Shepparton has had a very poor year for property investment returns compared to the rest of VIC, giving investors a capital gain of 1.92% to date .
While Shepparton,3630 ranked number 497th in VIC for increase in median house value (annualised) increase, it is ranked 608th over the last 5 years.
Shepparton3630 is located in VIC which offers an average discount of -5.08% to property investors. Shepparton itself is showing figures that indicate -3.89% is the average achievable by property buyers investing in the suburb.
On average over the past year, suburb has had 49.50 sales per month, which equates to 594 per year.
With the median price for a house in Shepparton being $265000 and the advertised rent reaching $290 the gross rental yield for property investors calculates out to be 5.69%
Giving property investors a an unimpressive capital gain of -4.00% for the last year, Shepparton, 3630 is the 1368th highest performer in Australia in this respect.
A -2.70% growth in median value for property investors in Shepparton,3630 puts this suburb at number 347th in terms of best performing suburbs in VIC
The most recent median price for Shepparton is $216000, with sellers offering an average of -4.04% off the asking price.
Often selling an investment property can take time, and in Shepparton the average time real estate has been on the market is 109.37 days.
Shepparton is 20th on a list of best yielding suburbs for rents in VIC with a 5.78% return