HMAS Shepparton paid off into Reserve at Brisbane. On 4 November 1947 Shepparton’s sister ship HMAS Deloraine (I) sailed from Brisbane for Sydney with Shepparton in tow. On 7 November the ships arrived at Sydney, where Shepparton remained in Reserve. On 20 February 1958 the ship was sold for scrap to Mitsubishi Shoji Kaisha Ltd of Tokyo.