Farmland demand up despite drought pressure on ag investment earnings

Andrew Marshall
Updated October 17 2018 - 2:05pm, first published October 16 2018 - 6:30am
FarmBuy Real Estate
Rabobank analyst Wes Lefroy, says Australian median farmland prices hit $2278 a hectare early this year after compound annual growth of 2.5 per cent for the past decade.
Rabobank analyst Wes Lefroy, says Australian median farmland prices hit $2278 a hectare early this year after compound annual growth of 2.5 per cent for the past decade.

Bullish farmland demand continues to defy the drought’s impact on primary producer incomes, with the value in owning permanent horticulture farms really starting to shine as the big dry threatens to get drier this summer.

Andrew Marshall

Andrew Marshall

National agribusiness writer

Andrew Marshall is the group agribusiness writer for ACM's state agricultural weeklies and websites. He is a former editor at The Land and has worked in various Rural Press group roles in Canberra, North Richmond (NSW) and Toowoomba (Qld).

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