Yarrawonga is a mid-sized suburb in Victoria within the Moira local government area (postcode 3730). With a population of 8,661, the suburb has a mature demographic with a median age of 52. Households earn a median income of $60K per year, with an average household size of 2.3 people. The most common occupations are technicians & trades, professionals, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Yarrawonga is $645,000, having risen modestly 0.8% over the past year. Units have a median price of $452,000 (-3.3% YoY). The current median weekly rent is $423. This gives a gross rental yield of approximately 3.4%. The median monthly mortgage repayment is $1,430.
Yarrawonga is served by 3 schools, including 1 primary, 1 secondary, 1 combined. The average ICSEA score is 1010, which is around the national average of 1,000. Public transport access includes 6 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Moira LGA is higher than average at 8,887 incidents per 100,000 population.
From an investment perspective, Yarrawonga offers a gross rental yield of 3.4%, rated as moderate yield. Property prices are near the state median ($645K/$875K). The price-to-income ratio of 10.8x is considered stretched. House prices have moved +0.8% year-on-year.
Yarrawonga is a mid-sized suburb in Victoria within the Moira local government area (postcode 3730). With a population of 8,661, the suburb has a mature demographic with a median age of 52. Households earn a median income of $60K per year, with an average household size of 2.3 people. The most common occupations are technicians & trades, professionals, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Yarrawonga is $645,000, having risen modestly 0.8% over the past year. Units have a median price of $452,000 (-3.3% YoY). The current median weekly rent is $423. This gives a gross rental yield of approximately 3.4%. The median monthly mortgage repayment is $1,430.
Yarrawonga is served by 3 schools, including 1 primary, 1 secondary, 1 combined. The average ICSEA score is 1010, which is around the national average of 1,000. Public transport access includes 6 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Moira LGA is higher than average at 8,887 incidents per 100,000 population.
From an investment perspective, Yarrawonga offers a gross rental yield of 3.4%, rated as moderate yield. Property prices are near the state median ($645K/$875K). The price-to-income ratio of 10.8x is considered stretched. House prices have moved +0.8% year-on-year.