Hobby farms for sale review
If you're looking to escape the crowded cities and take advantage of the remote working opportunities brought about by the COVID-19 pandemic, buying a hobby farm may be right for you. Hobby farms are blocks of land are primarily used for residential purposes. Farming may occur on the blocks but is usually conducted on a small scale, more as a recreation activity than for serious commercial gain. Farmbuy.com has a great selection of hobby farms for sale to choose from.
When you start looking for a hobby farm you need to make a short list of your key selection criteria. Be clear on the region, the climate, the acreage and the budget before you start your search. If you're a first-time farm buyer, be sure to check out our beginners guide to buying a lifestyle farm or farmlet for some helpful tips.
When you've begun looking, remember that hobby farms can be categorised under various different names. Many agents and vendors categorise these properties as a lifestyle farm or farmlet, so be sure to include these categories in your searches.
There are limitations on what you can earn for tax purposes from a hobby farm, so make sure you visit the ATO if you plan to produce anything in volume.
Below are some of our favourite Australian hobby farms for sale to help you get started!