Property value increases in Shepparton have tracked lower than the VIC average of 11.63% over the last 12 months.
Over the longer term, Shepparton has seen property prices show investors a 5.74% return over the last 3 years. This is worse than over the last 12 months
Shepparton, 3630 is offering VIC ‘s 280th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this VIC.
In the last year 563 properties changed hands in Shepparton, which puts it as the 10th most active market in VIC when comparing the number of sales per suburb.
A $290 per week rent on the median house gives suburb investors a gross yield of circa 5.84%, without taking into account capital value appreciation, which has been averaging out at 1.03%.
With a capital gain of 3.45% for the last 12 months, Shepparton, 3630 has performed for property investments than its average annual 0.56% property growth over the last 5 years.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Shepparton has stayed pretty constant when compared to the 5 year average annual rate.
Shepparton3630 is located in VIC which offers an average discount of -4.58% to property investors. Shepparton itself is showing figures that indicate -5.93% is the average achievable by property buyers investing in the suburb.
In the last year 63 properties changed hands in Shepparton, which puts it as the 145th most active market in VIC when comparing the number of sales per suburb.