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Australia saw record farmland sales in 2021

Australia saw record farmland sales in 2021

Farmland in Australia increased by 20 percent in 2021.

By Andrew Joseph, Farms.com; Photo by Rayhan Hibatullah on Unsplash

According to an article from Australia’s Country News, CDN$14.3 billion of the country’s farmland was sold in 2021—mostly to city buyers.

With its farmland increasing by 20 percent from 202o to 2021, Australia saw some 10.8 million hectares sold for over $14 billion

As noted by the Rural Bank Australian Farmland Values report, the average national price for a hectare was CDN$6,480—with the region of Tasmania seeing the highest average at $13,468/hectare.

Those watching the Australian market suggest that farmland is being sold by an aging ag population looking to retire while the market is high. Farmland has been observed to have been purchased by urban buyers seeking entrance into a more rural landscape.

It certainly doesn’t imply that farmland is going to disappear in Australia. While unlikely that urbanites are going to take on the toil to farm the land, they certainly can lease it out to local area farmers looking to increase their own ag business.


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Canada's Agriculture Day 2025

Video: Canada's Agriculture Day 2025

Let's celebrate Canadian agriculture.

Well, number one, you don't eat without farmers. Farmers put food on the table. And what could be more important than that?

Well, I think it's important that Canadians understand exactly what takes place, what happens to produce this food, no matter what sector you're talking about.

An awful lot of work goes into that. It's important to understand that meat does not come out of a showcase, and milk does not come out of a bottle. It's produced by farmers and hard work.

Canada has the best farmers in the world. And agriculture is vital to Canada.

In 2024, our agriculture and agri-food sector represented $150 billion of Canada's GDP, nearly $100 billion of our exports, and one in nine jobs.

From grains to fruits to dairy and beef, we are truly blessed with an incredible bounty. Having spent my whole life in agriculture, I see so much potential for the sector.

This time last year, I was proud to open our first-ever agriculture and trade office in the Indo-Pacific, the world’s fastest-growing economy, to cement our presence in the region and grow our exports even more. We've also been making historic investments to help our farmers to boost their yields, protect the planet, and earn a fair living.

The world wants more top-quality, sustainable food, and I know our Canadian farmers can deliver. And it's so important that you do that with pride. We need you.

Quite simply, you eat the most top quality food in the world. You do that because of the quality of farmers and ranchers you have in this country.

Just say thank you to a farmer or a rancher. They work very hard, yes, for a living, but also with a sense of pride in what they produce.

That's what Canada's Agriculture Day is all about.