VIC has seen average median house prices change by 2.87% which means that Shepparton, 3630 has done well for property investors by showing a capital gain of 5.17% over the last year
A 16.33% growth in median value for property investors in Shepparton,3630 puts this suburb at number 424th in terms of best performing suburbs in VIC
Property investors looking for a bargain in Shepparton should be aiming for at least -5.25% off the asking price, which is the average vendor discount being achieved at the moment.
In the last year 496 properties changed hands in Shepparton, which puts it as the 12th most active market in VIC when comparing the number of sales per suburb.
The VIC suburb of Shepparton, 3630 is in the Greater Shepparton (C) local government area.
Over the last year, property investments in Shepparton, 3630 have given investors a capital gain of 47.93%. This compares very favourably with the 6.11% for VIC as a whole.
Comparing Shepparton,3630 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.98% offered to property buyers. Sellers in Shepparton itself are offering an average vendor discount of -4.98% to real estate investors.
At number 1247 in a list of fastest selling suburbs, Shepparton is in the bottom 10% of suburbs in Australia with an average of days on market 115.23 for properties listed there.
With the median price for a house in Shepparton being $250000 and the advertised rent reaching $250 the gross rental yield for property investors calculates out to be 5.20%