In outback Australia, years of drought have left many rural properties "flogged out" or degraded, but experts say they are now set to skyrocket in value due to their carbon potential.
Carbon farming, a practice that focuses on destocking land to regenerate bush to store or sequester carbon, is an important pillar of efforts to reduce greenhouse gas emissions.
Tim Lane, national client manager at property valuers Herron Todd White, said degraded land would be of greater interest to investors than well-maintained properties.
