Welcome Arsh I can't answer your question - but Shepparton is where I grew up. I don't believe that prices have performed well - but do a search on historical prices.
Hi Arsh, If only you had invested in Shepparton around the time you posted this in Aug 2020, you would have seen almost $100k uplift on almost anything under a $400k purchase price. If you’re looking for value in the Shepparton area, then there’s still some opportunity, but they are quick to be snapped up and becoming rarer as this regional boom continues. I was able to secure an off-market property on behalf of a client for $233,500 which was a 3 bed 1 bath brick veneer. By the time we had settled on the property, it was around $280k and now it would comfortably have a $300k+ price tag in an unrenovated state. This is all in the last 4-5 months. I wish you every success with your search for the right property! Regards, Luke Jorgensen