Ja, not bad, but those are beeeg farms.C Africa wrote: ↑Sun Aug 02, 2020 7:36 amSwartbok, while that is a great area, I am of the opinion that property prices are over inflated there. Prices run at R10 000 to 12 000 per ha.
Have a look at this, in the Kenhardt area:
Prices below R1000 per ha.
The difference in carrying capacity doesn't make up for that difference in price.
10 000ha. You’re going to need a couple of guys and maintenance material to run that place which translates to increased costs. It’s 10 000 ha worth of work.
I’m already in the Vaalwater area for a while now.
For me, it’s 2hr drive from Pretoria. In the heart of game animal territory, including the exotic type stuff. Therefore closer to the market, for game and cattle.
Remember transport is a big cost, in moving stock from your farm and also supplies etc. to your farm.
More of a weekend style place that can be run by less workers.
It’s close enough to Warmbaths, Nylsroom, Vaalwater etc. which is beeg area for Game and cattle auctions.
More rainfall also equals increased opportunity to plant feed, thereby increasing your carrying capacity.
You’ll have to manage what you buy to the best of your ability.
Yes it is expensive, but I’m under no illusion that farming activity alone will pay off capital and costs in a short time. (in general I think it’s very difficult to pay of land capital costs in a short to medium time frame with any farming) However with a bit of luck and if the market picks up again it might be very possible to make up costs and some profit. I think it’s why farming is a generational thing (long term).
If it’s pricey to buy it’ll be pricey for the next buyer to buy, also in times like these it’s usually the pricier items whose prices get slashed the most. With the travel and tourism industry (unfortunately) down and out at the moment you might likely find cheap stock to start off with.
For me however it’s about the bush and animals and not profit, but if I get a bit I appreciate it.
On top of that my place is situated next to a pass which was used by the Voortrekkers during the Great Trek and other historical events, so there’s a bit of history and good stories in there too. Lovely to tell while sitting around the fire and listening to the nightlife.
It all depends on what you want.