Waanyarra is a locality in the Shire of Loddon, Victoria, Australia, north west of the state capital, Melbourne and west of Bendigo. At the , Waanyarra had a population of 57.
Originally a small township existed here which arose due to the discovery of gold. Commencing in the 1860s, the township supported 2 hotels, several stores, a school and a post office, which remained open until the 1920s. Nothing now remains other than foundations, an old cemetery and recreation reserve.