Shepparton - North

Population growth drivers in Shepparton - North are strong compared to national averages based on AreaSearch's ranking of recent, and medium to long-term trends

Shepparton - North's population was around 20,759 as of Feb 2026. This figure reflects an increase of 831 people since the 2021 Census, which reported a population of 19,928. The change is inferred from the estimated resident population of 20,309 in June 2024 and an additional 680 validated new addresses since the Census date. This results in a density ratio of 316 persons per square kilometer. Shepparton - North's growth rate of 4.2% since the 2021 census exceeded the SA4 region's rate of 3.7%. The population growth was primarily driven by overseas migration, contributing approximately 80.7% 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 VIC State Government's Regional/LGA projections released in 2023, adjusting with 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. By 2041, the area is expected to increase by 11,711 persons based on the latest annual ERP population numbers, reflecting a gain of 54.2% over the 17-year period.

AreaSearch assessment of residential approval activity sees Shepparton - North among the top 30% of areas assessed nationwide

Shepparton - North averaged approximately 133 new dwelling approvals annually over the past five financial years from FY21 to FY25, with a total of 669 homes approved during this period and an additional 95 approved so far in FY26. On average, 0.6 new residents per year were associated with each dwelling constructed between FY21 and FY25. This suggests that the supply of new dwellings has been keeping pace with or exceeding demand, providing ample buyer choice and creating capacity for population growth beyond current forecasts.

The average construction value of these new homes was $321,000. In the current financial year, commercial development approvals totaling $186.8 million have been recorded, indicating strong local business investment. Compared to other regions in Victoria, Shepparton - North has similar levels of development per capita, contributing to market stability that aligns with regional patterns.

The new development in the area consists of 78% standalone homes and 22% medium and high-density housing, preserving its low-density nature while attracting space-seeking buyers. With around 169 people per dwelling approval, Shepparton - North exhibits characteristics of a low-density area. According to the latest AreaSearch quarterly estimate, the population is projected to grow by 11,259 residents by 2041. If current development rates continue, housing supply may not keep pace with population growth, potentially increasing competition among buyers and supporting stronger price growth in the future.

Shepparton - North has moderate levels of nearby infrastructure activity, ranking in the 40thth percentile nationally

Changes to local infrastructure significantly influence an area's performance. AreaSearch identified 17 projects that may impact the area. Key projects include Shepparton Sports & Events Centre Redevelopment, GV Health Staff Accommodation Development, The North Quarter Estate, and Goulburn Valley Integrated Cancer Centre. The following list details those most relevant.

Professional plan users can use the search below to filter and access additional projects.

Denotes AI-based impression for illustrative purposes only, not to be taken as definitive under any circumstances. Please follow links and conduct other investigations from the project's source for actual imagery. Developers and project owners wishing us to use original imagery please Contact Us and we will do so.

While Shepparton - North retains a healthy unemployment rate of 3.4%, recent employment declines have impacted its national performance ranking

Shepparton - North has a skilled workforce with essential services sectors well represented. As of September 2025, the unemployment rate is 3.4%. In this month, 9,963 residents are in work while the unemployment rate is 0.3% lower than Rest of Vic.'s rate of 3.8%.

Workforce participation is similar to Rest of Vic.'s 61.4%. According to Census responses, 9.4% of residents work from home. Employment among residents is concentrated in health care & social assistance, education & training, and retail trade. The area shows strong specialization in health care & social assistance with an employment share 1.4 times the regional level.

Conversely, agriculture, forestry & fishing has lower representation at 4.2% versus the regional average of 7.5%. The ratio of 0.7 workers per resident indicates a high level of local employment opportunities. Between September 2024 and September 2025, the labour force decreased by 10.5% while employment declined by 12.0%, causing the unemployment rate to rise by 1.7 percentage points. This compares to Rest of Vic., where employment fell by 0.7%. National employment forecasts from Jobs and Skills Australia (May-25) suggest that over five years, national employment should expand by 6.6% and over ten years by 13.7%. Applying these projections to Shepparton - North's employment mix suggests local employment should increase by 6.7% over five years and 14.1% over ten years.

Income levels sit below national averages according to AreaSearch assessment

The latest postcode level ATO data released for financial year 2023 shows Shepparton - North SA2 has a median income among taxpayers of $48,587 and an average of $58,485. This is lower than the national average. Rest of Vic., on the other hand, has a median income of $50,954 and an average of $62,728. Based on Wage Price Index growth of 8.25% since financial year 2023, the estimated median income for Shepparton - North SA2 as of September 2025 is approximately $52,595, and the average is around $63,310. According to the 2021 Census, household, family, and personal incomes in Shepparton - North rank modestly, between the 38th and 45th percentiles. The earnings profile indicates that 33.7% of locals (6,995 people) earn within the $1,500 - 2,999 range, which is similar to metropolitan regions where 30.3% fall into this category. Housing costs are manageable with 87.1% retained, but disposable income ranks below average at the 43rd percentile. The area's SEIFA income ranking places it in the 4th decile.

Shepparton - North is characterized by a predominantly suburban housing profile, with a higher proportion of rental properties than the broader region

Shepparton - North's dwelling structure, as per the latest Census, comprised 85.6% houses and 14.3% other dwellings. In comparison, Non-Metro Vic.'s dwelling structure was 90.1% houses and 9.9% other dwellings. Home ownership in Shepparton - North stood at 31.4%, with the rest being mortgaged (33.0%) or rented (35.6%). The median monthly mortgage repayment was $1,369, lower than Non-Metro Vic.'s average of $1,430. The median weekly rent figure in Shepparton - North was $270, compared to Non-Metro Vic.'s $285. Nationally, Shepparton - North's mortgage repayments were significantly lower than the Australian average of $1,863, while rents were substantially below the national figure of $375.

Shepparton - North has a typical household mix, with a higher-than-average median household size

Family households constitute 67.7% of all households, including 29.6% couples with children, 24.8% couples without children, and 12.3% single parent families. Non-family households account for the remaining 32.3%, with lone person households at 28.9% and group households comprising 3.4% of the total. The median household size is 2.5 people, which is larger than the Rest of Vic. average of 2.4.

Educational attainment in Shepparton - North aligns closely with national averages, showing typical qualification patterns and performance metrics

Shepparton's educational qualifications lag behind the North Trail region with 23.8% of residents aged 15+ holding university degrees compared to Victoria's 33.4%. Bachelor degrees are most common at 15.3%, followed by postgraduate qualifications (5.2%) and graduate diplomas (3.3%). Vocational credentials are prominent, with 34.1% of residents aged 15+ holding them, including advanced diplomas (10.7%) and certificates (23.4%). Educational participation is high at 31.2%, comprising primary education (10.8%), secondary education (9.4%), and tertiary education (3.5%).

Educational participation is notably high, with 31.2% of residents currently enrolled in formal education. This includes 10.8% in primary education, 9.4% in secondary education, and 3.5% pursuing tertiary education.

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

Shepparton - North has 159 active public transport stops serviced by 10 routes providing 515 weekly passenger trips. The average distance to the nearest stop is 248 meters. Most residents commute outward and primarily use cars (92%), with 5% walking. Vehicle ownership averages 1.4 per dwelling. According to the 2021 Census, 9.4% of residents work from home, which may reflect COVID-19 conditions. The service frequency averages 73 trips per day across all routes, equating to approximately 3 weekly trips per stop.

A map accompanies this data showing the 100 nearest stops to the location centrepoint.

Health performance in Shepparton - North is well below average with prevalence of common health conditions notable across both younger and older age cohorts

Health data indicates significant health challenges for Shepparton - North. Mortality rates and chronic condition prevalence are notably high across both younger and older age groups. Private health cover is low at approximately 48% of the total population (~10,005 people), compared to 50.5% in Rest of Vic., and the national average of 55.7%.

The most prevalent medical conditions are arthritis (9.4%) and mental health issues (9.1%). 65.7% of residents report being completely clear of medical ailments, compared to 63.4% in Rest of Vic.. Working-age residents have an above-average prevalence of chronic health conditions. The area has 16.9% of residents aged 65 and over (3,514 people), lower than the 23.9% in Rest of Vic.. Health outcomes among seniors present some challenges, with national rankings broadly in line with the general population.

The level of cultural diversity witnessed in Shepparton - North was found to be slightly above average when compared nationally for a number of language and cultural background related metrics

Shepparton-North, as per the data from the 2016 Census, exhibited above-average cultural diversity with 20.3% of its population born overseas and 20.6% speaking a language other than English at home. Christianity was the predominant religion in Shepparton-North, comprising 51.6% of its residents. Notably, the 'Other' religious category was overrepresented compared to the rest of Victoria, making up 2.8% versus 0.8%.

In terms of ancestry, the top three groups were English (26.4%), Australian (25.1%), and Other (10.3%), which was significantly higher than the regional average of 4.7%. Some ethnic groups showed notable differences in representation: Italian at 5.5% versus 2.9%, Macedonian at 0.4% versus 0.2%, and Samoan at 0.4% versus 0.1%.

Shepparton - North's population is slightly younger than the national pattern

The median age in Shepparton-North as of 2021 was 37 years, which is lower than the Rest of Victoria's average of 43 and close to the national average of 38. The age profile showed that individuals aged 25-34 were particularly prominent at 15.6%, while those aged 65-74 constituted a smaller proportion at 9.3% compared to Rest of Victoria. Between 2021 and the present, the population of individuals aged 25-34 has increased from 13.6% to 15.6%, while those aged 35-44 have risen from 12.4% to 14.0%. Conversely, the proportion of individuals aged 45-54 has declined from 12.2% to 10.7%, and those aged 55-64 have dropped from 12.2% to 10.9%. Looking ahead to 2041, demographic projections indicate significant shifts in Shepparton-North's age structure, with the 25-34 age cohort projected to rise substantially by 80%, from 3,232 to 5,814 individuals.