Suburb Property Profile: Yarrawonga, VIC 3730

Located approximately 268km northeast of Melbourne's CBD, Yarrawonga sits within the Shire of Moira on the southern bank of the Murray River. Surveyed as a town in 1868 and named after a pastoral station taken up by Elizabeth Hume in 1842, the town became a genuine tourism drawcard after the Yarrawonga Weir was built in 1938, creating Lake Mulwala — the largest of 14 weirs on the Murray River. Buyers are drawn here for a relaxed, lakeside lifestyle within reach of the Murray River's water sports and wine country. Here's our comprehensive guide to the area.

Location Demographics

The population of Yarrawonga sits at 8,661 according to the 2021 Census, up from 7,930 in 2016. The median age is 52 — well above the state average — reflecting the town's popularity as a retirement and lifestyle destination alongside its role as a genuine tourism hub. The largest age group is 65–74, making up around 18% of residents.

Travel & Infrastructure

Yarrawonga is connected to Melbourne by V/Line coach services via Wodonga and Wangaratta, where train connections can be picked up, with the full journey to Melbourne taking around 4 hours by public transport. By car, the drive is roughly 3 hours via the Hume Freeway and Murray Valley Highway. A road bridge links the town across the river to Mulwala on the New South Wales side.

Shopping

The main shopping strip runs along Belmore Street, with attractive parks and gardens at its northern end fronting Lake Mulwala. As a well-established regional town, Yarrawonga has a full range of everyday services, supplemented in the school holiday season by an influx of tourism traffic.

Schools & Recreation

Yarrawonga College P-12 offers a full run of schooling from kindergarten through to Year 12, with a strong academic focus alongside sporting and music programs. Sacred Heart Primary and Sacred Heart College provide Catholic options on the Mulwala side of the river, and the town has two primary schools in total serving local families.

Local Amenities

Lake Mulwala is Yarrawonga's centrepiece, offering water skiing, wakeboarding, fishing, boating and houseboat holidays, along with Chinaman's Island, a haven for wetland birds accessible by walking trail or cruise. The town is genuinely club-oriented, with water ski, rowing, bowls, golf, tennis and car clubs all active locally, and the 16.4km Yarrawonga-Burramine walking and cycling track adds further recreation along the riverside. A thriving farm-gate industry surrounds the town, producing cheeses, wines, olives, fruit and other local produce.

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