Quarterly Rural Real Estate update with Col Medway
In our latest #InTheKnow Podcast episode, Host Oli Le Lievre sits down with Col Medway, Senior Director at LAWD, to get across the latest trends and happenings in the Aussie Rural Real Estate market.
It’s October 2023 and the third quarter of 2023 has ended. Over the year we have discussed topics such as levels of foreign investment, emerging opportunities with renewable energy companies investing in farmland, the impacts of interest rates on land values, the on-going market competition between family farmers and corporates to secure productive Australian agriculture land.
In this 3rd Quarter update for 2023, We cover:
Australian agribusiness trends and factors impacting the industry
El Nino declaration and the impact on the land market and sentiment
Impact of interest rates, livestock prices and compounding external factors
Rural property market trends and factors affecting it
Foreign investment levels and appetite
Australian agricultural market trends and investment opportunities
Passion for agriculture among team members
"A number of markets have changed significantly. Interest Rates, Livestock prices, The Bureaus forecast of imminent doom.. is also having an impact. And so, the Land market is not immune to those factors, Because it is largely driven by sentiment.. "
- Col
Disclaimer: The information shared as part of this podcast is general in nature. We're asking questions of Col Medway, and he's providing his insights from his expertise. Humans of Agriculture doesn't endorse any of his views as part of this. They're really designed to just be conversation starters. And if you want to get more information, please reach out to specialists and experts in the topic.