Mooroopna is a twin town to Shepparton across the Goulburn River, offering Shepparton's services at lower prices. Sub-$370K entry and 6%+ yields make it Central Victoria's most cash-flow positive investment suburb. At the current $370k median house price, an 80% loan at 6.25% over 30 years is about $1,823 per month.
| Median house price | $370,000 |
|---|---|
| Median unit price | $255,000 |
| Estimated monthly repayment | $1,823 at 80% LVR, 6.25%, 30 years |
| Annual price growth | 9% |
| Gross rental yield | 6.1% |
| Typical days on market | 17 |
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