Suburb Profile Report for Shepparton VIC (3630)

Shepparton House: Median price $279,500, Annual capital growth 2.16%, Number of sales 518, Weekly median advertised rent $310

Shepparton Unit: Median price $220,000, Annual capital growth 0.58%, Number of sales 34, Weekly median advertised rent $250

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: Monthly data update for Oct 2019 as supplied by CoreLogic. Data is reported to the period ending Jul 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

With a capital gain of 2.95% for the last 12 months, Shepparton, 3630 has performed for property investments than its average annual 2.16% property growth over the last 5 years.

Across a shorter period, Shepparton, 3630 has seen a median price increase of 1.64% over the last quarter.

Property buyers and investors in Shepparton 3630 should be seeing an average reduction in asking price of around -4.57% . This means that Shepparton is holding prices well when compared to other suburbs in VIC.

At number 2333 in a list of fastest selling suburbs, Shepparton is in the bottom 40% of suburbs in Australia with an average of days on market 85.6495 for properties listed there.

With the median price for a house in Shepparton being $279500 and the advertised rent reaching $310 the gross rental yield for property investors calculates out to be 5.77%

Investment property in Shepparton has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 22.22%

When looking at the potential capital gains offered to property investors over the last 3 years, Shepparton comes in at number 233th in VIC.

At number 150th of VIC’s most discounted properties, Shepparton is in the middle of the state/territory when listing in order of most discounted to least.

Metrics i HOUSE UNIT
$279,500 $220,000
1.64% 16.09%
2.95% 22.22%
2.16% 0.58%
$310 $250
518 34
5.77% 5.91%
85.6494565217391 112

Source: Monthly data update for Oct 2019 as supplied by CoreLogic. Data is reported to the period ending Jul 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Very good (H), Good (U)
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Demographics
Total population 29553
Median household income ($/weekly) 925
Median age of persons 36
Median housing loan repayment ($/monthly) 1300
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 4114 13.9
    25-34 years 3853 13.0
    35-44 years 3875 13.1
    45-54 years 3681 12.5
    55-64 years 3138 10.6
    Others 10892 36.9
    Age Group
    Census Count Percent(%)
    Registered Married 9472 46.3
    Not Married 9159 44.8
    Defacto Relationship 1830 8.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 22459 81.7
    Indonesia 586 2.1
    Japan 472 1.7
    United Kingdom 494 1.8
    Other 1638 6.0
    Others 1832 6.7
    Country of Birth
    Census Count Percent(%)
    Christianity 17422 65.9
    Hinduism 264 1.0
    Islam 2421 9.2
    Other Religious Groups 422 1.6
    No Religion 5721 21.6
    Others 205 0.8
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 1373 14.2
    $600-$799 1202 12.4
    $800-$999 1032 10.6
    $1,000-$1,249 1001 10.3
    $1,500-$1,999 1104 11.4
    Others 3985 41.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 8659 40.0
    Employed, worked full-time 7460 34.4
    Employed, worked part-time 3894 18.0
    Unemployed, looking for work 862 4.0
    Employed, away from work 796 3.7
    Person Characteristics
  • Census Count Percent(%)
    Professionals 2247 18.5
    Technicians & trades workers 1730 14.2
    Clerical & administrative workers 1445 11.9
    Sales 1371 11.3
    Labourers 1818 15.0
    Others 3534 29.1
    Occupation
    Census Count Percent(%)
    Pre-school 456 7.1
    Infants/Primary 2426 37.7
    Secondary 2080 32.3
    Technical or Further Educational Institution 768 11.9
    University or other Tertiary Institutions 478 7.4
    Others 234 3.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 23981 88.7
    Semi-detached, row or terrace house, townhouse 1075 4.0
    Flat, unit or apartment 1894 7.0
    Caravan, cabin, houseboat 56 0.2
    House or flat attached to a shop, office 33 0.1
    Others 3 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 3886 37.1
    Being purchased 3316 31.7
    Fully owned 3190 30.5
    Other tenure type 80 0.8
    Tenure Type
Census 2011, ABS
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