Rural property listings and sales increase in Victoria and Queensland, with several key properties noted.

A surge in rural property listings and sales has been noted in Victoria and Queensland. Key properties in Victoria include a dairy farm in Leitchville, a cropping portfolio in Wimmera, and an irrigation farm near Shepparton. Notable Queensland listings include Sweets Strawberry Runners, a 1120-hectare agricultural portfolio, and Annavale and Basalt Farm, a 3144-hectare aggregation. Far North Queensland's Springfield Station, a 68,500-hectare term lease, is being sold on a walk-in, walk-out basis. Glenkirk, a North Queensland breeder property, was sold at auction for $5.3 million. The positive outlook for rural properties and agriculture was celebrated at an event during the Ekka, where professionals discussed the reliability of rural property investments despite market fluctuations.

August 11, 2024
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