Baw Baw Shire Council

Yarragon

VIC3823

Yarragon at a glance

Median house

$645,000

Median unit

$240,480

Population

1,893

Median age 43

The brief

What to know about Yarragon.

The postcode for Yarragon is 3823 (VIC).

The median house price in Yarragon is $645,000.

Yarragon (3823) sits in the Baw Baw region of Victoria. The median house here is $645,000, below the Victoria median of around $850K.

Yarragon has roughly 1,893 residents, with an established, older skew. Households are predominantly owner-occupied.

Side by side

Compare Yarragon with a nearby suburb.

Median, growth, schools, walkability, all in one view.

Day to day

What it’s like to live here.

Schooling within or near the suburb covers 5 government primary, 1 government secondary, 1 Catholic.

Who lives here

Demographics.

The 2021 Census put Yarragon's population at 1,893, with a median age of 43. That sits as an established, older skew. Households are predominantly owner-occupied (81% own, 15% rent), which shapes everything from school catchment stability to how often properties turn over. The household mix skews family-dominated (71% family households, 28% lone person), so amenity decisions tend to follow what families want: parks, schools, supermarkets.

Population

1,893

Median age

43

Family households

71%

Lone person

28%

Demographics data as of May 2026· ABS 2021 Census

Houses change hands at $645,000 on a typical sale, below the Victoria median. Units come in around $240,480, roughly 63% below the house median.

For buyers

A 20% deposit on the median house works out to roughly $129,000. Prices are below the Victoria median, which keeps Yarragon on the radar for first-home buyers and right-sizers.

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Market

The price of a home here.

Median house price

$645,000

+0.0% over the past year. Median unit price $240,480.

Sales data as of May 2026· sales-vic

Rental and ownership

Weekly rent (house)

$320/wk

Weekly rent (unit)

$320/wk

Owner occupied

81%

Renter occupied

15%

At a deeper level

Median House PriceSource: Land Victoria / DTP · May 2026

$645,000

Median Unit PriceSource: Land Victoria / DTP · May 2026

$240,480

PopulationSource: ABS Census 2021 · May 2026

1,893

Median age: 43

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For investors

Investment overview.

Gross rental yield on houses sits at 2.58% (median rent $320/wk against a $645,000 price tag). Units yield 6.92% gross, often the better cash-flow play for first-time investors. Renter share is modest (15%), so the rental pool is smaller and tenant demand can be patchier than in higher-density suburbs.

Gross Yield (House)

Source: Land Victoria / DTP · May 2026

2.58%

Based on $645,000 median

Gross Yield (Unit)

Source: Land Victoria / DTP · May 2026

6.92%

Based on $240,480 median

Annual Growth (House)

Source: Land Victoria / DTP · May 2026

Year-on-year capital growth

Annual Growth (Unit)

Source: Land Victoria / DTP · May 2026

Year-on-year capital growth

Owner Occupancy

Source: ABS Census 2021 · May 2026

81%

Higher = more owner-occupier demand

Days on Market

Source: Land Victoria / DTP · May 2026

Lower = higher buyer demand

Gross rental yield is annual rent divided by purchase price, before expenses. It does not account for vacancy rates, management fees, maintenance, or financing costs. Use this as a starting point for further research.

Safety

Crime and safety.

Offence Summary

149

total offences in 2025

Top offence categories

B Property and deception offences91 (61.1%)
A Crimes against the person30 (20.1%)
E Justice procedures offences21 (14.1%)
C Drug offences4 (2.7%)
D Public order and security offences3 (2.0%)

Crime statistics are reported at LGA level and may cover a broader area than this suburb.

Source: State Police Open Data

Crime data as of December 2025· State Police Open Data

Place

Location.

Amenities

Transport

Nearby suburbs

Education

Schools in Yarragon.

Local schools for Yarragon

View the catchment for each school to find out more.

Government School Catchment

Yarragon Primary School

Prep-6CoEdGovernment
View Catchment

Darnum Primary School

Prep-6CoEdGovernment
View Catchment

Trafalgar High School

7-12CoEdGovernment
View Catchment

© ACARA, licensed under CC BY 4.0.

Frequently asked

About Yarragon.

What is the median house price in Yarragon?
The median house price in Yarragon, VIC 3823 is $645,000. The median unit price is $240,480.
What is the Yarragon postcode?
Yarragon is in the 3823 postcode, in VIC, in the Baw Baw Shire Council region.
Where is Yarragon?
Yarragon is a regional suburb in VIC, postcode 3823, in the Baw Baw Shire Council region.
What is the average rent in Yarragon?
The median weekly rent for houses is $320, for units it's $320.
What schools are in Yarragon?
There are 7 schools serving Yarragon on this page, including Yarragon Primary School, Darnum Primary School, St Joseph's School.
What suburbs are near Yarragon?
Yarragon is close to Yarragon South, Darnum, Trafalgar, Cloverlea, Nilma North.
What is the population of Yarragon?
The population of Yarragon is approximately 1,893 (2021 Census). The median age is 43.

Sources cited

Median, growth and rental data from state revenue offices and ABS. Census from ABS 2021. Climate from BoM. Hazard from Geoscience Australia. School data from ACARA. Crime from state police open data. Full methodology →

Always dated

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