BUSTLING, growing and dynamic, Greater Shepparton is a region that blends a strong regional economy with a diverse cultural community. Renowned for producing a significant share of the nation’s fruit, dairy and agricultural exports, it has also emerged as a thriving hub for healthcare and education. Backed by ongoing infrastructure investment, expanding industries and strong transport links located just over two hours north of Melbourne’s CBD, Greater Shepparton has built an enviable reputation for families, workers and investors alike.
After a period of slowing growth, the regional centre’s housing market is finding its feet again, moving from stability toward gentle growth, according to leading online property sites and market analysts.
Marking signs of sustainable improvement, house prices have steadied, sitting between $475,000 and $480,000. Some reports show a small decline of around 4–5 per cent, while others indicate modest growth. The market may not be booming, but indicators of recovery are clear. Houses are selling faster, now taking around 51–54 days on the market, and listings are tightening, often a sign of renewed competition among buyers.
With a median price of $377,000–$415,000, unit values have risen by 5–7 per cent over the past year, with many first-home buyers as well as investors turning to units as a more affordable and engaging option. Sales activity for both houses and units has advanced, reflecting renewed confidence in Shepparton’s property market.
Rental conditions are another bright spot. With yields above 5 per cent for both houses and units, investors are seeing healthy returns, supported by strong tenant demand and limited supply.
According to InvestorKit, Shepparton’s biggest strengths lie in its rental performance, affordability, and growing demand, while price growth remains in the early stages of recovery.
SOURCES: https://www.investorkit.com.au/
