Shepparton is a large suburb in Victoria within the Greater Shepparton local government area (postcode 3630). With a population of 32,067, the suburb has an established demographic with a median age of 38. Households earn a median income of $67K per year, with an average household size of 2.4 people. The most common occupations are professionals, labourers, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Shepparton is $465,000, having increased 4.5% over the past year. Units have a median price of $370,000 (+12% YoY). The current median weekly rent is $390. This gives a gross rental yield of approximately 4.4%. The median monthly mortgage repayment is $1,249.
Shepparton is served by 13 schools, including 7 primary, 3 secondary, 2 combined, 1 special. The average ICSEA score is 948, which is below the national average of 1,000. Public transport access includes 5 rail stations, 272 bus stops. Healthcare facilities include 1 public and 1 private hospitals. The crime rate in the Greater Shepparton LGA is higher than average at 14,955 incidents per 100,000 population.
From an investment perspective, Shepparton offers a gross rental yield of 4.4%, rated as moderate yield. Property prices sit below the state median ($465K/$875K), suggesting a potential value opportunity. The price-to-income ratio of 7.0x is considered moderate. House prices have moved +4.5% year-on-year.
Shepparton is a large suburb in Victoria within the Greater Shepparton local government area (postcode 3630). With a population of 32,067, the suburb has an established demographic with a median age of 38. Households earn a median income of $67K per year, with an average household size of 2.4 people. The most common occupations are professionals, labourers, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Shepparton is $465,000, having increased 4.5% over the past year. Units have a median price of $370,000 (+12% YoY). The current median weekly rent is $390. This gives a gross rental yield of approximately 4.4%. The median monthly mortgage repayment is $1,249.
Shepparton is served by 13 schools, including 7 primary, 3 secondary, 2 combined, 1 special. The average ICSEA score is 948, which is below the national average of 1,000. Public transport access includes 5 rail stations, 272 bus stops. Healthcare facilities include 1 public and 1 private hospitals. The crime rate in the Greater Shepparton LGA is higher than average at 14,955 incidents per 100,000 population.
From an investment perspective, Shepparton offers a gross rental yield of 4.4%, rated as moderate yield. Property prices sit below the state median ($465K/$875K), suggesting a potential value opportunity. The price-to-income ratio of 7.0x is considered moderate. House prices have moved +4.5% year-on-year.