Shepparton North VIC Property Investment
Strathbogie · 3631 · Score: 66/100 · Buy
Shepparton North Short-Term Rental (Airbnb) Market
Estimated revenue assumes year-round availability. Non-hosted short-stays are night-capped in some councils (e.g. 60 nights across most of Byron Shire, 180 in Ballina, Muswellbrook and parts of Greater Sydney) and levied in Victoria — the legal cap can cut achievable income well below this figure. Run STR Check for the rules on a specific address.
Shepparton North VIC Investment Brief
BUY — 4.5% gross yield on a $720,741 median.
THE MARKET
Shepparton North has compounded at 3.2%/yr over 5 years — a house that cost $615,716 in 2021 is worth $720,741 today. Properties are sitting on market for 95 days (buyers have negotiating room). At the same growth rate, today's median reaches $843,680 by 2031.
- Median house: $720,741 | Units: $684,047
- Gross yield: 4.5% | Net yield: 3.0%
- 5yr price CAGR: 3.2%/yr | 3yr forecast: 13.5%/yr
- Population: 2,048 | Owner-occupier rate: 83% | Affluence: High
- Supply pipeline: Moderate — Strong population growth likely attracting new development approvals
RENTAL SNAPSHOT
- Vacancy: 3.0% (stable) | Rental demand: Moderate
- Median weekly rent: $630/wk | Days on market: 95 (worsening)
- Tenant market — vacancy elevated, negotiate hard on rent.
SHORT-TERM RENTAL
- Median nightly rate: $402/night | Occupancy: 48%
- Estimated annual STR gross: ~$70,507/yr
- vs long-term rent: $32,760/yr (+115% STR premium — factor in higher management costs)
INFRASTRUCTURE & CATALYSTS
- No major confirmed infrastructure projects on record.
- Transport: Standard suburban transport access
BULL CASE
If Shepparton North maintains 5%+ annual growth and vacancy stays below 2.1%, median prices could reach $828,852 within 3 years with yields compressing slightly as capital values rise.
BEAR CASE
A market correction or interest rate shock could see prices in Shepparton North pull back 10-15% from $720,741, with vacancy rising to 5.0% and rental yields softening as tenants gain leverage.
KEY RISKS
- Distance from CBD may limit long-term capital growth potential
COMPARABLE MARKETS
- Rawson (VIC): $667,000 median, 1.7% yield, 0.0% 1yr growth
- Newborough (VIC): $506,000 median, 4.8% yield, 7.9% 1yr growth
- Undera (VIC): $667,000 median, 1.9% yield, 7.5% 1yr growth
THE PLAY
Shepparton North presents a compelling investment opportunity. The combination of solid fundamentals and moderate rental demand supports entry at current price levels. Proceed with due diligence on specific properties. Target gross yields above 4.5% and prioritise properties with value-add potential. Consider timing entry around the current cooling phase of the market cycle.
- Entry range: $648,667 – $792,815
- Minimum gross yield to target: 4.8%
- Watch signal: vacancy dropping below 2% and days on market falling below 35
This analysis is for informational purposes only and does not constitute financial, legal, or investment advice. Seek professional advice before making investment decisions.
Gentrification Index
Growth Forecast
low confidenceBasis: 5yr CAGR 3.2% + 10yr CAGR 3.8%
- +Strong population growth (4.7%/yr) driving demand
- −Slow market (95 days avg) — buyer hesitancy
- −High supply pipeline (475 new approvals) — may cap price growth
Suburb Metric Thresholds
Macro Environment
Macro Indicators
Cash Rate
4.35%
▲ 0.25%Cash rate as at 2026-05-06 · Credit data 2026-06
Suburb Supply & Demand
Suburb Supply Pipeline — New Dwelling Approvals
55
2020
85
2021
138
2022
108
2023
89
2025
New dwelling approvals — higher numbers mean more future supply
Socio-Economic Profile
Source: ABS Census 2021SEIFA Index · Postcode 3631
Decile 8 of 10 — Low disadvantage
Population
14,605
Education (IEO)
6/10
Econ. Resources (IER)
9/10
10-Year Investment Projection
Modelled on Shepparton North VIC data — rent, capital growth, tax, and depreciation over 10 years.
Pre-filled: $630/wk median rent for Shepparton North. Capital growth and rent increase are editable assumptions.
Schools
In your catchment
These are the government-school zones containing this suburb centroid. Specific addresses within the suburb may fall in different catchments — confirm with the school directly.
Nearby Suburbs
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Analyse a Property →Data sourced from ABS, state government property sales, and Airbnb market analytics. For informational purposes only — not financial advice.