Connect with us

Local News

Farmland values on the march | The Macleay Argus



farm, value, price, rise, Rural Bank, land

THE MEDIAN price per hectare of Australian farmland increased by 12.9 per cent in 2020 – the seventh consecutive year of growth – according to Rural Bank’s annual Australian Farmland Values 2021 report. For the first time in 15 years, all Australian states experienced growth in median price per hectare, demonstrating the resilience of farmland values through events as significant as the COVID-19 pandemic. Tasmania pushed further into record growth territory (25.3 per cent growth in 2020), followed by Western Australia (19.3 per cent), NSW (15.6 per cent), Queensland (11.8 per cent), South Australia (10.9 per cent) and Victoria (6.9 per cent). These extraordinary increases were despite a 14.5 per…

Click here to view the original article.

Continue Reading

You might also like ...

Connell Park is currently OPEN for all games tomorrow. For all other field updat…
Serial killer Reginald Arthurell, now known as Regina Kaye, moved from Sydney retirement home