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Shepparton vs Parkville — which is best for growth?

Same eight metrics, scored against the same benchmark, ranked against a $600kbudget. Look for where one suburb is materially ahead — that's the dimension that should sway your call.

  1. Shepparton

    VIC · 3630
    53Average
    Median
    $480k
    5y growth
    11.2%/yr
    GrowthStable entry point

  2. Parkville

    VIC · 3052
    44Below trend
    Median
    $568k
    5y growth
    1.7%/yr
    YieldStable but fully priced

Metric breakdown

Each row scores 0–100 against a fixed benchmark. The leader on each row is highlighted.

Metric · weight
Shepparton
Parkville
Capital growth (5y)
weight 22%
10011.2%/yr
171.7%/yr
Rental yield
weight 13%
592.9%
733.6%
Rental demand
weight 10%
402.4%
402.4%
Population growth
weight 12%
787.8%
787.8%
Income growth
weight 12%
5213.0%
5213.0%
Construction pipeline
weight 15%
0–
60$3.0bn
Affordability
weight 8%
2020% under cap
55% under cap
Supply tightening
weight 8%
25+5.0% YoY
25+5.0% YoY

Winner per dimension

Where each suburb leads the field, with the count of dimensions won.

  1. Shepparton

    2/8
    • Capital growth (5y)
    • Affordability

  2. Parkville

    2/8
    • Rental yield
    • Construction pipeline

Why Shepparton

Stable entry point

11.2%/yr capital growth, population +7.8% (5y).

Drivers
  • Capital growth11.2%/yr
  • Population growth+7.8% (5y)
Risks
  • No major construction project in this state

Construction ·North East Link — Bulleen156.9 kmConstruction · 2028

Why Parkville

Stable but fully priced

population +7.8% (5y), 3.6% gross yield.

Drivers
  • Population growth+7.8% (5y)
  • Rental yield3.6%
Risks
  • At top of budget (95% of cap)
  • Modest 5y growth (1.7%/yr)

Construction ·Metro Tunnel — Parkville Station0.9 kmRecently completed · 2025