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Median House Prices in Yarrawonga Vic 2026

July 3, 2026

The Yarrawonga VIC median house price sits at approximately $530,000 as of mid-2026, reflecting steady growth in this popular Murray River lifestyle market. This guide breaks down the latest figures, quarterly and annual trends, and what they mean for buyers, sellers, and investors considering Yarrawonga property.

What Is the Short Answer: Yarrawonga VIC Median House Price in 2026?

According to CoreLogic data for the 12 months to June 2026, the median house price in Yarrawonga VIC is $530,000. That represents a year-on-year increase of approximately 6.0% from the $500,000 median recorded in mid-2025, and a quarter-on-quarter gain of roughly 1.5% over the March 2026 quarter. Units and townhouses sit at a separate median of around $390,000, making the suburb accessible across a range of buyer profiles.

Yarrawonga (postcode 3730) sits on the southern shore of Lake Mulwala, straddling the Victoria-New South Wales border with its twin town of Mulwala. It draws a consistent mix of tree-changers, retirees, holiday-home buyers, and long-term investors, which helps underpin price stability even when broader regional markets soften.

Recent Sold Comparables

  • 3-bedroom brick home, Piper Street: Sold for $512,000 (April 2026)
  • 4-bedroom family home, Lynch Street: Sold for $575,000 (May 2026)
  • 2-bedroom unit, Belmore Street: Sold for $395,000 (March 2026)
  • 3-bedroom lakeside cottage, Flannery Street: Sold for $648,000 (June 2026)

These comparables confirm that standard residential stock clusters tightly around the $500,000 to $580,000 range, while lake-facing or premium allotment properties can comfortably exceed $620,000.

What Do the Numbers Say About the Yarrawonga Property Market?

Zooming out to the five-year picture, CoreLogic data indicates Yarrawonga house values have risen by approximately 47% since June 2021, outperforming many larger regional Victorian centres over the same period. The suburb recorded a median of around $360,000 in mid-2021, meaning buyers who entered the market then have accumulated significant equity.

Key Market Metrics (June 2026)

  • Median house price: $530,000 (CoreLogic, June 2026)
  • Median unit price: $390,000
  • 12-month price growth (houses): +6.0%
  • 5-year price growth (houses): +47%
  • Average days on market: 42 days (SQM Research, Q2 2026)
  • Vacancy rate: 1.2% (SQM Research, May 2026)
  • Gross rental yield (houses): approximately 4.5%

SQM Research’s latest figures show the vacancy rate at a low 1.2%, well below the 3.0% threshold widely considered a balanced market. This tightness has kept asking rents elevated, with the median weekly rent for a three-bedroom house around $460 per week as of mid-2026, according to Domain data. At a $530,000 purchase price, that translates to a gross rental yield of roughly 4.5%, which compares favourably with many Melbourne inner-suburb yields.

For context, investors researching metropolitan benchmarks can compare these figures against suburbs like median house prices in Reservoir or review the median house price in Brunswick, where yields typically run lower despite stronger absolute price growth over the same period.

What Is Driving Growth in Yarrawonga?

  • Lifestyle migration: Remote and hybrid work arrangements continue to push buyers away from Melbourne toward affordable, amenity-rich regional towns.
  • Holiday home demand: Lake Mulwala and the Yarrawonga Golf Club attract consistent holiday-home interest from Melbourne, Sydney, and Canberra buyers.
  • Infrastructure investment: Ongoing upgrades to the Yarrawonga Health Service and local schools have improved liveability scores and long-term appeal.
  • Limited stock: New land releases have been constrained by the lake foreshore and heritage overlays, keeping supply tight.

What Are the Key Considerations for Buying, Selling, or Investing in Yarrawonga VIC?

Whether you are buying in Yarrawonga VIC, selling in Yarrawonga VIC, or evaluating an investment in Yarrawonga VIC, the suburb’s fundamentals reward those who do their homework. Below are the most important factors to weigh.

For Buyers

The median entry point of $530,000 is still within reach of many owner-occupiers and first-time regional buyers, particularly given the RBA’s rate pause cycle that stabilised borrowing costs through the first half of 2026. Buyers should budget for stamp duty, which for a $530,000 purchase in Victoria sits at approximately $26,070 for owner-occupiers (not eligible for the first-home concession at this price point under current thresholds). Off-the-plan and house-and-land packages in new estates on the town’s eastern fringe have also come to market, offering alternative entry strategies.

For Sellers

With average days on market at 42 days and vendor discounting at around 3.5% (CoreLogic, Q2 2026), well-presented homes that are correctly priced are transacting efficiently. Seasonal peaks around the October-to-March summer holiday period tend to attract the broadest pool of interstate and Melbourne buyers, so timing a campaign around those windows can maximise competition and final sale price.

For Investors

A gross yield of 4.5% combined with a vacancy rate of 1.2% makes Yarrawonga one of the more compelling regional yield plays in northern Victoria. Investors should note that short-stay and Airbnb-style letting is popular in lake-adjacent streets, which can push effective yields higher but also introduces higher management complexity and council registration requirements. The Moira Shire Council regulates short-stay accommodation, so prospective investors should confirm zoning permissions before purchasing specifically for that purpose.

If you are comparing regional and metropolitan investment fundamentals, our detailed breakdown of the median house price in Northcote provides a useful inner-Melbourne contrast for portfolio planning.

How Does Collings Real Estate Help with Yarrawonga VIC Property?

Collings Real Estate has been helping Victorians navigate property decisions for decades. While our office is based at 230 Waterdale Road, Ivanhoe VIC 3079, our team works with buyers, sellers, landlords, and investors across Victoria, including the Yarrawonga and broader Murray River region.

Our Services

  • Free property appraisals: Understand your property’s current market value before you commit to a sale strategy.
  • Buyer advocacy: Access off-market and pre-market opportunities through our off-market property portal, where registered buyers receive early alerts before properties hit the public market.
  • Property management: Our property management team handles tenant screening, rent collection, maintenance coordination, and compliance for investment properties.
  • Market intelligence: Regular suburb reports, comparable sales data, and auction clearance updates keep our clients informed throughout the buying or selling journey.

Get in Touch

Our team is available to discuss your Yarrawonga property goals. Contact us today:

  • Phone: 03 9486 2000
  • Email: info@collings.com.au
  • Address: 230 Waterdale Road, Ivanhoe VIC 3079

Ready to find out what your Yarrawonga property is worth? Request a free property appraisal from the Collings team today. Whether you are thinking about selling Yarrawonga VIC property now or simply want a current benchmark for your portfolio, our no-obligation appraisal gives you the data you need to make a confident decision.

For comparison across other Victorian suburbs, explore our median house price guides for suburbs like Thornbury, which sits in Melbourne’s inner-north and offers a very different price profile to Yarrawonga’s regional market.

Frequently Asked Questions About Yarrawonga VIC Median House Prices

What is the median house price in Yarrawonga VIC in 2026?

According to CoreLogic data for the 12 months to June 2026, the median house price in Yarrawonga VIC is approximately $530,000, up around 6% year-on-year.

Is Yarrawonga a good place to invest in property?

Yes. Yarrawonga offers a gross rental yield of approximately 4.5%, a vacancy rate of just 1.2% (SQM Research, May 2026), and strong demand from lifestyle buyers and holiday-home seekers, making it a solid regional investment option.

How long does it take to sell a house in Yarrawonga VIC?

Based on CoreLogic data for Q2 2026, the average days on market for houses in Yarrawonga is approximately 42 days, with vendor discounting averaging around 3.5%.

How much have Yarrawonga house prices grown over 5 years?

CoreLogic data indicates Yarrawonga house values have risen approximately 47% since June 2021, from a median of around $360,000 to $530,000 by mid-2026.

What is the vacancy rate in Yarrawonga VIC?

SQM Research reported a vacancy rate of 1.2% in Yarrawonga as of May 2026, well below the 3.0% level considered a balanced rental market and supporting above-average rental yields.

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Track suburbs, get matched to on-market and off-market listings, and manage your whole property search in one place. Access the Collings property portal.

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