Shepparton Market Update 0407 057 036 2 nd H a l f 2 0 2 5 Matthew.Chilcott@prd.com.au
FUTURE DEVELOPMENTS
OVERVIEW
In Q3 2025, Shepparton* recorded a median house price of $530,000 and a median unit price of $395,000. This represents an annual (Q3 2024 – Q3 2025) price growth of 10.4% for houses and 9.7% for units. Comparing Q3 2024 and Q3 2025, sales increased by 11.5% for houses (to 223 sales in Q3 2025) and doubled for units (to 52 sales in Q3 2025). Property is highly demanded in Shepparton*, with a shift in buyer preference towards units; due to its affordability (compared to house prices) and more stock available. Current market conditions suggest now is an opportune time for owners of both property types to capitalize on their investments.
CHANGE FROM LAST
YEAR
Shepparton* will see approximately $1.3B of new projects commencing construction in 2025. Residential $83.3M Mixed-Use
HALF YEAR
$112.5M
HOUSE SALE S HOUSE ME DIAN PRICE
Infrastructure $1.0B
HOUSE RE NTAL PRICE
UNIT SALE S
A key infrastructure project in 2025 is Goulburn Valley Highway Shepparton Bypass ($1.0B), a State Government initiative that improves liveability and transport connectivity for residents.
UNIT ME DIAN PRICE UNIT RE NTAL PRICE
There are several residential projects planned for 2025, including :
$ MARKET CONDITIONS MEDIAN PRICE Q3 2025
$530K
$395K
MEDIAN PRICE Q3 2025
$500
SALES
AVERAGE DAYS ON MARKET Q3 2025
70
67
HOUSE
U N I T
RENTALS
$395
•
Goldfields Housing Estate (450 Lots)
•
155 Swallow Street (12 Townhouses)
•
Kialla Lakes Residential Subdivision Stage 45 (36 Lots)
•
43 & 45 Kilpatrick Avenue (6 Units)
Although there are several projects in the pipeline, most are land lots. These will take time to develop homes. The number of ready-to –sell stock in 2025 is small, thus in the short-term demand will exceed supply, driving prices up.
AVERAGE DAYS ON MARKET Q3 2025
22
26
HOUSE
U N I T
25 Units/ Apartments
30 Townhouses
12 Dwellings
1,459 Lots