Lot 122 Mcphees Road, Shepparton VIC 3630

Shepparton , VIC, Australia, 3630

$ 717,199

Shepparton , VIC, Australia, 3630
House and Land Investment Property in Shepparton, VIC (6.96% Yield) | Aus Investment Properties - Photo 1

Property Images

House and Land Investment Property in Shepparton, VIC (6.96% Yield) | Aus Investment Properties - Photo 1
  • House and Land
  • Property Type
  • 3+2
  • Bedrooms
  • 2+1
  • Bathrooms
  • 2
  • Cars
  • 210

Details

Updated on Oct 16, 2026

Property Type: House and Land
Price: $ 717,199
Land Price: $ 274,000
Build Price: $ 443,199
Gross Per Week: $ 960*
Gross Per Annum: $ 49,920
Gross Yield: 6.96%
Capital Growth 12 Months: 14.89%
10Yr Annualised Growth: 7.39%
Vacancy Rate: 2.06%
Property Size: 210 m2
Land Area: 555 m2
Bedrooms: 3+2
Bathrooms: 2+1
Parking: 2
Title Status: Q2 2027
Property ID: 41623
SKU: 1023

Description

This dual occupancy property in Shepparton offers a 3+2 bedroom layout, 2+1 bathrooms and a 2 car garage, with 210 m2 under roof in a single storey design on a 555 m2 lot in the Parkers Grove estate and land titles expected Q2 2027. The main dwelling has multi-head air conditioning and the secondary dwelling a split system to its living room, with fencing, the driveway and full front and rear landscaping included.

Shepparton is the main regional city of the Goulburn Valley in northern Victoria, within the City of Greater Shepparton. The Parkers Grove estate is a new masterplanned community in the city's south-east growth area, planned around a central park, wetlands and walking paths. That growth setting supports tenant demand from renters looking for a newer home, and investors can use that demand in a long-term portfolio.

For investors, this dual occupancy package has an estimated combined rental return of $960* per week ($520* main dwelling, $440* secondary dwelling), spread across two separate tenancies.

Investors looking to optimise land use and amplify their investment portfolio will find great value in Dual Occupancy Properties, which accommodate two independent dwellings on a single parcel of land and effectively double the potential for rental income.

The design caters to a broad tenant market, allowing investors to capitalise on the growing demand for versatile housing solutions.

Features

  • Landscaping
  • Fencing
  • Driveway
  • House & Land
  • 3+2 Bedrooms
  • 2+1 Bathrooms
  • Dual Occupancy
  • 2 Car Garage
  • Single Storey

Inclusions

  • Dishwasher
  • Downlights throughout
  • Fly Screens and fly doors
  • Clothesline and Letterbox
  • Fully landscaped front and rear
  • Floor Coverings as per specification
  • Window furnishings
  • Fencing and Driveway
  • Alarm System
  • Rendered Hebel in lieu of brick
  • All-electric appliances and services throughout
  • Multi-head air conditioning system to Unit 1
  • Split system to the living room of Unit 2

Floor plans

House and Land Investment Property in Shepparton, VIC (6.96% Yield) | Aus Investment Properties - Floor Plan 1

Forecasted value over 20 Years

Forecasted value is based on the 10 Year annualised growth.

Address Lot 122 Mcphees Road, Shepparton VIC 3630
City N/A
State VIC
Postcode 3630
Suburb Shepparton
Estate Parkers Grove

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ENQUIRE ABOUT THIS PROPERTY

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Capital Growth 12 months, measures the increase in a property’s value over the previous 12 months, indicating how much the investment has appreciated in that timeframe.

Capital Growth 10-year annualised, reflects the average annual increase in a property’s value over the last decade, smoothing out short-term fluctuations to show long-term appreciation trends.

Vacancy Rate, indicates the percentage of properties that are currently unoccupied in that postcode, It’s a key indicator for investors to assess the rental demand.

SMSF Property Investing, when investing inside your SMSF there are some restrictions on how you can purchase investment properties. We use the following information to help navigate the SMSF investment property options.

This property is a single-contract property suitable for an SMSF.

SMSF Single Contract

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