Shepparton North is a smaller suburb in Victoria within the Greater Shepparton local government area (postcode 3631). With a population of 2,048, the suburb has a young professional demographic with a median age of 31. Households earn a median income of $120K per year, with an average household size of 3.5 people. The most common occupations are professionals, managers, technicians & trades. The top ancestries reported are Australian, English, Indian.
The median house price in Shepparton North is $653,000, having grown strongly 7% over the past year. The current median weekly rent is $400. This gives a gross rental yield of approximately 3.2%. The median monthly mortgage repayment is $1,733.
Shepparton North is served by 2 schools, including 1 primary, 1 combined. The average ICSEA score is 1088, which is above the national average of 1,000. Public transport access includes 4 bus stops. 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 North offers a gross rental yield of 3.2%, rated as moderate yield. Property prices are near the state median ($653K/$875K). The price-to-income ratio of 5.4x is considered affordable. House prices have moved +7.0% year-on-year.
Shepparton North is a smaller suburb in Victoria within the Greater Shepparton local government area (postcode 3631). With a population of 2,048, the suburb has a young professional demographic with a median age of 31. Households earn a median income of $120K per year, with an average household size of 3.5 people. The most common occupations are professionals, managers, technicians & trades. The top ancestries reported are Australian, English, Indian.
The median house price in Shepparton North is $653,000, having grown strongly 7% over the past year. The current median weekly rent is $400. This gives a gross rental yield of approximately 3.2%. The median monthly mortgage repayment is $1,733.
Shepparton North is served by 2 schools, including 1 primary, 1 combined. The average ICSEA score is 1088, which is above the national average of 1,000. Public transport access includes 4 bus stops. 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 North offers a gross rental yield of 3.2%, rated as moderate yield. Property prices are near the state median ($653K/$875K). The price-to-income ratio of 5.4x is considered affordable. House prices have moved +7.0% year-on-year.