Explore The Best Farms For Sale In Tasmania

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Tasmanian farmland values rose for the third consecutive year to hit record highs in 2021 as the constrained supply of farmland and strong demand amidst an increased appetite for expansion supported land values, according to the 2022 Rural Bank Farmland Values Report.

This led to a 7.6 per cent rise in median price to $14,730/ha, further pushing farmland prices into record territory following the 25.3 per cent increase recorded in 2020. The increase in median price during 2021 came in well below the five-year CAGR of 11.2 per cent and is more in line with the longer-term 20-year CAGR of 8.9 per cent.

The growth in median price of Tasmanian farmland was observed across all regions of the state. South Tasmania recorded the largest increase in median prices as a drop off in transactions located within the lower-priced Central Highlands pushed the median higher.

Growth throughout the Northern and North West regions of 4.8 per cent and 7.8 per cent respectively were also recorded as strong seasonal conditions across much of the state left dairy and beef producers in a healthy position, resulting in increased demand for grazing land.

Above: King Island recorded a decline in the median price of farmland for sale, albeit off a low base of transactions

Flinders Island saw prices rise, though the small number of transactions recorded across the region has seen the median remain volatile over the last few years. King Island recorded a decline in median price, albeit off a low base of transactions.

Potential buyers had to complete for even fewer properties in 2021 in comparison to 2020 with the state-wide transaction volume falling 15.2 per cent to just 189 transactions, 18.1 per cent below the 10-year average. This is the fourth consecutive year that transaction volume across the state has declined.

The fall in transaction volume was seen across both the North West and South regions of the state. The North West region fell 19.3 per cent in 2021 while the South recorded a 40.7 per cent decline. The Northern region recorded a 9.3 per cent rise in transactions.

All up, an estimated 46,971 hectares of land was traded in 2021, a large jump from 2020 and the largest area of land sold across the state since 2008 when there were almost twice as many transactions recorded.

Above: Vineyard overlooking the Tamar River in Northern Tasmania - median prices in the region stablised in 2021

This increase in land traded, paired with an increase in farmland prices, saw the total value of farmland traded increase by 67 per cent to a record $536.9 million. Notably, the decline in transaction volume saw the proportion of transactions shift towards the higher end of the market in 2021.

The decline in lower-priced transactions and subsequent increase in higher-priced transactions was mainly driven by the Northern and North West regions while the South region saw the profile of transactions by price range shift away for the lower (under $4,000/ha) and higher (above $20,000/ha) price brackets and consolidate more towards the middling $4,000-$16,000/ha ranges.

Tasmanian farmland transactions reversed the trend seen in 2020 with a greater proportion of medium to large parcel sizes and fewer small parcel transactions.

Above: The Huon River in South Tasmania - the region recorded the largest increase in median price in 2021

The South, which recorded the largest increase in median price, saw a more mixed spread of transactions with a greater proportion of transactions within both the 15-40 hectare range and the larger than 120 hectare range while the 40-120 hectare segment saw fewer transactions in comparison to 2020.

Looking ahead to 2022, strong seasonal conditions and commodity prices are likely to ensure demand remains high, at least in the short term. A large number of buyers have also missed out on purchasing properties over the past two years due to the surge in values which should keep demand strong, particularly across the less expensive areas.

Underlying fundamentals are likely to place some pressure on values over the coming 12-24 months with rising interest rates and higher input costs likely to see some caution come into the market from prospective buyers.

Farms For Sale Tasmania: Northern Region

The median price per hectare of farmland in the Northern region of Tasmania – which includes Dorset, George Town, Launceston and Tamar West – stabilised to some extent in 2021, increasing by a healthy 4.8 per cent following substantial rises of 21 per cent and 26.1 per cent in 2020 and 2019 respectively.

These consecutive years of growth have pushed the five-year CAGR to 15 per cent with the 20-year CAGR now sitting at 8.9 per cent.

Above: Mount Roland in Northernn Tasmania - the median price per hectare of farmland in the region increased by 4.8 per cent in 2021

The majority of municipalities across the region recorded an increase in median price with only the Northern Midlands and Break O’Day municipalities seeing a decline due to a drop off in availability of smaller, more expensive land parcels. Launceston, Dorset and Georgetown were some of the best performing.

Buyer demand across the region remained strong with a 9.3 per cent increase in transaction volume throughout 2021 as existing landholders looked to cash in on the strong demand and high farmland prices.

This increase in transaction volume was skewed towards larger parcel sizes, which are typically priced at a lower price per hectare.

Click on the following link for farms for sale Tasmania Northern region.

Farms For Sale Tasmania: Northern West Region

North West Tasmania – encompassing Burnie, Devonport, Kentish, Latrobe, Meander Valley and Waratah-Wynyard – recorded growth in median price per hectare for the third consecutive year in 2021.

A rise of 7.8 per cent in 2021 saw the median price per hectare across the region reach $18,832/ha following a substantial jump of 26.7 per cent in 2020. This increase is in line with the five-year CAGR of 8.2 per cent.

Growth in median price per hectare was relatively consistent across the region with six out of the eight municipalities recording an increase. Only Circular Head and Kentish recorded year-on-year declines. 

Transaction volumes across the region fell 19.3 per cent in 2021. This follows a decline of 9.8 per cent in 2020, with the lack of farmland availability and strong demand, particularly from corporate buyers and large family farms, a key factor behind rising prices across the region over the past couple of years.

Above: Table Cape Lighthouse in North West Tasmania - region recorded growth in median price in 2021

The decline in transaction volume was concentrated on lower-priced transactions in 2021 with 40.6 per cent fewer transactions below $12,000/ha while transactions over $16,000/ ha fell by only 14.5 per cent compared to 2020.

Interestingly, the proportion of smaller properties traded also declined in 2021. Meanwhile, transactions within the 40-80 hectare range accounted for 41 per cent of regional transactions, up from 23 per cent in 2020.

Median price growth was recorded across all parcel size ranges, led by the 40-80 hectare range.

However, it is the largest parcel size range of over 120 hectares that holds the highest longer-term growth rates with a 10-year CAGR of 10.8 per cent.

Fewer transactions were recorded across all parcel size segments in the market but larger declines were seen in medium-sized transactions between 40-120 hectares.

Click on the following link for farms for sale Tasmania North West region.

Farms For Sale Tasmania: South Region

The South region of Tasmania – comprising Central Highlands, Derwent Valley, Glamorgan-Spring Bay, Huon Valley, Kingsborough, Sorell and Southern Midlands – recorded a rebound in the median price per hectare of farmland in 2021, rising for the first time since 2017.

Growth in the median price was at record levels in 2021, rising 50.9 per cent to $7,630/ha.

This was the largest year-on-year growth in median price seen across the region over the past 20 years in both dollar and percentage terms. Increases in median per hectare of farmland were recorded in six of the region’s 10 municipalities.

The number of transactions within the South region declined for the fourth year in a row with total transaction volume dropping 40.7 per cent to 32 in 2021, a record low for the region.

Above: Huon Valley highland longhair cattle - median price of farmland in the South region was at record levels in 2021

The drop in transactions was spread across most of the region with only the Derwent Valley, one of the higher-priced municipalities in the region, recording an increase in transaction volume.

The decline in transaction volume was primarily seen in the lower-priced transaction ranges.

Reduced supply of land contributed to all parcel size ranges recording considerable rises in median prices per hectare in 2021.

Unlike other regions in the state, the smaller parcel size ranges in South Tasmania have the highest longer-term growth rates with 10-year CAGRs of 7.5 per cent for 40-80 hectares and 4.4 per cent for 15-40 hectares.

Click on the following link for farms for sale Tasmania South region.

For those looking to buy farms for sale Tasmania, farmbuy.com has curated its favourite farms for sale Tasmania below. Or click on the following link to check out more than 240 farms for sale Tasmania.

Farms For Sale Tasmania: 43 Turkey Farm Road, Glengarry

‘Glen Acres’ boasts the lifestyle appeal of a rural retreat, the rewards of primary production and the convenience of easy access to Launceston.

Above: This farm for sale Tasmania comprises some 61.5 hectares of rolling pastures suitable for beef fattening

Some 61.5 hectares (152 acres) of rolling pasture surround a double brick four-bedroom, two-bathroom residence that’s an inviting modern interpretation of classic homestead traditions featuring wrap-around verandas and stunning outlooks over the entire farmland.

Above: This farm for sale Tasmania includes a four-bedroom residence that’s a modern interpretation of the classic homestead

The home’s 11kw solar panel system and Tesla battery storage reflect a progressive approach that’s enhanced by a double carport which is EV ready and features three-phase power.

Above: This farm for sale Tasmania has more recently delivered great returns as a pasture-based beef fattening property

Formerly a hazelnut farm, ‘Glen Acres’ has more recently delivered great returns as a pasture-based beef fattening property, specifically Black Angus. The farmland comprising 61.72 hectares includes some 2.8 hectares of 11-year-old hazelnut trees, 12.2 hectares of E. Globulus regrowth production timber, and the balance green perennial pastures.

Above: Formerly a productive hazelnut farm, this farm for sale Tasmania includes some 2.8 hectares of 11-year-old hazelnut trees

Over 1km of frontage to Tunks Creek complements ‘Glen Acres’, where 10 stock dams, efficient water courses and a 10-megalitre dam once dedicated to irrigation ensure a consistent supply of water while several substantial modern sheds illustrate impressive improvements.

Above: This farm for sale Tasmania includes 10 stock dams, efficient water courses and a 10-megalitre dam

The current vendors have also gone to the length of replacing two kilometres of boundary fencing with vermin-proof enclosures and 1.8 kilometres of internal fencing on the property.

Above: This farm for sale Tasmania boasts a machinery shed/hay barn, a double bay farm shed/workshop and a large storage shed

Cattle yards, a machinery shed/hay barn, a double bay farm shed/work-shop and a large storage shed that incorporates a commercial kitchen make the quality of this property abundantly clear.

Above: This farm for sale Tasmania is an irresistible opportunity to appreciate country life free from compromise

An established fruit tree orchard, vegetable plots, garden sheds and a rain water tank lead the long list of additional attractions that make ‘Glen Acres’ an irresistible opportunity to appreciate country life free from compromise, rich in character, comfort and convenience.

Click on the following link for more information on this farm for sale Tasmania at 43 Turkey Farm Road, Glengarry.

Farms For Sale Tasmania: 1555 Huon Highway, Lower Longley

Reconnect with the land and explore the endless possibilities for farming pursuits on this spectacular 14.5-hectare (36-acre) parcel of Tasmanian farmland.

Above: This farm for sale Tasmania features an orchard and rolling green paddocks plus park-like grounds along the creek boundary

Conveniently situated halfway between Huonville and Kingston, the farm for sale features an orchard and rolling green paddocks plus park-like grounds along the Fourteen Turn Creek boundary.

Above: This farm for sale Tasmania was originally a cherry farm and now features an orchard housing around 30 rows of trees

The solid 1960s cottage has undergone extensive renovations over the past year including a new kitchen and bathroom, double-glazed windows, new carpets and window furnishings, new wood heater and new instantaneous gas hot water system.

Above: This farm for sale Tasmania includes a solid 1960s cottage which has undergone extensive renovations over the past year

Originally used as a productive cherry farm, the orchard houses approximately 30 rows of trees boasting varieties such as Simone, Lapin, Sweet Georgia, Regina and Silvia. The altitude of over 300m brings a late harvest which can be of benefit once the majority of other producers have finished their seasons.

Above: This farm for sale Tasmania features tall side nets and electric fencing on three sides of the orchard

Currently, there are tall side nets and electric fencing on three sides of the orchard, plus there’s an eight-million litre dam and irrigation system which is controlled by timers in the pump house and an ultrasonic bird scarer.

Above: This farm for sale Tasmania boasts a dam and irrigation system which is controlled by timers in the pump house

The orchard could easily be converted to substantial market gardens, other fruit, including wine grapes or berries and nuts, or return part or all to paddocks with quality pasture as the soil is rich, fertile and well drained.

Above: This farm for sale Tasmania features extensive infrastructure with a large three-bay shed and multiple storage outbuildings

The acreage property features extensive infrastructure with a large three-bay shed, one end converted into a barn for stock, an easily accessed cattle race/ramp, and a nearby picker’s toilet, fenced paddocks, storage outbuildings, a high- and low-voltage power pole at the dam, 10 raised Colorbond garden beds, a fully netted enclosure and hen house.

Above: This farm for sale Tasmania includes 10 raised Colorbond garden beds, a fully netted enclosure and hen house

Grab the opportunity now to be self-sustainable and earn an income right from your very own convenient and breathtaking piece of this sought-after region.

Click on the following link for more information on this farm for sale Tasmania at 1555 Huon Highway, Lower Longley.

Farms For Sale Tasmania: 76 Brooks Road, Lalla

Set in a simply stunningly landscape, ‘Leaning Church’ (formerly ‘Lalla Gully Vineyard’) captures the imagination of everyone who visits with the beauty of the location.

Above: This farm for sale Tasmania boasts 6.29 hectares under vine, including Pinot Noir, Chardonnay and Sauvignon Blanc

The farm for sale Tasmania encompasses 18.56 hectares (just over 45.8 acres), with 6.29 hectares (15.5 acres) under vine, comprised of plantings of Pinot Noir, Chardonnay and Sauvignon Blanc.

Above: This farm for sale Tasmania features original vines planted over 30 years ago predominantly sold for sparkling production 

The vineyard is predominantly planted to Lyre trellising, with later plantings established to VSP and some sections being converted over time from Lyre to VSP trellising. The original vines were planted over 30 years ago between 1988 and 1990.

Above: This vineyard on this farm for sale Tasmania is largely planted to Lyre trellising with later plantings established to VSP

Leaning Church vineyard, wines, cellar-door, cafe/restaurant, and function catering facilities offers a new owner an array of options for relaunching after a couple of years hiatus during the COVID meltdown. All facilities have been maintained in an operational status despite the vendors choosing not to reopen at this stage.

Above: This farm for sale Tasmania offers a cellar-door, cafe/restaurant and function catering facilities

During the period and since the shutdowns the energies and focus of the vendors has been to ensure the fertility and productivity of the vineyard to ensure optimal fruit quality. The vineyards have been strategically managed with grape harvests having been sold predominantly for sparkling production since 2020.

Above: This farm for sale Tasmania can cater for up to 56 undercover plus up to 120 in outdoor and alfresco areas

The cellar door facility features permanent undercover seating capacity for up to 56 patrons, serviced from a well-appointed commercial kitchen. A secondary outdoor paved area caters for approximately 80 patrons and a further 40 people alfresco area means the cellar door never has to be shut to the public when there are private functions being held.

Above: This farm for sale Tasmania includes a lakeside park area available for functions, festivals and entertainment for up to 360 people

A lakeside park area is available for functions, festivals and entertainment for up to 360 people seated next to the permanent farm lakes and looking into the vineyards.

Above: This farm for sale Tasmania also features a three-bedroom residence overlooking the vineyards

The farm also features a three-bedroom residence overlooking the vineyards which is currently used as the owners residence. The homestead also boasts the inclusion of an insulated cellar with a capacity of 2,000 dozen bottles of wine and is designed for access with pallet jacks.

Above: This farm for sale Tasmania presents a unique opportunity for a new owner to step in and re-launch the business

This is a wonderful opportunity for a new owner to step in and value add with the re-launch or new launch of the patron facilities, catering options and wines.

Click on the following link for more information on this farm for sale Tasmania at 76 Brooks Road, Lalla.

Farms For Sale Tasmania: 408-438 Mount Street, Romaine

‘Lochaven’ is a farmland holding comprising some 121.4 hectares of high-value cropping country which benefits from the coastal climate and rich free-draining red soils.

Above: This farm for sale Tasmania comprises some 121.4 hectares of high-value cropping country overlooking Burnie and Bass Strait

Overlooking Burnie and the Bass Strait, this farm for sale Tasmania has historically operated as a cropping operation with a history of growing a wide range of crops.

Above: This farm for sale Tasmania currently has 70 hectares under linear irrigation growing wheat, carrots, Pyrethrum and potatoes

Some 70 hectares of land is currently under linear irrigation growing wheat, carrots, Pyrethrum and potatoes. The property has a history of farming peas, beans, broccoli, cauliflower, poppies, cabbages and buckwheat. Additionally, the property also runs roughly 500 calves and 170 yearlings.

Above: This farm for sale Tasmania has a history of farming peas, beans, broccoli, cauliflower, poppies, cabbages and buckwheat

‘Lochaven’ is well watered from 141 megalitres of surety five and six water rights and 110 megalitres of dam storage.

Above: This farm for sale Tasmania is well watered from 141 megalitres of water rights and 110 megalitres of dam storage

The farm is fully fenced and features internal gravel roads linking Mount Street to Mooreville Road with additional access from Ridgley Highway.

Above: This farm for sale Tasmania is fully fenced and features internal gravel roads

Structural improvements include a comfortable three-bedroom, two-bathroom home with comfortable living spaces, three-phase power, town water and stunning rural views.

Above: This farm for sale Tasmania comes with a comfortable three-bedroom, two-bathroom home

The farm also boasts established trees and gardens, as well as a fully functional produce store complete with checkouts, cool room and quality display shelves. The produce shop located at the entrance of the property presents an opportunity to sell the farm’s high-quality produce direct to the public.

Above: This farm for sale Tasmania features a fully functional produce store to sell the farm’s high-quality produce direct to the public

Additionally, the property benefits from several outbuildings including an implement shed, two workshops, a machinery shed, portable cattle yards, two silos, a brand new two-bay garage, and a new pump shed.

Above: This farm for sale Tasmania boasts an implement shed, two workshops, machinery shed, portable cattle yards and two silos

The north-facing aspect of the property provides views over Burnie’s expanding housing developments and surrounding farms.

Click on the following link for more information on this farm for sale Tasmania at 408-438 Mount Street, Romaine.

Farms For Sale Tasmania: 1370 Myalla Road, Milabena

The farm for sale is situated in an idyllic location nestled under the Detention Range in north-west Tasmania.

Above: This farm for sale Tasmania is a 146-hectare dairy farm situated in one of Tasmania’s most reliable rainfall belts

This 146-hectare (362-acre) dairy farm featuring rich red basalt soils is situated in one of Tasmania’s most reliable rainfall belts. Approximately 67 hectares (165 acres) is irrigated from on-farm dams.

Above: This farm for sale Tasmania features rich red basalt soils with approximately 67 hectares irrigated from on-farm dams

Currently milking 400 cows through a 25-unit herringbone dairy with auto grain, cup removers and stall gate, the farm’s herd produces around 170,000 to 180,000 milk solids annually, on a grass-based system with low/medium inputs.

Above: This farm for sale Tasmania currently milks 400 cows and produces 170,000-180,000 milk solids annually

The farm property's recently renovated weatherboard home offers four bedrooms, two bathrooms, and double-glazed windows.

Above: This farm for sale Tasmania offers a recently renovated weatherboard home with four bedrooms and two bathrooms

With the hard yards completed, this efficient and well-developed dairy farm is just 20 minutes from the township of Wynyard and the Burnie/Wynyard airport, where daily flights to and from Melbourne operate.

Above: This farm for sale Tasmania is an efficient and well-developed dairy farm just 20 minutes from the township of Wynyard

This is a great opportunity to enter the dairy industry, at a time when processors are in need of the product and the price is at an all-time high.

Click on the following link for more information on this farm for sale Tasmania at 1370 Myalla Road, Milabena.