Regional & Rural Market Review

IT WAS ONCE THE “RING OF STEEL”, NOW IT’S THE “RING OF GREEN”

Got aspirations of securing a weekend retreat with a nice residence within an hour of Melbourne?

You better get cracking!

The Victorian Government has just released its ‘Planning for Melbourne’s Green Wedges and Agricultural Land’ report, which contains significant amendments to Victoria’s planning scheme.

One of the most significant changes will be a ban on construction of residential dwellings on land less than 40 hectares (100 acres in the old money) within farming (FZ) and rural activity zones (RAZ) within a 100km radius of Melbourne.

For fair reason, this strategy will help protect farmland around the fringe of Melbourne, which currently provides Melburnian’s with around 80% of their vegetable intake (among other fresh food produce).

So, what impact will this change have on the value of land up to 40 hectares with a single dwelling within the “Ring of Green”?

With no chance of further approvals for new dwellings on farming and rural activity land within 100km of Melbourne, we now have a cap on property stock in a sector that is well sought. Consequently, it’s my view this planning scheme change will see the value of property in the sector rise significantly over coming months.

Get into the “Ring of Green” while you can!

To download a copy of the Government’s report please >> click here.

Happy Easter.

Yours faithfully,

Jason Hellyer

Mobile: 0403 043 571

SEEKING A CAREER IN RURAL AND REGIONAL REAL ESTATE? CONSIDER US!

Want to be part of something big? Love the Regional Country Lifestyle? Then we’d love to hear from you!

Ray White Rural Victoria is a specialised real estate business within our Victorian network that markets and sells high-value, premium quality country lifestyle, farm and agribusiness property across the state.

With a significant uplift in property coming to market in these sectors, we’re keen to identify experienced licensed real estate agents to service the demand on behalf of Ray White Rural Victoria across places like the Goulburn Valley and Mornington Peninsula regions.

Backed by Australia’s largest and most trusted real estate brand, Ray White, you’ll be inducted into a business that provides industry leading property marketing, technology, training and administrative support to keep you ahead of the game.

To learn more about Ray White and this exciting Ray White Rural Victoria opportunity, contact Jason Hellyer on 0403 043 571 or >> click here.

And don’t forget, if you’re considering selling or buying (or even both) at some stage in 2023, please feel free to contact me or our experienced Ray White Rural Victoria team at any time for a free property appraisal.

GET YOUR PROFILE UP TO DATE!

In addition to following our social media channels, it’s important to keep your Ray White Rural Victoria profile up-to-date. Buyer demand is still far outweighing supply, and many rural and regional properties are currently being sold off market and without advertising. So it’s critical that your contact details are as current as possible so we can keep you fully informed. Those details should include:

• Your first and surname;
• Your address;
• Your mobile and/or work phone numbers; and
• Your email address.

To update your profile please >> click here.

Jason Hellyer
Managing Director
Ray White Rural Victoria

‘Off Market’ property available right now

We have a selection of quality Country & Coastal Lifestyle ‘Off Market’ property property to choose from, most within close proximity to Melbourne. To view these properties please >> click here.

Transaction case studies

To view a selection of Victorian transaction case studies please >> click here.

Request a discreet property appraisal

We would be delighted to provide you with a current property market appraisal. Please make contact with us by >> clicking here.