Rural

Chinese-backed Autumn Estate is purchasing one of Victoria’s best rural properties, the iconic Greystones in the state’s west, for about $80m.

The top operators are seeking to expand their agricultural empires, but now they are putting sustainability at the fore.

Limited opportunities and rising land values in the cities are driving industrial real estate investors to seek opportunities in the regions, where rents are rising even faster.

The flagship wholesale fund run by Dexus is selling the Shepparton Marketplace in regional Victoria to Singapore private real estate fund management business Sim Lian-Metro Capital for $88.1m.

An impressive 11,170ha landholding that belonged to Texan entrepreneur Joseph Matthews has been sold to a prominent property developer for $40 million.

A perfect storm of local and international factors affecting Australian horticulture, which has sent the price of some fruit and vegetables skyrocketing, could lead to consolidation in the sector, as investors look to take advantage of the crisis by buying up farm enterprises.

Buyers are showing strong interest in a top-notch equine facility, minutes from Ballarat in western Victoria that has price expectations of $7 million.

Celebrity chef Martin Boetz has listed his incredible Hawkesbury River retreat, that has doubled as one of Sydney most sought-after wedding venues.

Will the eventual buyer of this 49ha Old Beach property prefer cherry farming or a housing development?