Yarragon
Suburb profile, market snapshot and recent listings for Yarragon, VIC 3823.
About Yarragon
Welcome to Yarragon
Yarragon is a small country town in Gippsland, Victoria, sitting roughly 120 kilometres east of Melbourne's CBD along the Princes Highway. Tucked into the rolling green hills of West Gippsland, it draws its character from a mix of agricultural heritage, a compact and walkable main street, and easy access to the broader Gippsland region — making it a natural fit for tree-changers, retirees, and young families priced out of metropolitan markets.
The town punches well above its size when it comes to community feel. Its main strip has enough personality to make weekend browsing genuinely enjoyable, while the surrounding countryside — dairy farms, horse properties and timber plantations — gives Yarragon a distinctly rural backdrop without the isolation that can come with deeper country living. Neighbouring towns Trafalgar and Warragul are within easy driving distance for larger retail and medical services.
Lifestyle & dining
Yarragon's main street has quietly cultivated a reputation as a worthwhile stop on the Melbourne–Gippsland corridor. The town is home to a handful of specialty shops and eateries that reflect the region's produce-rich surrounds, and locals take genuine pride in supporting them. Pennyworth O'lollies is something of a landmark for visitors and residents alike — the kind of old-fashioned confectionery and gift shop that tends to stick in people's memories long after a first visit.
Bob's Shed adds to the eclectic, browse-worthy character of the strip, drawing in those with an eye for curiosities, collectables and rural wares. It's not a high-volume dining or nightlife destination, but for those who value a slower pace and a real sense of community commerce over chain-store convenience, Yarragon's lifestyle offering is genuinely appealing.
Shopping
Day-to-day grocery needs are well covered by Foodworks Local, which serves as the town's main supermarket and a reliable community anchor. For more extensive shopping — large supermarkets, clothing, hardware and medical specialists — residents typically head to Warragul, the regional centre of West Gippsland, which is a short drive west along the Princes Highway.
The compact nature of Yarragon's retail strip means most everyday errands can be handled on foot, which is a genuine quality-of-life advantage for those who live close to the centre. The town isn't trying to be a regional hub, and that restraint is part of its appeal.
Getting around
Yarragon is well served by the Gippsland rail line, with Yarragon Station providing direct V/Line train access toward Melbourne's Southern Cross Station as well as east toward Sale and Bairnsdale. For a town of its size, having a functioning two-platform rail station is a meaningful drawcard, and it makes car-free commuting to Melbourne at least a plausible option for those with flexible working arrangements.
For daily driving, the Princes Highway runs directly through the town, connecting residents westward to Trafalgar and Warragul and eastward toward Moe and the broader Latrobe Valley. A car remains essential for most households, particularly for school runs, medical appointments and larger shopping trips, but the train offers a genuine alternative for Melbourne-bound travel.
Schools & families
Yarragon Primary School is the town's local government primary school and serves as a focal point for families in the area. For secondary education, students generally travel to nearby towns — Trafalgar and Warragul both have established secondary colleges — which is a standard arrangement for smaller Gippsland communities and rarely seen as a deterrent by families already embracing country living.
The town's pace and physical environment make it a comfortable place to raise children. There's space to move, a tight-knit community, and relatively low traffic through the residential streets. For families stepping away from suburban Melbourne, Yarragon offers a meaningful shift in lifestyle without completely severing connections to city amenities via the rail line.
Parks & recreation
Yarragon has access to local green spaces suited to everyday recreation — walking, informal sport and outdoor leisure — consistent with a small Gippsland country town. The surrounding countryside itself is arguably the suburb's greatest recreational asset: the undulating farmland, nearby state forests and the broader Gippsland Lakes region all sit within reasonable driving distance, making Yarragon an appealing base for those who hike, ride, fish or simply enjoy open landscapes.
The West Gippsland region as a whole offers significant outdoor variety across the seasons, from the alpine foothills to the south coast, which gives Yarragon residents a recreational range that far exceeds what the town's own boundaries might suggest.
The property market
Yarragon's property market reflects the broader appeal of affordable Gippsland real estate, with a median house price of $560,000 — a figure that represents strong value relative to metropolitan Melbourne and even many of the larger regional centres. Recent house price growth sits at 1.8%, suggesting a market that is consolidating after several years of heightened regional demand, rather than one in sharp retreat.
The current listing mix is heavily weighted toward houses at 83%, with land making up 13% of listings and acreage or rural properties accounting for the remaining 3% — a profile that suits both owner-occupiers looking for an established home and buyers wanting to build. Median rent of $485 per week reflects solid demand from those testing country living before committing to purchase, as well as local workers and families. For buyers seeking a genuine Gippsland lifestyle at an accessible price point, Yarragon warrants serious consideration.
Market snapshot
Yarragon property market
Median sale price
$583k
House · 3 bed
Median rent
$485
per week
Gross rental yield
4.3%
annual rent ÷ sale price
Typical price range
Entry
$520k
Median
$583k
Premium
$650k
Days on market
68
Auction clearance
0%
Sold this year
22
Median sold price trend · House 3 bed
Compound growth +1.2% / yr over 4 yrs
Median price by bedrooms · House
Property types on market
Share of current listings in Yarragon by dwelling type.
Who lives here
Demographics
ABS Census 2021 figures for Yarragon, VIC 3823.
Population
1,893
residents (2021)
Median age
43
years
Household income
$1,363
median, per week
Median rent
$320
per week
Median mortgage
$1,500
per month
Mortgage / income
25%
comfortable
Source: Australian Bureau of Statistics, Census of Population and Housing 2021. Suburb-level (SAL) aggregates.
Education
Schools in Yarragon
Government school catchment
Recent results
Recently sold in Yarragon
$880k
7 Wattle Court
Sold ~July 2026
$631k
5 Burnett Street
Sold ~July 2026
$743k
56 Woodlawn Boulevard
Sold ~July 2026
$1.38m
40 Scanlons Road
Sold ~July 2026
$595k
8 Neagle Street
Sold ~June 2026
$600k
8 Wisteria Drive
Sold ~June 2026
$350k
13 Rodier Road
Sold ~June 2026
$1.39m
Lot 2-4 Princes Highway
Sold ~June 2026
Sold prices as published on the original listing; some may reflect the last advertised price. Dates are approximate.
Explore the area
Properties & amenities in Yarragon
Compare the area
Price map around Yarragon
Every listing for sale near Yarragon, coloured by price — so you can see how it stacks up against the streets and suburbs next door.
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Common questions
Yarragon suburb FAQ
What is the median property price in Yarragon?
The median house price in Yarragon, VIC is $583k for a 3-bedroom home. Over the past year, median sold prices have risen about 5.0%.
How much is rent in Yarragon?
The median weekly rent in Yarragon is around $485 per week.
Is Yarragon a good place to live?
Yarragon is a town in the Shire of Baw Baw in the West Gippsland region of Victoria, Australia. Yarragon is an established residential suburb in VIC, with a population of around 1,893 and 1 school in the area.
What is the population of Yarragon?
Yarragon has a population of 1,893 (ABS 2021 Census), with a median age of 43.
What schools are in Yarragon?
There is 1 school in or near Yarragon, including Yarragon Primary School.
How long do homes take to sell in Yarragon?
Properties in Yarragon take around 68 days to sell on average, with an auction clearance rate of about 0%.
How much do you need to buy in Yarragon?
Entry-level properties in Yarragon start around $520k, while premium homes reach $650k.
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