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Shepparton North, VIC 3631
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$680,000
market range $625K-$750K
Median Unit
$690,000
Gross Yield (houses)
4.7%
1yr Growth (houses)
+9.8%
market range +0.0% to +22.5%
Investment snapshot for Shepparton North
Shepparton North has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Shepparton North market and investor summary
Shepparton North (VIC 3631) runs a median house price of $680K, with houses yielding a gross 4.7%. House prices have moved +9.8% over the past year. At 3.1% vacancy, it is a softer rental market with more choice for tenants.
For an investor, the rent-to-price profile sits mid-range: a gross house yield near 4.7% is neither a standout cashflow play nor a pure growth bet. Houses also take time to sell, around 90 days on market, so plan for a slower exit if you ever need one.
Living in Shepparton North: people, income and schools
Shepparton North is home to around 2,048 people, and the area has been growing steadily, up about 8% over five years. The median age is 31, younger than the national median, and 78% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.
Households here earn a median of about $120,000 a year, or roughly $2,310 a week. On socio-economic measures it ranks comfortably above the national middle (8 out of 10 on the ABS advantage index). At current prices a median house runs to roughly 5.7 times local household income, leaving more headroom than most capital-city markets. Incomes have risen about 15% over five years, which tends to underpin what local buyers can pay.
There are 19 schools within about 5km, testing a little above the national school average on ICSEA. It is fairly car-dependent; the suburb scores 4 for walkability out of 100. Fixed broadband is delivered over the NBN's Fibre to the Premises.
- Population
- 2,048
- +8% over 5yr
- Median age
- 31 years
- Median household income
- $120,000/yr
- Households renting
- 20%
- Family households
- 86%
- Socio-economic rank
- 8/10
- ABS advantage index
- Schools within 5km
- 19
- avg ICSEA 1088
- Unemployment
- 3.2%
- Walk score
- 4/100
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Shepparton North
No properties currently listed in Shepparton North
Search Shepparton North listings →Frequently asked questions about Shepparton North
What should I check before investing in Shepparton North?
Shepparton North has enough public data for first-pass screening across yield, vacancy, price and supply signals. House gross rental yield of 4.7% gives a usable rent-to-price starting point. Capital growth of +9.8% in the past year shows strong recent price momentum. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.
What are typical property prices in Shepparton North?
The median property price in Shepparton North, VIC 3631 is $680K for houses and $690K for units.
What rental yield does Shepparton North show?
The gross rental yield in Shepparton North is 4.7% for houses and 3.3% for units. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.
What does recent house price growth show for Shepparton North?
House prices in Shepparton North are up 9.8% over the past year. Capital growth is a key driver of total investment return, so pair it with rental yield to get a full picture.
How tight is the rental market in Shepparton North?
The current vacancy rate in Shepparton North is 3.1%. A rate under 2% generally signals a tight rental market. This suburb's rental market is softer, with tenants having more choice and rents possibly under pressure.
How many people live in Shepparton North?
Shepparton North has a population of approximately 2,048 residents, with a median age of 31.
What schools are near Shepparton North?
There are 19 schools within roughly 5km of Shepparton North. Their average ICSEA is a little above the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.
Is Shepparton North affordable to buy in?
A median house in Shepparton North costs about 5.7 times the median local household income (more affordable than most capital-city markets). The ratio compares the median house price with annual household income; it is a rough affordability gauge, not a substitute for your own borrowing assessment.
Is Shepparton North's population growing?
The population of Shepparton North has grown about 8% over the past five years, an above-average pace. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
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