Mirrabooka vs Yarrawonga Park
Yarrawonga Park (median $735,000) is roughly 9% cheaper to buy into than Mirrabooka ($810,000). Over the past year, Yarrawonga Park (+8.9%) ran 6.4 percentage points ahead of Mirrabooka (+2.5%) on house-price growth.
Buying in Mirrabooka or Yarrawonga Park?
Selling in Mirrabooka? The free selling guide
Mirrabooka and Yarrawonga Park side by side
| Measure | Mirrabooka | Yarrawonga Park |
|---|---|---|
| Price and market | ||
| Median house | $810,000 | $735,000 |
| Median unit | $278,640 | $278,640 |
| House price change, 12 months | +2.5% | +8.9% |
| Renting | ||
| House rent | $695/wk | $695/wk |
| Owner occupied | 76.0% | 75.0% |
| Renter occupied | 22.0% | 20.0% |
| Schools | ||
| Schools nearby | 20 | 20 |
| Average ICSEA | 970 | 988 |
| Lifestyle and people | ||
| Walk score | 0 | 0 |
| Transit score | 0 | 0 |
| Bike score | 25 | 25 |
| Population | 809 | 390 |
| Median age | 42 | 46 |
| Climate | ||
| Annual rainfall | 1116 mm | 1116 mm |
| Mean max, January | 27.9°C | 27.9°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
On school quality, the average ICSEA across schools serving Yarrawonga Park (988) sits above Mirrabooka (970).
- For buyers
- Yarrawonga Park is the lower entry point at $735,000 median, 9% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
- For investors
- Yarrawonga Park carries both higher gross yield (4.92% vs 4.46%) and stronger 12-month growth. On the headline numbers, it's the cleaner investor case of the two.
- For families
- Yarrawonga Park edges out on average school ICSEA (988 vs 970).
Mirrabooka vs Yarrawonga Park: common questions
Is Mirrabooka or Yarrawonga Park cheaper to buy in?
Yarrawonga Park has the lower median house price at $735,000, roughly 9% below Mirrabooka ($810,000). The gap on units is usually similar but worth checking on the full suburb profiles.
Which has stronger property growth, Mirrabooka or Yarrawonga Park?
Over the past 12 months, Yarrawonga Park grew +8.9% vs +2.5% in Mirrabooka, a gap of 6.4 percentage points. Twelve-month growth can swing year to year, so weight long-run trends from the individual suburb profiles before making a buy decision.
Does Mirrabooka or Yarrawonga Park have better schools?
On average school ICSEA (the ACARA index that benchmarks educational advantage), Yarrawonga Park scores 988 vs 970 in Mirrabooka. ICSEA is a school-community indicator, not a quality rating, so always check NAPLAN results and catchment boundaries for the specific address you're considering.
Which suburb has higher rental yield, Mirrabooka or Yarrawonga Park?
Gross rental yield on houses is 4.92% in Yarrawonga Park vs 4.46% in Mirrabooka. 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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