Yarragon South (postcode 3823) is a sparsely populated locality in Victoria within the Baw Baw local government area. The area has roughly 204 residents and a more retirement-aged population, with a median age of 55. Households earn a median income of $81K per year, with an average household size of 2.4 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +1.6% year-on-year at the LGA level. VIC employment has moved +0.8% year-on-year in the official ABS Labour Force trend series, which provides the broader jobs backdrop for this suburb. VIC also had 41 Commonwealth-backed major projects under construction, 18 underway, and 24 in planning as at 2025-09-01, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, managers, sales. Employment in the area leans toward education and agriculture. The top ancestries reported are English, Australian, Scottish.
The current median weekly rent is $525. The median monthly mortgage repayment is $2,398.
The crime rate in the Baw Baw LGA is moderate at 7,909 incidents per 100,000 population.
Looking at the investment signals, Population growth of +1.6% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.