Pastoral Property Market in the Northern Territory

State of the Norther Terrioty Pastoral Market

State of the Norther Terrioty Pastoral Market

The market place for large scale pastoral properties has deteriorated since the highs of 2008 culminating in a relatively subdued market place. The deterioration has been due to a number of factors including the decreased availability of finance on an equity basis which is resulting in significantly extended time periods to achieve finance for pastoral properties; as a consequence the supply of properties available for sale in this sector has increased significantly over the last 5 years.

Read more...