In 2022, Tasmania recorded the highest average price for farmland in Australia, at 22.8 thousand Australian dollars per hectare. According to the source, the demand for Tasmanian farmland exceeded the supply, leading to high prices.
Median price per hectare of farmland in Australia in 2022, by state
(in Australian dollars)
Characteristic
Price per hectare in Australian dollars
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Rural Bank. (May 15, 2023). Median price per hectare of farmland in Australia in 2022, by state (in Australian dollars) [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/1385633/australia-farmland-price-per-hectare-by-state/
Rural Bank. "Median price per hectare of farmland in Australia in 2022, by state (in Australian dollars)." Chart. May 15, 2023. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/1385633/australia-farmland-price-per-hectare-by-state/
Rural Bank. (2023). Median price per hectare of farmland in Australia in 2022, by state (in Australian dollars). Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/1385633/australia-farmland-price-per-hectare-by-state/
Rural Bank. "Median Price per Hectare of Farmland in Australia in 2022, by State (in Australian Dollars)." Statista, Statista Inc., 15 May 2023, https://www.statista.com/statistics/1385633/australia-farmland-price-per-hectare-by-state/
Rural Bank, Median price per hectare of farmland in Australia in 2022, by state (in Australian dollars) Statista, https://www.statista.com/statistics/1385633/australia-farmland-price-per-hectare-by-state/ (last visited August 24, 2024)
Median price per hectare of farmland in Australia in 2022, by state (in Australian dollars) [Graph], Rural Bank, May 15, 2023. [Online]. Available: https://www.statista.com/statistics/1385633/australia-farmland-price-per-hectare-by-state/