Realestate.com.au’s quarterly Rental Report shows median advertised rent in Shepparton is up from last year.
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Rechelle Zammit
The median advertised rent in Shepparton has risen 3.1 per cent over the past year to $495 a week, according to new data from realestate.com.au.
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The report said the September rental report found advertised rents across the Shepparton SA4 region fell one per cent over the quarter, while the annual increase was driven by house rents rising four per cent to $520 a week.
Unit rents fell 2.5 per cent over the year to a median of $390 a week.
Across regional Victoria more broadly, the median advertised rent held steady over the September quarter at $500 a week, up four per cent compared to the same time last year.
Regional Victoria recorded a vacancy rate of 1.9 per cent in September, the highest of all regional markets.
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