04 OCT 2023

Rural Property Update

Welcome to the latest edition of the Elders Rural Property Update.

We understand the importance of accurate and timely analysis of property trends and the role this analysis plays in property investment decisions whether you are buying, selling or holding.

Our high frequency update summarises the changes in rural property prices quarter to quarter and year on year at a national, state and regional level, drawing on transactional data from every rural land sale in Australia.

The rural property market is experiencing unprecedented demand, driven by strong buy side factors. Elders Rural Property Update, data-backed and strengthened by insights from Elders’ national network of rural real estate experts aims to provide readers with valuable insights to help make informed decisions.

This report shows that Australian rural property values have remained strong with small gains in the rolling 1-year median price across most regions. Perhaps the most important aspect of the of the report this quarter is the continued decline in the volume of properties coming onto the market.

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

Read the full Quarter 2 2023 report below or download a copy below.

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