Property value increases in Shepparton have tracked close to the VIC average of 3.76% over the last 12 months.
Over the longer term, Shepparton has seen property prices show investors a 9.20% return over the last 3 years. This is worse than over the last 12 months
Shepparton3630 is located in VIC which offers an average discount of -5.61% to property investors. Shepparton itself is showing figures that indicate -3.86% is the average achievable by property buyers investing in the suburb.
With the median price for a house in Shepparton being $273000 and the advertised rent reaching $300 the gross rental yield for property investors calculates out to be 5.71%
Shepparton, 3630 ranked 340th 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
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.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.13% offered to property buyers. Sellers in Shepparton itself are offering an average vendor discount of -3.69% to real estate investors.
Shepparton, 3630’s gross rental yield is 7.22%