High prices to drive spring rural listings

Original article by Matthew Cranston
The Australian Financial Review – Page: 32 : 27-Aug-18

The drought does not seem to have had too much impact on the value of farm properties in New South Wales, with values in some areas rising by 30 per cent over the past 12 months. Andrew Street of Landmark Harcourts says there is a lot of interest in cotton properties at the moment. Sam Hempinstall of Michael Keating International expects demand for Victorian rural estate to exceed supply during the 2018 spring, with good interest coming from both Asia and Europe.

CORPORATES
LANDMARK HARCOURTS PTY LTD, MICHAEL KEATING INTERNATIONAL PTY LTD, ELDERS LIMITED – ASX ELD, LABOUR PARTY (NEW ZEALAND)

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