Ag News

Famous Raby Station sold to locals

  • By: Farm Tender "Prime"
  • Dec 12, 2017

The successful sale of Raby Station reflects the strength in the Rural Property market with over 60 enquires 17 inspections and 12 contracts issued.

The Macquarie Valley has a strong focus on agriculture, particularly sheep and cattle breeding and grazing, as well as wheat and cotton growing.

Trevor Wilson and Phil Rourke of Landmark Harcourts who handled the marketing process, inspections and negotiations on behalf of Hassad Australia said the number of enquires and general interest in the property demonstrated the strength of the market and confidence being shown in rural agribusiness.

“With commodity prices remaining at historically high rates and low interest rates, enquiry for good quality rural property has increased as the number of available listings have fallen,” Mr Rourke said.

Located in the highly regarded and tightly held Macquarie Valley district of Central Western NSW, just 15km from the township of Warren, ‘Raby Station’ is home to the famous ‘Raby’Merino Stud which was established in 189...
Read "Prime" Ag News full story!
Be a "Prime" Monthly Member