PAM WALKLEY REAL ESTATE
It might come as a bit of a surprise but, according to the Rural Bank's Australian Farmland Values 2023 report, Australian agricultural land has been a strong long-term performer, with the national median price for farmland rising by an average 8.5% a year in the 20 years to 2023. It has outperformed the S&P/ASX 200 and residential property over one, five, 10 and 20 years.
“While farming is a volatile industry beholden to the cycles of the weather and global markets, the value of farmland has proved to be resilient over the past few decades,” says Michael Curtis, senior agricultural analyst with Rural Bank. “Not only have
