This avocado farm at 822 Tagigan Rd, Wolvi, has sold for $785,000.
This avocado farm at 822 Tagigan Rd, Wolvi, has sold for $785,000. realestate.com.au

A home + smashed avo? These two bought an avocado farm

ONE young couple has figured out how to buy a house and still have their avo toast - buy an avocado farm.

A 675-tree avocado orchard, known as Sweet Haven, in the Fraser Coast hinterland has sold under the hammer for $785,000, according to realestate.com.au

The 17ha property at 822 Tagigan Rd, Wolvi, also comes with a three-bedroom homestead, a packing shed, a stone and timber garage, an early squatter-style shed and three dams.

And it's just 40 minutes from the trendy beachside hub of Noosa.

Not bad compared to the big smoke prices of Brisbane, Sydney and Melbourne.

This avocado farm at 822 Tagigan Rd, Wolvi, has sold for $785,000.
This avocado farm at 822 Tagigan Rd, Wolvi, has sold for $785,000. Ray White Rural Qld

Ray White Rural Queensland director Jez McNamara said the hype around smashed avocado and housing affordability had contributed to the interest in the property.

"It helped with all the press around about avo on toast," he said.

Mr McNamara said the property attracted more than 100 inquiries and 32 inspections, which was "phenomenal for the type of property it is".

"Normally you'd be lucky to get 40 inquiries on a property like this," he said.

This avocado farm at 822 Tagigan Rd, Wolvi, has sold for $785,000.
This avocado farm at 822 Tagigan Rd, Wolvi, has sold for $785,000. Ray White Rural Qld

There were six registered bidders at the auction, including one from Singapore and one from Hong Kong, but the winning bidder was a young couple with two young children.

"They're looking to live there and expand the avocado farm," Mr McNamara said.

He said the sellers had lived in the property for 38 years and built the homestead from timber grown on the land and locally sourced stone.

The new owners won't have to settle for just any type of avo on toast, with the property including five varieties - Shepherd, Haas, Fuerte, Sharwill and Wurtz, along with other fruit trees including mango, orange, mandarin, lychee and pawpaw.

 

This avocado farm at 822 Tagigan Rd, Wolvi, has sold for $785,000.
This avocado farm at 822 Tagigan Rd, Wolvi, has sold for $785,000. Ray White Rural Qld

The first links between Australia's housing affordability and smashed avo breakfasts came to light when demographer Bernard Salt famously wrote about it in a column last year.

This was followed recently by comments from richlister Tim Gurner, who inferred young people needed to curb their consumption of smashed avocado if they wanted to own a home.

The topic has even prompted one Brisbane developer to offer free avo on toast for a year with the sale of a townhouse.

News Corp Australia


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