4 Shelford-Mt Mercer Road Shelford VIC 3329

There’s never been a better time to purchase rural land, as new data confirms that Australian agricultural property has outperformed all other real estate asset ...

There’s never been a better time to purchase rural land, as new data confirms that Australian agricultural property has outperformed all other real estate asset classes over the past 20 years. A report completed by the Australian Property Institute confirms that agricultural property values rose by 256% over the past 20 years, compared to 164% for industrial property, 154% for residential property and 143% for office property according to their report. On an annualised basis, this equates to growth of 13% per year for agricultural property, 8% for industrial property, 8% for residential property and 7% for office property. The report also found that inflation over the same period was 67%, so even poor performing regions or asset classes have still performed better than the CPI. This 194 hectare, (479 acre), property at Shelford includes absolute river frontage and includes 75 ha’s of highly regarded native grassland offsets, with substantial future income generation included with purchase. The magnificent Leigh River forms the eastern boundary of the property, which along with ancient gums and rock formations provides habitat for wildlife and any number of possible home sites to take full advantage of the rural and river views. The property is well suited to all grazing pursuits and can also accommodate cereal and oilseed production. Subdivided into more than 10 paddocks, the property includes an array of native shelterbelts, with water for livestock provided by dams and troughs which are fed from a solar pump on the river. Soil type ranges from a mix of grey loam to some sandy loam country along the river and approximately 45% of the property is arable. Approximately 40% the property is home to highly regarded native vegetation offsets which are managed by grazing practices. The vendor’s have taken great care during their custodianship to preserve much of the critically endangered native grasslands on the property. Their ongoing management, weed control and seasonal grazing practices now benefit the enterprise with additional income derived from working with the natural environment. The property is zoned Farming Zone, in the Golden Plains Shire and just 40 minutes from Geelong and Ballarat and 100 minutes from Melbourne. For further details or to arrange an inspection, contact selling agent: Malcolm Condie