Understanding farming’s most valuable asset is important to everyone in agribusiness, especially Australia’s farmers.
About the report
The Australian Farmland Values report tells the story of national and regional farmland performance over the past 25 years.
The links below show the median price per hectare year on year change. Click on your state to view details.
Australian Farmland Values 2020 report
The median price per hectare of Australian farmland increased by 13.5 per cent in 2019 to $5,271 per hectare. This marks the sixth consecutive year of growth, bringing the 20-year compound annual growth rate to 7.5 per cent.
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.
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 copy of the National Australian Farmland Values report, please complete our online feedback form.
Launch event webinar
View our 60 minute launch event webinar hosted by Leigh Radford (former Head of ABC Rural). Our panel of industry experts discuss the changes and trends in farmland value and reflect on the relative stability of Australian agriculture. You'll hear from Alex Gartmann and Will Rayner (Rural Bank) together with Tom Russo (General Manager Elders Real Estate).