In this section
Farms sold in New Zealand
August 18, 2014
These details are drawn from the Real Estate Institute monthly reports for July 2014, and focus only on farm sales - excluding lifestyle blocks.
The market recorded 132 sales, which is 9% more than the same month last year and 60% above the average July over the past four years.
The median price per hectare rose to $26,680 in July 2014, and was 29% higher than July 2013.
Higher average prices applied across the board, except for forestry units.
July sales included:
22 arable farms,
6 dairy farms,
23 finishing units,
61 grazing properties,
8 farms of other types
The number of sales is presented here, without the average price, because average prices bounce around dramatically depending on the size and type of business unit being sold. However, the following table sets out the median prices per hectare over the past three months, as reported by REINZ.
|$/ha - July 2014||Arable||Dairy||Finishing||Forestry||Grazing||Hort||Special|
|Bay of Plenty||19,101||43,237||33,636||17,787||195,000||13,519|
for more perspectives, see
for saleyard and processor price trend graphs, see