As residential markets tank, rural property clocks up double-digit gains
Rural property market prices are growing at more than 10 per cent, a far cry from the anaemic residential property markets in the regions and capital cities.
Agricultural properties are experiencing price increases not seen in the residential market for a year. (Image source: Shutterstock.com)
While city and regional residential property markets continue to head backwards, rural property prices are growing quicker than the crops on the farms.
A new report released Tuesday (11 October) shows that rural property values for the most recently measured period (quarter two of 2022) had enjoyed double-digit growth.
More buyers and investors are buying more properties at higher prices, in stark contrast to the plunging listings and values in…
