In this section
Farms sold in New Zealand
October 15, 2014
These details are drawn from the Real Estate Institute monthly reports for September 2014, and focus only on farm sales - excluding lifestyle blocks.
The market recorded 108 sales, which is -2% less than the same month last year but 25% above the average September over the past four years.
The median price per hectare was virtually unchanged at $26,000 in September 2014 from the prior month, but was 14% higher than September 2013.
Higher average prices applied across the board, except for forestry units.
September sales included:
9 arable farms,
9 dairy farms,
13 finishing units,
44 grazing properties,
7 farms of other types
The number of sales is presented here, without the average price, because average prices bounce around dramatically depending on the size and type of business unit being sold. However, the following table sets out the median prices per hectare over the past three months, as reported by REINZ.
|$/ha - September 2014||Arable||Dairy||Finishing||Forestry||Grazing||Hort||Special|
|Bay of Plenty||456,326||36,825||100,000||16,098||196,584|
for more perspectives, see
for saleyard and processor price trend graphs, see