Shepparton, 3630 ranked 288th in VIC when comparing growth in median property values or capital gain over the last 12 months. Shepparton is one of 2099 in our list for VIC
Comparing Shepparton,3630 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Property buyers and investors in Shepparton 3630 should be seeing an average reduction in asking price of around -3.97% . This means that Shepparton is holding prices well when compared to other suburbs in VIC.
Often selling an investment property can take time, and in Shepparton the average time real estate has been on the market is 76.8781 days.
With the median price for a house in Shepparton being $275000 and the advertised rent reaching $310 the gross rental yield for property investors calculates out to be 5.86%
Shepparton has had a very poor year for property investment returns compared to the rest of VIC, giving investors a capital gain of -11.72% to date .
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Shepparton has fallen somewhat when compared to the 5 year average annual rate.
Property investors looking for a bargain in Shepparton should be aiming for at least -5.02% off the asking price, which is the average vendor discount being achieved at the moment.