Increased rains and lower interest rates are being backed to get farmland values growing again after a drop in the first half of this year and record low sales.

The latest Bendigo Bank report showed national farmland values fell by 3.8 per cent in the first half of 2025.

An overall increase in land values over the past decade has made farm-buying less appealing, the report suggests.

Bendigo Bank spokesman Sean Hickey said buyers were tentative with tight margins.

"The slight decline in median value marks the first time since 2013 that national growth has stalled across the first half of the year," he said.

Mr Hickey pointed to consolidation of landholdings and the sluggish economic environment to a record low sales count of 3104 transactions in the first six months of 2025.

South Aus

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