Suburb Profile Report for Shepparton North VIC (3631)

Shepparton North House: Median price $420,000, Annual capital growth 7.04%, Number of sales 17, Weekly median advertised rent $360

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

Source: Monthly data update for May 2020 as supplied by CoreLogic. Data is reported to the period ending Feb 2020. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report

Giving property investors a a solid capital gain of 14.29% for the last year, Shepparton North, 3631 is the 347th highest performer in Australia in this respect.

Shepparton North,3631 was ranked 345 in Australia by increase in median property value over the quarter.

Property buyers and investors in Shepparton North 3631 should be seeing an average reduction in asking price of around -4.91% . This means that Shepparton North is holding prices well when compared to other suburbs in VIC.

In the last year 17 properties changed hands in Shepparton North, which puts it as the 623th most active market in VIC when comparing the number of sales per suburb.

A $360 per week rent on the median house gives suburb investors a gross yield of circa 4.46%, without taking into account capital value appreciation, which has been averaging out at 7.04%.

Metrics i HOUSE UNIT
$420,000 N/A
6.94% N/A
14.29% N/A
7.04% N/A
$360 N/A
17 N/A
4.46% N/A
92.3529411764706 N/A

Source: Monthly data update for May 2020 as supplied by CoreLogic. Data is reported to the period ending Feb 2020. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Balanced (H), Above average (U)
Find a mortgage broker in Shepparton North VIC
Demographics
Total population 522
Median household income ($/weekly) 1553
Median age of persons 30
Median housing loan repayment ($/monthly) 1975
Average household size 3.2
  • Census Count Percent(%)
    5-14 years 104 19.9
    15-19 years 44 8.4
    25-34 years 76 14.6
    35-44 years 87 16.7
    45-54 years 67 12.8
    Others 144 27.6
    Age Group
    Census Count Percent(%)
    Registered Married 200 58.5
    Not Married 100 29.2
    Defacto Relationship 42 12.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 422 84.2
    Japan 8 1.6
    Papua New Guinea 25 5.0
    United Kingdom 8 1.6
    Other 14 2.8
    Others 24 4.8
    Country of Birth
    Census Count Percent(%)
    Christianity 363 76.6
    No Religion 99 20.9
    Islam 12 2.5
    Buddhism 0 0.0
    Hinduism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $800-$999 14 9.9
    $1,250-$1,499 20 14.1
    $1,500-$1,999 14 9.9
    $2,000-$2,499 29 20.4
    $2,500-$2,999 14 9.9
    Others 51 35.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 169 47.2
    Not in the labour force 86 24.0
    Employed, worked part-time 82 22.9
    Employed, away from work 16 4.5
    Unemployed, looking for work 5 1.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 43 16.2
    Professionals 49 18.5
    Technicians & trades workers 43 16.2
    Clerical & administrative workers 41 15.5
    Labourers 34 12.8
    Others 55 20.8
    Occupation
    Census Count Percent(%)
    Pre-school 16 9.5
    Infants/Primary 58 34.5
    Secondary 60 35.7
    Technical or Further Educational Institution 17 10.1
    Other type of educational institution 9 5.4
    Others 8 4.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 496 100.0
    Semi-detached, row or terrace house, townhouse 0 0.0
    Flat, unit or apartment 0 0.0
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 80 53.3
    Fully owned 37 24.7
    Rented 30 20.0
    Other tenure type 3 2.0
    Tenure Type
Census 2011, ABS
Chart Table