The size of Yarrawonga is approximately 1.5 square kilometres. The population of Yarrawonga in 2011 was 69 people. By 2016 the population was 26 showing a population decline of 62.3% in the area during that time. The predominant age group in Yarrawonga is 70-79 years. Households in Yarrawonga are primarily childless couples and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Yarrawonga work in a trades occupation. In 2006, 20% of the homes in Yarrawonga were owner-occupied compared with 36.4% in 2011.