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Sales Activity
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Population
Shepparton - North lies within the top quartile of areas nationally for population growth performance according to AreaSearch analysis of recent, and medium to long-term trends
Shepparton - North's population is around 20,913 as of Nov 2025. This reflects an increase of 985 people since the 2021 Census, which reported a population of 19,928 people. The change is inferred from the estimated resident population of 20,331 from the ABS as of June 2024 and an additional 632 validated new addresses since the Census date. This level of population equates to a density ratio of 318 persons per square kilometer. Shepparton - North's growth rate of 4.9% since the 2021 census exceeded the SA4 region (3.5%) and the SA3 area, marking it as a growth leader in the region. 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 2022 as the base year. For areas not covered, AreaSearch utilises VIC State Government's Regional/LGA projections released in 2023, adjusting with a method of weighted aggregation from LGA to SA2 levels. Growth rates by age group are applied across all areas for years 2032 to 2041. Exceptional growth is predicted over the period, placing Shepparton - North in the top 10 percent of Australia's regional areas. The area is expected to increase by 11,711 persons to 2041 based on latest population numbers, recording a gain of 53.1% in total over the 17 years.
Frequently Asked Questions - Population
Development
AreaSearch assessment of residential approval activity sees Shepparton - North among the top 30% of areas assessed nationwide
Shepparton - North has averaged approximately 133 new dwelling approvals annually. Over the past five financial years, from FY-21 to FY-25, a total of 669 homes were approved, with an additional 73 approved so far in FY-26. On average, this area sees about 0.6 new residents per year for each dwelling constructed over these five years.
This suggests that the supply of new dwellings is keeping pace with or exceeding demand, providing ample buyer choice and creating capacity for population growth beyond current forecasts. The average construction cost value of new homes being built in Shepparton - North is $321,000. This financial year has seen $186.8 million in commercial development approvals recorded, indicating robust local business investment.
Compared to the rest of Victoria, Shepparton - North has similar levels of development per person, supporting market stability in line with regional patterns. The new development consists of 78.0% standalone homes and 22.0% medium and high-density housing, preserving the area's low density nature while still offering some options for those seeking higher density living. With around 169 people being added per dwelling approval, Shepparton - North exhibits characteristics of a low density area. Population forecasts indicate that this area will gain approximately 11,105 residents by 2041. If current development rates continue, there may not be enough housing supply to keep pace with population growth, potentially increasing competition among buyers and supporting stronger price growth in the future.
Frequently Asked Questions - Development
Infrastructure
Shepparton - North has emerging levels of nearby infrastructure activity, ranking in the 28thth percentile nationally
Area infrastructure changes significantly affect local performance. AreaSearch identified 17 projects potentially impacting the area. Notable projects include GV Health Staff Accommodation Development, The North Quarter Estate, Goulburn Valley Health - Shepparton Hospital Redevelopment, and Shepparton Sports & Events Centre Redevelopment. Below is a list of most relevant projects.
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Frequently Asked Questions - Infrastructure
Goulburn Valley Integrated Cancer Centre
The project aims to develop a new Integrated Cancer Centre at Shepparton Hospital to provide a full range of cancer care services, including chemotherapy, haematology, onsite radiotherapy, consulting rooms, expanded wellness services, multidisciplinary team facilities, and space for research and clinical trials, serving the regional community in one dedicated building.
Goulburn Valley Highway Shepparton Bypass - Stage 1
Proposal for a 10km single lane carriageway connecting the Midland Highway west of Mooroopna to the Goulburn Valley Highway in Shepparton North. The project aims to remove heavy freight from the Shepparton CBD and improve regional connectivity. While a business case was completed in 2020 and early works have been investigated, the project faces significant delays following the withdrawal of $208 million in Federal Government funding in November 2023. The Victorian Government continues to list the project under planning.
Goulburn Valley Health - Shepparton Hospital Redevelopment
Major $229.3 million redevelopment of Shepparton Hospital featuring expanded emergency department with 44 treatment points, five-storey inpatient unit with 64 beds and 10 ICU beds, four operating theatres, 12-bed maternity unit, 10-cot special care nursery, 12-bed paediatric ward, 16-bed dialysis unit, imaging facilities including CT scan and X-ray rooms, new kitchen, and morgue. The project has doubled emergency department capacity and created an integrated women and children's precinct.
Shepparton Sports & Events Centre Redevelopment
Redevelopment of the outdated 1970s sports stadium into a modern Shepparton Sports & Events Centre featuring 6 multi-use courts with a 3,000-seat show court, cafe, administration hub, amenities and external works. Designed with glue laminated timber targeting 5-6 Star Green Star rating. Stage 1 approved for $33 million with detailed design completed by City Collective. The facility will cater for basketball, netball, badminton, table tennis, volleyball, futsal, dance, boxing, judo, taekwondo and major events.
Shepparton North Activity Centre Structure Plan
Development of Shepparton North Activity Centre (SNAC) for retail and commercial purposes, including integration with The Vines residential estate and Shepparton Sports City precinct. Includes traffic network improvements and commercial expansion.
Shepparton and Mooroopna 2050 Regional City Growth Plan
Comprehensive 30-year strategic growth plan adopted in March 2021 to guide sustainable development, housing, employment, infrastructure and land use in Shepparton, Mooroopna and Kialla urban areas until 2050. The plan addresses liveability, land supply, urban renewal, infrastructure, transport and water consumption, with implementation through planning scheme amendments.
Greater Shepparton Secondary College
New purpose-built campus formed by merging four secondary schools as part of the Shepparton Education Plan. The college features innovative learning environments with three neighbourhood buildings, Enterprise and Innovation Centre, double gymnasium, and capacity for up to 2,700 students. Opened in 2022, it serves as Victoria's largest regional secondary school campus with contemporary facilities designed to transform educational outcomes.
Goulburn Valley Water Infrastructure Upgrades
Program of water and wastewater upgrades led by Goulburn Valley Water across the Shepparton-Kialla area, including rolling water main replacements, sewer rehabilitation, standpipe upgrades and storage augmentation. In May 2025, major works on the Fair Street (Shepparton) water main replacement were reported as completed, with properties connected to the new main and final site clean-up undertaken. GVW's Water Main Replacement Program forms part of its 2023-28 plan, with more than $13 million allocated to water main upgrades during that period, alongside other capital works to improve service reliability, water security and network resilience.
Employment
While Shepparton - North retains a healthy unemployment rate of 2.8%, recent employment declines have impacted its national performance ranking
Shepparton - North has a skilled workforce with prominent essential services sectors. As of June 2025, its unemployment rate is 2.8%.
In this month, 9,766 residents are employed while the unemployment rate is 1.0% lower than Rest of Vic.'s rate of 3.8%. Workforce participation stands at 60.3%, slightly higher than Rest of Vic.'s 57.4%. Key employment sectors include health care & social assistance, education & training, and retail trade. Health care & social assistance is particularly strong, with an employment share 1.4 times the regional level.
Conversely, agriculture, forestry & fishing shows lower representation at 4.2% compared to the regional average of 7.5%. The worker-to-resident ratio is 0.7, indicating ample local employment opportunities. Between June 2024 and June 2025, Shepparton - North's labour force decreased by 14.5%, with employment declining by 15.4%, causing the unemployment rate to rise by 1.0 percentage points. In comparison, Rest of Vic. saw employment fall by 0.9%, labour force contract by 0.4%, and unemployment rise by 0.4 percentage points. Jobs and Skills Australia's national employment forecasts from May 2025 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 growth of approximately 6.7% over five years and 14.1% over ten years, although these are simple weighted extrapolations for illustrative purposes and do not account for localised population projections.
Frequently Asked Questions - Employment
Income
Income levels sit below national averages according to AreaSearch assessment
AreaSearch's latest postcode level ATO data for financial year 2022 shows Shepparton - North's median income among taxpayers is $46,483. The average income in this area is $56,787. This is below the national average. Rest of Vic.'s median income is $48,741 with an average of $60,693. Based on Wage Price Index growth of 12.16% since financial year 2022, current estimates for Shepparton - North's median and average incomes are approximately $52,135 and $63,692 respectively as of September 2025. The 2021 Census data ranks household, family, and personal incomes in Shepparton - North modestly, between the 39th and 46th percentiles. The earnings profile shows that 33.7% of locals (7,047 people) earn between $1,500 and $2,999, which is similar to the metropolitan region where 30.3% fall into this category. Housing costs in Shepparton - North are manageable with 87.1% retained. However, disposable income ranks below average at the 43rd percentile, and the area's SEIFA income ranking places it in the 4th decile.
Frequently Asked Questions - Income
Housing
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 structures, as per the latest Census, consisted of 85.6% houses and 14.3% other dwellings (semi-detached, apartments, 'other' dwellings). In comparison, Non-Metro Vic. had 88.5% houses and 11.5% other dwellings. Home ownership in Shepparton - North was 31.4%, with mortgaged dwellings at 33.0% and rented ones at 35.6%. The median monthly mortgage repayment was $1,369, higher than Non-Metro Vic.'s average of $1,300. Median weekly rent in Shepparton - North was $270 compared to Non-Metro Vic.'s $260. Nationally, Shepparton - North's mortgage repayments were significantly lower at $1,863 and rents were substantially below the national figure of $375.
Frequently Asked Questions - Housing
Household Composition
Shepparton - North has a typical household mix, with a fairly typical 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 32.3%, with lone person households at 28.9% and group households making up 3.4%. The median household size is 2.5 people, which aligns with the Rest of Vic. average.
Frequently Asked Questions - Households
Local Schools & Education
Educational attainment in Shepparton - North aligns closely with national averages, showing typical qualification patterns and performance metrics
Shepparton's educational qualifications trail regional benchmarks, with 23.8% of residents aged 15+ holding university degrees compared to Victoria's 33.4%. This gap suggests potential for educational development and skills enhancement. Bachelor degrees are the 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 – advanced diplomas account for 10.7% and certificates for 23.4%.
Educational participation is high at 31.2%, including 10.8% in primary education, 9.4% in secondary education, and 3.5% pursuing tertiary education. Seventeen schools serve 6,951 students; the area has typical Australian school conditions (ICSEA: 993) with balanced educational opportunities. The educational mix includes six primary, seven secondary, and four K-12 schools. Shepparton functions as an education hub with 33.5 school places per 100 residents – significantly above the regional average of 16.0 – attracting students from surrounding communities. Note: where schools show 'n/a' for enrolments, please refer to the parent campus.
Frequently Asked Questions - Education
Schools Detail
Nearby Services & Amenities
Transport
Transport servicing is low compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility
Transport analysis shows 159 active stops operating in Shepparton - North, offering mixed bus services. These stops are served by 16 routes, collectively providing 539 weekly passenger trips. Transport accessibility is rated good, with residents typically located 248 meters from the nearest stop.
Service frequency averages 77 trips per day across all routes, equating to approximately 3 weekly trips per individual stop.
Frequently Asked Questions - Transport
Transport Stops Detail
Health
Health performance in Shepparton - North is lower than average with common health conditions somewhat prevalent across the board, though to a slightly higher degree among older age cohorts
Shepparton - North faces significant health challenges with common health conditions somewhat prevalent across all age groups but particularly higher among older cohorts. The rate of private health cover is very low at approximately 48% of the total population (~10,100 people), compared to the national average of 55.3%.
The most common medical conditions are arthritis and mental health issues, affecting 9.4% and 9.1% of residents respectively. 65.7% of residents declare themselves completely clear of medical ailments, compared to 64.8% across Rest of Vic.. 17.1% of residents are aged 65 and over (3,586 people), lower than the 18.9% in Rest of Vic.. Health outcomes among seniors require more attention than those for the broader population.
Frequently Asked Questions - Health
Cultural Diversity
The level of cultural diversity witnessed in Shepparton - North was found to be above average when compared nationally for a number of language and cultural background related metrics
Shepparton-North 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, accounting for 51.6% of Shepparton-North's inhabitants. Notably, the 'Other' religious category comprised 2.8%, slightly higher than the Rest of Vic's average of 2.7%.
In terms of ancestry, the top three groups were English (26.4%), Australian (25.1%), and Other (10.3%). Some ethnic groups showed notable variations: Italians were overrepresented at 5.5% compared to the regional average of 6.0%, while Macedonians and Samoans both stood at 0.4%.
Frequently Asked Questions - Diversity
Age
Shepparton - North's population is slightly younger than the national pattern
The median age in Shepparton-North as of 2021 was 37 years, significantly lower than Rest of Vic.'s average of 43 and close to the national average of 38. The population aged 25-34 was particularly prominent at 14.8%, while those aged 65-74 were comparatively smaller at 9.3%. Between 2021 and present, the 35-44 age group grew from 12.4% to 13.7%, and the 25-34 cohort increased from 13.6% to 14.8%. Conversely, the 45-54 age group declined from 12.2% to 11.0%, and the 55-64 group dropped from 12.2% to 11.2%. By 2041, demographic projections indicate significant shifts in Shepparton-North's age structure, with the 25-34 cohort projected to rise substantially by 2,723 people (88%), reaching a total of 5,814.