Rural land prices in QLD

Discussion in 'Loans & Mortgage Brokers' started by PK CEE, 12th Oct, 2018.

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  1. PK CEE

    PK CEE Member

    Joined:
    8th Oct, 2018
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    Writing from out of Australia - am I correct in assuming that current land prices in Southern Central QLD are approx. 6300 AUD per hectare? I am researching a potential land deal there of approx. 30 000 hectares of pastoral land. Lacking more details info. at the moment re. carrying capacity soil type etc. etc., bu‎t the number reached via simple math seems abnormal, even factoring in a 52% YoY rise, vis-a-vis what similar-sized or larger stations have gone for in the past. Am I calculating correctly for a helicopter base-line cost?
     
    PK CEE, 12th Oct, 2018
    #1
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