IN recent months, numerous grazing properties across Australia have returned to the market after failing to sell at auction.
Are vendor expectations too high, with some suggesting these properties are now sitting above the market at their current list price, or is buyer hesitancy creeping in?
In this week’s property review, marketing agents give their mid-year take on the current state-of-play.
Darryl Langton from Nutrien Harcourts Roma has noticed falling clearance rates in his region.
“Over the last three to four years, every property I have put to auction has sold. It was quite…