Working on our dream

2 posts / 0 new
Last post
admin's picture
Online
Last seen: 14 min 46 sec ago
Joined: 28/02/2011 - 2:19pm

Hi Adrian,

Welcome to the small farms forum and thanks for the question.

Please see answers below to your questions:

- Start Up training courses or guides. TAFE (or the equivalent in Victoria) often run short farming courses
- People's experiences on property selection. Below are the criteria which I suggest you consider, we also offer pre-purchase farm inspections

  • Water resources
  • Legal requirements
  • Land capability
  • Fencing & likely costs
  • Declared weeds
  • Soil management
  • Stocking rates
  • Pasture quality and grazing management
  • Native vegetation
  • Machinery & farm infrastructure requirements

- Choosing your niche markets. I would sonsider value adding a product rather then a niche market, there are a number of niche markets which are now over supplied.
- Choosing the crops and livestock based on location. This will depend on the geography, rainfall (winter or summer dominant and soil type. 
- Financing (I think though we will be mortgage free). As a rough rule of thumb, if the land area is <50ha it can usually be financed as a home loan and you can borrow up to 80% without mortgage insurance. If the land area is >50ha it will need to be financed as a business loan and you can usually borrow up to 60-70%. Please check with your bank of choice as it does vary.
- Leasing land for livestock grazing. It is an option particularly if you lease some land next to where you have purchased to make the management of the livestock easier.

I hope this has been of assistance.

Regards,
Charlie

Log in or register to post comments
Topic Replies Last postsort ascending Forum
Normal topic New member
by nomad on Fri, 03/11/2017 - 8:36pm
1 by charlie
Tue, 14/11/2017 - 5:04pm
New Members
Normal topic URGENT! dying lamb in our loungeroom!
by Querencia on Sat, 21/10/2017 - 9:35pm
5 by barb
Tue, 14/11/2017 - 1:39pm
Farming Help
Normal topic Moving on
by Sharonp1953 on Tue, 01/08/2017 - 10:30am
3 by Sharonp1953
Wed, 08/11/2017 - 9:58pm
New Members
Normal topic My farming story from the beginning
by Stevecz77 on Wed, 08/11/2017 - 9:19am
by Stevecz77
Wed, 08/11/2017 - 10:03am
Farming Help
Normal topic Dreaming of the country life
by beejay on Tue, 31/10/2017 - 11:31pm
1 by charlie
Tue, 07/11/2017 - 4:45pm
New Members
Normal topic Blackberries
by Crockett on Fri, 27/10/2017 - 10:38am
1 by barb
Tue, 07/11/2017 - 10:56am
General Forum
Normal topic Boom Spray Advice
by Robbie936 on Sat, 21/10/2017 - 6:05am
2 by Robbie936
Fri, 03/11/2017 - 5:46am
Farming Help
Normal topic Spraying Smartweed in Kikuyu/Paspalum Pastures
by cowbloke on Sat, 14/10/2017 - 8:51pm
4 by cowbloke
Wed, 18/10/2017 - 8:18pm
Farming Help
Normal topic Cattle farmer Mid North Coast NSW
by cowbloke on Sat, 14/10/2017 - 8:43pm
2 by cowbloke
Wed, 18/10/2017 - 3:03pm
New Members
Normal topic Feeding jacaranda tree to sheep
by admin on Mon, 09/10/2017 - 9:16am
1 by admin
Tue, 17/10/2017 - 2:52pm
Farming Help

Our Sponsors

Our Partners

Become a Farmstyle sponsor

Includes site wide company logo, priority directory listing, facebook shout-out and more. Only $24.50 per month.

Complete your business details and purchase a sponsorship position.