Discover The Best Rural Properties For Sale In WA
The price of rural properties for sale WA remained strong in the second quarter of 2023 despite a decline in commodity prices across most markets, the latest Elders Rural Property Update has found.
The one-year rolling median price per hectare remained unchanged at $6,552/ha in the period – but was down 5.9 per cent year-on-year. This compares with a 0.1 per cent increase nationally.
Rural properties for sale WA - prices remained strong in the second quarter of 2023 despite a decline in commodity prices
Elders reports the Northern and South West regions of WA recorded steady growth but that was offset by slight declines elsewhere. It also notes the result was achieved on a four per cent decline in the one-year rolling transaction volume (and -8.1% year-on-year), the eighth consecutive quarter of decline.
All up, the value of rural property traded in the quarter was $1.7 billion, down 0.9 per cent quarter-on-quarter but up 34.4 per cent year-on-year.
Rural properties for sale WA - still strong demand for quality farms that came onto the market during late winter and early spring
Simon Cheetham, Elders’ Senior Rural Real Estate Sales Executive Western Australia, says quality farms that came onto the market during late winter and early spring received very strong interest.
“Prices achieved to date often exceeding initial seller expectations, in many cases setting new district benchmarks per arable hectare, particularly land suited to cropping in WA’s high and medium rainfall zones,” he adds.
Rural properties for sale WA - the one-year rolling median price per hectare remained unchanged at $6,552/ha in the period
The continued strength in WA rural property prices follows on from robust price growth in 2022. Rural Bank’s Australian Farmland Values 2023 report found the median price per hectare rose 22.5 per cent to a record $5,121/ha last calendar year, bolstered by a record winter cereal crop, above average commodity prices, and tight supply of farm land.
Although this was a slowdown from the previous year’s growth of 36.3 per cent, it marked the fifth consecutive year of growth. Over this period the median price has risen by 157 per cent.
Rural properties for sale WA - prices holding up specially for land suited to cropping in WA’s high and medium rainfall zones
The growth in median prices was seen right across the state except for the South West where values were flat year-on-year but remained near record levels.
The Central region recorded the state’s strongest growth for the second year in a row with a rise of 59.8 per cent in 2022 following on from a 52.1 per cent increase the year before. The other two regions to show exceptionally strong growth were Avon Midland with a 49.1 per cent increase and the Great Southern region rising 30.2 per cent from the previous year.
Rural properties for sale WA - growth in median price per hectare was mixed across parcel size segments
Rural Bank notes the median price was pulled down by lower prices for large parcels of land above 900 hectares. It was also achieved against a backdrop of lower transaction volumes, which fell by 27.6 per cent to a 28-year low of 452. All regions across the state recorded a decline in transactions except for the Central region. The sharpest decline occurred in the Great Southern region.
Declines in transaction volumes were seen across all price ranges except for the $8,000-$10,000/ha range which posted a modest 7.1 per cent increase. Similarly, the number of transactions by parcel size declined in all categories with the largest year-on-year changes seen in the smaller parcel ranges. Transactions in the 50-200 hectare range were down 35 per cent while the 200-400 hectare range saw a decline of 24 per cent.
Rural properties for sale WA - sustained demand and robust investment potential in the region’s agricultural sector
Growth in median price per hectare was mixed across parcel size segments with a rise in the small to medium ranges and declines in the larger ranges. The 200-400 hectare range had the highest rise in median price with a year-on-year gain of 48.9 per cent.
The smallest size range of 50-200 hectares also posted good gains in 2022, rising 17.2 per cent from the previous year to $9,065/ha.
Rural properties for sale WA - declines in transactions were seen across all price ranges except for the $8-10,000/ha range
Rural Bank’s Simon O’Leary says the remarkable performance of WA farmland underscores the sustained demand and robust investment potential in the region’s agricultural sector.
“Despite challenges such as high input costs, continued tightness in the labour market and rising interest rates, the market demonstrated resilience, showcasing the enduring appeal and strong investment value of Western Australian farmland,” he says.
If you’re looking to buy rural properties for sale WA check out five of our favourite properties for sale on farmbuy.com – or click on the following link for more rural properties for sale WA.
Rural Properties For Sale WA: 155 Jackson Road, Uduc ($1.95 million+)
This is a unique opportunity to secure a beautiful property located on a prime piece of real estate in Uduc, located in South West WA between Harvey and the Indian Ocean coast at Myalup.
The rural property for sale comprises 165 acres (66 hectares) of flat land, divided into 17 paddocks, 10 of which are lasered for irrigation capable for grazing or hay. Five smaller paddocks surround the house and are fenced for horse agistment.
This rural property for sale WA comprises 165 acres of flat land, divided into 17 paddocks, 10 of which are lasered for irrigation
There are excellent storage facilities with an abundance of sheds including machinery shed (18m x 12m) and a hay shed as well as steel cattle yard.
For equine enthusiasts, there are three horse stables, three outdoor shelters, a powered feed room, day pens, and up to 50 gates for access throughout the property.
This rural property for sale WA offers excellent storage facilities with an abundance of sheds as well as steel cattle yards
Located less than 10km from the centre of Harvey, the property boasts a beautifully renovated cottage with four bedrooms, two bathrooms, a new country-style kitchen, and separate formal lounge and dining area complete with Jarrah hardwood floors throughout.
There are five split-system, reverse-cycle air-conditioners and a cosy wood fire that take care of heating and cooling throughout the home, powered with assistance from 6kW solar panels. The outdoor entertaining area is private overlooking a magnificent ornamental dam and fully reticulated gardens and lawns.
This rural property for sale WA boasts a renovated cottage with four bedrooms, two bathrooms, country-style kitchen, and lounge/dining area
What’s more, the property is perfectly set up to allow some great farming opportunities in what is good hay farming country.
The property comes with 100 shares (and a water allocation) in Harvey Water, an extra 99 shares available for negotiation. Additional infrastructure includes a lockable powered workshop along with two-car garage to the front plus double carport.
This rural property for sale WA is perfectly set up to allow some great farming opportunities in what is good hay farming country
Click on the following link for more information on this rural property for sale WA at 155 Jackson Road, Uduc.
Rural Properties For Sale WA: 138 Bettys Beach Road, Manypeaks ($3.65 million)
This stunning rural property for sale offers a truly luxurious lifestyle in a picturesque location surrounded by mountains, and only 2.5km to a pristine beach.
With its spacious layout and modern design, this property is perfect for those seeking comfort, elegance, and tranquillity.
This rural property for sale WA offers a truly luxurious lifestyle in a picturesque location surrounded by mountains
Featuring three bedrooms, a bathroom, and an ensuite, this home provides ample space for the whole family. The bedrooms are well-appointed and offer plenty of natural light, creating a warm and inviting atmosphere.
The bathrooms are beautifully designed, showcasing high-quality fixtures and finishes.
This rural property for sale WA features three bedrooms, a bathroom, and an ensuite, and ample space for the whole family
Attached to the end of the magnificent home is a large art studio that could be used for its intended purpose or as a large games room or even as a teenager’s retreat.
The open-plan living area is the heart of this home, providing a seamless flow between the kitchen, dining, and living spaces.
This rural property for sale WA features an open-plan living area seamlessly flowing between the kitchen, dining, and living spaces
The kitchen is a chef’s dream, equipped with top-of-the-line appliances, ample storage, and space for a large island bench.
The dining area is perfect for hosting family gatherings, while the living room offers a cozy space to relax and unwind.
The homestead on this rural property for sale WA offers a kitchen equipped with top appliances, ample storage, and space for a island bench
One of the standout features of this property is its expansive land area of 136.93 hectares. This provides endless opportunities for outdoor activities, whether it’s exploring the vast landscape, creating your own private oasis, or enjoying your livestock grazing with the ocean view in the distance.
It is perfectly suited to either sheep or cattle production but equally suitable for horses or alpacas.
This rural property for sale WA comprises a land area of 136.93 hectares providing endless opportunities for outdoor activities
This property has many natural soaks that contain water all year round with abundant pasture, that has been maintained with fertiliser.
There is a large general purpose shed with off-grid power, a workshop and a rainwater tank, and a shipping container to provide storage to the area on the other side of the creek.
This rural property for sale WA includes a large general purpose shed with off-grid power, a workshop and a rainwater tank
Offered for sale at $3.65 million, this property is a true gem and represents excellent value for money.
Click on the following link for more information on this rural property for sale WA at 138 Bettys Beach Road, Manypeaks.
Rural Properties For Sale WA: 88 Watervale Road, Rosa Brook ($2.375 million)
A stunning rural retreat tucked away in a whisper-quiet locale, this property has it all.
Set high on a picturesque undulating lot, it is a horse lover’s dream come true, boasting an impressive bespoke 12m x 25m American-style barn with four stables, wash-down bay, and large tack and feed rooms.
This rural property for sale WA is a stunning rural retreat tucked away in a whisper-quiet locale
The adjoining dressage arena is equally impressive at 66m x 26m with sub-soil drainage immaculate.
Nearby paddocks feature quality fencing and three large shelters and automatic water feeders.
This rural property for sale WA is a horse lover’s dream, boasting four stables, wash-down bay, and large tack and feed rooms
Both residences have gorgeous views over a winter watercourse to the neighbouring state forest, and the Margaret River is only 200m away with some private swimming holes.
Each residence has its own large workshop and are set quite a distance apart affording peace and privacy. Each residence has more than adequate water tanks and all services are in place.
This rural property for sale WA offers two residences with gorgeous views over a winter watercourse to the neighbouring state forest
The main residence is a modern skillion design with a fabulous fit out and sits closest to the horse facilities. It features a deck, outdoor entertaining area and outside spa.
The second residence is a Queenslander-style design and is currently leased at $2,520 a month.
This rural property for sale WA includes a main residence with modern skillion design and a second with Queenslander-style design
This rural property for sale is located just 15 minutes from the Margaret River and similar drive to Busselton and the Airport, and only 45 minutes to Bunbury.
Click on the following link for more information on this rural property for sale WA at 88 Watervale Road, Rosa Brook.
Rural Properties For Sale WA: 1947 Dunn Rock Road, Condingup ($1.65 million)
If you would like to escape to the south-coast and enjoy a rural atmosphere while being close to some of the best coastal scenery in Esperance, then this Dunn Rock Road property is the answer.
The primary feature is the luxurious homestead centrally located on the 50-hectare property.
The key feature of this rural property for sale WA is a luxurious homestead centrally located on the 50-hectare land holding
The well-laid-out homestead includes high ceilings, polished hardwood flooring, double-glazed windows, ceiling fans, and reverse-cycle air-conditioning throughout.
Key features include an open-plan kitchen with combustion stove, island bench and dining, two lounges with separate heating, an office, five spacious bedrooms, a two-car carport, and wrap-around veranda overlooking manicured lawns.
This rural property for sale WA boasts a homestead featuring a kitchen with combustion stove, island bench and dining, and two lounges
Additional accommodation for those special family occasions includes a very comfortable five-bedroom cottage. Both residences are plumbed to rainwater.
This magnificent lifestyle package would not be complete without a couple of sheds of which there are two: one a 24m x 12 m open-bay workshop and the second a 21m x 7 m enclosed workshop with man cave.
This rural property for sale WA features two sheds: a 24m x 12 m open-bay workshop and a 21m x 7 m enclosed workshop with man cave
There are 136,000 litres of rainwater storage, and water for the garden is supplied from one of three bores. Paddock water is available from a soak and dam, and there is the opportunity for a feed of yabbies.
This once in a lifetime lifestyle property is ideally located just 43 kilometres east of Esperance, 16 kilometres north of the spectacular Dunn Rock Beach, and approximately 30 kilometres from Condingup, Orleans Bay and the famous Wharton Beach.
This rural property for sale WA is a once-in-a-lifetime lifestyle opportunity located just 43km east of Esperance
Click on the following link for more information on this rural property for sale WA at 1947 Dunn Rock Road, Condingup.
Rural Properties For Sale WA: Lot 1, 1428 Coorow Greenhead Road, Coorow ($1.75 million+)
It is obvious as you drive in the gate of ‘Topside’ that the current owners have much pride in their asset. The fences are perfect, the driveway and shed areas are neatly slashed, and the improvements are well set out all to fulfil their purpose.
The homestead sits on the peak of the hill looking to take advantage of the special ocean views that are on offer only 18km away as the crow flies.
This 279-hectare rural property for sale WA boasts a homestead sitting on the peak of the hill with special ocean views
With a penchant for training racehorses, the sellers have an excellent five-bay stable set up with handling yards and a special sand track laid out over a paddock.
The 279-hectare (691-acre) property currently runs 60 Angus breeders conservatively and a handful of cross-breed sheep for their own use.
This rural property for sale WA currently runs 60 Angus breeders conservatively and a handful of cross-breed sheep
To ensure that all the work is easily done the property has excellent fences including a vermin-proof fence on the southern section keeping wildlife out with everything else being as new seven-line ring lock with plain and hot wires.
Laneways allow easy access throughout the small property. Water is abundant and is sourced from a boundary bore which is endless and this is reticulated around the property. There is also catchment from sheds and house for fresh rainwater.
This rural property for sale WA features excellent fencing and laneways that allow easy access throughout the small holding
The homestead is a very neat three-unit McGrath home well located with outside patio. It has four bedrooms, two bathrooms, and very roomy living areas, with solar power and reverse-cycle air-conditioning.
The property also boasts a large 24m x 15m machinery shed with a similar-sized lean-to which is 360sqm. Another shed which acts as a workshop and has a half concrete floored plus a large cool room and more machinery storage space.
This rural property for sale WA offers a neat homestead with four bedrooms and a large 24m x 15m machinery shed
‘Topside’ comprises mostly excellent gravel soils as well as some sandy gravels which are all very productive. Some cropping has taken place on the property, mostly for fodder.
The gravel is of high quality and currently some mining of these has been taking place with a large resource being available for its commercial grade a potential income opportunity going forward.
This rural property for sale WA comprises mostly excellent gravel soils as well as some sandy gravels which are all very productive
The owners are reluctantly placing the property on the market for family reasons and will sell independently a full list of machinery which is currently on the property as well as the Angus breeders all at an agreed value.
Click on the following link for more information on this rural property for sale WA at Lot 1, 1428 Coorow Greenhead Road, Coorow.