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

Based on AreaSearch's analysis, Yarrawonga's population is around 9,523 as of Feb 2026. This reflects an increase of 862 people (10.0%) since the 2021 Census, which reported a population of 8,661 people. The change is inferred from the estimated resident population of 8,883 from the ABS as of June 2024 and an additional 734 validated new addresses since the Census date. This population level equates to a density ratio of 100 persons per square kilometer, providing significant space per person and potential room for further development. Yarrawonga's 10.0% growth since the 2021 census exceeded the SA4 region (3.7%) and the SA3 area, marking it as a growth leader in the region. Population growth for the area was primarily driven by interstate migration, which contributed approximately 87.5% of overall population gains during recent periods.

AreaSearch is adopting ABS/Geoscience Australia projections for each SA2 area, as released in 2024 with 2022 as the base year. For any SA2 areas not covered by this data, AreaSearch is utilising 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. Anticipating future population dynamics, exceptional growth, placing it in the top 10 percent of Australia's non-metropolitan areas, is predicted over the period, with the area expected to increase by 5,793 persons by 2041 based on the latest annual ERP population numbers, reflecting an increase of 54.1% in total over the 17 years.

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

Yarrawonga has averaged around 154 new dwelling approvals annually, with 772 homes approved over the past 5 financial years (between FY-21 and FY-25) and 109 so far in FY-26. With an average of only 0.6 people per year moving to the area for each dwelling built over the past 5 financial years (between FY-21 and FY-25), new supply is keeping pace with or exceeding demand, offering ample buyer choice and creating capacity for population growth beyond current forecasts, while new properties are constructed at an average value of $372,000—slightly above the regional average—suggesting a focus on quality developments. Additionally, $3.3 million in commercial approvals have been registered this financial year, demonstrating the area's primarily residential nature.

Compared to the rest of Victoria, Yarrawonga records 108.0% more construction activity (per person), creating greater choice for buyers. This activity is well above average nationally, reflecting strong developer confidence in the area. New building activity shows 97.0% standalone homes and 3.0% attached dwellings, maintaining the area's traditional low-density character with a focus on family homes appealing to those seeking space. The location has approximately 52 people per dwelling approval, indicating an expanding market.

Future projections show Yarrawonga adding 5,152 residents by 2041 (from the latest AreaSearch quarterly estimate). Building activity is keeping pace with growth projections, though buyers may experience heightened competition as the population grows.

Yarrawonga has emerging levels of nearby infrastructure activity, ranking in the 33rdth percentile nationally

Nothing can influence an area's performance as much as changes to local infrastructure, major projects, and planning initiatives. In total, 16 projects have been identified by AreaSearch that are likely to have an impact on the area. Key projects include The Sebel Yarrawonga (Silverwoods Resort) - Stage 2 Expansion, Yarrawonga Village, Yarrawonga Multisport Stadium, and Yarrawonga Hospital New Theatre Suite, with the list below detailing those likely to be of 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 possesses a balanced workforce spanning white and blue collar employment, with tourism and hospitality sectors prominently featured, and an unemployment rate of just 2.3%. As of December 2025, 3,711 residents are in work while the unemployment rate is 1.4% below Regional Vic.'s rate of 3.7%, and workforce participation lags significantly (50.8% compared to Regional Vic.'s 61.5%). Based on Census responses, a low 9.1% of residents were found to work from home, though Covid-19 lockdown impacts should be considered.

The key industries of employment among residents are health care & social assistance, construction, and accommodation & food. The area shows particularly strong specialization in accommodation & food, with an employment share of 1.9 times the regional level. On the other hand, agriculture, forestry & fishing is under-represented, with only 4.2% of Yarrawonga's workforce compared to 7.5% in Regional Vic.. The area appears to offer limited employment opportunities locally, as indicated by the count of Census working population vs resident population.

Based on AreaSearch analysis of SALM and ABS data, over the 12 months to December 2025, labour force levels decreased by 4.9% while employment declined by 5.6%, resulting in the unemployment rate rising by 0.8 percentage points. This compares to Regional Vic., where employment fell by 0.6%, labour force contracted by 0.7%, and unemployment fell 0.1 percentage points. Jobs and Skills Australia's national employment forecasts from May-25 can offer further insight into potential future demand within Yarrawonga. These projections, covering five and ten-year periods, have been mapped against the local employment profile to estimate growth patterns. While national employment is forecast to expand by 6.6% over five years and 13.7% over ten years, growth rates differ significantly between industry sectors. Applying these industry-specific projections to Yarrawonga's employment mix suggests local employment should increase by 5.9% over five years and 12.6% over ten years (please note 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

AreaSearch's latest postcode level ATO data for FY-23 reveals that income in the Yarrawonga SA2 is lower than average on a national basis, with the median assessed at $48,246 while the average income stands at $60,179. This contrasts with Regional Vic.'s figures of a median income of $50,954 and an average income of $62,728. Based on Wage Price Index growth of 8.25% since FY-23, current estimates would be approximately $52,226 (median) and $65,144 (average) as of September 2025. Census 2021 income data shows household, family and personal incomes in Yarrawonga all fall between the 10th and 14th percentiles nationally. Income brackets indicate 27.6% of the population (2,628 individuals) fall within the $400 - 799 income range, diverging from the metropolitan region where the $1,500 - 2,999 category predominates at 30.3%. After housing, 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

Dwelling structure within Yarrawonga, as evaluated at the latest Census, comprised 84.3% houses and 15.8% other dwellings (semi-detached, apartments, 'other' dwellings), in comparison to Regional Vic.'s 90.1% houses and 9.9% other dwellings. Meanwhile, the level of home ownership within Yarrawonga was well beyond that of Regional Vic., at 47.5%, with the remainder of dwellings either mortgaged (28.5%) or rented (24.0%). The median monthly mortgage repayment in the area was in line with the Regional Vic. average at $1,430, while the median weekly rent figure was recorded at $290, compared to Regional Vic.'s $1,430 and $285. Nationally, Yarrawonga's mortgage repayments are significantly lower than the Australian average of $1,863, while rents are substantially below the national figure of $375.

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

Family households dominate at 68.3% of all households, comprising 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% of the total. The median household size of 2.3 people 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 faces educational challenges, with university qualification rates (13.9%) substantially below the VIC average of 33.4%. This represents both a challenge and an opportunity for targeted educational initiatives. Bachelor degrees lead at 9.9%, followed by graduate diplomas (2.1%) and postgraduate qualifications (1.9%). Trade and technical skills feature prominently, with 38.8% of residents aged 15+ holding vocational credentials, including advanced diplomas (10.3%) and certificates (28.5%).

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

Public transport analysis reveals 6 active transport stops operating within Yarrawonga, comprising a mix of train and buses. These stops are serviced by 8 individual routes, collectively providing 90 weekly passenger trips. Transport accessibility is rated as limited, with residents typically located 1147 meters from the nearest transport stop. As a primarily residential area, most residents commute outward; the car remains the dominant mode at 93%, with 4% walking. Vehicle ownership averages 1.4 per dwelling. A relatively low 9.1% of residents work from home (2021 Census; 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

Health data reveals substantial challenges facing Yarrawonga, based on AreaSearch's assessment of mortality rates and chronic condition prevalence. The prevalence of common health conditions is notable across both younger and older age cohorts, and the rate of private health cover is very low at approximately 49% of the total population (~4,656 people), compared to the national average of 55.7%.

The most common medical conditions in the area are arthritis and mental health issues, impacting 12.4% and 8.5% of residents, respectively, while 59.4% declared themselves as completely clear of medical ailments compared to 63.4% across Regional Vic. Working-age residents show an above-average prevalence of chronic health conditions. The area has 30.8% of residents aged 65 and over (2,936 people), which is higher than the 23.9% in Regional Vic. 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 was found to be below average in terms of cultural diversity, with 91.4% of its population being citizens, 90.8% born in Australia, and 96.5% speaking English only at home. The main religion in Yarrawonga is Christianity, which makes up 58.8% of people in Yarrawonga, compared to 47.3% across Regional Vic..

In terms of ancestry (country of birth of parents), the top three represented groups in Yarrawonga are English, comprising 34.1% of the population, Australian, comprising 31.7% of the population, and Irish, comprising 11.0% of the population. Additionally, there are notable divergences in the representation of certain other ethnic groups: Scottish is notably overrepresented at 9.3% of Yarrawonga (vs 8.8% regionally) and Maltese at 0.6% (vs 0.5%).

Yarrawonga ranks among the oldest 10% of areas nationwide

At 51 years, Yarrawonga's median age is significantly above the Regional Vic. average of 43 as well as considerably older than the Australian median of 38. Compared to the Regional Vic. average, the 65 - 74 cohort is notably over-represented (16.0% locally), while 45 - 54 year-olds are under-represented (9.4%). This 65 - 74 concentration is well above the national 9.5%. Post-2021 Census data shows a rejuvenation is evident as the median age fell from 52 to 51 years. Notable shifts include the 25 to 34 age group growing from 8.7% to 10.5% of the population, while the 35 to 44 cohort increased from 9.1% to 10.7%. 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 9.4%. Demographic modeling suggests Yarrawonga's age profile will evolve significantly by 2041. The 25 to 34 cohort shows the strongest projected growth at 80%, adding 798 residents to reach 1,802.