Skip to main content

Australian Farmland Values

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.

Select your state from the map or select your state link below

Cover of the National Farmland Values Report 2020.

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).

Load video
Cover of the National Farmland Values Report 2020.

Want more information?

Rural Bank recognises the importance of relevant information to enable sound business decision-making. To view our other reports please visit our Publications page. You can also receive reports direct to your email by subscribing to Rural Bank Insights.

View other Farmland Values reports

New South Wales Fields Landscape
New South Wales Review 2020
View the New South Wales 2020 report summary or download a copy of the full report.
Northern Territory Review 2020
View the Northern Territory 2020 report summary or download a copy of the full report.
Queensland Review 2020
View the New South Wales 2020 report summary or download a copy of the full report.

Feedback

Rural Bank - A Division of Bendigo and Adelaide Bank Limited
© Copyright 2020 Rural Bank | ABN 11 068 049 178 | AFSL/Australian Credit Licence 237879