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.
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.
Rabobank expects farming land values to remain at elevated levels.
Farmland values enjoy solid increases
