Australian Farmland Values 2023 Report released

The Australian Farmland Values 2023 report has been released, showing that the median price per hectare in Coonamble Shire was worth $2,734/ha in 2022, compared to $1,906/ha in Walgett Shire, $2,977/ha in Warren Shire, $3,477 in Gilgandra Shire, $3,569/ha in Warrumbungle Shire and $4,892 in Narrabri Shire.

There were 26 sales of farmland in Coonamble Shire during 2022, down by four on the previous year. Farmland sales for all Local Government Areas in the Central West were down on the previous year, except for Warren Shire, were 18 farmland blocks were sold – up by five on the previous year. 

A copy of the 26-page report can be downloaded here: