Yarrawonga

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

Yarrawonga's population was around 8,956 as of May 2026. This reflected an increase of 295 people since the 2021 Census, which reported a population of 8,661 people. The change was inferred from the estimated resident population of 8,954 in June 2025 and an additional 890 validated new addresses since the Census date. This level of population equated to a density ratio of 94 persons per square kilometer. Yarrawonga's growth rate of 3.4% since the 2021 census exceeded that of its SA4 region (1.0%) and SA3 area, indicating it was a growth leader in the region. Interstate migration contributed approximately 85.3% of overall population gains during recent periods.

AreaSearch adopted 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 used the VIC State Government's Regional/LGA projections released in 2023, adjusted using weighted aggregation methods to SA2 levels. Growth rates by age group were applied across all areas for years 2032 to 2041. Demographic trends predicted exceptional growth over the period, with the area expected to expand by 5,515 persons to 2041 based on the latest annual ERP population numbers, reflecting a total gain of 61.5% over the 16 years.

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

Yarrawonga has seen approximately 154 new homes approved annually over the past five financial years, totalling 772 homes. As of FY-26162 approvals have been recorded. On average, 0.6 new residents arrive per year for each new home built between FY-21 and FY-25. New supply has kept pace with or exceeded demand, providing ample buyer choice and capacity for population growth beyond current forecasts.

The average construction value of new properties is $372,000, which is moderately higher than regional levels, indicating an emphasis on quality construction. In the current financial year, there have been $3.3 million in commercial approvals, suggesting limited focus on commercial development. Compared to the rest of Victoria, Yarrawonga has 107.0% more development activity per person, offering buyers greater choice and reflecting strong developer confidence in the location. New development consists predominantly of detached dwellings (97.0%) with a smaller proportion of attached dwellings (3.0%), maintaining the area's traditional low density character focused on family homes. With approximately 52 people per approval, Yarrawonga reflects a low density area.

According to AreaSearch's latest quarterly estimate, Yarrawonga is expected to grow by 5,512 residents through to 2041. Development has been keeping reasonable pace with projected growth, though buyers may face increasing competition as the population expands.

Yarrawonga has emerging levels of nearby infrastructure activity, ranking in the 36thth percentile nationally

Changes to local infrastructure significantly impact an area's performance. AreaSearch identified 16 projects likely affecting 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 most relevant projects.

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, and the unemployment rate is 2.3%. As of December 2025, 3711 residents are employed while the unemployment rate is 1.4% lower than Regional Vic.'s rate of 3.7%.

Workforce participation in Yarrawonga is at 50.3%, compared to Regional Vic.'s 61.0%. According to Census responses, only 9.1% of residents work from home. Leading employment industries include health care & social assistance, construction, and accommodation & food. The area has a notable concentration in accommodation & food, with employment levels at 1.9 times the regional average.

In contrast, agriculture, forestry & fishing employs just 4.2% of local workers, below Regional Vic.'s 7.5%. Over the year to December 2025, labour force levels decreased by 4.9%, and employment decreased by 5.6%, leading to an unemployment rate rise of 0.8 percentage points. Jobs and Skills Australia's national employment forecasts from May-25 suggest that Yarrawonga's employment should increase by 5.9% over five years and 12.6% over ten years, based on industry-specific projections.

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

Yarrawonga SA2's median income among taxpayers was $48,246 in financial year 2023, according to ATO data aggregated by AreaSearch. This figure is lower than the national average of $50,954 for Regional Vic. The average income in Yarrawonga SA2 was $60,179, compared to Regional Vic.'s $62,728. By March 2026, estimated median and average incomes would be approximately $52,887 and $65,968 respectively, based on a 9.62% growth in wages since financial year 2023. As of the 2021 Census, income levels in Yarrawonga fell between the 10th and 14th percentiles nationally for households, families, and individuals. The $400 - $799 earnings band captured 27.6% of the community (2,471 individuals), differing from the surrounding region where the $1,500 - $2,999 band dominated with 30.3%. After accounting for housing costs, 85.8% of income remained, ranking at 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 2016 Census, comprised 84.3% houses and 15.8% other dwellings. In comparison, Regional Vic.'s dwelling structure was 90.1% houses and 9.9% other dwellings. Home ownership in Yarrawonga stood at 47.5%, with mortgaged dwellings at 28.5% and rented dwellings at 24.0%. The median monthly mortgage repayment in the area was $1,430, aligning with Regional Vic.'s average. The median weekly rent figure was $290, compared to Regional Vic.'s $285. Nationally, Yarrawonga's median monthly mortgage repayments were lower at $1,430 than the Australian average of $1,863. Meanwhile, rents in Yarrawonga were substantially below the national figure of $375.

Yarrawonga has a typical household mix, with a lower-than-average 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 constitute 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 the Victorian average of 33.4%. This presents both a challenge and an opportunity for targeted educational initiatives. Bachelor degrees are the most common at 9.9%, followed by graduate diplomas at 2.1% and postgraduate qualifications at 1.9%. Trade and technical skills are prevalent, with 38.8% of residents aged 15 and above holding vocational credentials - advanced diplomas at 10.3% and certificates at 28.5%.

A substantial 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 active public transport stops, offering a mix of train and bus services. These stops are served by eight different routes, collectively providing 90 weekly passenger trips. Transport accessibility is limited, with residents typically located 1147 meters from the nearest stop. In this primarily residential area, most commuting is outward-bound. The car remains the dominant mode of transport at 93%, while 4% walk. On average, there are 1.4 vehicles per dwelling.

According to the 2021 Census, only 9.1% of residents work from home, which may reflect 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 well below average with prevalence of common health conditions notable across both younger and older age cohorts

Yarrawonga faces significant health challenges based on AreaSearch's assessment. Mortality rates and chronic condition prevalence are notable across both younger and older age cohorts.

Approximately 49% of Yarrawonga's total population (~4,379 people) has private health cover, lower than 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 report being completely clear of medical ailments, compared to 63.4% across Regional Vic. Working-age residents have an above-average prevalence of chronic health conditions. The area has a higher proportion of seniors aged 65 and over at 32.2% (2,887 people), compared to the regional Victorian average of 23.9%. Health outcomes among seniors present some challenges, with national rankings broadly in line with the general 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. Its population was predominantly Australian citizens, with 91.4% being citizens and 90.8% born in Australia. English was the primary language spoken at home by 96.5%.

The majority religion was Christianity, practiced by 58.8% of people, 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 overrepresented at 9.3%, compared to 8.8% regionally, while Maltese ancestry was present at 0.6%.

Yarrawonga ranks among the oldest 10% of areas nationwide

Yarrawonga's median age at 51 years is significantly higher than Regional Vic.'s average of 43 and considerably older than Australia's median of 38. The 65-74 cohort is notably over-represented locally at 16.5%, compared to the regional average, while the 45-54 age group is under-represented at 9.5%. This concentration of the 65-74 cohort is well above the national average of 9.4%. Post-2021 Census data shows the 35-44 age group grew from 9.1% to 10.5%, and the 25-34 cohort increased from 8.7% to 9.8%. Conversely, the 45-54 cohort declined from 10.8% to 9.5%, and the 65-74 group dropped from 17.7% to 16.5%. By 2041, Yarrawonga is expected to see notable shifts in its age composition, with the 35-44 group leading this demographic shift by growing by 86%, reaching 1,748 people from 937.