[4] In his local book, Antony O'Brien (p. 22) quotes an old poem published in the Melbourne Punch, 11 June 1857, titled, "The Lass of Yackandandah".

Let poets sing of English girls,Their beauty and their candor;Give me a sweeter nymph than all, –The lass of Yackandandah.

""She draws a cork with such an air,No mortal can withstand her;She turns a tap, and turns our heads, –The lass of Yackandandah.The area is now predominantly a dairy farming and forestry region and has numerous bed and breakfast lodges which allow its many visitors to enjoy the peace and tranquillity of the district's forest and mountains.

In May 2017 the Victoria State Government budgeted for an extension of the Murray to Mountains Rail Trail side branch from Beechworth to Yackandandah.

[10] Like the larger neighbouring town of Beechworth, Yackandandah promotes itself as a tourist destination on the basis of its gold mining history and features a period streetscape as well as an increasing number of antique shops.

Two historic buildings, the 146-year-old museum (formerly the Bank of Victoria) and an adjacent timber store ("Rainbow Crystal"), were destroyed by a fire in the early morning of 21 December 2006.