1-6/138 Swallow StreetShepparton VIC 3630
Property Details for 1-6/138 Swallow St, Shepparton
Last Listing description (September 2025)
Positioned just minutes from Sheppartons vibrant CBD, train station, picturesque lake, walking tracks, and an array of everyday amenities, this exceptional property offers the ultimate in convenience and lifestyle. Set in a prime location that did not experience flooding during recent events, it presents an outstanding opportunity for both investors and future owner-occupiers alike.
At the front of the block sits a delightful two-bedroom home thats bright, cosy, and filled with charm. Tastefully decorated throughout, the residence features two spacious bedrooms with built-in robes, a central sunlit living area with split system heating and cooling, and a functional kitchen equipped with electric cooking appliances and ample cupboard space. The combined bathroom/laundry includes a shower, while side access leads to a private courtyard. Additional features include a sizable fully fenced front yard, a carport with extra driveway parking, and NBN connectivity.
To the rear of the property, youll find six individually titled, tastefully updated two-bedroom units. Each unit offers built-in robes in both bedrooms, a central living area with split system climate control, and a practical layout perfect for tenants or short-term stays. The units share a neat backyard space complete with clotheslines, and each includes its own single carport. With income potential of approximately $119,000 per year, this is a high-performing investment that is seldom seen on the market.
Outside, the property is well-maintained and well laid out. The grounds are low-maintenance, with established fencing and defined car spaces throughout.
With an opportunity to buy one or buy all, this is an amazing opportunity for those looking for a low cost unit, or a fantastic investment! Or both!
Property Highlights:
- Seven individually titled properties-
- Strong rental income: $119,000 annually
- Minutes to CBD, lake & train
- No flood history, safe location
- Ideal for investors or Airbnb
Property History for 1-6/138 Swallow St, Shepparton, VIC 3630
- 12 May 2025Listed for Sale Not Disclosed
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0About 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 18,515 properties. Over the last 5 years, Houses in Shepparton have seen a 60.66% increase in median value, while Units have seen a 56.07% increase. As at 31 March 2026:
- The median value for Houses in Shepparton is $551,917 while the median value for Units is $376,275.
- Houses have a median rent of $500 while Units have a median rent of $420.
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