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This suburb is located a distance from Melbourne and rests on the floodplains of the Goulburn River. Shepparton's population was last counted at approximately twenty-seven thousand residents although if we include the adjacent Mooroopna region, this figure rises to nearly thirty-nine thousand. Shepparton can trace its roots back to when it was originally a simple river crossing. As time progressed, it was a sheep station and subsequently a railway town that served surrounding areas and transit to Melbourne which is located over one hundred kilometres away. It is now a major agricultural hub for all of Victoria as well as an important irrigation centre that serves much of the surrounding region.

Thanks to its importance as a railway station, Shepparton boasts much of the same Victorian architecture that is to be found throughout much of Victoria and Melbourne. When rail travel experienced a massive boom at the turn of the 20th century, Shepparton became one of the most important transit hubs in Victoria. It was finally classified as a town in 1949 and since then it has experienced considerable growth. This can be seen in retail centres including Maude Street Mall and Wyndham Street. Commercial and retail industries have grown in recent times although Shepparton is still widely considered to be an agriculturally-based economy.

The agricultural nature of Shepparton has allowed it to thrive even during protracted recessions and its role in civic services continues to attract professionals from differing parts of Victoria and indeed Australia as a whole. Therefore, real estate here is quite a robust industry. While its distance from Melbourne may preclude it from being sought after from those living in the city, Shepparton continues to play an important industrial role. Thus, large tracts of land as well as urban development are the two areas of interest from a realtor's perspective.
Average price in Shepparton
Average price per  m2  $735
Average price per  m2  $0.64
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