Suburb Profile Report for Shepparton VIC (3630)

Shepparton House: Median price $257,000, Annual capital growth 1.12%, Number of sales 532, Weekly median advertised rent $290

Shepparton Unit: Median price $227,500, Annual capital growth 0.50%, Number of sales 62, Weekly median advertised rent $240

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

Investment property in Shepparton has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -2.56%

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Shepparton has increased when compared to the 5 year average annual rate.

Shepparton, 3630 is offering VIC ‘s 241th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 40% of discounts offered by this VIC.

Residents and property investors in Shepparton have been waiting around 96.82 days to sell a property.

The VIC suburb of Shepparton, 3630 is in the Greater Shepparton local government area.

With a capital gain of 8.33% for the last 12 months, Shepparton, 3630 has performed for property investments than its average annual 0.50% property growth over the last 5 years.

While Shepparton,3630 ranked number 237th in VIC for increase in median house value (annualised) increase, it is ranked 293th over the last 5 years.

Shepparton3630 is located in VIC which offers an average discount of -4.73% to property investors. Shepparton itself is showing figures that indicate -6.66% is the average achievable by property buyers investing in the suburb.

In the last year 62 properties changed hands in Shepparton, which puts it as the 147th most active market in VIC when comparing the number of sales per suburb.

Property investors should expect to get $240 weekly from the median priced house in this suburb.

Metrics i HOUSE UNIT
$257,000 $227,500
-0.39% 0.00%
-2.56% 8.33%
1.12% 0.50%
$290 $240
532 62
5.87% 5.49%
96.82 91.72

Source: CoreLogic

DSR Score for property investment : Above average (H), Balanced (U)
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Demographics
Total population 29553
Median household income ($/weekly) 925
Median age of persons 36
Median housing loan repayment ($/monthly) 1300
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 4114 13.9
    25-34 years 3853 13.0
    35-44 years 3875 13.1
    45-54 years 3681 12.5
    55-64 years 3138 10.6
    Others 10892 36.9
    Age Group
    Census Count Percent(%)
    Registered Married 9472 46.3
    Not Married 9159 44.8
    Defacto Relationship 1830 8.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 22459 81.7
    Indonesia 586 2.1
    Japan 472 1.7
    United Kingdom 494 1.8
    Other 1638 6.0
    Others 1832 6.7
    Country of Birth
    Census Count Percent(%)
    Christianity 17422 65.9
    Hinduism 264 1.0
    Islam 2421 9.2
    Other Religious Groups 422 1.6
    No Religion 5721 21.6
    Others 205 0.8
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 1373 14.2
    $600-$799 1202 12.4
    $800-$999 1032 10.6
    $1,000-$1,249 1001 10.3
    $1,500-$1,999 1104 11.4
    Others 3985 41.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 8659 40.0
    Employed, worked full-time 7460 34.4
    Employed, worked part-time 3894 18.0
    Unemployed, looking for work 862 4.0
    Employed, away from work 796 3.7
    Person Characteristics
  • Census Count Percent(%)
    Professionals 2247 18.5
    Technicians & trades workers 1730 14.2
    Clerical & administrative workers 1445 11.9
    Sales 1371 11.3
    Labourers 1818 15.0
    Others 3534 29.1
    Occupation
    Census Count Percent(%)
    Pre-school 456 7.1
    Infants/Primary 2426 37.7
    Secondary 2080 32.3
    Technical or Further Educational Institution 768 11.9
    University or other Tertiary Institutions 478 7.4
    Others 234 3.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 23981 88.7
    Semi-detached, row or terrace house, townhouse 1075 4.0
    Flat, unit or apartment 1894 7.0
    Caravan, cabin, houseboat 56 0.2
    House or flat attached to a shop, office 33 0.1
    Others 3 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 3886 37.1
    Being purchased 3316 31.7
    Fully owned 3190 30.5
    Other tenure type 80 0.8
    Tenure Type
Census 2011, ABS
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Recent sales & rentals