Farmland value takes a breather after 12 years of growth
In both good seasons and bad there has been uninterrupted growth in farmland prices but that is all about to change Anyone looking to buy a farm over the past 12 years is well aware how the value has increased each year, even in some difficult seasons. The price escalated and it has been constant. […]
Strong growth for broadacre farmland prices results in assets almost doubling since 2020
The average price of broadacre farmland per hectare has almost doubled over the last three years, increasing by 93% from 2020 to 2023. Recent growth in farmland prices has been extraordinary, and likely reflected a combination of factors including low-interest rates, recent good commodity prices and seasonal conditions, and increased demand for land in general. […]
Farmland value continues its upward spiral supported by above average rainfall
Industry watchers expect farmland value to keep increasing but may peak in 2023 with the driving forces of high commodity prices and plentiful rainfall still in force The most recent report released on farmland values has reiterated how strong growth maintained its momentum in 2022 as the tightening supply of properties available shrugged off any […]
Agricultural land set for another year of double digit growth predicts Rabobank
Farmers have never had it so good following a year where agriculture land has already increased by 78% in some regions that growth is expected to continue according to a Rabobank report The price of Australian farmland is set to record another year of “double digit growth” in 2022, agribusiness banking specialist Rabobank says in […]