We are back and we are sitting down with LAWD Senior Director, Tim McKinnon to get the latest on Australia's rural real estate market.
A few summarising points:
- Beef Australia is more than just Beef - international interest across all of Aussie Ag came to Rockhampton in the first week of May.
- The market dynamics between family farms and corporate/institutional investors vary by sector and region - who's buying and competing where?
- Government policies, such as live export bans, can create uncertainty for investor. We discuss the potential question marks that can arise from Government implemented change.
- Farmland values have experienced significant growth in the past decade, and while there may be a slowdown in the short term, long-term growth is expected.
- Renewable energy projects and agriculture can coexist, with wind farms providing additional income for landowners