Farmland prices have plateaud: Ray White

www.greenstreetnews.com

Australian farmland values have plateau after ticking up just 2% in 2024 to $9,600/ha following years...

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Five of the seven states last year saw farm values increase, led by Western Australia (18.7%)...

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Tasmania still has the highest rural land prices at over$18,000/ha, while the Northern Territory...

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Traditional cropping land declined 3.8% nationally, while dairy farming, typically a stable sector...

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If rates fall meaningfully over the coming months, we could see transaction volumes recover well before prices...

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