VIC · 3730

Yarrawonga

Suburb profile, market snapshot and recent listings for Yarrawonga, VIC 3730.

Yarrawonga, VIC 3730

About Yarrawonga

Welcome to Yarrawonga

Yarrawonga sits on the Victorian side of the Murray River, roughly 265 kilometres north-east of Melbourne, where the river widens into Lake Mulwala just across the border into New South Wales. It's a border town in the truest sense, sharing a footpath and a lake with Mulwala on the NSW side, and drawing visitors and retirees for its water, golf courses and easy-going pace.

With a population of 8,661 and a median age of 52, Yarrawonga has long been a magnet for downsizers, grey nomads and holidaymakers, though a steady stream of families and younger buyers has been changing the mix in recent years. It suits people after a slower rhythm of life without giving up services altogether — a genuine town centre, decent schools, and water on the doorstep.

Lifestyle & dining

Life in Yarrawonga revolves heavily around Lake Mulwala. Boating, fishing, water-skiing and lakeside walking or cycling tracks are part of daily life for a large share of residents, and the town's cafes and pubs lean into that outdoor, holiday-town feel even outside peak season. The main street has a solid spread of cafes, bakeries and restaurants, along with the RSL and golf club dining rooms that double as social hubs for the town's older population.

Golf is a particular drawcard, with multiple courses in and around town attracting members and visiting players year-round, while the warmer months bring an influx of Melburnians and Victorians escaping to the lake for weekends and school holidays.

Shopping

Yarrawonga functions as a proper regional service centre rather than a satellite town, with a full-scale supermarket offering, specialty stores, and a main strip that covers most day-to-day needs without a drive to a bigger centre. For bulkier shopping trips, Shepparton and Wodonga are within reach, but locals generally find they can do most of their shopping without leaving town.

Getting around

Yarrawonga is a car-dependent town, connected to the broader region by the Murray Valley Highway, which links it to Cobram, Numurkah and on to Shepparton, as well as across the border to Mulwala and further into southern NSW. There's no passenger rail service directly into town, so most residents rely on private vehicles, with regional coach connections available for those without a car.

Within the town itself, distances are short and the flat terrain makes walking and cycling around the lake and central area genuinely practical, which is part of the appeal for retirees looking to stay active without needing to drive everywhere.

Schools & families

Families are well served locally, with Yarrawonga College P-12 offering a full public schooling pathway across its main campus and Gilmore Street campus, meaning children can stay in the one system from prep through to year 12. The Catholic sector is represented by Sacred Heart Primary School and Sacred Heart College, which also runs a dedicated senior campus. Having both public and Catholic options covering the full P-12 range in a town of this size is a notable drawcard for families considering a move from bigger centres.

Parks & recreation

Beyond the obvious pull of Lake Mulwala for boating, fishing and water sports, Yarrawonga has well-used walking and cycling paths tracing the foreshore, along with sporting clubs, golf courses and community facilities that punch above what you'd expect for the population. The lake effectively acts as the town's central park, and much of community life, from fun runs to regattas, is organised around it.

The property market

Yarrawonga's housing market centres on established houses, which make up 66% of current listings, with land sales accounting for a further 26% — a sign of ongoing new development around the town's edges. Apartments and units (5%) and townhouses (2%) remain a small slice of the market, reflecting the town's low-density, house-and-lake character.

The median house price sits at $610,000, having lifted 5.2% recently, while units carry a median of $398,000. Median weekly rent across the town is $505. Buyers are typically drawn by lifestyle and lake access rather than commuter convenience, and that continues to underpin demand from retirees, holiday-home buyers and, increasingly, remote workers looking for space and water without capital-city prices.

Market snapshot

Yarrawonga property market

Median price ranks #3,077 of 3,797 suburbs · pricier than 19%
Type
Bedrooms

Median sale price

$610k

House · 3 bed

Median rent

$505

per week

Gross rental yield

4.3%

annual rent ÷ sale price

Typical price range

Entry

$381k

Median

$610k

Premium

$899k

Days on market

96

Auction clearance

0%

Sold this year

129

Median sold price trend · House 3 bed

Compound growth +1.7% / yr over 4 yrs

Median price by bedrooms · House

Property types on market

Share of current listings in Yarrawonga by dwelling type.

House66%
Land26%
Apartment / Unit5%
Townhouse2%

Who lives here

Demographics

ABS Census 2021 figures for Yarrawonga, VIC 3730.

Population

8,661

residents (2021)

Median age

52

years

Household income

$1,149

median, per week

Median rent

$290

per week

Median mortgage

$1,430

per month

Mortgage / income

29%

comfortable

Source: Australian Bureau of Statistics, Census of Population and Housing 2021. Suburb-level (SAL) aggregates.

Education

Schools in Yarrawonga

Government school catchment

Yarrawonga College P-12

Prep-12CoEdGovernment
Visit school website →

Yarrawonga College P-12-Gilmore Street Campus

Government

Independent & Catholic schools

Sacred Heart Primary School

Prep-6CoEdCatholic
Visit school website →

Sacred Heart College

7-12CoEdCatholic
Visit school website →

Sacred Heart College - Senior Campus

Catholic

Recent results

Recently sold in Yarrawonga

$699k

3 Morrisey Drive

house3 bd · 2 ba · 2 car

Sold ~July 2026

$375k

5 Cahills Road

land

Sold ~July 2026

$849k

23 Rakali Drive

house4 bd · 2 ba · 4 car

Sold ~July 2026

$639k

67 Peter Thomson Circuit

house3 bd · 2 ba · 4 car

Sold ~July 2026

$635k

25 Peter Thomson Circuit

house4 bd · 2 ba · 3 car

Sold ~July 2026

$665k

10 Lakeviews Circuit

house3 bd · 2 ba · 4 car

Sold ~July 2026

$695k

25 Telford Street

house3 bd · 2 ba · 2 car

Sold ~July 2026

$479k

2/85 Lynch Street

house3 bd · 1 ba · 2 car

Sold ~July 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 Yarrawonga

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Price map around Yarrawonga

Every listing for sale near Yarrawonga, coloured by price — so you can see how it stacks up against the streets and suburbs next door.

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Common questions

Yarrawonga suburb FAQ

What is the median property price in Yarrawonga?

The median house price in Yarrawonga, VIC is $610k for a 3-bedroom home. Over the past year, median sold prices have risen about 5.2%.

How much is rent in Yarrawonga?

The median weekly rent in Yarrawonga is around $505 per week.

Is Yarrawonga a good place to live?

Yarrawonga is a town in the Shire of Moira local government area in the Australian state of Victoria. Yarrawonga is an established residential suburb in VIC, with a population of around 8,661 and 5 schools in the area.

What is the population of Yarrawonga?

Yarrawonga has a population of 8,661 (ABS 2021 Census), with a median age of 52.

What schools are in Yarrawonga?

There are 5 schools in or near Yarrawonga, including Yarrawonga College P-12, Yarrawonga College P-12-Gilmore Street Campus and Sacred Heart Primary School.

How long do homes take to sell in Yarrawonga?

Properties in Yarrawonga take around 96 days to sell on average, with an auction clearance rate of about 0%.

How much do you need to buy in Yarrawonga?

Entry-level properties in Yarrawonga start around $381k, while premium homes reach $899k.

What suburbs are near Yarrawonga?

Suburbs near Yarrawonga include Bathumi.

Available now

Properties in Yarrawonga

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Image 1
For Sale
$695,000
house

Your Next Chapter Starts Here Quality 4Bed Living in the Heart of Yarrawonga

, Yarrawonga VIC 3730
422
Realcorp Vic Pty Ltd3 weeks ago
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For Sale
$990k–$1.03m
house

Resort-Style Living on a Grand 993m² Allotment

16 Champagne Crescent, Yarrawonga VIC 3730
426993 m²
Murray Valley Real Estate3 months ago
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For Sale
$660,000
house

Spacious Family Living in a Prime Yarrawonga Location

128 Witt Street, Yarrawonga VIC 3730
422669 m²
Kennedy Real Estate2 weeks ago
Ask AI about this property
Image 1
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For Sale
$899,000
house

Double the Opportunity in an Unbeatable Location

13 Tom Street, Yarrawonga VIC 3730
423953 m²
Seeliger Real Estate4 weeks ago
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Image 1
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For Sale
$425,000
land

Solid Brick Unit in Prime Location

1/90 Telford Street, Yarrawonga VIC 3730
211171 m²
Kennedy Real Estate1 month ago
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For Sale
$765,000
house

Wonderful Anchorage

68 Anchorage Way, Yarrawonga VIC 3730
322456 m²
Kennedy Real Estate2 months ago
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Image 1
For Sale
$914,850
house

HOUSE & LAND PACKAGE - HAVE YOUR DREAM HOME BUILT BY VICTORIAS LARGEST BUILDER OF STEEL FRAME HOMES

Lot 1296 Vermilion Drive, Yarrawonga VIC 3730
432309 m²
JG King Homes3 months ago
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For Sale
$530,000
house

Rare Belmore Street Frontage

170 Belmore Street, Yarrawonga VIC 3730
312792 m²
Kennedy Real Estate3 months ago
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Image 1
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For Sale
$249k–$269k
land

Privately positioned & ready to build on!

29 Vineyard Cct, Yarrawonga VIC 3730
830 m²
STEPHENIE EXTON PROPERTY3 months ago
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For Sale
$1.24m
house

Resort Style Luxury Living in the Heart of Yarrawonga

5 Harley Court, Yarrawonga VIC 3730
422912 m²
Kennedy Real Estate3 months ago
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For Sale
$1.25m
house

Pure Anchorage

18 Anchorage Way, Yarrawonga VIC 3730
423894 m²
Kennedy Real Estate2 weeks ago
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For Sale
$765,000
house

Effortless Living Starts Here

26 Peter Thomson Circuit, Yarrawonga VIC 3730
422483 m²
Kennedy Real Estate3 weeks ago
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