Farmland values across New South Wales have continued to rise, increasing 4.7 per cent over the past year to a median price of just over $9,800 per hectare, according to new figures.
It’s even better viewing for local Hunter producers, recording a 3.1 per cent growth over the same time period, despite a dip in the number of transactions.
The result makes NSW one of only two states — alongside South Australia — to record growth in farmland values, while the national median fell 3.1 per cent over the same period.

Sean Hickey from Bendigo Bank Agribusiness said the latest data suggests the record-setting momentum of recent years is easing slightly, as rising costs and tightening margins start to impact buyer urgency.
“Higher input costs and tighter profit margins have curbed some of the urgency we’ve seen from buyers in the past few years,” Mr Hickey said.
Despite the slower pace of growth, farmland across NSW continues to be in strong demand, reflecting confidence in the state’s agricultural sector and the long-term value of regional property.