Property value increases in Shepparton have tracked just lower than the VIC average of 8.62% over the last 12 months.
Taking the average capital gain, or increase in median house value, Shepparton,3630 has racked up an average of 2.29% over the period. This ranks it number 2645th in the whole country for real estate investors looking at median house price increases.
Shepparton, 3630 is offering VIC ‘s 500th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 30% of discounts offered by this VIC.
Residents and property investors in Shepparton have been waiting around 87.86 days to sell a property.
Situated 163.64km from the CBD, Shepparton is one of Greater Shepparton localities in the postcode 3630.
Shepparton, 3630 ranked 320th in VIC when comparing growth in median property values or capital gain over the last 12 months. Shepparton is one of 2098 in our list for VIC
Across a shorter period, Shepparton, 3630 has seen a median price increase of -2.33% over the last quarter.
Our latest figures would indicate that property sellers in Shepparton are currently offering property investors an average price cut of -4.07% below the asking price at the moment.
With the median price for a house in Shepparton being $210000 and the advertised rent reaching $240 the gross rental yield for property investors calculates out to be 5.94%