New data confirms broadacre farmland prices have levelled off

News Environment Reports

Date: 26th Mar, 2025 Source: Department of Agriculture, Water and the Environment (DAWE) Country: Australia Original Source

Brief

On 26/03/2025, the Department of Agriculture, Water and the Environment (DAWE) issued an update regarding New data confirms broadacre farmland prices have levelled off. The average price per hectare of national broadacre farmland has plateaued in 2024 after a decade of strong growth, with the ABARES Farmland Price Indicator revealing flat results. Average annual price growth was lowest for hobby and sugarcane farmlands over the past 10 years, at 4.1% and 6.2% respectively.

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Department of Agriculture, Water and the Environment (DAWE)

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New data confirms broadacre farmland prices have levelled off

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New data confirms broadacre farmland prices have levelled off

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Department of Agriculture, Water and the Environment (DAWE)

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