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Thursday, November 14, 2019

Lamb prices driving land prices

By Angus Brown  |  Source: MLA, Mecardo

Recently there have been plenty of reports regarding rising land prices despite the drought. Where there hasn’t been drought this spring has brought even stronger price rises. In Western Victoria and South East South Australia some land values have doubled in the last five years. There are plenty of questions being asked about whether money can be made at these levels. Here are the back of the envelope calculations.

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Mecardo information is provided to assist in your marketing decisions. It contains a range of data and views on the current market. It is not intended to constitute advice for a specific purpose. Before taking any action in relation to information contained within this report, you should seek advice from a qualified professional. The information is obtained from a variety of sources and neither Mecardo nor Ag Concepts Advisory will be held liable for any loss or damage whatsoever that may arise from the use of information or for any error or mis-statement contained in this report. 

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