sectors. 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, based on simple weighting extrapolation for illustrative purposes.

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 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. This compares to Regional Vic.'s median of $50,954 and average of $62,728 respectively. Based on Wage Price Index growth of 9.62% since financial year 2023, current estimates for Yarrawonga's median income would be approximately $50,266 and the average would be around $63,274 as of March 2026. Census data shows 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 (2,471 individuals) in Yarrawonga fall within the $400 - $799 income range, differing from surrounding regions where $1,500 - $2,999 dominates with 30.3%. After housing costs, 85.8% of income remains, ranking at only the 12th percentile nationally.

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

Dwelling structure in Yarrawonga, as evaluated at the latest Census held on 28 August 2016, comprised 84.3% houses and 15.8% other dwellings such as semi-detached homes, apartments, and 'other' dwellings. This is compared to Regional Victoria's structure of 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%. The median monthly mortgage repayment was $1,430, aligning with Regional Victoria's average. The median weekly rent was $290, compared to Regional Victoria's $285. Nationally, Yarrawonga's mortgage repayments were significantly lower than the Australian average of $1,863 as of June 2021, while rents were substantially below the national figure of $375 for the same period.

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% of the total. 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%. 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 active public transport stops offering a mix of train and bus services. These are served by eight routes that facilitate 90 weekly passenger trips in total. Transport accessibility is considered limited, with residents living an average of 1147 meters from the nearest stop. In this predominantly residential area, most commuters travel outward, primarily by car (93%). Walking accounts for 4% of journeys. 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 across all routes 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 (~4,452 people) 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%). Conversely, 59.4% of residents claim to have no medical ailments, compared to 63.4% across Regional Vic. Working-age residents show a higher prevalence of chronic health conditions. The area has 32.2% of residents aged 65 and over (2,883 people), which is higher than the 23.9% in Regional Vic. Health outcomes among seniors present some challenges but rank lower nationally compared to 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 and 90.8% born in Australia. The majority spoke English only at home, at 96.5%. Christianity was the predominant religion, comprising 58.8% of Yarrawonga's population, compared to 47.3% across Regional Vic.

The top three ancestry groups were English (34.1%), Australian (31.7%), and Irish (11.0%). Scottish ancestry was notably higher in Yarrawonga at 9.3%, compared to 8.8% regionally, while Maltese and Sri Lankan ancestries were similarly represented at 0.6% and 0.1% respectively.

Yarrawonga ranks among the oldest 10% of areas nationwide

Yarrawonga's median age is 51 years, which is significantly higher than the Regional Vic. average of 43 and considerably older than the Australian median of 38. Compared to the Regional Vic. average, the 65-74 cohort is notably over-represented at 16.4% locally, while the 45-54 year-olds are under-represented at 9.5%. This concentration of the 65-74 age group is well above the national average of 9.4%. According to post-2021 Census data, the 35 to 44 age group has grown from 9.1% to 10.5%, and the 25 to 34 cohort increased from 8.7% to 9.8%. Conversely, the 45 to 54 cohort has declined from 10.8% to 9.5%, and the 65 to 74 group dropped from 17.7% to 16.4%. By 2041, Yarrawonga is expected to see notable shifts in its age composition, with the 35 to 44 group projected to grow by 85%, adding 802 people and reaching a total of 1,743 from the current 940.