Acreage For Sale NSW: Farmbuy.com Buyers' Guide

Price Of Smaller Acreage For Sale NSW Skyrocket

Smaller acreage holdings experienced the largest percentage jump in New South Wales (NSW) farmland prices in 2021, according to the 2022 Rural Bank Farmland Values Report.

The median price of farmland in the 30-50-hectare range skyrocketed 24 per cent to $12,712/ha in the period, well ahead of the state average, which increased 8.3 per cent to $6,339/ha, the eighth consecutive year of growth.

Andrew Smith, Rural Bank, Eastern Australia, says the growth was driven by supportive seasonal conditions, good commodity prices, and plenty of motivated buyers.

“Many regions of New South Wales saw outside interest in farmland as city-dwellers looked to move regionally,” he adds.

Looking ahead, Smith says the market should remain reasonably buoyant as the Central and Western regions begin to see a greater supply of properties on the market, and with irrigation storages in the Northern region being full.

“Interest rates, however, may start to play a stronger role and slow any further growth to farmland values,” he notes.

Above: Acreage for sale NSW - transactions in the $2,500-$5,000/ha range saw strong growth with a 29.1 per cent increase

At a regional level, the Western and Southern regions recorded the highest growth in median price per hectare in 2021, increasing by 22.4 and 28.2 per cent respectively. The South East region also recorded solid growth of 18.6 per cent while modest growth of 5.5 per cent occurred in the Northern region.

Conversely, the Central region of the state saw a small decrease of 0.5 per cent in the median price per hectare.

The number of farmland transactions in the state increased by 29.4 per cent to 3,977. This was the second consecutive year of growth following a 37.3 per cent decline in transaction volume between 2017-2019. The total number of transactions in 2021 was also 3.9 per cent higher than the 20-year average.

All regions across the state saw an increase in the number of transactions in 2021, with the Northern and Southern regions seeing the largest growth with 32.9 and 39.1 per cent respectively. The Western and South East regions saw more restrained growth in transactions with increases of 6.7 and 12.3 per cent respectively.

Interestingly, the Central region saw a 30.4 per cent increase in transactions across the state yet was the only region to see a decline in its median price per hectare.

Above: Acreage for sale NSW - smaller acreage holdings in the 30-50-hectare range experienced the largest percentage jump

The increase in transactions occurred across all price ranges. The largest increase was for transactions priced above $12,500/ha which nearly doubled in volume. Transactions in the $2,500-$5,000/ha range also saw strong growth with a 29.1 per cent increase.

Conversely, whilst transaction volume of the $0-2,500/ha price range increased by 13.5 per cent year-on-year, it’s proportion of all transactions fell to 19 per cent.

There was a subtle shift in the distribution of parcel sizes with the proportion of transactions larger than 250 hectares rising from 30 per cent in 2020 to 33 per cent in 2021.

While there were 19.6 per cent more transactions of parcels between 30-50 hectares in size, this segment’s proportion of total transactions fell from 25 per cent in 2020 to 23 per cent in 2021.

Acreage For Sale NSW: Central Region

Despite the overall decline across the region, each of the four sub-regions of Central NSW all saw an increase in their median price per hectare.

All municipalities across the region saw an increase in the median price per hectare, with the exception of Bathurst and Singleton.

In 2021 there was a 30.4 per cent increase in the total number of transactions across Central NSW with 1,365 properties sold. This followed on from the 35.3 per cent increase seen in 2020.

The Central West and East Hunter both saw large growth from 2020 with 45.2 and 33.2 per cent increases in transactions respectively.

Above: Acreage for sale NSW - all four sub-regions of Central NSW saw an increase in their median price per hectare

Across the region, there was a noticeable increase in the size of properties traded as the median parcel size grew 30.4 per cent to 129 hectares.

This uplift was largely driven by the Central West which saw the median parcel size grow 22.9 per cent to 514 hectares. Thus, the number of transactions larger than 400 hectares in size grew 72.4 per cent compared to 2020.

Smaller parcels however make up the bulk of transactions, with parcels 30–200 hectares in size accounting for 60 per cent of all transactions.

Acreage For Sale NSW: Northern Region

The Northern region of NSW resumed year-on-year growth in median price per hectare in 2021, increasing 5.5 per cent after a decline of 3.1 per cent in 2020.

While last year’s result broke a consecutive four year run of increases, the price per hectare of farmland in the region is on an upwards trajectory with a five-year CAGR of 8.2 per cent.

Results were mixed across the region, with 44 per cent of municipalities recording year-on-year declines in median price per hectare, most significantly Tamworth, which declined 29.6 per cent.

The number of transactions also saw stronger growth, increasing 32.9 per cent to 1,458, the second highest volume in 13 years.

Increased transaction volume was seen across most municipalities, with 76 per cent recording higher volumes than 2020, with eight per cent unchanged and 16 per cent recording fewer transactions than 2020. This was most notable in the Mid-Coast Council which saw an additional 75 properties sold with a median price of $11,348/ha. The only municipalities to see a decline in transactions were Dungog and Warren.

Above: Acreage for sale NSW - the Northern region of NSW resumed year-on-year growth in median price per hectare in 2021

Excellent seasonal conditions raised demand in border regions with the largest increases recorded in the Walgett, Inverell and Glen Innes Severn municipalities, while the largest decline in transaction numbers was in Moree Plains.

The proportion of sales by parcel size in 2021 remained relatively constant on 2020 numbers. Properties in the 50-150 hectare range made up the greatest proportion of sales at 32 per cent.

However, the smallest parcel size of 30-50 hectares recorded the largest increase in value, up 12.2 per cent to $11,750/ha. Conversely, the value of larger parcel sizes of 150-250 hectares and more than 250 hectares declined by 7.4 per cent and 11.6 per cent respectively.

Acreage For Sale NSW: Southern Region

The median price per hectare in the Southern region increased 28.2 per cent in 2021 to $6,425/ha. This was the fifth consecutive year of growth for the region following on from the 12.4 per cent increase in 2020.

All municipalities within the region saw an increase to its median price per hectare with the exception of Junee and Leeton. The Southern region saw strong growth in the number of transactions in 2021, turning the 17.4 per cent decline seen in 2020 into a 39.1 per cent increase.

Above: Acreage for sale NSW - the median price per hectare in the Southern region increased 28.2 per cent in 2021

Snowy Valleys and Leeton recorded the largest increase in transaction volume of all municipalities in the region.

An increase in transaction volumes across all parcel sizes was seen in the Southern region for 2021. The largest growth was seen in properties between 250-350 hectares which saw a 71.4 per cent increase.

Parcels larger than 350 hectares saw a decline as a total proportion of all transactions which was matched by a 2.1 per cent decline in the median price per hectare.

All other parcel size ranges saw growth in 2021, most notably in the 100–250 hectare range which saw a 36.6 per cent increase.

Acreage For Sale NSW: South East Region

The median price per hectare of farmland in South East NSW increased 18.6 per cent in 2021 to a record $8,761/ha, the eighth consecutive year of growth. This makes the region one of the most consistent performing areas in terms of median price growth across the state over the past 10 years.

All municipalities within the South East region recorded year-on-year growth with the exception of Bega Valley, Eurobodalla and Shoalhaven.

The number of transactions within the South East region increased by 12.3 per cent to 519 in 2021, the largest number of transactions recorded since 2015. All municipalities with the exception of the Yass Valley recorded an increase in transaction volume as a result.

Above: Acreage for sale NSW - the median price per hectare of farmland in South East NSW increased for the eighth consecutive year

An increase in transaction volume was seen across all parcel size ranges in 2021, with the price per hectare of all parcels sizes also rising – with the exception being the 50-150 hectare range which declined 5.4 per cent.

The proportion of transactions across the various parcel sizes remained relatively similar to 2020 with the 30-50 hectare range totalling 33 per cent of all transaction in 2021, down from 37 per cent in 2020. This small decrease in the proportion of smaller, more expensive parcels of land was offset by a significant increase in the median price per hectare of 35 per cent.

Notably, the 250 hectare and above parcel size range recorded a significant jump in the median price, with a rise of 62.5 per cent in comparison to the prior year.

Acreage For Sale NSW: Western Region

The Western region enjoyed a second consecutive year of growth in median price per hectare in 2021, increasing 22.4 per cent to $216/ha. The increase to the median price took the 20-year CAGR to 11.3 per cent.

All municipalities in Western NSW recorded increases in median price per hectare except for Bourke and Wentworth.

Above: Acreage for sale NSW - the Western region enjoyed a second consecutive year of growth in median price per hectare in 2021

There were 48 transactions for the region in 2021, up from 45 in 2020. There was a large shift in the size of properties traded with a 112.5 per cent increase in the number of properties greater than 15,000 hectares when compared to 2020.  This resulted in the median parcel size increasing to 9,828 hectares, up 12.3 per cent.

In 2020, parcels less than 15,000 hectares in size accounted for 82.2 per cent of all transactions, however they accounted for only 64.6 per cent in 2021.

Farmbuy.com has more than 460 smaller acreage properties for sale NSW here. Check out four of our favourite acreage properties for sale NSW below!

Acreage For Sale NSW: 116 Maineys Road, Turners Flat

This incredible 16.18-hectare (40-acre) acreage property for sale offers a wonderful lifestyle with the added benefit of multiple substantial income streams and the potential to generate even more.

Above: This acreage for sale NSW offers a wonderful lifestyle with the added benefit of multiple substantial income streams

Nestled in the beautiful Macleay Valley, the property features two private residences including a large four-bedroom homestead incorporating a gorgeous 19th-century style studio and a two-bedroom/two-bathroom cottage including double garaging.

Above: This acreage for sale NSW features two private residences including a large four-bedroom homestead incorporating a studio

Both residences are surrounded by open green pastures and set on high ground. A bonus is the quarry lease agreement providing an exceptionally healthy income with the benefit of ongoing driveway maintenance to the property.

Above: Both residences on this acreage for sale NSW are surrounded by open green pastures and set on high ground

Sustainability and energy efficiency have been thoughtfully considered with the main house providing stand-alone solar and both homes supplied by fresh filtered tank water.

Above: This acreage for sale NSW provides stand-alone solar to eliminate power costs and is supplied by fresh filtered tank water

The acreage property is suitable for farming, boasting lush green fertile pastures suitable for approximately 20 head of livestock, nine paddocks, three dams, three troughs, chicken pen, stables, round yard, large shedding, established shade trees, and direct access to riverfront. A fully fenced enclosure is ideal for young children and pets.

Above: This acreage for sale NSW includes a two-bedroom/two-bathroom cottage including double garaging

The facilities of Kempsey are only 20 minutes’ drive away with the famous surfing destination Crescent Head just 40 minutes. Coastal Port Macquarie and South West Rocks are one hour away.

Click on the following link for more information on this acreage for sale NSW at 116 Maineys Road, Turners Flat.

Acreage For Sale NSW: 38 Robinsons Access Via Beranghi Road, Crescent Head

Nestled amongst mother nature only 15 minutes' drive to the seaside village of Crescent Head sits this beautiful country coastal hideaway on a little more than 16 hectares (40 acres) of lush green pastures surrounded by national park.

Above: This acreage for sale NSW sits on a little more than 16 hectares of lush green pastures surrounded by national park

Entered via a tree-lined driveway, the acreage property features a charming four-bedroom residence with a huge wrap-around veranda on meticulously maintained grounds.

Above: This acreage for sale NSW features a four-bedroom residence with wrap-around veranda on meticulously maintained grounds

The homestead's warm and welcoming interior comprises a spacious open-plan kitchen with all the modern appliances, dining and living area with a cosy wood fire opening onto an impressive outdoor area.

Above: This acreage for sale NSW incorporates an open-plan kitchen, dining and living area with wood fire opening onto an outdoor area

Four good-sized, privately positioned bedrooms are serviced by a full bathroom including a bath tub. Smartly tucked away is a large laundry and adjoining second bathroom.

Above: This acreage for sale NSW includes four good-sized, privately positioned bedrooms serviced by a full bathroom

Alongside the in-ground saltwater swimming pool is an oversized all-weather enclosed entertaining area, large enough to host a wedding or year-round shindigs with family and friends.

Above: This acreage for sale NSW boasts an in-ground saltwater swimming pool with oversized all-weather enclosed entertaining area

Outdoors is mostly fenced and includes a natural dam, five water tanks including two concrete underground, three-bay powered shed, double carport, separate tractor shed, and an additional storage shed.

Above: This acreage for sale NSW is mostly fenced and includes a natural dam and five water tanks including two concrete underground

With nature as your only neighbour take a wander and wet a line from the jetty under the beautiful old shade trees framing the banks of Connection Creek or boat your way downstream taking in the scenic beauty to the sounds of bird song!

Click on the following link for more information on this acreage for sale NSW at 38 Robinsons Access Via Beranghi Road, Crescent Head.

Acreage For Sale NSW: 6 Wollanda Road, Tamworth

This acreage property boasts a stunning 96-year-old homestead on just over 10 hectares (25 acres) just six minutes’ drive to Tamworth.

Above: The 96-year-old homestead on this acreage for sale NSW is perched high on the hill at Tintinhull

Perched high on the hill at Tintinhull, ‘Wunnamurra’ was the original homestead on Yuma Station at Coonamble and was dismantled and completely rebuilt at Tintinhull 33 years ago.

Above: The homestead on this acreage for sale NSW was dismantled and rebuilt 33 years ago retaining all its original features

All the beautiful original features were kept but the foundations, floors and the roof were replaced when it was re-built. There are 10 sets of cedar French doors, dado panelling, ceiling roses, 12-foot ceilings and stunning white-wash cypress pine floorboards throughout.

Above: The homestead on this acreage for sale NSW features a wrap-around veranda overlooking the Daruka and Tintinhull valleys

Featuring a wrap-around veranda overlooking the Daruka and Tintinhull valleys, the homestead incorporates five bedrooms, two bathrooms, huge lounge room with a wood fire, and separate smaller family room.

Above: The homestead on this acreage for sale NSW features five bedrooms and two bathrooms

The large eat-in kitchen boasts a slow combustion stove, gas cooktop, gas oven, Delonghi dishwasher and good-sized walk-in pantry - and seamlessly connects to the dining room.

Above: The homestead on this acreage for sale NSW boasts a huge lounge room with a wood fire, and separate smaller family room

Outside, just over six hectares are suitable for livestock grazing, including horses, while the remainder is timbered and great for bushwalking. The property is serviced by a fantastic bore pumping 770 gallons an hour to a header tank and out to troughs and outside taps. Additional water is supplied via two 5,000-gallon tanks on the house and two dams in the paddock.

Above: This acreage for sale NSW offers just over six hectares suitable for livestock grazing while the remainder is timbered

A fantastic shed has power connected plus 3.5 KW solar panels on the roof. There’s also five-car accommodation and a self-contained one-bedroom unit.

Click on the following link for more information on this acreage for sale NSW at 6 Wollanda Road, Tamworth.

Acreage For Sale NSW: 74 Rose Road, Tuntable Creek

Positioned on an elevated 20.23-hectare (50-acre) parcel of prestige country land, this remarkable residence presents a rare opportunity to acquire a world-class home of generous proportions in a highly sought-after hinterland locale.

Above: This acreage for sale NSW features a grand home on 50 acres in a highly sought-after location

A north-facing haven of peace and serenity, the property captures the breathtaking views of Mount Nardi and the Nightcap National Park from every angle. Set against a picture-perfect backdrop, the grand home itself features a vast open-plan layout designed for easy-care, low-maintenance living.

Above: This acreage for sale NSW boasts views of Mount Nardi and the Nightcap National Park from every angle

Grand in scale, every feature of this home befits the calibre of its prestige position in the Northern NSW Hinterland, just 12 minutes’ drive to Nimbin, 35 minutes to Lismore, and 50 minutes to Ballina and Byron Bay. With soaring ceilings and polished brush box timber floors throughout it is a showpiece of luxury living with a seamless flow from the very first step inside, right through to the spectacular view of rainforest-clad ridges and cliffs from the multiple viewing decks on both levels.

Above: The grand home on this acreage for sale NSW befits the calibre of its prestige position

The home offers three large bedrooms, all with built-in wardrobes and large picture windows framing the sensational outlook across the leafy green property and the mountains beyond. There are also two full-sized bathrooms plus bonus water closet and internal laundry.

Above: This acreage for sale NSW features three large bedrooms and two full-sized bathrooms

The gourmet kitchen boasts Labradorite benchtops and is equipped with superior gas appliances, large island bench and integrated dishwasher, and transitions seamlessly to the open-plan living and dining area which is flooded in natural light and wrapped in floor-to-ceiling glass doors extending to a sun-drenched wrap-around veranda.

Above: This acreage for sale NSW boasts a gourmet kitchen with superior gas appliances and large island bench

Offering versatility, an additional downstairs family/rumpus room can be used as a home gym, wellness retreat or office space. The area is adjacent to a double lock-up garage, offering extra flexibility. Elevated with stunning rural vistas, the property’s grounds are in incredible condition, well maintained with improved pastures and featuring a variety of fruit trees, around 100 Lemon Myrtle bushes and 20 raised vegetable garden beds on fertile land, ideal for crops and further growth.

Above: This acreage for sale NSW features incredible grounds with a variety of fruit trees and raised vege gardens

The property is also well set-up for horses and/or livestock, including around nine acres fenced with relatively new five-strand barb-wire into four major paddocks, plus stables, a hard stand, adjustable ramp, and full vet crush. Providing extra storage is a 9m x 13m shed connected to the stables.

Above: This acreage for sale NSW comes with stables, a hard stand, adjustable ramp, and full vet crush

Well-irrigated, the property boasts a spring-fed dam feeding into a header tank connected to all paddocks and the house; supplemented by four rainwater tanks with a combined 92,000-litre capacity.

Above: This acreage for sale NSW is well-fenced and well-irrigated, with a spring-fed dam feeding into a header tank 

Whether you are seeking a country escape, have a passion for farming or are looking for a lifestyle change, this is an incredible opportunity not to be missed!

Click on the following link for more information on this acreage for sale Northern NSW Hinterland at 74 Rose Road, Tuntable Creek, NSW.