News & Media

More rural deals but no price growth yet

Written by: Michael Bleby - Source: The Land, December 15, 2014

SENTIMENT has improved and the number of transactions has increased in key rural markets this year but, with the supply of properties on the market still outstripping demand, prices are likely to have stabilised, rather than risen, says Tim Lane, valuer Herron Todd White's head of rural. The oversupply of properties on the market, which has worsened due to factors such as a two-year drought in Queensland and some parts of NSW, is likely to be offset in part by recent changes ... Read More

For Sale

Written by: Emily Power - Source: The Sydney Morning Herald, November 22, 2014

Hats are off to the Spring Racing Carnival but interest is just building in the sale of two of Victoria's most beautiful horse farms. Expected to fetch around $7 million is Yallambee Stud, across 240 hectares in the pretty Kerrie-Romsey district. The breeding farm has been run by the Woodard family for 50 years and is known for producing top racehorses. Also for sale is the ready-to-go training complex Seagate Park in Torquay, which was used by the troubled BC3 Thor ... Read More

Private Property

Written by: Emily Power - Source: The Age, November 1, 2014

Reigns to thoroughbred ranch up for grabs Expressions of interest closed this week for one of Victoria's most prestigious farms - a sprawling, Arizona-ranch style estate - in Victoria's thoroughbred heartland. The spectacular Shadow Creek on McKenzie Road in Seymour is owned by transport mogul Douglas Kefford, who sold his bus company to Cabcharge Australia for $150 million and is recognised for his charity work.   The estate, which carried price hopes above &n ... Read More