Blog Post

Weekly property review: Is the gloss coming off southern Australian property market?

The historic high rainfall grazing property Stony Batter, near Bundarra in the New England region of NSW, has been listed for $13.5 million bare after failing to sell at auction.

TWO weeks ago, rural marketing agents in Queensland and the NT discussed the impact of high vendor expectations and potential market caution after a number of properties failed to sell at auction recently.

This week, property specialists in the states further south give their mid-year take on the current state-of-play, the impacts of rising interest rates and cost of production, and a softening trend in cattle…

Click to check the original article.