Suburb Comparison · Government Data

Parramatta NSW vs Shepparton VIC: Property Investment Comparison

NSW · 2150  |  VIC · 3630

Parramatta, NSW
62
Good
out of 100
VS
Shepparton, VIC
58
Good
out of 100

Parramatta vs Shepparton — Head-to-Head Comparison

Metric Parramatta Shepparton Winner
Median Sale Price $641,250 $470,500 Parramatta ✓
Median Weekly Rent (ABS est.) $685/wk $270/wk Parramatta ✓
Gross Rental Yield 5.5% 3.0% Parramatta ✓
1yr Price Growth -41.8% +0.1% Shepparton ✓
5yr Price Growth — +51.8% —
👥 Population 30,211 32,067 Shepparton ✓
💵 Median HH Income $108,784/yr $66,820/yr Parramatta ✓
Renter % 88% 55% Parramatta ✓
Investment Score 62 58 Parramatta ✓

Parramatta — Score Breakdown

Yield 19/25
Growth 2/20
Renter Demand 16/15
Affordability 8/15
Income Stability 4/10
Liquidity 10/10
Confidence 5/5

Shepparton — Score Breakdown

Yield 11/25
Growth 13/20
Renter Demand 16/15
Affordability 12/15
Income Stability 1/10
Liquidity 0/10
Confidence 5/5
📋 Parramatta Demographics (ABS 2021)
Population
30,211
Median Income
$108,784/yr
Median Age
32
Renter %
88%
Dwellings
9,376
📋 Shepparton Demographics (ABS 2021)
Population
32,067
Median Income
$66,820/yr
Median Age
38
Renter %
55%
Dwellings
8,120
Parramatta Recent Sales
78 Great Western Hwy, Parramatta NSW 2150 $490,000
2026-06-11
180 George St, Parramatta NSW 2150 $786,500
2026-06-11
4 Peace Lane, Parramatta NSW 2150 $570,000
2026-06-11
42 Macarthur St, Parramatta NSW 2150 $683,000
2026-06-11
3 Sorrell St, Parramatta NSW 2150 $750,000
2026-06-10
Shepparton Recent Sales

No recent sales data available.

Based on government data
Parramatta scores higher for investment potential
With an investment score of 62/100 and 5.5% gross yield, Parramatta ranks ahead on our composite scorecard covering yield, affordability, renter demand, income stability, and liquidity.

Not financial advice. Always do your own due diligence.

Parramatta full profile → Shepparton full profile →
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Parramatta vs Shepparton — Frequently Asked Questions

Is Parramatta or Shepparton better for property investment?
On our composite scorecard, Parramatta scores 62/100 and Shepparton scores 58/100, weighing yield, growth, renter demand, affordability, income stability and data confidence. Treat this as a shortlist signal and verify independently.
Which has a higher rental yield, Parramatta or Shepparton?
Parramatta shows an indicative gross yield of 5.55% versus 2.98% for Shepparton, based on public price and rent data.
What is the median house price in Parramatta vs Shepparton?
The median sale price is approximately $641,250 in Parramatta and $470,500 in Shepparton from government public records.
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