South Australia: Australian Farmland Values 2017
About the report
The value of land underpins our farming businesses and rural communities. That’s why Rural Bank’s specialist insights division, Ag Answers, has again produced the Australian Farmland Values report for 2017.
South Australian farmland values increase substantially in 2017
The median value per hectare of South Australian farmland increased by 17.1 per cent in 2017, contributing to a state average annual growth rate of 6.3 per cent since 1998.
The report reveals a year-on-year increase of 16.8 per cent in the total number of farmland transactions completed across South Australia, as well as 46 and 80 per cent increases in the total area and value of landed traded, when compared to 2016.
In total, throughout 2017, an estimated 855 farmland transactions took place across the state in which approximately 324,000 hectares changed hands for close to $812 million.
Farmland values were driven up across all but one region of the state – the Eyre Peninsula – which experienced a 17.3 per cent decline in land values in 2017.
Visit the Australian Farmland Values page to view the national report.