Comments by "Helmuth Schultes" (@helmuthschultes9243) on "American Reacts to Single Australian Farm That’s Bigger Than 49 Countries" video.
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A lot of inland Australia has never been up for actual sale, only for Lease Holding. Typical I believe are 99 years leases, with entitlement to extend over anyone else, so unlikely to change hands unless the current holder wants out.
A lot of large properties have changed hands (lease holder) in the past 20+ years. One very large holder of several large NT leases is a British Lord, another is Gina Reinhart, who inherited major Iron mines in WA. Others that have taken some big properties lease and purchases included are some big Chinese holdings who also own some major water rights that are being strongly fought, as the Chinese operations are preventing significant natural river waterflow and holding other properties to ransom, offering to buy out others.
Many of the big properties are so large, it is use of light aircraft making visits to neighbours or near towns, as driving can be days for trip turn around. Imagine telling your wife you expect to be back by tomorrow evening, from getting the mail from the mailbox, or back from saying hello to the neighbour in two days.
Many original large properties for example Wavehill Station in NT have been broken apart to some extent and been returned to Native Title, returned to Aboriginal local tribe to manage.
The big areas are definitely needed as number of stock is often many square miles per head of stock. Land shared by the stock, Kangaroos, EMUs, Camels and more.
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