Zone 6 water price — Vic Murray Above Choke
The Zone 6 water price is the cost of temporary allocation in the Victorian Murray upstream of the Barmah Choke — the Yarrawonga, Cobram and Tocumwal reach, fed from Hume and Dartmouth. Because allocation cannot trade downstream past the Choke, Zone 6 typically prices at a discount to below-Choke Zone 7. For today’s firm price per megalitre, call (03) 5824 3833.
Victorian Water Register trade data last updated 21 July 2026.
Need a Zone 6 quote?
Call (03) 5824 3833(03) 5824 3833 or request a callback.
Market data
Recent allocation trades across Victoria.
Recorded transactions from the Victorian Water Register, not indicative quotes. For today's market, call the desk.
Data sourced from the VWR public allocation-market dashboard. Figures are indicative only and may not reflect the price you receive.
Looking for permanent water (entitlement) prices? The figures on this page are seasonal allocation prices. Water share and entitlement values are published separately.
Permanent water prices →Zone 6 price at a glance
- • Quoted in: AUD per megalitre (ML) of temporary allocation
- • System: Victorian Murray above the Barmah Choke — fed from Hume and Dartmouth
- • Main demand: dairy and mixed irrigation, trading freely with NSW Zone 10 across the river
- • Pricing tendency: typically a discount to below-Choke Zone 7; can firm against Zone 1A when the Goulburn-to-Murray trade limit is full
- • Key constraint: allocation trade from Zone 6 down past the Barmah Choke is restricted — trade upstream into the zone stays open
What drives the Zone 6 water price?
Zone 6 (Vic Murray Above Choke) allocation prices respond to a handful of forces specific to this system. Understanding them helps buyers and sellers time a trade.
Hume and Dartmouth storage and upper-Murray inflows
Allocation available to Zone 6 is governed by storage in Hume and Dartmouth and by inflows along the upper Murray. Low storage entering spring tightens supply and pushes the Zone 6 price up.
The Choke export restriction
Net allocation trade from above the Barmah Choke to below it is restricted — extra trade would add delivery through a reach already at capacity. That cuts Zone 6 sellers off from the premium below-Choke market where permanent horticulture bids hardest, which is why Zone 6 typically trades at a discount to Zone 7. Trade upstream from Zone 7 into Zone 6 stays open, keeping the two zones linked when downstream prices soften.
Goulburn IVT interactions
Goulburn-to-Murray trade enters the Murray at Echuca, below the Choke, and is governed by its own inter-valley trade limit — not the Choke. When that limit has capacity, Zone 1A water supplies the Murray market and prices across the zones converge; when it is full, Zone 1A can decouple to a discount and Zone 6 firms relative to the Goulburn.
Victorian allocation announcements
Seasonal allocation percentages from the Victorian Water Register set the volume of water credited to Murray entitlements. Below-average announcements and mid-season downgrades lift the Zone 6 price; strong announcements ease it.
Temporary water vs allocation in Zone 6
The Zone 6 temporary water price and the Zone 6 allocation price are the same figure — the cost of one season’s water, quoted in AUD per megalitre. It is separate from the price of a permanent water entitlement in this zone, which is the ongoing asset that receives allocation each year. For the full distinction see entitlements vs allocations, or our overview of temporary water prices in Victoria.
Permanent water
Thinking of selling your Zone 6 (Vic Murray Above Choke) water shares?
Watching allocation prices is often the first step in a bigger decision. Integra also brokers permanent water entitlement sales — high- and low-reliability water shares in Zone 6 (Vic Murray Above Choke) and across the southern basin — appraised against recorded register transfers, not list prices.
An appraisal is confidential, obligation-free, and tells you what your entitlement would realise in today’s market — so the decision to sell (or hold) is made on numbers, not guesswork. Start with our current permanent water prices — allocation-adjusted HRWS and LRWS values by system — then see how a permanent entitlement sale works, or the difference between entitlements and allocations.
Zone 6 water price — FAQs
What is the current Zone 6 water price?
The Zone 6 (Vic Murray Above Choke) allocation price changes daily with storage, demand and Barmah Choke conditions. The Recent allocation trades panel above shows the latest median per megalitre recorded by the Victorian Water Register for Zone 6 when trades are published. Because activity can be thinner than Zone 1A, call Integra on (03) 5824 3833 for a current quote.
How does the Zone 6 price compare with Zone 7 and Zone 1A?
Zone 6 typically trades at a discount to Zone 7. The Barmah Choke trade restriction stops net allocation trade from above the Choke to below it, so Zone 6 water cannot reach the below-Choke horticulture demand that keeps Zone 7 firm — the structural scarcity premium sits downstream. Against Zone 1A, the relationship runs through the Goulburn-to-Murray trade limit: when that limit is full, Goulburn prices can decouple to a discount and Zone 6 firms relative to Zone 1A.
How is the Zone 6 water price quoted?
In Australian dollars per megalitre (AUD/ML) of temporary allocation, before brokerage and Victorian Water Register transfer fees. The price covers the season’s water only, not the permanent entitlement.
Is Zone 6 temporary water the same as a water allocation?
Yes. In Zone 6, “temporary water”, “allocation” and “temporary trade” all refer to the same thing — the season’s water priced per megalitre, distinct from the permanent entitlement that receives it each year.
Where can I see Zone 6 water price data?
The Victorian Water Register publishes recorded Zone 6 allocation-trade prices. Trade volumes above the Choke can be lighter than Zone 1A, so a broker quote is often the most reliable read on the current Zone 6 price — call the Integra desk for today’s level.
Can Integra sell my Zone 6 permanent water shares?
Yes. Integra brokers permanent entitlement sales in Zone 6 — high-reliability and low-reliability water shares — alongside temporary allocation trades. Permanent Zone 6 water is priced per megalitre of entitlement volume and appraised against recent recorded Victorian Water Register transfers. If you are watching allocation prices while weighing up a sale, call (03) 5824 3833 for a confidential appraisal first.
Liz Johnston
Senior Water Broker
Related pages
- Temporary water prices in Victoria — all zones
- Zone 6 (Vic Murray Above Choke) trading guide — how to buy and sell
- Zone 6 explained — how the Vic Murray above the Choke works
- 10-year water price history — where today’s prices sit in the cycle
- WY2026-27 water price outlook — where prices may head this season
- Zone 1A (Greater Goulburn) water price
- Zone 7 (Vic Murray Below Choke) water price
- Zone 10 (NSW Murray Above Choke) water price
Indicative only. Not financial advice. Water trade involves risk of principal loss. Prices shown are indicative and may not reflect current market conditions. All trades subject to Victorian Water Register rules and MDBA water trading rules.