M:
Research
H1/26 Rural Victoria
Headlines Agricultural output in FY26 is projected to decline by 4.9%, with gross value of $104.45 billion. This is driven by a 2.2% fall in livestock and a 8.1% fall in crop yields.
Farming expenses in Victoria are expected to remain elevated, driven by sustained increases in fuel, fertiliser and other input prices.
Export values for agriculture are forecast to drop 8% to $79.32 billion, driven by softer export volumes.
Rural property sales across Victoria trended 24% lower in 2025, and 19% below the five year average.
Average broadacre farm profits are forecast to decline by 70% in FY27, reflecting softer revenues and rising input costs.
Victoria broadacre farmland prices fell by 0.9%, to stand at an average $12,105 per hectare at the end of 2025, although grew 69% over the past five years.