Yarrawonga, located in the Mid-Western Regional area of New South Wales, offers a unique and appealing housing market for those considering a tranquil and rural lifestyle. The region is characterized by its scenic landscapes, with rolling hills and greenery providing a picturesque backdrop for homes. The housing market in Yarrawonga is relatively affordable compared to the urban centers, making it an attractive option for families and retirees looking to settle in a peaceful community. Properties in the area range from charming country-style homes to larger estates with ample land. The demand for housing here is steadily growing as more people seek to escape the hustle and bustle of city living, while still having access to essential amenities and community facilities.
Living in Yarrawonga provides a unique blend of rural charm and modern conveniences. Residents enjoy a close-knit community atmosphere, where neighbors often know each other, and there is a strong sense of community spirit. The region boasts several local amenities, including shops, cafes, and schools, making it a convenient place for families. Outdoor enthusiasts will appreciate the numerous parks, walking trails, and natural attractions in the vicinity, offering ample opportunities for recreational activities. The laid-back lifestyle, coupled with the serene natural environment, makes Yarrawonga a desirable place for those seeking a slower pace of life while being part of a warm and welcoming community.
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Thinking about buying in Yarrawonga? Now could not be a better time, with just 252 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $568,000 with prices in this suburb ranging from $64,000 to $2,002,000. The aproximate distance to the coast is 189 Km.
In Yarrawonga there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Yarrawonga due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The slightly lower than average earnings from occupations in Yarrawonga changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. With very low industrial sector presence in Yarrawonga the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.
Instant Property ValuationNone within suburb boundary
(While the above schools are located with the suburb of Yarrawonga there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 1.3 | 16 | 33.5 | 21.7 | 75.9 | 4.2 | 27.4 |
Feb | 2.1 | 16 | 31.7 | 28.0 | 81.3 | 3.6 | 23.4 |
Mar | 1.3 | 13.3 | 28.0 | 32.0 | 83.8 | 3.5 | 19.1 |
Apr | 1.3 | 9.7 | 23.2 | 40.3 | 90.0 | 3.0 | 14.4 |
May | 1.0 | 6.0 | 18.0 | 53.2 | 95.8 | 2.8 | 10.4 |
Jun | 1.2 | 3.7 | 14.2 | 66.4 | 96.7 | 2.6 | 8.3 |
Jul | 1.5 | 3.8 | 13.8 | 66.9 | 97.6 | 3.0 | 8.7 |
Aug | 1.3 | 3.5 | 15.2 | 57.0 | 95.6 | 3.0 | 11.8 |
Sept | 1.4 | 5.1 | 18.9 | 46.4 | 95.6 | 3.4 | 16.3 |
Oct | 1.0 | 7.6 | 24.1 | 34 | 92.8 | 3.5 | 21.5 |
Nov | 1.4 | 11.3 | 28.0 | 26.8 | 87.4 | 3.9 | 25.0 |
Dec | 1.8 | 14.2 | 31.3 | 22.4 | 79.3 | 4.0 | 28.3 |
source: Australian Government Bureau of Meteorology
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