AN ABUNDANT amount of property on the rural market has led at least one real estate agent to declare there is an oversupply this autumn.

"Properties are looking good because of the break in seasons and so vendors are selling," Landmark NSW real estate manager Phil Rourke said.

"My view is that in rural Australia, certainly in NSW, because of the run of dry seasons we've had, rural communities are stretched for funds and I think we're going to need a few good seasons to get back a bit of money into towns.

"I'm predicting the market will be quite soft for the next 18 months."

Other real estate agents were reluctant to agree there was an oversupply but acknowledged there was a large amount of property for sale.

Landmark Victoria and Tasmania real estate manager Mark Brooke expected more cropping and grazing properties to hit the market later in autumn.

"The inquiry so far is reasonable to good," Mr Brooke said.

"I think there will be a lot that will come on to the market in the next six weeks.

"There is a good amount of property that is being offered by realistic vendors and it's just a matter of finding people who want to invest in rural property, and there are some people who are doing that."

Pat Rice and Hawkins director Peter Hawkins was positive about the market, describing it as "encouraging".

"Inquiry has certainly lifted and the quality of properties selling is good," he said.

"We've got a fair bit of really good stuff to come on in the next few weeks and I anticipate the autumn selling season will go right through to the end of June."

Mr Rourke said it was "certainly the best start to an autumn season for a number of years" but the property market was tough and clearance rates at auctions in NSW were at about 30 per cent.

But he remains positive.

"Looking forward I think the rural market is going to be quite sound in the long term," he said.

"There is a lot of overseas interest and I'm quite confident of the long-term profitability of agriculture."