Cooks Gap vs Yarrawonga
Yarrawonga (median $675,000) is roughly 14% cheaper to buy into than Cooks Gap ($782,500).
Buying in Cooks Gap or Yarrawonga?
Selling in Cooks Gap? The free selling guide
Cooks Gap and Yarrawonga side by side
| Measure | Cooks Gap | Yarrawonga |
|---|---|---|
| Price and market | ||
| Median house | $782,500 | $675,000 |
| Median unit | $274,320 | $274,320 |
| Renting | ||
| House rent | $650/wk | $650/wk |
| Unit rent | $450/wk | $450/wk |
| Owner occupied | 83.0% | 86.0% |
| Renter occupied | 13.0% | 8.0% |
| Schools | ||
| Schools nearby | 4 | 4 |
| Average ICSEA | 913 | 913 |
| Lifestyle and people | ||
| Walk score | 0 | 0 |
| Transit score | 0 | 0 |
| Bike score | 0 | 0 |
| Population | 549 | 445 |
| Median age | 43 | 46 |
| Climate | ||
| Annual rainfall | 711 mm | 680 mm |
| Mean max, January | 30.6°C | 31.3°C |
Green dot: better on that measure (lower price, higher growth, higher walkability, lower risk). Each suburb’s profile gives the source and period of its figures.
Which suits whom
- For buyers
- Yarrawonga is the lower entry point at $675,000 median, 14% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
- For investors
- Yarrawonga offers the higher gross rental yield (5.01% vs 4.32%), favouring cash-flow investors.
- For families
- School and household data is too similar between the two to call a winner on family fit. Check the individual profiles for street-level school catchments.
Cooks Gap vs Yarrawonga: common questions
Is Cooks Gap or Yarrawonga cheaper to buy in?
Yarrawonga has the lower median house price at $675,000, roughly 14% below Cooks Gap ($782,500). The gap on units is usually similar but worth checking on the full suburb profiles.
Which suburb has higher rental yield, Cooks Gap or Yarrawonga?
Gross rental yield on houses is 5.01% in Yarrawonga vs 4.32% in Cooks Gap. Gross yield equals annual rent divided by purchase price. Net yield (after strata, rates, insurance, agent fees and maintenance) typically runs 1.5-2 percentage points lower.
Keep comparing
The two suburbs
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