Australia's first white truffle has been found on a farm in central Victoria.

The white truffle is much harder to grow than its more common black relative, and prices can range up to $3000 a kilo.

Space to play or pause, M to mute, left and right arrows to seek, up and down arrows for volume. Listen Duration: 4 minutes 39 seconds 4 m 39 s Truffle grower Peter Stahle discusses finding a rare white truffle ( Nikolai Beilharz ) Download 2.1 MB

Peter Stahle, from Yea, north-east of Melbourne, found the truffle, but refused to celebrate until he was totally sure it was the real deal.

"I didn't dare believe it, haha! We laughed, we cried, it's been such a long time to get here, so look, I didn't dare believe it absolutely until this week when I got the test results back from the laboratory," he said.

The truffle has not yet been harvested, but it is estimated to weigh about a hundred grams.

Mr Stahle said he did not know whether any other white truffles had grown nearby.