Double-digit increase for Wentworth Shire land values

LAND values in the Wentworth Shire soared last year, driven by lifestyle change-seekers and strong commodity prices in the rural sector.

NSW Valuer General figures published this week revealed residential land values in the shire on July 1 last year were up 15.8 per cent on 12 months earlier.

Elstone Real Estate director Tim Elstone has seen a turnaround in rural land values in the Wentworth municipality.

Elstone Real Estate director Tim Elstone has seen a turnaround in rural land values in the Wentworth municipality.

Rural land values increased by 37.3 per cent and industrial by 22.2 per cent.

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