IF something has remained certain during the COVID-19 pandemic it is the keen appetite for rural property.
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With volatility across world markets and a working-from-home culture times have certainly changed, however, John McKillop says demand for rural property is strong.
Mr McKillop is executive chairman of Land, Agribusiness, Water, Development (LAWD) and he is also independent chairman of the Red Meat Advisory Council (RMAC).
He said for investors agricultural land was popular at the moment. And in many ways the industry was performing well during the COVID-19 pandemic.
"Equities are volatile and it is difficult to know about the future of commercial property," he said.
Low interest rates and good commodity prices across commodities including beef and sheep meat meant the rural industry was in good shape for investors.
"People have to eat," he said.
He said LAWD had a reach across the east coast and Tim Corcoran would look after properties in the Riverina region including an almond operation called Cavour that is currently listed.
"Cavour" spans 732 hectares and is located at Euroley.
In addition to horticultural operations and broadacre holdings he said there was interest for smaller lifestyle properties in the Yass region.
He also attributed the improved seasonal conditions for helping the overall rural property outlooks.
In addition to LAWD and RMAC Mr McKillop has connections to Hassad Australia, Clyde Agriculture and Stanbroke Pastoral Company.
In the last 12 months to April Mr McKillop has been chairman of CBRE Agribusiness.
Mr Corcoran, said a lack of supply and access to cheap funds is driving strong demand for property in his area and driving up values leading to a positive outcome for vendors.
"It's a seller's market," Mr Corcoran said.
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