Western Australia: 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.
Western Australian farmland values increased slightly in 2018
Overview for Western Australia:
- The median price per hectare in Western Australia increased by 3.8 per cent in 2018, following a 6.5 per cent decline in 2017.
- The estimated number of farmland transactions increased in 2018, up by 9.1 per cent.
- The area of Western Australian farmland traded in 2018 was approximately 522,000 hectares, an increase of 8.2 per cent compared to 2017.
- The Northern region recorded the largest growth of 34 per cent in the median price per hectare, while the Eastern region fell 12.3 per cent when compared to 2017.
Visit the Australian Farmland Values page to view the national report.
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