The Shepparton median house price is $476,000 for the April to June 2025 quarter, reflecting a quarter-on-quarter rise of 6.5% and a year-on-year increase of 1.1%, according to DataVic/REIV data compiled via the Collings CRM brain. For buyers, sellers, and investors tracking Shepparton property, that figure is the most current, data-verified benchmark available.

What Is the Shepparton Median House Price Right Now?

Based on DataVic/REIV figures (via Collings CRM brain suburb rollup, April to June 2025 quarter), the key price benchmarks across Shepparton property types are:

• Houses: Median sale price $476,000 (QoQ: +6.5%, YoY: +1.1%)
• Land: Median sale price $273,000 (QoQ: -0.9%, YoY: +0.9%)
• Units: Median sale price $380,000 (QoQ: +3.8%, YoY: -19.1%)

The house segment is clearly the standout performer in the current cycle, with a 6.5% quarterly gain signalling renewed buyer demand. The unit market has seen a significant annual correction of 19.1%, which may reflect a shift in buyer preferences or a change in the mix of properties transacting over the period. Land values have held broadly steady, up 0.9% year-on-year.

The Collings CRM brain suburb rollup also records a current suburb median of $682,000 across all active listings, while live on-market data (Domain/REA, via Collings CRM brain) shows 6 properties currently listed with a median asking price of $653,000. The gap between the transacted median and the asking median is a useful signal: sellers in Shepparton are listing at a meaningful premium to recent sale prices, which underscores the importance of accurate, independent appraisal before committing to a price.

For context on how regional values compare to Melbourne’s inner suburbs, our guides on median house prices in Reservoir and median house prices in Preston provide a useful metropolitan benchmark.

What Do the Demographics and Market Numbers Tell Us About Shepparton?

Understanding who lives in Shepparton helps investors and owner-occupiers alike frame the numbers above. According to ABS Census 2021 data (via Collings CRM brain), Shepparton’s demographic profile looks like this:

• Population: 32,067
• Median age: 38.0 years
• Median household income: $1,285 per week
• Median rent: $270 per week

A median household income of $1,285 per week positions Shepparton as a genuinely affordable regional centre relative to Melbourne. With a median house price of $476,000, the price-to-income ratio remains accessible by Victorian standards, which is a core reason the suburb continues to attract first-home buyers and interstate investors looking for yield without the capital outlay of metropolitan markets.

A median rent of $270 per week on a $476,000 asset implies a gross rental yield of approximately 2.9% to 3.0% for houses, though individual property outcomes vary. Investors should seek current rental appraisal data specific to their target property type, as units and newer builds in tighter locations can achieve materially different yields.

What Is Driving Buyer Demand in Shepparton?

Several structural factors support continued interest in buying in Shepparton:

1. Affordability relative to Melbourne: At $476,000, the house median is a fraction of Melbourne’s metropolitan figures. Regional liveability, combined with remote and hybrid work flexibility, has sustained interstate and metro-to-regional migration.
2. Infrastructure investment: Ongoing upgrades to the Shepparton rail line and local hospital precinct have increased Shepparton’s appeal as a long-term residential destination.
3. A young-to-middle-aged population base: A median age of 38 means a high proportion of the population is in prime home-buying years, sustaining organic demand from within the community.
4. Low entry point for investors: Land at a median of $273,000 gives investors and developers options that are not available in metropolitan markets.

What Are the Key Considerations When Buying or Selling in Shepparton?

Whether you are buying in Shepparton, selling in Shepparton, or evaluating the suburb for an investment strategy, a few critical factors will shape your outcome.

For Sellers

The 6.5% quarterly rise in the house median is encouraging, but the unit market’s 19.1% annual decline is a reminder that property type and presentation matter enormously in Shepparton. With only 6 active listings in the CRM brain’s current suburb rollup, supply is tight, which generally favours sellers of well-presented homes. However, asking prices averaging $653,000 against a transacted median of $476,000 suggests that overpricing risk is real. An accurate, professionally delivered appraisal is essential before listing.

For Buyers

The gap between listed asking prices ($653,000 median) and recent sale prices ($476,000 median) means that buyers need to do their due diligence. Not all listed properties will transact at asking. Buyers who understand the local market, and who have access to off-market opportunities, can secure significantly better value. The current quarter’s price growth also signals that waiting carries its own cost: a 6.5% quarterly move on a $476,000 asset represents roughly $30,900 in value movement in a single quarter.

For Investors

Investing in Shepparton carries a different risk and return profile compared to inner-Melbourne suburbs. For comparison, our guides on median house prices in Northcote and median house prices in Brunswick illustrate how capital growth dynamics differ markedly between regional and inner-city markets. Shepparton offers relative affordability and yield potential, but investors should model rental income carefully given the $270 per week median rent figure from ABS Census 2021 data.

Key due diligence items for Shepparton investors include:

• Vacancy rates and rental demand in the specific street or precinct
• Property condition and any deferred maintenance risk
• Proximity to employment anchors (hospital, logistics, agribusiness)
• Flood zone or environmental overlays, which affect parts of the greater Shepparton area

How Can Collings Real Estate Help You With Shepparton Property?

Collings Real Estate brings together the data rigour of a metropolitan agency with an understanding of Victoria’s regional markets. Whether you are preparing for selling in Shepparton, researching before buying in Shepparton, or stress-testing an investment in Shepparton, the Collings team provides:

• Free property appraisals grounded in current transacted data, not optimistic listing medians
• Access to off-market and pre-market opportunities not visible on public portals
• Suburb-level reporting using the same CRM brain datasets that power this page
• End-to-end sales and property management services for both owner-occupiers and investors

If you are serious about transacting in Shepparton property in 2026, the best first step is a current, independent appraisal. Listing prices and buyer expectations are both moving quickly in this market, and having a verified price position before you act is the single most important advantage you can have.

Request a free property appraisal from the Collings team today, and get a data-backed price position for your Shepparton property.

Frequently Asked Questions About Shepparton Median House Prices

What is the current median house price in Shepparton?

The median house price in Shepparton is $476,000 for the April to June 2025 quarter, according to DataVic/REIV data via the Collings CRM brain. This represents a quarter-on-quarter increase of 6.5% and a year-on-year increase of 1.1%.

What is the median unit price in Shepparton?

The median unit price in Shepparton is $380,000 for the April to June 2025 quarter (DataVic/REIV via Collings CRM brain), reflecting a quarterly rise of 3.8% but a significant annual decline of 19.1%.

What is the median land price in Shepparton?

The median land price in Shepparton is $273,000 for the April to June 2025 quarter (DataVic/REIV via Collings CRM brain), down 0.9% quarter-on-quarter but up 0.9% year-on-year.

What is the median household income in Shepparton?

According to ABS Census 2021 data (via Collings CRM brain), the median household income in Shepparton is $1,285 per week, with a median weekly rent of $270.

How many properties are currently listed for sale in Shepparton?

As of the Collings CRM brain’s live listings snapshot (Domain/REA), there are currently 6 properties listed for sale in Shepparton, with a median asking price of $653,000.