159 Swallow Street, Shepparton, VIC 3630 | Land for sale | OnTheHouse
 
FOR SALE
$850,000

159 Swallow Street
Shepparton VIC 3630

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1251m2
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Rare Opportunity! Vacant Land - 6 Unit Permits in Place!

159 Swallow Street, Shepparton provides an extremely rare opportunity for developers/investors.
Located close to the CBD, schools & shopping centres, this rare allotment size of 1251m2 (approx.) also sits in the Residential Growth Zone.
Approved plans & permits in place for a 6 x unit development as well as preliminary drawings (STCA), featuring multiple designs.
The units are approved for SDA (Specialist Disability Accommodation), potentially offering an even higher rental yield once complete.
Breakdown –
6 x single storey units –
2 x units - 3 bedrooms, 1 bathroom, 1 garage
4 x units – 2 bedrooms, 1 bathroom, 1 garage
No easements on the blocks. All the hard work and time has been done and is now ready for the next person to develop.
This is an exceptionally rare opportunity, with sites of this scale and approval rarely offered to the market.
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Property Details for 159 Swallow St, Shepparton

Building Type
Land
Land Size
1251m2
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About Shepparton 3630

The size of Shepparton is approximately 42.9 square kilometres. It has 101 parks covering nearly 25.5% of total area. The population of Shepparton in 2016 was 31197 people. By 2021 the population was 32067 showing a population growth of 2.8% in the area during that time. The predominant age group in Shepparton is 30-39 years. Households in Shepparton are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Shepparton work in a professional occupation.In 2021, 58.20% of the homes in Shepparton were owner-occupied compared with 58.60% in 2016.

Shepparton has 18,527 properties. Over the last 5 years, Houses in Shepparton have seen a 65.90% increase in median value, while Units have seen a 69.58% increase. As at 31 December 2025:

  • The median value for Houses in Shepparton is $534,096 while the median value for Units is $376,793.
  • Houses have a median rent of $490 while Units have a median rent of $428.
There are currently 34 properties listed for sale, and 40 properties listed for rent in Shepparton on OnTheHouse. According to Cotality's data, 1012 properties were sold in the past 12 months in Shepparton.

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