A number of high-value sales of dairy operations recently shows the market is going strong, says Conrad Wilkshire, Property Brokers' general manager of rural.
"The exciting thing about those sales is they were sold to proven long-established dairy operators in that area, so that is a good indicator," Wilkshire said.
"We haven't seen that in a while."
Wilkshire spoke to Rural Today to give an update on the rural property market.
He said the sales show "the cash returns in dairy, particularly, at the moment are the best they've been in a very long time".
Listen to the full update with Wilkshire.
This article was created for Property Brokers.
Rural Today with Dominic George weekdays from 5am on Magic Talk.