Hawkes Bay Rural Market Report February 2011

February 9, 2011 at 9:05 am

An update of the rural property market has been posted on our website.

Key highlights are;

•Sales in the sheep and beef sector remain subdued with 7 sales for 2010 in the Hastings and CHB districts over 200ha.
•Sales of pastoral properties occurring in Wairoa/Gisborne localities for carbon farming.
•7 economic sized orchard sales in 2010 – average no of sales in last 14 years is 23 per annum.
•Little demand for high risk non-irrigated cropping land.
•Limited dairy sales with one sale showing a 17.4% reduction from when it was purchased in 2008.

Download a detailed synopsis of the current rural property market with trend graphs showing historical property values here.

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Entry filed under: Rural Market.

Comment on REINZ Statistics to December 2010 Willowford Dairies and Gwavas Station sell on the hammer


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