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Rainfall attracts buyers to Qld

Matthew Cranston

More than $70 million worth of large-scale rural properties have sold in central Queensland recently, defying the traditionally slow winter selling period.

Prices have held up on the back of positive sentiment about the impact of climate change on the area amid greater demand for properties with reliable water supplies.

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Matthew Cranston was The Australian Financial Review’s United States correspondent.

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    Original URL: https://www.afr.com/property/rainfall-attracts-buyers-to-qld-20080825-j8ahg