Welcome to the latest edition of the Elders Rural Property Update.
The second quarter of 2024 has experienced solid gains in several states.
Seasonal conditions were variable with northern and western areas enjoying a strong autumn/winter period while, in contrast, southern areas were very much below average.
The variability in both value and volume indicators across the country is largely due to differences in regional seasonal conditions.
Looking ahead, demand for property remains strong across all segments of the market. Family farms are competing strongly for properties that have strategic value for their current enterprises, with consideration for location, scale, climate diversity and supply chain compatibility. Corporate and institutional investors are continuing to raise capital with several significant investment managers reaching funding milestones.
View the full Quarter 2 2024 report now.
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Disclaimer – important, please read:
The information contained in this article is given for general information purposes only, current at the time of first publication, and does not constitute professional advice. The article has been independently created by a human author using some degree of creativity through consultation with various third-party sources. Third party information has been sourced from means which Elders consider to be reliable. However, Elders has not independently verified the information and cannot guarantee its accuracy. Links or references to third party sources are provided for convenience only and do not constitute endorsement of material by third parties or any associated product or service offering. While Elders has exercised reasonable care, skill and diligence in preparation of this article, many factors including environmental/seasonal factors and market conditions can impact its accuracy and currency. The information should not be relied upon under any circumstances and, to the extent permitted by law, Elders disclaim liability for any loss or damage arising out of any reliance upon the information contained in this article. If you would like to speak to someone for tailored advice specific to your circumstances relating to any of the matters referred to in this article, please contact Elders.