Question 1

Is Yarragon a nice place to live?

Accepted Answer

Yarragon is a small Gippsland town centred on a compact, well-preserved main street of timber and brick shops, cafes and artisan boutiques. Set among rolling dairy country and patches of bush at the edge of the Gippsland hills, it offers a relaxed country lifestyle while being served by the Princes Highway and the Gippsland rail line. Housing ranges from older cottages and period homes to more recent residential estates, and the galleries, craft shops and cosy eateries give the centre a village atmosphere and a steady community rhythm.

With 1,893 residents and a median age of 43, the community is weighted towards couple families without children (50.8%) and also includes many couple families with children (35.3%). Owner-occupiers account for about 85% of homes, which points to a largely settled owner-occupied market. Recent council and utility work, from a new sporting pavilion and park upgrades to bridge rebuilds and sewer upgrades, along with township and station area planning, add practical improvements. That mix will appeal to people after a small-town village centre, long-term ownership or a home within reach of road and rail for commuting; whether it suits you depends on what you are looking for.

Question 2

Is it expensive to live in Yarragon?

Accepted Answer

Renting a house in Yarragon 3823 at about $533 a week would take roughly 39.1% of a typical local household's weekly income as recorded at the most recent Census (533 ÷ 1,363 ? 39.1%). On these figures, that is a sizeable share of income, so if you're renting rather than buying this rent share is the number that matters when judging how expensive the suburb feels to you.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Question 3

Is Yarragon a good place to invest?

Accepted Answer

If you're weighing up houses in Yarragon as an investment, the past year shows modest capital growth alongside stronger rental growth. Median house values rose 3.3% over the 12 months, a moderate increase, while house rents climbed 6.6%, a solid rise. Put simply, the rent a house earns grew faster than its price did this year. Whether that balance suits your goals depends on your priorities and circumstances.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

	Houses	Units
Median price Past 3 months	N/A	N/A
Change in value Past 12 months	3.3%	N/A
Sold Past 3 months	6	1
Median days on market Past 12 months	44	N/A
Average rent Past 12 months	$533	N/A
Change in rent Past 12 months	6.6%	N/A

Get a property report and suburb profile for any property in Yarragon

Yarragon suburb profile

Yarragon property market performance

5 year median price trend for houses and units

Yarragon demographics

Suburbs near Yarragon

How does Yarragon compare to nearby suburbs?

Choose the right real estate agents in Yarragon

Get a head start and compare top local agents in Yarragon

Not quite ready to sell?

Suburb and property report

Digital estimate for your property

Navigate the market