Internet Banking

Australian Farmland Values

Australian Farmland Values

About the report

Understanding farming’s most valuable asset is important to everyone in agribusiness, especially Australia’s farmers. The Australian Farmland Values report tells the story of national and regional farmland performance over the past 24 years.

Click on the map below to view details for your state.

Australia Map Summary

View your state summary:  SA  l Vic  l Tas  l NSW  l Qld  l WA  l NT

Australian Farmland Values 2019 report

The median price per hectare of Australian farmland increased by 10.7 per cent in 2018, marking the fifth consecutive year of growth.

Over time, we are seeing the number of farmland transactions decline. This may mean opportunities to expand become less frequent as fewer properties come on the market. Tightening access to suitable parcels of land, and increased competition for fewer parcels will play a role in driving increased values.

Across Australia the number of transactions declined 9.5 per cent year-on-year to 8,250 and saw a total of 8.7 million hectares of land transacted with a combined value of $8.99 billion.

Keeping in-line with the long-term trend, we expect farmland values will continue to rise, underpinned by strong demand for agricultural assets and increasing profitability of farming operations in an environment of low interest rates and strong commodity prices.

If you would like a hard copy of the report, please fill in the form below.

View your state summary
- South Australia
- Victoria 
- Tasmania 
New South Wales 
- Queensland 
- Western Australia 
- Northern Territory 

Want more information?

Rural Bank recognises the importance of relevant information to enable sound business decision-making. To view our other reports please visit our Insights page. You can also receive reports direct to your email by subscribing to Rural Bank Insights.

Feedback/request a hard copy

If you have any questions and/or feedback about the report or would like to request a hard copy, please fill out the form below. If you are requesting a hard copy of the report, please enter your address in the message/address text field.