Strathbogie · 3631
Shepparton North, VIC
16.8%/yr capital growth, population +7.8% (5y).
NextSuburb scoreTier D
35Below trend
Median house
$855k
5y growth
16.8%/yr
Gross yield
2.2%
Vacancy
2.4%
Thin market · ~2k residentsLow confidence
Thin marketSmall sample sizes (~16 sales/yr) can distort medians. Treat the score with caution and weight the eight-signal breakdown over the headline number.
Eight-signal breakdown
Each signal scored 0–100 against the national distribution. Bars reflect how this suburb sits across the index.
- Capital growth (5y)16.8%/yr100/100
- Population growth+7.8% (5y)78/100
- Supply tightening+5.0% YoY25/100
- Rental yield2.2%44/100
- Rental demand2.4% vacancy40/100
- Income growth+13.0% (5y)52/100
- Construction pipelineno nearby pipeline0/100
- Affordability43% under cap43/100
Why this score
Shepparton North scores 35/100 (Below trend). The two strongest signals: 16.8%/yr capital growth over five years and 7.8% population growth over five years. The standout watch-out: population of 2,048 makes the market illiquid.
Drivers
- Capital growth16.8%/yr
- Population growth+7.8% (5y)
Risks
- Only 2,048 residents — illiquid, slow to sell
- Thin gross yield (2.2%)
Nearest infrastructure
North East Link — Bulleen162.8 km away
Construction · $16.5bn · completion 2028
Construction-stage projects within 10 km lift the suburb’s infrastructure score; projects more than 25 km away barely move it.
Comparable suburbs
Three VIC suburbs in the same budget band with the closest NextSuburb scores.
See the full VIC ranking60-month score history
Backfilled — live history begins May 2026Watch this suburb
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