NSW north coast macadamia farms on expansionary push

NSW north coast macadamia farms on expansionary push
NSW north coast macadamia farms on expansionary push

NSW North Coast macadamia farms on the flood free red basalt plateaus have mostly been sold in the broad range of $40,000 to $80,000 per macadamia tree planted hectare, according to a recent report by Herron Todd White.

The valuation firm advised flood plain sugar cane farms have mostly sold in the broad range of $5,000 to $20,000 per sugar cane cultivated hectare.

"This flood plain land is attracting interest from macadamia farmers seeking to expand.

"This is a serious concern for the sugar mills as throughput is needed for viability."

Century 21 Alstonville (above) have a 72 acre macadamia property listing with 5,600 trees of mixed varieties ranging from 10 years to mature.

Agent Noel Outerbridge recently marketed a 220 acre Tuckurimba farm currently growing soya beans and sugar cane as suitable for macadamia. 

Jonathan Chancellor

Jonathan Chancellor

Jonathan Chancellor is one of our authors. Jonathan has been writing about property since the early 1980s and is editor-at-large of Property Observer.

Tags: 
Rural Sale Macadamia Farm

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