Guide To Cheapest Farm Land For Sale Australia

Australia's Cheapest Farm Land For Sale Revealed

The north-west NSW town of Bourke is the cheapest place to buy farmland for sale in Australia, according to the 2022 Rural Bank Farmland Values Report.

The report found the median price of farmland for sale in Bourke was $103/ha in 2021, up a cumulative average (CAGR) of 5.3 per cent over the past five years but still substantially below the state average of $6,339/ha.

Queensland

The north-west Queensland town of Richmond is the cheapest place to buy farmland for sale in the state, according to the 2002 Rural Bank Farmland Values Report.

The central-west and south-west regions of Queensland offer the cheapest farm land for sale in the state

Almost 500km west of Townsville and 406 kilometres east of Mount Isa, the median price of farmland for sale in Richmond was $120/ha in 2021, up a cumulative average (CAGR) of 19.2 per cent over the past five years.

To find out the 5 cheapest places to buy farms for sale Queensland.

New South Wales

The north-west NSW town of Bourke is the cheapest place to buy farmland for sale in the state, according to the 2002 Rural Bank Farmland Values Report.

The cheapest farm land for sale in New South Wales is in the western parts of the state

Almost 800km north-west of Sydney on the south bank of the Darling River, the median price of farmland for sale in Bourke was $103/ha in 2021, up a cumulative average (CAGR) of 5.3 per cent over the past five years but still substantially below the state average of $6,339/ha.

To find out the 5 cheapest places to buy farms for sale New South Wales.

Victoria

Mildura is the cheapest place to buy farmland for sale in the state, according to the 2002 Rural Bank Farmland Values Report.

The north-west region is the home of the cheapest farm land for sale in Victoria

Located in north-west Victoria, the regional city offers the most inexpensive farmland in the state with a median price of $1,753 per hectare (and a cumulative average growth rate of 5.6 per cent over the past five years).

To find out the 5 cheapest places to buy farms for sale Victoria.

South Australia

The Flinders Ranges is the cheapest place to buy farm land for sale in South Australia, according to the 2022 Rural Bank Farmland Values Report.

The Eyre Peninsula offers among the cheapest farm land for sale in South Australia

Starting about 200km north of Adelaide and stretching for over 430km from Port Pirie to Lake Callabonna, the median price of farm land for sale Flinders Ranges was $683/ha in 2021, down a cumulative average (CAGR) of 9.4 per cent over the past five years but up an average of 7.7 per cent over 10 years.

To find out the 5 cheapest places to buy farms for sale South Australia.

Western Australia

The Shire of Yilgarn in the eastern wheatbelt region is the cheapest place to buy farm land for sale in Western Australia.

The wheat-belt region is home to the cheapest farm land for sale in Western Australia

Located about 400 kilometres east of Perth, the median price of farm land for sale in the mining and farming region was $424/ha in 2021, down a cumulative average (CAGR) of 0.6 per cent over the past five years.

To find out the 5 cheapest places to buy farms for sale Western Australia.

Tasmania

The central east coast region of Glamorgan-Spring Bay is the cheapest place to buy farmland for sale in Tasmania, according to the recently released 2002 Rural Bank Farmland Values Report.

The Central Highlands rural district offers cheap farm land for sale in Tasmania

Comprising the towns of Bicheno, Orford, Triabunna and Swansea, the median price of farmland for sale in the region was $3,174/ha in 2021, down a cumulative average (CAGR) of six per cent over the past five years – though up 9.1 per cent CAGR over the 10-year period.

To find out the 5 cheapest places to buy farms for sale Tasmania.