Where can I find the cheapest Farm acerage in Aust?

"suitable for goats"... !!

Around 250mm of rain p/a - in comparison, Adelaide gets 500mm and Perth 750mm pa. Tree plantations need 800mm+ so that's out.

350km to the nearest beach at Geraldton, 550km to Freo.

Lifestyle is right - you'd be really struggling to make any real money out of that place without a grand plan.

Umm, maybe a weekend blokes retreat for the nearby mines? think paintball, skydiving, hunting, trail bashing.
 
bobbiemenzies said:
Pity its leasehold. What's it cost in annual charges? Can we do as we wish with the land as is (generally) the case with freehold? If a deposit of kryptonite or some other valuable substance is found on the land, does it belong to us or to the lessor?
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I could be wrong, but I don't think it's any big deal that it's a pastoral lease. These are just over 50 or 100 years, they get extended indefinately, you don't have to pay an annual amount and I don't think it lessens the value much. It would probably mean you weren't allowed to crop the land or something, but as if you would crop that crap!

Isn't the whole of Canberra under lease hold land too? Not any reduction in prices there, or maybe I'm confused..??

If there is a mineral deposit there, you wouldn't own it. But I've got coal and coal seam gas under my freehold farming land and I don't own that either, so there is no difference there.

See ya's.
 
topcropper said:
I've got coal and coal seam gas under my freehold farming land and I don't own that either, so there is no difference there.
See ya's.
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I thought if land was freehold, you owned it and all the benefits that go with it. In the old days, you owned the land all the way to the center of the earth, according to our law lecturer when I was a young student.

Its nice to know, however, that one does not have to pay the government rent for the leasehold.
 
To be honest, the words "cheap farmland" "no experience" and "make money" don't really go together. As well as being one, I do business with farmers all day every day and a small but growing % of these have recently moved out from the city to take up farming either full or part time.
As a broad generalisation, they pay too much for the land, they grossly overestimate it's potential and it then takes years to accumulate the experience that enables them to see that they've made a mistake. Then there's a very small % that end up just as sucessful as those who have been at it for generations.

Cheap farm land only seems cheap until you own it.


RC
 
bobbiemenzies said:
I thought if land was freehold, you owned it and all the benefits that go with it. In the old days, you owned the land all the way to the center of the earth, according to our law lecturer when I was a young student.

.
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Well, I think your uni lecturer was wrong. I definately don't own all the coal and gas under me. A quick google bought this up,.......



http://blog.libertarian.org.au/2007/01/02/mineral-rights/

........"Under Australian law all minerals in the ground belong to the state or federal governments. If you own land you do not own any petroleum or minerals buried within the land and the government can force you off your land (with compensation) in order to access the minerals buried below. Owning land in Australia merely means that you have a right to use the surface, not what is buried below.

Australia is not unique in this regard. In fact only one nation on Earth (the USA) aligns general land ownership with ownership of mineral rights. As a result the USA has half of all the worlds oil wells. Ownership of mineral rights is a primary motivator for exploration and extraction in the USA.

Aboriginal Land Rights are an exception to the rule. On aboriginal lands the mineral rights often belong to the aboriginal collective that owns the land.

It is an open question as to whether Australia is under performing in the minerals sector due to government ownership of mineral rights"?.........



While ever compensation is to be paid we will do OK. Thankfully the profits from mining are so huge that compensating for the destroying of the land is just a minor cost.


See ya's.
 
topcropper said:
Well, here's a cheapie,....

http://www.eldersrealestate.com.au/...ize=10&sort=0&price_from=&price_to=&&offset=0

Mount Magnet WA.
$320,000 for 60,000 hectares. $5.33 a hectare. 240 mills average rainfall. But there's a bit of infrustructure there including a house, shed, shearing shed etc. Take that out it's probably nearly half, or $3.00 a hectare for the dirt. :eek: Anyone find cheaper than that?
See ya's.
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Well, its going to be hard to beat topcroppers cheapest of the cheap pick when it comes to size and cost per acre.....

Are there any other (preferably freehold) bargains out there? A bottle of champers for the person who spots the cheapest farmland for sale!
 
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I don't want to give my secrets away, but because you SS folk have been good to me, I will return the favour. Farm land that you speak of exists at reasonable price in one place, and one place only. Tasmania. Shh, don't tell anyone.

You get:

1. Cheap land still...just search, there are still bargains galore in the apple isle.
2. Mountain views....almost everywhere.
3. River views/creek...almost everywhere.
4. fertile soil.
5. Green.
6. Within driving distance of Hobart/Launceston/Burnie.

Shhh...don't tell anyone...

I have a 29 acre block of which about 5-8 acres are suitable for hobby-farm-type purposes, with another 8 acres probably good for a few horses/cattle/trees. It has mountain/river/valley/town views (town with a bit of clearing). I wouldn't sell it for under 200k, and it's not quite there yet. Is the town growing??? Yes. Possibility of subdivision.

There are much larger properties in the area that sound like what you are talking about...BUT, and there is always a big but, it's Tassie, which, for whatever reason, people do not like as much. :eek:
 
softmonkey said:
Around 250mm of rain p/a - in comparison, Adelaide gets 500mm and Perth 750mm pa. Tree plantations need 800mm+ so that's out.
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Yeowch. My old town got 350mm and this one gets more but I can't verify that because there is no weather station - suffice to say, crops grow here and they don't grow there. The weather in general is much better here.

There's a fairly large farm for sale halfway between the two, but I can't for the life of me find it on the internet. Maybe it actually sold ... although I don't know who'd want to buy a really marginal farm that can only grow sheep.
 
Bobbiemenzies

Here's a little place I found on realestate.com

Jericho, Qld

Leichhardt Farms Aramac
$8,500,000 Freehold 26,300.22ha Around $323/ha
Comes with Homestead, Workmans Qtrs, Mgrs Cottage, Shearing Qtrs, Yards, Sheds, the works really.


Kinga
 
Anyone else out there spot any cheapies? There's a bottle of bubbly for anyone who can lead me to Australia's cheapest & most affordable farmland. Please share & keep em coming! I especially love deals that are affordable to the average bloke.

The cheapest results so far:

Topcropper's $5.33 per hectare leasehold near Mt Magnet. Suit sheep/goats. Arid land with underground water and 300mm plus rainfall.

Kinga's $323 per hectare freehold in Qld's cattle growing country. This is very cheap for freehold land and is on 9 titles with around 500mm rain. But the total price tag of $8m is prohibitive to most ordinary people. Even so, its still a great deal per hectare.

HandyAndy888 said:
I don't want to give my secrets away, but because you SS folk have been good to me, I will return the favour. Farm land that you speak of exists at reasonable price in one place, and one place only. Tasmania. :eek:
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Do you have any links to websites that can help us find these gems?
With mild climes, rainfall etc Tassie must be a farmers paradise. Right?

Anyone else out there spot any cheapies? Keep em coming! I really love deals that are affordable to the average bloke.
 
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How much per acre for the cheapest saline affected rural land in Australia near high tension power lines? And where?
 
Hah, you can buy standard 1/4 acre blocks near my old house for < $500 each, you could join those together and get non-saline affected not-near-powerlines for $2000 an acre ;)
 
Here's another one.

Thargomindah

Being sold WIWO with 800 head of cattle. All the usual homestead, sheds, yards etc.

$2,850,000 51,500ha approx $55/ha Freehold.


Kinga
 
Keep those ideas coming! Kinga's latest pick is a good one at a mere $55 a hectare. Third world prices in a first world country.

Ajax said:
How much per acre for the cheapest saline affected rural land in Australia near high tension power lines? And where?
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Point taken. There's no point buying desert that is not capable of paying for itself, let alone produce a decent return
 
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bobbiemenzies said:
Keep those ideas coming! Kinga's latest pick is a good one at a mere $55 a hectare. Third world prices in a first world country.



Point taken. There's no point buying desert that is not capable of paying for itself, let alone produce a decent return
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That's right. The problem is you can buy a property absolutely anywhere that's not capable of paying for itself or producing a decent return. If you're looking to make money forget about price per hectare and start focusing on price per DSE.


RC
 
BM:
Do you have any links to websites that can help us find these gems?
With mild climes, rainfall etc Tassie must be a farmers paradise. Right?
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Just some links to sites:

Had you checked out good old faithful realestate.com (rural) ? You can do the country, not just Vic what I've put up:

http://www.realestate.com.au/cgi-bi...&is=1&pm=&px=&pme=any&pxe=any&cat=&o=def&p=30


Elders, possibly not all land on elders books might hit the net via R/E or their site, just like some places may not even get put into hands of an agent:

http://www.eldersrealestate.com.au/rural.php

Domainrural:

http://www.propertyguide.com.au/rural/

Obscure-ish sites:


http://www.aussiefarmsforsale.com/

http://www.agriseek.com/sale/e/Property/Farm/z/Australia/

http://www.realigro.com/Land-sale-Australia/index.php

http://www.open2view.com.au/All-Realestate/Agricultural/Farm/For+Sale/

Department of Primary Industry (Victorian) bit of a resource, not for sale site:

http://new.dpi.vic.gov.au/home

Just some (Vic) weather stuff, u can get up any old State:

http://www.dpi.vic.gov.au/dpi/vro/vrosite.nsf/pages/rainfall

Then there are farming type magazine/papers..

Weekly Times

Plus, Farm on line will have more links of info and resources:

http://www.farmonline.com.au/
 
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