Major surge in Queensland farmland prices

first_imgMore from newsParks and wildlife the new lust-haves post coronavirus12 hours agoNoosa’s best beachfront penthouse is about to hit the market12 hours ago215 Todds Road, Greenlake, covers 7,278.2ha and is on the market for $20m.The top performing region was West Queensland where the median price per hectare jumped 27.2 per cent, while North Queensland decreased by 0.5 per cent.“The Queensland rural property market experienced steady transaction volumes in 2018. The mix of sales varied, with more activity in North Queensland and slightly less activity across other regions,” he said.“There were fewer sales at the low end of the market which could have been influenced by drought conditions in marginal areas. This was offset by strong demand for quality properties in each region which shifted the mix of sales in 2018 towards the middle and upper price per hectare ranges.” Jailed lawyer sells mega mansion Unusual feature sells house FOLLOW SOPHIE FOSTER ON FACEBOOK MORE: City pads for less than $150K This massive property at 2521 Kirknie Road, Home Hill, is on the market for $12.2m.It’s been hit by drought, cyclones, floods but Queensland’s farmland continues to hold its own, emerging with the highest price rise of the three major eastern states.A report by Rural Bank found that the median price per hectare for farmland in Queensland jumped 15.7 per cent last year, surging past both NSW (9.6 per cent) and Victoria (14.1 per cent). The amount of farmland that changed hands also jumped to 4.4 million hectares in the Sunshine State, up 10.6 per cent over 2017.The value of the deals in the state also surged a whopping 23.4 per cent to $2.4 billion, according to Rural Bank head of sales, Jonathon Hewitt. Greenlake Station is being marketed as blue ribbon livestock breeding country. 2521 Kirknie Road, Home Hill, covers 708ha.Around $1.1b worth of farmland was sold in Victoria last year (about 198,000 hectares), while in New South Wales $3.4b worth was traded (1.58m hectares).Including the other states, South Australia had the biggest rise in median price per hectare, up 17 per cent, while Tasmania was the only state to see a decline (-5 per cent).Rural Bank CEO Alexandra Gartmann said agricultural land as an asset class has “long term resilience”.“The figures show the remarkable strength and confidence in agriculture’s future, with all states experiencing growth of between 5 and 7.5 per cent since 1998.”She added “we expect farmland values to continue to rise due to tightened supply of available farmland and increased competition for fewer parcels”. Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 0:58Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:58 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD432p432p216p216p180p180pAutoA, selectedAudio Tracken (Main), selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.This is a modal window. This modal can be closed by pressing the Escape key or activating the close button.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreenHow much do I need to retire?00:58last_img read more

Boss aims to banish negativity

first_imgFulham manager Rene Meulensteen is confident his side can avoid any more ‘waves of negativity’ and stop the rot in their battle to stay in the Barclays Premier League. The Cottagers went down 2-0 at leaders Arsenal on Saturday when Santi Cazorla fired in two quick second-half goals to break what had been a resolute defensive display. Meulensteen is determined to find the positives from an overall improved performance following on from a 6-0 capitulation at Hull and last weekend’s 4-1 home reverse by Sunderland. “We are starting to look more solid, and that is our way forward,” said the Dutchman. “It gives confidence to the whole team, a feeling that we are more solid and that it is harder for opponents to break us down. “We just need to make sure that one goal conceded does not create a ripple effect, which then creates a wave of negativity, we switch off for one split-second and all the hard work is undone.” Meulensteen added: “We focus on improving performances – making sure that we are defensively more solid, because we strongly believe that if we get more clean sheets, that will eventually keep us up. “We have enough quality to win other games and to create chances to score.” Fulham are just a point above the drop zone, but also only five points off 10th place in a congested bottom half. “I am quite happy that there are lots of teams involved, it is going to be one of the most exciting leagues in years,” Meulensteen said. “A good result can get you three or four places up the table, and then a bad one can put you right back in it.” Captain Brede Hangeland, now recovered from a back problem which needed surgery, feels Fulham can produce what is needed to pull clear of trouble. “At times we have struggled with the balance between defence and attack, and as a consequence of that we have played some good games, but got thoroughly beaten even though we played well which is hard to take,” he said. “We need to find that solidity which we did have at times against Arsenal and then spice that up with some good play going forwards.” Press Associationlast_img read more

Ghana 7-1 Liberia: Meteors blitz opposition to book date with Congo

first_imgGhana who won the first leg 2-0 at the same venue last Sunday, this time, thumped the Liberians 5-1 to send them out of the qualifiers. A brace from young Asante Kotoko striker, Dauda Mohammed, with one each from Tamimu Muntari, Richard Gadze and Baba Mensah did all the damage to the Liberia U-23s. Ghana’s Olympic team, the Black Meteors have advanced to the second round of the Caf U-23 Championship qualifiers on a 7-1 aggregate over Liberia. The second leg of the Ghana-Liberia encounter was brought forward to Saturday by Caf at the request of the Liberians who opted to use the Tamale Stadium as their home venue due to their inability to host international games in their country. Ghana moves on to meet Congo in the second qualifying round to be played this month. The Black Meteors will host the first leg on the weekend of May 22-24 with the second leg set for the weekend of May 29-31.–last_img read more