Demand drives up farmland values

THE median price per hectare of farmland in the Limestone Coast continues to soar, fuelled by strong livestock prices and an appetite for expansion.

The latest Australian Farmland Values report – released earlier this month by Rural Bank – showed the median price for farmland in the South East district – which extends from the southern coastline into the northern Murray and Mallee regions – grew 23.4pc in 2019.

According to the findings, it was the fourth


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