Waterford farmland most expensive in Ireland as national prices continue to rise

Good-quality land in Waterford sold for an average of €17,400, with high-end land prices up 2% year-on-year

Beef farming remains Ireland's largest agricultural enterprise, with finished cattle prices rising by around 17% on the previous year.

Ireland's farmland values are forecasted to rise by 8% in 2023, with Waterford recording the most expensive land throughout the country, underpinned by a strong dairy sector.

At €17,400 per acre for good-quality land, this year's Annual Agricultural Land Market review found that Waterford, along with the rest of Munster, benefitted largely from rising interest from individuals investing in land to guard against inflation.