New England auctions shrug off drought

By Peter Austin
Updated June 25 2018 - 7:14am, first published June 24 2018 - 5:30am
FarmBuy Real Estate
Locals prove unbeatable at New England auctions
Locals prove unbeatable at New England auctions

Two successful property auctions last week confirmed the “top drawer” status in terms of market desirability of the Ben Lomond and Nowendoc sub-regions of New England. They both sold under the hammer to local buyers at prices of more than $8000 a hectare ($3200/ac), a tribute to the winning combination of rich soils and abundant rainfall.

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