22 Ansell Cres, Shepparton VIC 3630
22 Ansell Cres, Shepparton VIC 3630
3-bed family house | 738m² block | quiet court position | strong starter-home demand | solid long-term hold
This property holds genuine appeal for first-home buyers and small families seeking a practical footprint without excess maintenance. The 3-bedroom, 2-bathroom layout is a proven configuration in this part of Shepparton, offering enough separation for daily living while keeping the floorplan manageable. Sitting on roughly 738m², the land provides useful outdoor space for children or pets, and the court location tends to reduce through-traffic, which is a quiet advantage many buyers undervalue until they experience it. The house presents as a straightforward, low-fuss proposition — no heritage restrictions or flood overlays complicate ownership, which keeps future renovation or extension options open. It is best suited to owner-occupiers prioritising affordability and function over prestige, and it competes well against newer builds that often sacrifice yard size for a slightly fresher interior.
The estimated value around $494k reflects a balanced market position, but several factors may shape the final price. The condition of the interior and any recent updates to kitchen or bathrooms could shift perceived worth noticeably, as buyers in this bracket often weigh cosmetic appeal heavily. The absence of known overlays is a plus, yet the property’s age and potential for future maintenance — roofing, insulation, or window upgrades — might influence how much a buyer is willing to commit upfront. Land size here is a genuine advantage, but the house’s modest footprint means the block’s full potential may only be realised through later improvements, which could temper immediate demand from investors seeking higher rental yields.
Detailed Independent Property Report prepared by PropCred Analyst team for 22 Ansell Cres, Shepparton VIC 3630
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
Income Risk
1
Execution Risk
1
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Market Insight
Shepparton is a regional Victorian centre with a diversified economy spanning agriculture, construction, real estate and transport. Demand is led by investors attracted to gross rental yields near 5.2% for houses and 5.6–5.9% for units, supported by weekly rents of $490 and $420–$430 respectively and a low 1.2% vacancy rate. Renters make up 30% of households, while the buyer base draws from a broad occupational mix of professionals, technicians, labourers and managers. House prices rose 6.1–7.7% over the past year, lifting medians to roughly $485,000–$505,000; unit medians sit around $385,000–$415,000. Market conditions are cooling, however, with days on market stretching from 43 to 74–78, vendor discounting at -5%, and listed stock trending up at 2.04%. Rental growth near 15% underpins yields, but rising vacancy and higher interest rates could pressure negatively geared buyers. Future growth rests on the area’s economic diversity, with affordability still a draw for sub-$450,000 properties.
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PropCred Estimated Value
Comparable Sales: 18 Smith St, Shepparton sold $472k; 7 Miller Ct, Shepparton sold $505k | Property Price Band: $450k–$550k | Value Drivers: land size, court position, layout suitability for families
Bedrooms
3
Bathroom
1
Parking
1
Land
738m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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