Shepparton Property Market & Development Rates — May 2026 | Suburbtrends

Shepparton Property Market: Prices, Vacancy & Trends

As of May 2026, median house prices across the Shepparton SA4 range from $490,000 (Moira) to $575,000 (Campaspe). The stock-weighted rental vacancy rate is 2.3%, ranging from 0.0% in Campaspe to 3.3% in Shepparton. Top median house rent is $620/week in Kialla.

Source: Suburbtrends, 12-month rolling medians · Updated monthly
$575k
Campaspe median house
$574k
Shepparton median house
+19.6%
Top SA3 growth (Shepparton)
2.3%
SA4 vacancy (weighted)
$620/wk
Top house rent (Kialla)
1,173
Houses listed for sale

What is the median house price in the Shepparton?

Median house prices across the Shepparton's SA3 markets span $490,000 to $575,000, with Campaspe the most expensive market and Moira the most affordable.

SA3 house markets, Shepparton — 12 months to May 2026
SA3 marketMedian house12-mth changeMedian unitDays on market
Campaspe$575,000+11.0%$427,50072
Shepparton$574,000+19.6%$395,00057
Moira$490,000−3.0%$400,00095
Listings on market by SA3 — for sale and for rent, current month
SA3 marketHouses for saleHouses for rentUnits for saleUnits for rent
Moira439584118
Shepparton3721474745
Campaspe36214146

Listings counts are the current-month average of properties advertised for sale or rent. Unit stock can be thin in regional markets — some SA2 unit markets carry only a handful of active listings at any time.

SA2 median prices, houses and units — 12 months to May 2026
SA2 areaSA3House medianHouse 12-mthUnit median
Moira Moira$830,000
Shepparton Surrounds - East Shepparton$680,000
KiallaShepparton$675,000+3.8%
EchucaCampaspe$595,000+6.2%$442,000
Shepparton - NorthShepparton$590,000+14.6%$477,000
YarrawongaMoira$582,500+4.6%
KyabramCampaspe$532,500+7.6%
Shepparton Surrounds - WestShepparton$530,000+19.1%
Shepparton - South EastShepparton$522,500+16.1%$415,000
Rushworth Campaspe$515,000
RochesterCampaspe$497,000+8.0%
MooroopnaShepparton$485,000+18.6%$310,000
NumurkahMoira$475,000−13.6%
Lockington - Gunbower Campaspe$350,000
CobramMoira$350,000−9.1%

† Thin market: fewer than 40 sales in 12 months, or a distorted price mix — medians are volatile and 12-month changes are not reported. A dash indicates too few unit sales to report a reliable median.

Which Shepparton areas are growing fastest?

Among SA2 areas with robust sales volumes, the strongest 12-month house price growth to May 2026 was Shepparton Surrounds - West +19.1%, Mooroopna +18.6%, Shepparton - South East +16.1%, Shepparton - North +14.6%, Rochester +8.0%. The softest market was Numurkah (-13.6%).

What is the rental vacancy rate in the Shepparton?

The stock-weighted rental vacancy rate across the Shepparton SA4 is 2.3% as at May 2026. Conditions range from 0.0% in Campaspe to 3.3% in Shepparton — a critically tight market.

Rental vacancy by SA3, rolling 3-month rate — trailing 6 months
SA3 marketDec 25Jan 26Feb 26Mar 26Apr 26May 26Rental stock
Campaspe0.0%0.0%0.0%0.0%0.0%0.0%73
Moira4.1%2.6%1.9%0.0%0.0%0.0%142
Shepparton4.0%3.5%4.3%3.0%3.3%3.3%450

Suburbtrends Vacancy Index methodology: vacant rental listings as a share of total rental stock, rolling 3-month basis. SA4 weighted rate uses current rental stock weights.

What are the rents in the Shepparton?

Median house rents across the Shepparton run to $620/week in Kialla at the top of the region. Unit rents typically sit below houses; bedroom splits below show where stock supports a reading.

House rents by SA2 — weekly median and bedroom splits, 12 months to May 2026
SA2 areaMedian2-bed3-bed4-bed
Kialla$620$390$580$640
Echuca$600$420$560$670
Yarrawonga$560$450$520$575
Shepparton - North$520$420$500$600
Shepparton Surrounds - West$520$390$485$580
Mooroopna$500$420$490$590
Lockington - Gunbower$495$495$250
Shepparton - South East$495$400$480$560
Cobram$480$350$480$620
Kyabram$460$350$440$530
Rochester$450$360$430$525
Moira$450$370$450$550
Numurkah$450$360$450$470
Shepparton Surrounds - East$440$400$420$570
Rushworth$400$300$400$450
Unit rents by SA2 — weekly, where stock supports a reading, 12 months to May 2026
SA2 areaMedian2-bed3-bed
Kialla$520$500$530
Echuca$450$450$500
Shepparton - North$420$420$490
Shepparton - South East$420$410$480
Yarrawonga$400$390$480
Shepparton Surrounds - West$365$370$465
Kyabram$360$350$420
Cobram$360$350$430
Numurkah$350$340
Mooroopna$350$375$400
Rochester$320$340
Moira$230
Rushworth$220$270

Rents are median advertised asking rents over 12 months. Bedroom splits are reported where enough listings support a reading; a dash indicates too few. Unit rents are shown only for SA2s with sufficient rental stock.

For developers & lenders Suburbtrends is building Development Rates for the Shepparton — new-build sale, land and construction rates per sqm by SA2, with traced site purchases and MCG-prepared cost bands. Join the waitlist →

How this data is compiled

Suburbtrends compiles transaction, listings and rental records monthly across every SA2, SA3 and SA4 in Australia. Medians and percentiles are calculated on a 12-month rolling basis; vacancy follows the Suburbtrends Vacancy Index methodology (vacant rental listings as a share of total rental stock, rolling 3 months). Development Rates covers completed strata projects of 4–40 dwellings, with each project's site purchase traced through the title record to derive the land component. Thin markets are flagged and 12-month changes suppressed where sample sizes do not support them. Boundaries follow the ABS ASGS Edition 3. This page was last updated with data to May 2026, and is refreshed in the first week of every month.

Kent Lardner, Head of Research at Suburbtrends
Kent Lardner
Head of Research, Suburbtrends · 30+ years in property data analytics

Kent's research is regularly cited in the Australian Financial Review, news.com.au and industry media. He previously led data science teams at major property data firms and founded Suburbtrends to publish independent, suburb-level market research. Full profile and press citations →

© 2026 Suburbtrends · Independent Australian property research · Market data on this page may be cited with attribution to Suburbtrends and a link to this URL. Development Rates figures shown are headline regional rates; figures are estimates derived from transaction and title records and do not constitute financial advice.