What price a dry sheep area?

By Peter Austin
Updated February 6 2017 - 7:24am, first published February 4 2017 - 4:00am
FarmBuy Real Estate
This Boorowa district grazing property, “Wiruna”, sold through CBRE last month at $2.15m, or more than $530/DSE based on its estimated stocking rate of 4000DSE.
This Boorowa district grazing property, “Wiruna”, sold through CBRE last month at $2.15m, or more than $530/DSE based on its estimated stocking rate of 4000DSE.

ANY investor looking at buying into the rural property market today for the purpose of running sheep will need much deeper pockets than they would have needed three or four years ago.

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