INTEREST in rural property is riding high on the back of good rainfall, strong commodity prices and healthy crops.
Real estate agents are expecting a good range of properties to hit the market during spring in what is described by some as the best season in almost 20 years.
Landmark sales manager Mark Brooke said there was "a greater degree of confidence around", particularly in the Riverina.
Elders national real estate manager Shane McIntyre was similarly upbeat about the market.
"The return to a normal season, combined with an optimistic outlook for commodities, has bought to the market an outstanding selection of rural property that will present itself in great heart with an abundance of feed, full catchment dams and a replenished river system," Mr McIntyre said.
Properties for sale this spring include the Clyde Agriculture portfolio, which comprises 12 properties.
Pier Pier, at Coonamble (29,420ha), Oxley, at Warren (35,168 ha), Merrimba at Warren (18,736 ha) and Wirribilla, at Walcha (5027 ha), have been listed for private sale, while the 7280ha Windagee, at Coonamble, will be auctioned on October 22.
Other standout properties include historic Beaufort property Trawalla, believed to be owned by former Victorian Liberal minister and founder of failed timber company Enviroinvest Roger Pescott, who is reportedly facing bankruptcy.
The magnificent property boasts 4141ha and a 130-square homestead built in about 1890.
Landmark NSW real estate manager Phil Rourke expected the benefits of the good season would continue into next year.
"I think there'll be solid interest over the spring period in rural agriculture and I think the market will only get stronger on the back of money flowing through rural communities," Mr Rourke said.
"I would say for the astute buyer now is the time to make the move if you're going to look at getting into rural property because it's only going to get stronger from here on."
