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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.


Trending Video

A Farm Song (Busy) | Parody of A Bar Song (Tipsy) by Shaboozey

Video: A Farm Song (Busy) | Parody of A Bar Song (Tipsy) by Shaboozey


Lyrics:

My days begin with workin’, Alarm’s at 5 o’clock,
I Fill 5 gallon buckets, The feeders and the troughs,
This five to nine ain’t workin’, why the heck do I work so hard?,
I can’t worry ‘bout health problems, I can sleep in when I’m gone,

One, here comes the two to the three to the four,
Tell em’ ‘buy another cow, we need plenty more’,
Blue jeans are gettin’ dirty, what else could I ask for,
Oh my, more chores

Someone pour me up another shot of sweet tea,
They know me and working hard’s got a history,
There’s another flock of sheep that still needs feed,
Everybody on the farm gettin’ busy,

Everybody on the farm gettin’ busy,
Everybody on the farm gettin’ busy,

I’ve been working pretty stressed but,
I ain’t changing for some cash,
Lord knows that I’m very blessed (More chores),
But I gotta say it’s hard,
Workin’ outside gettin’ charred,
Living out here on the farm, (more chores)

One, here comes the two to the three to the four,
Tell em’ ‘buy another cow, we need plenty more’,
Blue jeans are gettin’ dirty, what else could I ask for,
Oh my, more chores

Someone pour me up another shot of sweet tea,
They know me and working hard’s got a history
There’s another 20 chickens that still need feed,
Everybody on the farm gettin’ busy,

Everybody on the farm getting’ busy,
Everybody on the farm gettin’ busy,

Fun, here on ranch that’s what you can’t ignore,
Might be pretty hard but I love it to its core,
Flannel’s gettin’ dirty, what else could I ask for,
Oh my, more chores (Tell ‘em sing with me)

Someone pour me up another shot of sweet tea,
They know me and working hard’s got a history,
There’s another flock of sheep that still needs feed,
Everybody on the farm gettin’ busy,
Someone pour me up another shot of sweet tea,
They know me and working hard’s got a history,
Watching cattle in the dark, don’t miss me,
Everybody on the farm gettin’ busy,
(Yeeeeeehaw)
Everybody on the farm gettin’ busy,
Everybody on the farm gettin’ busy,
It’s the best bro, go get yourself a farm