Farmland values enjoy solid increases

THE value of land used for farming in Australia has increased for the fifth year in a row according to the latest Farmland Values report from Rural Bank.

Farmland values enjoy solid increases Farmland values enjoy solid increases Farmland values enjoy solid increases Farmland values enjoy solid increases Farmland values enjoy solid increases

Farmland values generally increased around Australia in 2018. Picture Mark Saunders.

The Rural Bank report showed in 2018 the median price per hectare of Australian farmland increased by 10.7 per cent in 2018 and noted over time the number of farmland transactions has declined.