ABS 2021 Census · Updated 31 March 2026
Shepparton is a regional centre in Victoria, Australia, with a population of approximately 32,067, making it a sizeable community. Located approximately 165 km from the Melbourne CBD, Shepparton is a regional area in Victoria. The median household income is $66,820 AUD per year (ABS 2021 Census).
Shepparton's income profile suggests a value-oriented market with competitive purchase prices. Distance from major centres is a consideration, though regional markets can offer higher rental yields.
Map shows Shepparton, Victoria, Australia.
Official Australia Post postcode for Shepparton. A postcode may cover multiple suburbs.
Australia Post Postcode Finder →Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.
ABS Census Data →Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.
State Rental Authority →Annual median household income (before tax) for all households. Source: ABS 2021 Census.
ABS Census Data →Straight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.
Estimated 8 schools within or near this suburb based on ABS 2021 data.
Find schools near Shepparton on My School →Estimated 13 parks and green spaces near this suburb. Source: ABS 2021 data.
Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.
ABS Census Data →Proportion of separate houses vs units, townhouses, and other dwelling types. Source: ABS 2021 Census. Relevant for investors assessing rental demand mix.
ABS Census Data →As a regional centre, Shepparton serves a wide catchment area. Regional property can offer higher rental yields than metro equivalents, though investors should assess local employment diversity and infrastructure plans. The median rent of $270/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $1,249/month. 78% of dwellings are separate houses, indicating a predominantly family-oriented, land-rich market.
A buy-and-hold approach in Shepparton could work well with careful property selection and a longer time horizon.
Achieving strong cash flow in Shepparton is challenging at current rent-to-price ratios.
The resale market in Shepparton may not support quick-turnaround renovation projects.
Run the numbers on a Shepparton property
Scenario comparison, cash flow analysis, tax modelling, and PDF export — all in one place.
Create free account →Shepparton faces a cautious growth outlook for 2026 — investors should focus on yield rather than short-term gains. The rental market in Shepparton should see steady occupancy, with moderate upward pressure on rents. Investor sentiment toward Shepparton is currently lukewarm — value hunters may find opportunity here.
Shepparton is a regional area in Victoria with a population of 32,067. The median rent is $270/week and the median household income is $66,820/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.
Key demand drivers in Shepparton include regional employment hubs, lifestyle, and affordability. 78% of dwellings are separate houses. The area has approximately 8 schools and 13 parks nearby.
According to the ABS 2021 Census, Shepparton has a population of approximately 32,067. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.
Shepparton is approximately 165 km straight-line distance from the Melbourne CBD (calculated from ABS 2021 suburb centroid coordinates). As a regional or remote location, travel to the capital is significant — local amenities and employment are important investment considerations.