Yarrawonga is a quiet locality in New South Wales within the Mid-Western Regional local government area (postcode 2850). With a population of 445, the suburb has a mature demographic with a median age of 46. Households earn a median income of $63K per year, with an average household size of 2.7 people. The most common occupations are machinery operators & drivers, technicians & trades, community & personal service. The top ancestries reported are Australian, English, Scottish.
The median house price in Yarrawonga is $530,000, having surged 29.3% over the past year. The current median weekly rent is $615. This gives a gross rental yield of approximately 6.0%. The median monthly mortgage repayment is $1,430.
Public transport access includes 15 bus stops. The crime rate in the Mid-Western Regional LGA is below average at 3,221 incidents per 100,000 population.
From an investment perspective, Yarrawonga offers a gross rental yield of 6.0%, rated as high yield. Property prices sit below the state median ($530K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 8.5x is considered moderate. House prices have moved +29.3% year-on-year.
Yarrawonga is a quiet locality in New South Wales within the Mid-Western Regional local government area (postcode 2850). With a population of 445, the suburb has a mature demographic with a median age of 46. Households earn a median income of $63K per year, with an average household size of 2.7 people. The most common occupations are machinery operators & drivers, technicians & trades, community & personal service. The top ancestries reported are Australian, English, Scottish.
The median house price in Yarrawonga is $530,000, having surged 29.3% over the past year. The current median weekly rent is $615. This gives a gross rental yield of approximately 6.0%. The median monthly mortgage repayment is $1,430.
Public transport access includes 15 bus stops. The crime rate in the Mid-Western Regional LGA is below average at 3,221 incidents per 100,000 population.
From an investment perspective, Yarrawonga offers a gross rental yield of 6.0%, rated as high yield. Property prices sit below the state median ($530K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 8.5x is considered moderate. House prices have moved +29.3% year-on-year.