Interesting with all the big “Corporates” investing in low maintenance, big acreage properties in the North and in the West.

Amongst these are also Dubai based companies who are involved with the purchase of properties such as Tipperary and Litchfield. Property values in the Northern Territory have ranged between $5,000 to $10,600 per square kilometre bare, showing the demand, the likes of Tipperary are valued at $21,925 per square kilometre bare.

The overriding importance of return is now coming to the fore. The idea of properties surviving on Capital Growth alone is still quite prevalent, but they are also looking for a reasonable return. Reports are starting to show that maybe there could be a levelling out of large property prices in the future.

Or maybe the “big boys” know something about the cattle industry, especially pertaining too grass fed cattle, which we have not worked out yet.