Shepparton North

Shepparton North lies within the top 10% of areas nationally in terms of population growth performance according to AreaSearch analysis of short and medium-term trends

Based on analysis of Australian Bureau of Statistics (ABS) population updates for Shepparton North, its estimated population is around 2,218 as of November 2025. This reflects an increase of 170 people since the 2021 Census, which reported a population of 2,048 people. The change was inferred from the resident population of 2,167 estimated by AreaSearch following examination of the latest Education and Workplace Relations Population (ERP) data release by the ABS in June 2024, along with an additional 151 validated new addresses since the Census date. This level of population equates to a density ratio of 98 persons per square kilometer. Shepparton North's growth rate of 8.3% since the 2021 census exceeded the SA4 region's growth rate of 3.5%. Population growth in the suburb was primarily driven by overseas migration, contributing approximately 81.0% of overall population gains during recent periods.

AreaSearch is adopting ABS/Geoscience Australia projections for each SA2 area, released in 2024 with a base year of 2022. For areas not covered by this data, AreaSearch utilises the Victorian State Government's Regional/LGA projections released in 2023, adjusting them using a method of weighted aggregation of population growth from LGA to SA2 levels. Growth rates by age group are applied across all areas for years 2032 to 2041. According to these projections, Shepparton North is expected to experience exceptional growth, placing it in the top 10 percent of regional areas nationally over the period. By 2041, the suburb's population is projected to expand by 1,356 persons, reflecting an increase of 55.6% in total over the 17 years.

AreaSearch analysis of residential development drivers sees Shepparton North recording a relatively average level of approval activity when compared to local markets analysed countrywide

AreaSearch analysis of ABS building approval numbers in Shepparton North shows approximately 26 residential properties granted approval each year since FY-21. This totals an estimated 130 homes over the past five financial years. As of FY-26, 14 approvals have been recorded. On average, 0.1 people move to the area per dwelling built annually between FY-21 and FY-25.

New construction is meeting or exceeding demand, providing buyers with more options and potentially increasing population growth beyond current expectations. The average expected construction cost value for new properties is $507,000. In this financial year, $35.4 million in commercial approvals have been registered, indicating strong local business investment. Compared to the rest of Victoria, Shepparton North has 84.0% more development activity per person. This level is significantly higher than the national average, suggesting robust developer interest in the area. New building activity comprises 78.0% standalone homes and 22.0% medium and high-density housing, maintaining the area's traditional low density character while appealing to families seeking space.

This shift from the current 97.0% houses indicates decreasing availability of developable sites and reflects changing lifestyles requiring more diverse housing options. With around 74 people per dwelling approval, Shepparton North exhibits characteristics of a growth area. Future projections estimate that Shepparton North will add approximately 1,233 residents by 2041. Construction is maintaining pace with projected growth; however, buyers may face increasing competition as population increases.

Shepparton North has strong levels of nearby infrastructure activity, ranking in the top 40% nationally

Changes to local infrastructure significantly impact an area's performance. AreaSearch identified three projects likely affecting the area: The North Quarter Estate, Sheppardon North Activity Centre Structure Plan, Goulburn Valley Highway Sheppardon Bypass - Stage 1, and Sheppardon and Mooroopna 2050 Regional City Growth Plan.

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The exceptional employment performance in Shepparton North places it among Australia's strongest labour markets

Shepparton North has an educated workforce with prominent representation in essential services sectors. Its unemployment rate is 0.7%, as per AreaSearch's statistical area data aggregation (June 2025).

The employment rate is 3.1% below Rest of Vic.'s rate of 3.8%. Workforce participation stands at 72.8%, surpassing Rest of Vic.'s 57.4%. Key industries for residents are health care & social assistance, retail trade, and construction. Shepparton North specializes in health care & social assistance, with an employment share 1.7 times the regional level.

Conversely, agriculture, forestry & fishing is under-represented at 3.5% compared to Rest of Vic.'s 7.5%. The area hosts more jobs than residents, with a worker-to-resident ratio of 3.6:1 (Census data). Between June 2024 and June 2025, the labour force decreased by 13.9% while employment declined by 14.0%, maintaining a stable unemployment rate. In contrast, Rest of Vic. saw an employment decline of 0.9% and labour force decline of 0.4%, with a 0.4 percentage point rise in unemployment. Jobs and Skills Australia's national employment forecasts (Sep-22) project national employment growth of 6.6% over five years and 13.7% over ten years. Applying these projections to Shepparton North's employment mix suggests local employment should increase by 7.0% over five years and 14.9% over ten years, though this is a simple extrapolation for illustrative purposes only.

Income metrics indicate excellent economic conditions, with the area achieving higher performance than 75% of national locations assessed by AreaSearch

According to AreaSearch's aggregation of latest postcode level ATO data released for financial year 2022, Shepparton North had a median income among taxpayers of $56,740 and an average level standing at $69,317. This is higher than the national average and compares to levels of $48,741 and $60,693 across Rest of Vic., respectively. Based on Wage Price Index growth of 12.16% since financial year 2022, current estimates would be approximately $63,640 (median) and $77,746 (average) as of September 2025. According to 2021 Census figures, household, family and personal incomes all rank highly in Shepparton North, between the 74th and 83rd percentiles nationally. The predominant income cohort spans 43.3% of locals (960 people) with weekly earnings between $1,500 - 2,999, consistent with broader metropolitan trends showing 30.3% in the same category. Higher earners represent a substantial presence with 30.5% exceeding $3,000 weekly. Housing accounts for 14.1% of income while strong earnings rank residents within the 85th percentile for disposable income. The area's SEIFA income ranking places it in the 6th decile.

Shepparton North is characterized by a predominantly suburban housing profile, with ownership patterns similar to the broader region

Shepparton North's dwellings, as per the latest Census, were 97.2% houses and 2.8% other dwellings. Non-Metro Vic., in comparison, had 88.5% houses and 11.5% other dwellings. Home ownership in Shepparton North was 16.5%, with mortgages at 62.2% and rentals at 21.3%. The median monthly mortgage repayment was $1,733, higher than Non-Metro Vic.'s average of $1,300. Median weekly rent in Shepparton North was $360, compared to Non-Metro Vic.'s $260. Nationally, Shepparton North's mortgage repayments were lower at $1,733 than the Australian average of $1,863, and rents were less at $360 than the national figure of $375.

Shepparton North features high concentrations of family households, with a higher-than-average median household size

Family households account for 85.4% of all households, including 60.5% couples with children, 15.8% couples without children, and 8.9% single parent families. Non-family households constitute the remaining 14.6%, with lone person households at 10.4% and group households comprising 3.5%. The median household size is 3.5 people, larger than the Rest of Vic. average of 2.5.

Educational achievement in Shepparton North places it within the top 10% nationally, reflecting strong academic performance and high qualification levels across the community

Shepparton North has a notably high level of educational attainment among its residents aged 15 and above. 30.1% hold university qualifications, surpassing both the SA4 region's 16.2% and the SA3 area's 18.5%. The most common university qualifications are bachelor degrees (19.0%), followed by postgraduate qualifications (7.7%) and graduate diplomas (3.4%). Vocational credentials are also prevalent, with 32.1% of residents holding such qualifications, including advanced diplomas (10.7%) and certificates (21.4%).

Educational participation is high, at 40.7%, comprising primary education (17.1%), secondary education (11.7%), and tertiary education (3.9%). The area's four schools have a combined enrollment of 1,195 students. Shepparton North's ICSEA score is 1104, indicating significant socio-educational advantages and academic achievement. The educational mix includes one primary school, one secondary school, and two K-12 schools. The area serves as an education hub with a high ratio of school places to residents, at 53.9 per 100, significantly above the regional average of 15.9. This attracts students from surrounding communities. Note: for schools showing 'n/a' in enrolments, please refer to their parent campus.

Transport servicing is low compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility

Transport analysis shows four active transport stops operating in Shepparton North, serving a mix of bus routes. These stops are serviced by one individual route, collectively providing 110 weekly passenger trips. Transport accessibility is rated as limited, with residents typically located 632 meters from the nearest transport stop.

Service frequency averages 15 trips per day across all routes, equating to approximately 27 weekly trips per individual stop.

Shepparton North's residents boast exceedingly positive health performance metrics with younger cohorts in particular seeing very low prevalence of common health conditions

Shepparton North demonstrates excellent health outcomes, particularly among younger cohorts who have a very low prevalence of common health conditions. Approximately 54% (~1,202 people) of the total population has private health cover, compared to 48.4% across the rest of Victoria.

The most prevalent medical conditions are asthma and mental health issues, affecting 7.5 and 6.2% of residents respectively. 77.7% of residents report being completely clear of medical ailments, compared to 64.8% in the rest of Victoria. Shepparton North has a lower proportion of seniors aged 65 and over at 6.5% (144 people), compared to 18.9% in the rest of Victoria. Health outcomes among seniors require more attention than the broader population.

Shepparton North was found to be more culturally diverse than the vast majority of local markets in Australia, upon assessment of a range of language and cultural background related metrics

Shepparton North had a higher cultural diversity than most local areas, with 28.7% of its population born overseas and 34.7% speaking a language other than English at home. Christianity was the predominant religion in Shepparton North, comprising 50.2% of the population. The 'Other' religious category was notably higher at 7.8%, compared to the Rest of Vic average of 2.7%. In terms of ancestry, Australian was the largest group at 24.7%, followed by English at 20.0%, which was lower than the regional average of 27.1%.

The 'Other' ancestry category made up 14.2% of the population. Some ethnic groups were notably overrepresented: Indian at 10.9% (regional average 2.0%), Macedonian at 0.9% (regional average 0.4%), and Sri Lankan at 0.7% (regional average 0.1%).

Shepparton North hosts a very young demographic, ranking in the bottom 10% of areas nationwide

Shepparton North has a median age of 31, which is younger than the Rest of Vic.'s figure of 43 and Australia's median age of 38 years. The 5-14 age group is strongly represented at 21.3%, compared to the Rest of Vic., while the 65-74 cohort is less prevalent at 4.2%. This 5-14 concentration is higher than the national average of 12.2%. Between 2021 and present, the 35 to 44 age group has increased from 18.0% to 19.2% of the population. Conversely, the 45 to 54 cohort has decreased from 12.4% to 11.0%. Looking ahead to 2041, demographic projections indicate significant shifts in Shepparton North's age structure, with the 35 to 44 group expected to grow by 75%, reaching 747 people from its current total of 425.