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Victoria

Victoria: 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.

Victorian farmland values grew in 2018

Overview for Victoria:

  • The median price per hectare in Victoria increased by 14.1 per cent in 2018, resulting in the third year of consecutive growth.
  • The estimated number of farmland transactions in 2018 was 1,681, a decrease of eight per cent compared to 2017.
  • The area of farmland traded across Victoria in 2018 was approximately 198,000 hectares, a decrease of 21.6 per cent compared to 2017.
  • The total value of Victorian farmland traded in 2018 was approximately $1.1 billion, a decrease of 9.4 per cent compared to 2017.
  • Gippsland saw the largest year-on-year increase in median price per hectare up by 15.2 per cent, closely followed by the South West with a growth of 13.3 per cent.

(PDF, 3.1MB)

Visit the Australian Farmland Values page to view the national report.

 

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