Yambacoona is a rural locality in the local government area (LGA) of King Island in the North-west and west LGA region of Tasmania. The locality is about north of the town of Currie.
Yambacoona was gazetted as a locality in 1971. It is believed to be named after a ship that brought settlers to the island in 1901.The 2016 census recorded a population of 32 for the state suburb of Yambacoona. At the , the population had increased to 41.
The waters of the Southern Ocean form the western boundary, and Bass Strait the eastern.
Route B25 (North Road) runs through from south to north.