Working on our dream

2 posts / 0 new
Last post
admin's picture
Offline
Last seen: 16 hours 27 min 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 G'day from the Lower EP, Sth Aus.
by sahunter on Sun, 14/01/2018 - 6:26am
2 by sahunter
Sun, 21/01/2018 - 11:53pm
New Members
Normal topic Property Insurance
by hlcrouch on Tue, 05/12/2017 - 10:00am
4 by hlcrouch
Wed, 17/01/2018 - 9:12am
New Members
Normal topic Hi from QLD
by fazeraus on Tue, 09/01/2018 - 5:01pm
3 by fazeraus
Fri, 12/01/2018 - 2:51pm
New Members
Normal topic Using above ground blue line pipe in cold climate
by greggy on Thu, 11/01/2018 - 12:29am
3 by rolly @ fi
Fri, 12/01/2018 - 2:15pm
Farming Help
Normal topic Pest removal
by bushtucka95 on Wed, 27/12/2017 - 4:14pm
by bushtucka95
Thu, 11/01/2018 - 2:46pm
Other things
Normal topic Sheep / Laying Hen recommendations
by fazeraus on Tue, 09/01/2018 - 5:20pm
4 by greggy
Thu, 11/01/2018 - 2:33pm
Farming Help
Normal topic Best way to graze paddocks?
by cletus on Tue, 28/02/2017 - 10:39am
2 by greggy
Thu, 11/01/2018 - 12:08am
Farming Help
Normal topic Setting up new farm
by Sheep wash farm on Mon, 20/11/2017 - 1:37pm
1 by fazeraus
Tue, 09/01/2018 - 5:12pm
Farming Help
Normal topic Want to begin Sheep Farming
by ashaduzzaman977 on Wed, 20/12/2017 - 11:52am
1 by admin
Thu, 04/01/2018 - 12:48pm
Farming Help
Normal topic Dying goats
by hairy goat on Sat, 30/12/2017 - 8:37pm
3 by barb
Tue, 02/01/2018 - 4:52pm
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.