Question 1

Is Yarrawonga Park a nice place to live?

Accepted Answer

Yarrawonga Park is a quiet lakeside suburb on the shores of Lake Macquarie. It is mainly residential with tree-lined streets and a mix of older cottages and modern family homes, many with lake views or easy water access. Foreshore reserves, walking tracks and small boat ramps, including the Yarrawonga Park boat ramp, make it easy to get out on the water, and the area has a low-key village atmosphere while larger shops and services are close by.

The community is small, about 390 people with a median age of 46, and the family mix leans towards couples, with couple families without children the largest group at 45.0% and couple families with children 33.3%. Most homes are owner-occupied, about 79.0%, and the suburb attracts families and retirees who value peaceful waterfront living within reach of regional centres. There are no significant new infrastructure or development projects reported at this time.

Question 2

Is it expensive to live in Yarrawonga Park?

Accepted Answer

There haven't been enough recent sales or rentals in Yarrawonga Park to publish reliable house or unit prices or rents. Without current price or rent figures, the suburb's median household income at the last Census ($1,316 a week) alone doesn't show whether living here is expensive compared with local incomes.

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 Yarrawonga Park a good place to invest?

Accepted Answer

There haven't been enough recent property sales in Yarrawonga Park to publish reliable figures on how house or unit values and rents have changed over the year. Without those published movements, it isn't possible to describe how the suburb has performed as an investment over the past 12 months.

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	N/A	N/A
Sold Past 3 months	2	N/A
Median days on market Past 12 months	N/A	N/A
Average rent Past 12 months	N/A	N/A
Change in rent Past 12 months	N/A	N/A

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