VIC has seen average median house prices change by 8.23% which means that Shepparton, 3630 has done well for property investors by showing a capital gain of 7.00% over the last year
Comparing Shepparton,3630 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Property investors looking for a bargain in Shepparton should be aiming for at least -5.15% off the asking price, which is the average vendor discount being achieved at the moment.
With the median price for a house in Shepparton being $260000 and the advertised rent reaching $285 the gross rental yield for property investors calculates out to be 5.70%
Shepparton has had a very poor year for property investment returns compared to the rest of VIC, giving investors a capital gain of -4.33% to date .
Shepparton,3630 has offered an average of -4.33% return per annum in house price rises to property investors over the last three years.
Our latest figures would indicate that property sellers in Shepparton are currently offering property investors an average price cut of -5.23% below the asking price at the moment.
On average over the past year, suburb has had 5.67 sales per month, which equates to 68 per year.
Property investors should expect to get $240 weekly from the median priced house in this suburb.