Suburb Overview

Yarrawonga South is a regional centre in Victoria, Australia, with a population of approximately 15, making it a boutique locality. Located approximately 214 km from the Melbourne CBD, Yarrawonga South is a regional area in Victoria. The median household income is $169,000 per year.

Location

Melbourne
Yarrawonga South
Victoria · 3730
214 km from Melbourne CBD
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Key Indicators

Postcode
3730

Postcode for Yarrawonga South, from a community postcode dataset cross-checked against Australia Post. A postcode may cover multiple suburbs.

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Population
15

Usual resident population at the most recent census.

Median weekly rent
$160/wk

Median weekly rent recorded at the 2021 Census — market rents have risen since, so treat this as a dated baseline, not a current figure.

Median household income
$169,000

Annual median household income (before tax) across all households.

Distance to CBD
214 km

Straight-line distance from the suburb centroid to the nearest capital city CBD. Actual driving distance will be longer.

Housing

Median monthly mortgage
N/A

Monthly median mortgage repayment for households currently paying off a mortgage.

Home type
113% houses

Proportion of separate houses versus units, townhouses, and other home types. Useful for investors assessing rental demand mix.

Investment Insight

Yarrawonga South is a smaller community of 15 — about 0% of the Victoria suburb median (7,416) — so investors should factor in the narrower buyer pool and longer average time-on-market. Median household income of $169,000/year runs 78% above the Victoria suburb median of $95,160, indicating strong purchasing power and the type of demographic profile that tends to sustain premium property prices through market cycles. At the 2021 Census the median weekly rent was $160 (≈ $8,320/year gross at the time). Market rents have moved substantially since 2021, so benchmark against current listings before running yield numbers. Yarrawonga South is 214 km from Melbourne, so the local market tracks regional employment and lifestyle drivers more than CBD-driven commuter demand. Separate houses make up 113% of dwellings — 35 percentage points above the Victoria median of 78% — pointing to a family-oriented, land-rich market where value is concentrated in the underlying block.

Yarrawonga South vs Victoria Median

How Yarrawonga South stacks up against the median of all Victoria suburbs in our dataset. Positive values mean Yarrawonga South sits above the state median; negative means below.

MetricYarrawonga SouthVIC medianΔ vs state
Population157,416-100%
Median household income$169,000/yr$95,160/yr+78%
Median rent (weekly, 2021 Census)$160$380-58%
Distance to CBD214 km32 km+569%
Separate houses113%78%+35pp

Investor Checklist

Pre-inspection briefing for Yarrawonga South — every item is derived from public datasets, with full citations in our data sources page.

Investment Strategy

Buy & Hold

Limited buy-and-hold upside: a small population of 15 means liquidity is thin and capital growth tends to lag the wider Victoria market over full cycles.

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Rental Yield

Gross rent of $160/week (~$8,320/year, 2021 Census) sets an indicative yield ceiling. Cross-check against current listings and your purchase price to confirm whether this suburb hits the 4–5% gross yield most Australian investors target.

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Renovation / Flip

With 113% houses in a 15-person market, renovation margins depend on individual street and aspect rather than any suburb-wide story — do comparable-sales analysis before committing capital.

Risk Factors

Run the numbers on a Yarrawonga South property

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Moderate

Capital-growth expectations for Yarrawonga South are modest for 2026 — incomes 78% above the VIC median of $95,160 and a population of 15 suggest gains will lag headline metro markets. Rents sit around $160/week (2021 Census), a baseline gross rental income of roughly $8,320/year — refine against current listings before running your numbers. Overall investor sentiment for Yarrawonga South is balanced heading into the second half of 2026, based on its income, rent and mortgage profile relative to the Victoria median.

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Frequently Asked Questions

Is Yarrawonga South a good suburb for investment?

Whether Yarrawonga South suits you depends on your strategy, but the fundamentals are concrete: a population of 15, a median household income of $169,000/year and median weekly rent of $160. Weigh those against your goal — cash flow, capital growth, or a value-add renovation — each of which we break down with suburb-specific ABS numbers elsewhere on this page.

What drives property demand in Yarrawonga South?

The main demand drivers in Yarrawonga South are an above-state-median household income of $169,000/year, a dwelling mix that is 113% separate houses. Together these shape both owner-occupier and tenant demand.

What is the population of Yarrawonga South?

Yarrawonga South has a usual resident population of approximately 15, compared with a Victoria suburb median of 7,416 — placing it in the lower half of the state's suburbs by size. Population is the clearest proxy for market depth: more residents mean more transactions and typically a shorter average days-on-market on resale.

How far is Yarrawonga South from the Melbourne CBD?

Yarrawonga South sits 214 km straight-line from the Melbourne CBD. This is a regional market where CBD distance is only indicative — local industry diversity and commute alternatives matter more.

What is the median rent in Yarrawonga South?

The most recent census recorded a median weekly rent of $160 in Yarrawonga South, equating to approximately $8,320/year in gross rental income (state median $380/week). Market rents have typically drifted above the recorded figure — verify against current listings on realestate.com.au and Domain before making an offer.

What is the typical mortgage repayment in Yarrawonga South?

A reliable median mortgage figure was not captured for Yarrawonga South. Use our loan serviceability calculator to estimate a realistic monthly repayment for your target purchase price and deposit.

Is Yarrawonga South cash-flow positive for investors?

Census data was not complete enough in Yarrawonga South to compute a clean rent-to-mortgage coverage. Use current listings to benchmark weekly rent, then plug your expected purchase price into our rental yield calculator to see whether the investment runs cash-flow positive or negative.

What are the main risks of investing in Yarrawonga South?

The main risks are a thin buyer pool (15 residents), interest-rate sensitivity, the broader Victoria market cycle. Each of these is covered in the Risk Factors section above with suburb-specific numbers rather than generic warnings.

How we built this Yarrawonga South profile

The population, postcode, median household income, and dwelling mix on this page are real figures from the ABS 2021 Census (income is the ABS median weekly household income annualised) and Australia Post. Distance to the CBD is calculated from the suburb's ABS centroid. The Census median rent and mortgage repayment are 2021 figures and are clearly labelled as such wherever they appear — they are five years old and have moved substantially since. We do not publish an investment score or school/park counts for this suburb. See our methodology and data sources for exactly what's measured and what's estimated.

Nearby Suburbs

Victoria Property Resources