Yarrawonga vs Cooks Gap
Yarrawonga (median $675,000) is roughly 14% cheaper to buy into than Cooks Gap ($782,500).
Buying in Yarrawonga or Cooks Gap?
Selling in Yarrawonga? The free selling guide
Yarrawonga and Cooks Gap side by side
| Measure | Yarrawonga | Cooks Gap |
|---|---|---|
| Price and market | ||
| Median house | $675,000 | $782,500 |
| Median unit | $274,320 | $274,320 |
| Renting | ||
| House rent | $650/wk | $650/wk |
| Unit rent | $450/wk | $450/wk |
| Owner occupied | 86.0% | 83.0% |
| Renter occupied | 8.0% | 13.0% |
| 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 | 445 | 549 |
| Median age | 46 | 43 |
| Climate | ||
| Annual rainfall | 680 mm | 711 mm |
| Mean max, January | 31.3°C | 30.6°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.
Yarrawonga vs Cooks Gap: common questions
Is Yarrawonga or Cooks Gap 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, Yarrawonga or Cooks Gap?
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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