Wilks Water, Water Auction
The 2015 Water Auction held Friday (8th May) at Riverina Field Days was a success.
Tom and the team sold in excess of 12,000/ML of water to local and interstate buyers with bidders coming from as far as Adelaide and Brisbane to take part in the auction.
Water Auction Results
| Megalitres Sold |
Average Price | ||
| Supplementary Permanent | 1059 | $376.96 | |
| Supplementary Temporary | 689 | $8.00 | |
| Forward Water | 2368 | $150.36 | |
| Temporary Surface Water | 3860.5 | $123.17 | |
| Carryover Capacity | 3275 | $22.67 | |
| Permanent Surface Water | 898 | $1554.34 | |
| Permanent Groundwater | 10 | $850.00 |
Following trend from last year, water parcels that were passed in at auction are now receiving a lot of inquiry, with most water expected to be sold by the end of the week.
Strong demand for permanent entitlements means we are now seeking parcels of permanent General and High Security water for sale. This shortage in supply is resulting in sellers achieving record prices for water sales in the Murrumbidgee Irrigation area and Murrumbidgee River.
To list your water for sale, call the Wilks Water team on 0269 318 522 or email water@wilkswater.com.au
Thanks goes to Peter Overs Water Broker/Griffith, Neville Allen Stock & Station Agent, Ian Macleod of Hay Real Estate, and to Dan McGreal and Leonie Meginley from Yenda Prods Co-operative Spencer & Bennett for their assistance on the day.
Also a huge thank to all that shown interest in the Wilks Water, Water Auction.
Tom Wilks
0428 694 608
