Northern Territory Review 2020
Northern Territory Review 2020
The median price of farmland in the Northern Territory declined by 53.9 per cent in 2019. This followed an increase of 135.5 per cent in 2018.
The movement in the Northern Territory median price is largely a factor of the mix of properties sold between the two distinct categories of land types and the low number of transactions, more so than a change in the market.
To view the performance of other states visit the Australian Farmland Values page. 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).
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.
Australian Farmland Values
Related Articles
Victorian Review 2020
New South Wales Review 2020
