Tasmania: 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.
Tasmanian farmland values decreased in 2018
Overview for Tasmania:
- The median price per hectare of farmland in Tasmania declined by five per cent in 2018, following strong growth of 19.3 per cent in 2017.
- An estimated 30,316 hectares of farmland was traded in 2018, an increase of 9.7 per cent compared to 2017.
- The total value of farmland traded in 2018 was $221.4 million, a decrease of 4.6 per cent compared to 2017.
- The Northern region experienced the largest decline in median price per hectare, recording a 27 per cent decrease compared to 2017.
Visit the Australian Farmland Values page to view the national report.
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