Permanent Water Entitlement in Victoria

Agribusiness Water Advisory and Transaction Services is pleased to present for sale by Auction 1043.30 ML of High Reliability 1A Greater Goulburn Permanent Water Entitlement. For transfer in one unique Water Entitlement Entity (WEE) Holding, the scale of this water license presents a rare opportunity to purchase entitlement to support irrigation in the Goulburn Valley region, an area highly regarded for horticultural pursuits. This substantial water entitlement of over 1000 megalitres of Goulburn Murray 1A zone can be supplied via channel system or as a private diverter subject to approval. The valley is renowned for its free draining sandy loam soils complemented with a Mediterranean climate and is strategically located in one of Australia’s key horticultural regions. For Sale by Online Auction opening 10am (AEDT) on Thursday 10th October 2024 on SOLDONLINE. For further information and to register as a bidder, please contact the agent. Quote: Matthew Tolmachoff “Market interest and prices for permanent water entitlements are beginning to gain momentum as interest rates stabilise in the second half of this year. The investment sector is coupling banking analysts’ prediction of lower rates next year, with a strong stable BOM weather forecast when assessing the opportunity to invest in water. Ultimately, an investment in water prior to the announced Commonwealth buyback program taking full effect will take advantage of a long-term repositioning of increased demand for limited supply of water licenses.”