Australian rural property market faces pressure from high interest rates, falling commodity prices, and challenging seasonal conditions.

The Australian rural property market is experiencing pressure from high interest rates, falling commodity prices, and challenging seasonal conditions, especially in the south. While the market sees more farmland for sale, vendors are adjusting price expectations. Notable sales include a recent auction totaling over $150 million. Unique properties like St Ronans Station in Far North Queensland, expected to fetch over $70 million, continue to attract strong buyer interest.

October 06, 2024
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