Mortgage Broker Shepparton
Mortgage Broker Shepparton | Home Loans
Shepparton is a city located on the floodplain of the Goulburn River in northern Victoria, Australia, approximately 181 kilometres north-northeast of Melbourne. It began as a sheep station and river crossing in the mid-19th century, before undergoing a major transformation as a railway town. Today it is an agricultural and manufacturing centre, and the centre of the Goulburn Valley irrigation system, one of the largest centres of irrigation in Australia.
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The Median house sale price range is $445,000 with a 58% increase in the last 4 years (March 2020-March 2024), the corresponding previous 4 years showed a 11% rise.
A steady increase in median property prices over a five-year period in the suburb translates to a 35.76% capital gain.
Investors saw the median home price rise to $448,000 with the median unit price in SHEPPARTON sitting at $350,000, and the average rent at $350, property owners could potentially earn a 5.2% increase in gross rental yield.
On the other hand, based on current median home prices for the suburb, real estate investors could earn a rental income of $430.
*As at 24/7/2024 (Data sourced from Realestate.com.au/Core Logic & Smart Property Investment)
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Contact Wayne Smith and the team at Mortgage Choice on 02 6056 4433 or email wayne.smith@mortgagechoice.com.au
The right home loan for your needs
Our mission is to find the right home loan for your individual needs and to always have your best interests at heart. Plain and simple. Which is why we have such a wide range of lenders to choose from. We can search through hundreds of products to find something tailored to your situation. ~