The most expensive average price for farmland in the country last year was in County Waterford.
The best quality land in Waterford now costs €20,000 per acre, according to a new report from the Society of Chartered Surveyors of Ireland (SCSI) and Teagasc.
There was double-digit growth in the price of farmland in Ireland last year, increasing 11% on 2022.
This year, auctioneers and valuer members of the SCSI forecast the price of land will still rise at a rate of 6%.
The average price of good land in Ireland in 2023 was €12,308 per acre.
The second-most expensive county for land behind Waterford was in Tipperary, where prices averaged €17,599 per acre.
On this morning's 'Deise Today', Damien spoke to both Paul Mooney, Property Editor at The Irish Farmers' Journal, and Barry McDonald, Director of REA and REA O'Shea O'Toole about Waterford land prices.
You can listen back by clicking on the image above...
