Farmland values continue to rise

THE median price of Australian farmland increased by 13.5 per cent in 2019 - the sixth consecutive year of growth - according to Rural Bank’s annual Australian Farmland Values 2020 report.

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The value of farmland has performed well in 2019. Picture Mark Saunders.

The annual report said the median price per hectare of Australian farmland was $5271, bringing the 20-year compound annual growth rate to 7.5 per cent.

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