What factors are considered in a rural property valuation?

Valuers consider a wide range of factors when preparing a rural or agricultural land valuation, including:

• Location and land use
• Soil quality and topography
• Access to water and irrigation infrastructure
• Type and productivity of agricultural activity
• Improvements such as fencing, sheds, housing or grain storage
• Water licences or entitlements
• Recent local sales and rural market trends
• Zoning, planning constraints and land tenure