Favourable property market conditions continue in Echuca

Favourable conditions in the rural property market continue in Echuca, with multiple transactions of local cropping and grazing holdings (according to a recent report by HTW.

HTW said there has been some increase in activity for horticultural holdings at levels which suggest some return to confidence albeit only for orchards featuring modern varieties which have been well managed.

"Interestingly the dairy industry has shown some activity though there have been relatively few larger scale transactions.

"Recent release of 2017/18 farm gate milk prices are closer to the long term average for most processors and it will be interesting to see what effect this price signal sends to the broader real estate market. 

A 7 acre property on Mathews Road, Echuca is currently listed for $700,000.

The property, named Valhalla, features a short term and holiday rental, “Annie’s Cottage” circa 1845 as well as a 4 bedroom home with, 2 bathrooms, plenty of shedding, 2 paddocks and stables for pets.