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AAP
AAP
Business
Liv Casben

Australian farming prices almost double in three years

Australia ABARES
Farmland prices have almost doubled over the past three years in Australia. (Dave Hunt/AAP PHOTOS) (AAP)

Farmland prices have almost doubled over the past three years, according to new data from the Australian Bureau of Agricultural and Resource Economics and Sciences.

The average per-hectare price for broadacre farmland rose by 93 per cent from 2020 to 2023.

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