A large rural acreage at Natte Yallock was recently offered for Tender by Josh Todd from Ray White Rural Ballarat. The acreage is in the well held Avoca district and comprised of 127.02HA (313.88 Acres) of unimproved grazing/cropping land. The property although partially arable, (approx. 50%) in recent years has solely been used for grazing. With multiple tenders received by the closing date the property was sold on the day for an undisclosed price that even exceeded the vendors highest hopes and has set a new benchmark price for comparable farming land in the district.
The residential rental vacancy rate in Ballarat has dropped again in October to a 12 month low of 1.2%, down from 1.4% in September according to the latest figures released by the Real Estate Institute of Victoria. Ballarat’s median rent for houses in October was $360 per week and the … Read more
This month we take a look at what you should consider if you’re looking to sell. Price growth continues to accelerate but we’re starting to see days on market increase, a sign that there’s a growing gap between buyer and seller expectations. In addition, the first set of finance restrictions … Read more