Tight market to continue in 2022

By Belinda Hickman
January 16 2022 - 11:00pm
In a sign of the times, Nutrien Harcourts WA sales representative Adam Shields sold the 626.3 hectare Rosalie Grazing Co at Lower Chitering well above the asking price of $7 million late last year. Agents see a tight market, with low rates of farmland coming onto market, and high demand from cashed-up and motivated buyers as being the stand-out features of the rural real estate market for 2022.

A TIGHT farmland market will likely persist in 2022, agents have warned, though plenty of cashed-up buyers will resume their search for more land in the next few months as harvest winds-up.

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