Data Reveals Sustained Interest In Rural Properties For Sale

Buyer Interest In Large Rural Properties For Sale Up Despite Higher Rates

Interest in rural properties for sale remains high, with fresh data showing buyer enquiries on more than 4,400 properties for sale on farmbuy.com up a whopping 19.2 per cent year-on-year – with larger holdings over 100 acres accounting for almost 40 per cent of enquiries.

This large jump in buyer enquiries was achieved on the back of a 5.3 per cent rise in user sessions and a 3.3 per cent lift in property views in the period January 1-November 22.

Highlighting the strength of the upper end of the rural property market, traditionally larger livestock, mixed farms, viticulture, horticulture, dairy and cropping properties accounted for 20 per cent of property views in the period.

Rising interest rates and inflation don’t appear to have dampened interest for landmark properties, with the highest number of views and leads in the past 14 days on these large land holdings below.

Most Popular Rural Properties For Sale

Unique Cattle Property For Sale QLD

This cattle property for sale Qld – the ‘Bar H' and 'Corona’ aggregation – presents a unique opportunity to secure a well-developed fattening and backgrounding cattle property situated in the tightly held coastal scrub country of Central Qld. Comprising 5,795.11 hectares (14,319.71 acres) of Brigalow and Scrub country featuring a mixture of dark and light grey loams located in a coastal rainfall belt, the property boasts a heavy carrying capacity with high weight gains.

Check out more cattle properties for sale Qld.

Macadamia Farm For Sale QLD

Fitzroy Macadamias is an established macadamia orchard located on the banks of the Fitzroy River in the Fitzroy Basin region of Central Queensland. Comprising 590 hectares, the property includes a 344-hectare (58 per cent of the total holding) macadamia orchard with the balance comprising support and vegetation. 

Check out more macadamia farms for sale.

‘Meadow Creek’ Cattle Property For Sale NSW

Nestled in the foothills of the Snowy Mountains, this cattle property for sale NSW offers a turn-key grazing and cropping operation situated in a region boasting fertile soils, consistent rainfall, and a cool mountain climate with high sunshine hours favoured for cool climate grape growing, horticulture and plantation forestry.
The 352.89-hectare ‘Meadow Creek’ cattle breeding and fattening property ‘Meadow Creek’ at Tumut in the foothills of the Snowy Mountains.

Check out more cattle properties for sale NSW.

Lifestyle Property For Sale South Coast NSW

This trophy coastal acreage is located near the historical town of Milton on the south coast of NSW. Set on almost 300 hectares, the property boasts majestic mountain views of the Budawang Ranges, rolling lush green pastures, pockets of forest, natural springs and rich fertile basalt soils. It currently operates as a successful beef cattle enterprise with a carrying capacity of approximately 450 cows and calves. 

Check out more lifestyle properties for sale NSW.

Stunning 101HA Cattle Property For Sale VIC

This 101-hectare (250-acre) livestock fattening and grazing property for sale at Ingliston in Victoria is a truly remarkable opportunity to secure a property with over 500 metres of frontage to Werribee River plus multiple home sites, complemented by unbeatable views across to Melbourne's CBD skyline and onwards to the You Yangs, Dandenong Ranges and Mt Buninyong.

Check out more cattle properties for sale VIC.

Ag Lending Stats Highlight Strength of Top End

The latest lending statistics also reflect the underlying strength in the top end of the market.

Data from the Australian Prudential Regulatory Authority shows the value of loans and leases owed by the farm sector hit $94 billion at June 30, 2021, an increase of around six percent from the previous June.

Lending to the agricultural sector increased in all states and territories during 2020-21, with the largest percentage increases occurring in Queensland (seven per cent) and New South Wales (seven per cent).

Analysis of ABARES’ farm survey data shows that much of this increase in borrowing was for on-farm investment, particularly land purchases.

Rising land prices and low interest rates have provided farmers with greater equity to support increased borrowings, while historically high farm incomes in most agricultural industries have substantially improved farmers debt servicing capability.

ABARES’ Executive Director Dr Jared Greenville says an increase in farm debt over the past year isn’t cause for concern.

“Because of higher property values, farm business equity has remained steady,” he says.

“Higher commodity prices and two record-breaking seasons have meant farmers have higher incomes to pay down their debts in the short term. As a result, farm incomes are less vulnerable to rising interest rates than they were in the 1990s or the early 2000s.

“The main reason broadacre and dairy farms borrowed money in 2021 was to fund land purchases. That shows Australia’s farmers are taking advantage of two record-breaking seasons and are looking to expand and invest in their businesses.”