Elders Rural Property Update Q 3-2022 - Australia

Median $/ha: $8,109

QoQ -0.6pc YoY +13.6pc

Transactions: 1,357 QoQ -13.5pc YoY -39.6pc

National median price per hectare decreased by 0.6pc, driven by declines in Queensland and Western Australia.

Transaction volume declined sharply down by 13.5pc, primarily due to fewer sales in New South Wales, South Australia and Victoria.

In contrast, the 1yr rolling median price per hectare increased by 3.8pc in Q3 to $7,737/ha, the thirteenth consecutive quarter of growth . Rolling transaction volume declined for a fifth consecutive quarter, down by -11.8pc to 6,651

From the field

“Australian land values remain ed strong in Q3 maintaining most of the gains made in recent months, while low transaction volumes continued .”

Mark Barber, Elders GM Farmland Agency & Agribusiness Investments , Australia.

Value traded: $ 2.6B

QoQ -10.7pc YoY -22.5pc

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‘WILLOW GLEN’

OAKEY, QLD

21 Hectares | 52 Acres

Located within 5 minutes to Oakey and 20 minutes to Toowoomba, 10 minutes to the Wellcamp Airport and 2 hours to Brisbane.

Predominately highly productive selfmulching fertile black soil cultivation with some grazing along creek flats.

Plentiful water with a three phase bore with a 17 Meg irrigation licence. Bore currently pumping 3500 GPH. Permanent creek runs along the entire back of the property with good water holes and power close by for pumping water for stock and domestic use, this creek also doubles up as a spot for fishing or to enjoy water recreation.

The expansive near new executive style home is meticulously set back from the main road and is surrounded by beautifully landscaped gardens and lush turf. It features7 bedrooms all with built ins and the master with wir and ensuite, central two pack kitchen with stone bench tops and waterfall, open plan dining with living aera, formal lounge room, family, rumpus or media room/ 3rd living, 7 x reverse cycle air conditioners and ceiling fans throughout the home, picturesque front verandah and extensive rear under cover deck. Separate fully self-contained 2-bedroom granny flat

Other improvements include 7x14m steel truss machinery/hay shed,5 bay colorbond shed with power, double garage, shade shelter, 29 solar panels, 3 phase power, bitumen highway frontage.

For Sale

Price Guide Interest above $1,999,000

INSPECTION BY APPOINTMENT

Sue Edwards 0437 377 988 sue.edwards@elders.com.au

Elders Real Estate Toowoomba

eldersrealestate.com.au/ 300P106589