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 August residential rental vacancy rate for Ballarat has fallen to 2.2%, down from 2.4% in July and 2.6% in March according to the latest figures released by the Real Estate Institute of Victoria. This is good news for Ballarat investors and proves how resilient the Ballarat rental market has … Read more
Welcome to this week’s real time residential market insights, we’ve created this document to provide clarity to all our customers on what is happening in the market now. As Australasia’s largest real estate group, selling one in every nine homes across Australia, we are uniquely placed to provide our clients with the … Read more