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 Nov 2025, the population of the Yarrawonga (Vic.) statistical area (Lv2) is estimated at around 9,521, reflecting a growth of 860 people since the 2021 Census which reported a population of 8,661. This increase represents a 9.9% change from the 2021 figure. The resident population was estimated at 8,883 by AreaSearch following examination of the latest ERP data release by the ABS in June 2024 and an additional 719 validated new addresses since the Census date. This level of population equates to a density ratio of 100 persons per square kilometer. The Yarrawonga (Vic.) (SA2) experienced a growth rate exceeding that of its SA4 region (3.5%) and SA3 area, marking it as a growth leader in the region. Interstate migration contributed approximately 87.0% of overall population gains during recent periods.

AreaSearch is adopting ABS/Geoscience Australia projections for each SA2 area released in 2024 with a base year of 2022. For areas not covered by this data, AreaSearch utilises the 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 from these aggregations are also applied across all areas for years 2032 to 2041. Future population trends predict exceptional growth, placing the area in the top 10 percent of national regional areas. By 2041, the Yarrawonga (Vic.) (SA2) is expected to increase by 5,793 persons based on aggregated SA2-level projections, reflecting an overall 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. This totals an estimated 772 homes. In FY-26103 approvals have been recorded so far. The average number of new residents arriving per new home is 0.6 per year between FY-21 and FY-25.

New construction matches or outpaces demand in the area. The average value of new properties under construction is $482,000, indicating a focus on the premium market segment. There have been $3.3 million in commercial approvals this financial year. Compared to Rest of Vic., Yarrawonga has 108.0% more construction activity per person. This suggests 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. There are around 52 people per approval in Yarrawonga, reflecting a developing area. According to AreaSearch's latest quarterly estimate, Yarrawonga is projected to add 5,154 residents by 2041. Development keeps reasonable pace with projected growth, though 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 16 such 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 provides details on those expected to be most relevant.

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

Yarrawonga has a balanced workforce with white and blue collar employment. Tourism and hospitality sectors are prominent.

The unemployment rate is 2.5%, according to AreaSearch's aggregation of statistical area data. As of September 2025, 3663 residents are employed while the unemployment rate is 1.3% lower than Rest of Vic.'s rate of 3.8%. Workforce participation is at 47.8%, compared to Rest of Vic.'s 57.4%. Employment is concentrated in health care & social assistance, construction, and accommodation & food.

Accommodation & food has notably high employment levels, at 1.9 times the regional average. Agriculture, forestry & fishing has limited presence with 4.2% employment compared to 7.5% regionally. The area may offer limited local employment opportunities, as indicated by Census data comparing working population and resident population. Between September 2024 and September 2025, the labour force decreased by 10.4%, and employment declined by 11.6%, causing unemployment to rise by 1.3 percentage points. In contrast, Rest of Vic. saw employment contract by 0.7% and the labour force fall by 0.6%. State-level data from 25-Nov shows VIC employment grew by 1.13% year-on-year, with an unemployment rate of 4.7%, compared to the national rate of 4.3%. Jobs and Skills Australia's projections forecast national employment growth of 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 extrapolation for illustrative purposes only.

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. In comparison, Rest of Vic.'s median income is $50,954 and average income is $62,728. Based on Wage Price Index growth of 8.25% since financial year 2023, current estimates for Yarrawonga's median income would be approximately $49,638 as of September 2025, with the average income estimated at $62,483 during the same period. 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 (2,627 individuals) in Yarrawonga fall within the $400 - $799 income range, while in the surrounding region, 30.3% fall within the $1,500 - $2,999 range. After housing expenses, 85.8% of income remains for residents of Yarrawonga, which 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 structures, as per the latest Census, consisted of 84.3% houses and 15.8% other dwellings (semi-detached, apartments, 'other' dwellings). This compares to Non-Metro Vic.'s figures of 90.8% houses and 9.3% other dwellings. Home ownership in Yarrawonga was at 47.5%, with the remaining dwellings being mortgaged (28.5%) or rented (24.0%). The median monthly mortgage repayment was $1,430, higher than Non-Metro Vic.'s average of $1,300. Weekly rent in Yarrawonga was recorded at $290, compared to Non-Metro Vic.'s $250. Nationally, Yarrawonga's median monthly mortgage repayment is lower than the Australian average of $1,863, while weekly rents are substantially below the national figure of $375.

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

Family households account for 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 make up 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, matching the average for the Rest of Vic.

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 operational public transport stops offering a mix of train and bus services. These stops are served by eight distinct routes, collectively facilitating 90 weekly passenger trips. Transport accessibility is rated as limited with residents situated an average of 1147 meters from the nearest stop.

Service frequency averages twelve trips per day across all routes, equating to approximately fifteen weekly trips per individual stop.

Health performance in Yarrawonga is a key challenge with a range of health conditions having marked impacts on both younger and older age cohorts

Yarrawonga faces significant health challenges, with various conditions affecting both younger and older residents. Approximately 50% (~4,732 people) have private health cover, compared to Victoria's 47.3%. Nationally, this figure stands at 55.7%.

The most prevalent medical conditions are arthritis (12.4%) and mental health issues (8.5%), with 59.4% reporting no medical ailments, similar to Rest of Vic.'s 60.0%. Residents aged 65 and over constitute 31.3% (2,980 people), exceeding the state's average of 27.0%. Health outcomes among seniors show some challenges but perform better than the general population in health metrics.

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, as per the findings, had a cultural diversity level below average. Its population composition was 91.4% citizens, with 90.8% born in Australia and 96.5% speaking English only at home. Christianity dominated as the primary religion in Yarrawonga, accounting for 58.8%, compared to 56.1% across Rest of Vic..

The top three ancestry groups were English (34.1%), Australian (31.7%), and Irish (11.0%). Notably, Scottish ancestry was overrepresented at 9.3% in Yarrawonga versus 8.3% regionally, Maltese at 0.6% compared to 0.4%, and Sri Lankan at 0.1% where the regional figure was 0.0%.

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., the 65-74 cohort is notably over-represented in Yarrawonga at 16.0%, while the 45-54 age group is under-represented at 9.6%. This 65-74 concentration is well above the national average of 9.4%. Post-2021 Census data shows that the 35 to 44 age group has grown from 9.1% to 10.4%, and the 25 to 34 cohort increased from 8.7% to 9.9%. Conversely, the 65 to 74 cohort has declined from 17.7% to 16.0%, and the 45 to 54 group dropped from 10.8% to 9.6%. By 2041, Yarrawonga is expected to see notable shifts in its age composition, with the 25 to 34 group projected to grow by 91% (859 people), reaching 1,802 from a starting point of 942.