Yarrawonga, situated by the banks of Lake Mulwala and bordering Victoria, is a charming town known for its stunning lakeside views, vibrant community and recreational opportunities. It combines a perfect mix of rural charm and suburban conveniences, making it an ideal location for families, retirees, and young professionals. This article delves into the best residential areas within Yarrawonga, highlighting their unique characteristics, housing options, and average prices.
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Yarrawonga Central

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The Central Yarrawonga area is the bustling heart of the town, featuring local shops, cafes, and essential services. Ideal for those wanting a convenient lifestyle, it offers easy access to amenities and a vibrant community atmosphere.
Characteristics of the Yarrawonga Central
* Culture: Local markets and community festivals
* Transportation: Public transport available, walking distance to amenities
* Services: Grocery stores, medical facilities, schools, and parks
* Environment: Friendly and active community
Housing Options in the Yarrawonga Central
Units, Townhouses, Single-family homes
Average Home Prices in the Yarrawonga Central
* Buying: $350,000 – $500,000
* Renting: $1,200 – $1,800/month
Ervington

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Ervington offers a peaceful setting away from the hustle and bustle of the town centre, with a strong sense of community and beautiful parks. This suburb is well-suited for families and anyone seeking a tranquil lifestyle.
Characteristics of the Ervington
* Culture: Family-focused with community events and outdoor activities
* Transportation: Car necessary; public transport limited
* Services: Schools, parks, and local shops
* Environment: Quiet and suburban
Housing Options in the Ervington
Large family homes, Block of land for future development
Average Home Prices in the Ervington
* Buying: $400,000 – $600,000
* Renting: $1,400 – $2,000/month
Mulwala

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Located just slightly over the border in Victoria, Mulwala offers picturesque views of Lake Mulwala. It is perfect for water lovers and those who enjoy fishing and boating, creating a unique laid-back lifestyle.
Characteristics of the Mulwala
* Culture: Lakeside lifestyle with a focus on water activities
* Transportation: Reliable public transport options to Yarrawonga
* Services: Local cafes, fishing supplies, parks
* Environment: Relaxed and serene
Housing Options in the Mulwala
Luxury homes, Waterfront properties, Apartments
Average Home Prices in the Mulwala
* Buying: $450,000 – $700,000
* Renting: $1,500 – $2,200/month
Lakeside Estate

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This prestigious community is known for its modern homes and proximity to leisure activities on Lake Mulwala. Lakeside Estate appeals to those seeking a luxurious lifestyle with a range of amenities.
Characteristics of the Lakeside Estate
* Culture: Affluent community with a focus on lifestyle and recreation
* Transportation: Car recommended for ease of access
* Services: Nearby golf courses, high-end dining options, walking tracks
* Environment: Upscale and community-oriented
Housing Options in the Lakeside Estate
Modern family homes, Luxury villas
Average Home Prices in the Lakeside Estate
* Buying: $600,000 – $1,000,000
* Renting: $2,000 – $3,000/month
Yarrawonga South

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Yarrawonga South is a family-friendly suburb featuring schools and parks perfect for young families. This area has a strong community spirit and is ideal for families looking to settle down.
Characteristics of the Yarrawonga South
* Culture: Active family and community lifestyle
* Transportation: Accessible public transport and bike paths
* Services: Schools, childcare centres, parks
* Environment: Welcoming and safe
Housing Options in the Yarrawonga South
Single-family homes, Two-storey houses
Average Home Prices in the Yarrawonga South
* Buying: $350,000 – $500,000
* Renting: $1,200 – $1,800/month
Kieler

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A quiet suburb perfect for retirees and individuals seeking a slower pace of life. Kieler offers spacious blocks and a strong community feel, making it a top choice for those who enjoy gardening and outdoor living.
Characteristics of the Kieler
* Culture: Retirement and gardening community
* Transportation: Limited public transport, mostly car-dependent
* Services: Grocery stores, gardening supplies, local events
* Environment: Tranquil and friendly
Housing Options in the Kieler
Larger blocks with older homes, Renovated properties
Average Home Prices in the Kieler
* Buying: $280,000 – $400,000
* Renting: $1,000 – $1,400/month
Frequently Asked Questions About the Best Residential Areas in Yarrawonga:
The best suburbs in Yarrawonga include Yarrawonga Central, Ervington, Mulwala, Lakeside Estate, Yarrawonga South, and Kieler.
Yarrawonga South is ideal for families, featuring schools, parks, and a welcoming community atmosphere.
Mulwala and Lakeside Estate offer beautiful waterfront properties and easy access to Lake Mulwala.
The average price ranges from approximately $350,000 for units to $1,000,000 for luxury homes in Lakeside Estate.
Yes, Yarrawonga South has several well-regarded schools and childcare facilities, making it a great choice for families.
Yarrawonga has public transport options, but a car is recommended for ease of travel across different suburbs.
Residents can enjoy fishing, boating, walking trails, and local parks, making it a hub for outdoor activities.
Yarrawonga Central has the highest concentration of amenities, including shops, medical centres, and recreational facilities.
The rental market is diverse, with unit rentals starting at $1,200 and larger homes going up to $2,000/month.
Yes, suburbs like Kieler and Mulwala are ideal for retirees seeking a peaceful lifestyle with easy access to nature.
Conclusion on the Best Residential Areas in Yarrawonga:
Yarrawonga presents an excellent blend of lifestyle options for individuals and families looking to settle in New South Wales. Whether you prefer the vibrant atmosphere of Yarrawonga Central, the tranquility of Kieler, or the lakeside appeal of Mulwala, there is a suitable option for everyone. The community spirit, recreational opportunities, and diverse housing options make Yarrawonga a desirable destination. Your choice of suburb will depend on personal preferences such as lifestyle, proximity to amenities, and budget. Overall, Yarrawonga offers a fulfilling living experience within its picturesque landscape and welcoming community.
About the Author

Published by:Eribert De Oliveira
Mechatronics Engineer and founder of Mi Inmueble Online, with a background in real estate. I combine technology and analysis to help you find the best areas to live.