Interest.co.nz now has comprehensive regional listings of working farms on the market

Interest.co.nz now has comprehensive regional listings of working farms on the market

Starting today, we are now have one of the most comprehensive listings of working farms for sale in New Zealand.

You can find that list here »

More than 3,400 properties are listed and searchable.

To make your search more effective, we have them in a set of categories:

Cropping (about 75 listings)

Dairy (about 400 listings)

Finishing (about 200 listings)

Forestry (about 130 listings)

Grazing (about 750 listings)

High Country (about 20 listings)

Horticulture (about 400 listings)

and Bare land (about 1,200 listings)

You can also inspect the offerings by region and area within a region.

These listing are up-to-date and are brought to you in partnership with realestate.co.nz from whose database these listings are drawn.

Each listing links through to Agent contact details.

We hope you find this service valuable. Feedback is always appreciated.

An overview of the latest state of the rural farm sales market, including details of per-hectare prices, is here »

We welcome your help to improve our coverage of this issue. Any examples or experiences to relate? Any links to other news, data or research to shed more light on this? Any insight or views on what might happen next or what should happen next? Any errors to correct?

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Remember we welcome robust, respectful and insightful debate. We don't welcome abusive or defamatory comments and will de-register those repeatedly making such comments. Our current comment policy is here.

16 Comments

And quick to match trademe (they have 424 dairy farm listings but from more agents) - they too have double listings.
Suggest, where no vendor price given, just say POA, its a better look than $0 plus GST (if any)
or maybe you know something we don't...
Next on your developer's job card might be a look at a mobile site and app. Have you tried looking on a smartphone...
 
Is there anywhere we can see interest.co.nz's strategy/vision?
We were just wondering why....
 

Hi Henry,
 Sorry Ive been out of the loop, we had to go to the UK in a hurry, it was wet and cold, I mean  cold like 5deg C. WE flew over Canada just south of Edmonton and close to where I used to work, there was snow everywhere so not much planting and many of the lakes were still iced over as was Hudson bay.
 Found the English depressed afetr a horrible winter which is still going on and on. Im so 'over', flying. 
 On the other hand California is warm, we have started swimming in the pool, touching the 30's now.
 Land prices in the UK are crazy, Dyson just grapped a lot of land, an unwise move I suspect, interesting comment after the article.
http://www.agrimoney.com/feature/farmland-price-rally-looks-past-its-best--208.html
 
 Anyway at this exchange rate you should all sell up and come to the promised land, where everything is half price or less, the girls are pretty, the sun always shines, the skiing is great, the lakes are beautiful and I say again everything is half price or less. California is the place you ort to be.

I'm going to but in here Andrewj, this is not the same pessimist I'm use to reading...you are not starting to actually appreciate the USA!? :-)

Im turning into an optimist, this place has so many positive people. Love Bend and Sisters. My daughter in her first years Skiing competed in the California/Nevada secondary schools ski championships, the school charged me $180, included passes. Didn't win but wow lets try to do that at home!
  Schools up here are great and I was amazed to hear my sister in law tell me, the private school in the UK she sent her boys to, was a failure, at  20k each a year thats hard to admit.
 We just buried my wifes elder sister in the UK, she was only 50 with two young children,  sad, sad :-(,so we better make the most of what we have.
Its just soo much cheaper to ive here.  
 example
http://www.cmacsubaru.com/showroom/2013/Subaru/Legacy/Sedan/overview.htm
 
nz comparison
http://www.trademe.co.nz/motors/used-cars/subaru/legacy/auction-575272301.htm
 
 My eldest daughter is heading home today. in her bag, a chainsaw for a friend tennis balls and more. The chainsaw was 1200$ retail in NZ a friend of hers wanted it, $380 online in the USA. Box of  tennis balls, 16  cans Penn championship, $23  at Costco.
  The high $ is not being passed on by the look of it.

The one on trademe has flasher looking rims though. After reading Omnivores Dilema, sounds like farming on the family scale is stuffed over their.....don't know why we're mimicking their models. Anyway good luck with the good life.

And just to add to the misery:
 
But car dealers are quick to burst the bubble, saying there is very little correlation between vehicle prices and currency movements.
 
Any margin gains are likely to be retained by the car manufacturers themselves, said Tom Peck, head of Suzuki New Zealand.
 
Why do they punish NZ compared to the US, as andrewj so obviously confirmed above?

What you say makes complete sense Andrew. As my self study has shown, empires draw wealth from the periphery. Stands to reason there will be more wealth in the US and I suspect it will stay that way for some time yet, despite what I lot of Americans might say about the demise of their own society (zerohedge). Japan is stuffed, China is dodgy as, so I say good on you for giving it a go in the US.

Andrewj, your thoughts are refreshing, although sad to hear the family news..
As you may of gathered we have been looking but at more of the same in Victoria, The time spent working through things has/is interesting.
In no particular order
Its incredible the crowding out of resources/mining has had on Ag.
The trapping of dairy production that doesn't have access to export processing plants and the concentration of power in the domestic markets (here is hoping the co-op/supermarkst announcements works - although the co-op md chap has form corportising co-op assest).
How Fulton Hogan have got on
and inline with your thinking...
We have heard stories of people who have been in Australia for 10 to 15 years backed by money from Hong Kong who have sold everything, the house and business and relocated in USA (2 example to the east coast). They bought a better house, and the business (light manufacturing/services) had state subsidies, lower wages costs and greatly expanded local markets... mind you we.ve seen people  move outfits from Sysney to Auckland..
Even thou the property $ was about where they bought in, the AUD$/HK$ put them ahead
 
More of selling up and farming by a NZ rather than in NZ - did you see this from Eric Watson?:
http://www.nzherald.co.nz/trade/news/article.cfm?c_id=96&objectid=10877394
 

I think its a true statement, ie there are winners and losers....Germany exported its weapons and inflation to Greece which is now a basket case....
An area can still prosper as in effect its not a closed system....of course another aspect of the plateauing is that energy supply has reached an economic or practical input level.
eg Great thing about minecraft is to use resources you have to go further and further to get caol / ores etc, that makes a practical limit to the distance. Same applies to tchnology, avanced machines double the output, but thats it....its a very interesting real time multi-player economic model. Fun as well....
regards
 
 
 

Hi Henry,
 are we not just fighting over scraps?
 
 I spent a morning with a rural bank manager he told me there is new investment coming into California dairy, he thinks that one out fit, that is buying  a large dairy farm that is in recevership and not being farmed at present will do Ok. They are going to put 19mil into the dairy farm and are a bunch of eastcoast investors. He told me he gets alot of people who are trying to put together dairy investment oportunities and bring in investors, they are having no luck and he is wasting his time with them.
 He was optimistic and thats a 180 deg change from when I last visited him 2 years ago. Beef prices are high, he thinks Dairy farms will expand, lots of Chinese investment and happy ranchers.
  Im not so optimistic as he is, as I think its all bubble stuff.   Either way the USA and UK are going to force their currencies down whether we like it or not, one of my banker friends thinks we are going to Parity and beyond.
  I dont get how our leaders dont see that we have a cost problem, NZ is too damm expensive.
 Look what happened last night
http://finviz.com/futures.ashx

NZ as too expensive, but if that applies across the board? then it equals out.  How much of that excessive price is caused by debt? I read a piece saying 35%+ of goods is interest added to the cost as the good moves through the delivery chain...that makes debt servcing one of the biggest impacts to out pockets.
Parity, well I assume he's taking along the lines of the USD dropping in value? (ie im missing the context) that makes him a Peter Schiff? (Austrian)  or I guess a Ted Rogers....sort of camp?  I think there is a clear expectation by the Austrian camp that the US will debase its money and hence the USD will drop.  Somehow however a global depression wont happen in that train of thought.  Personally I follow the Nicole FOss camp and that investors will run to "safety" ie the USD, so in fact I expect the opposite, USD will get stronger and not weaker v NZD ....it may seem misplaced but in the early stages its a game of relative.  Longer term I think the USA is a basket case, but NZ has to go through the housing pain the US has seen first....then once on even ground (a decade after?)  well the US wont matter to us.
regards
 
 

Andrewj, short answer yes.
We posted this on the 90sec and 9 thread.
http://adf.farmonline.com.au/news/nationalrural/agribusiness/general-new...
"What creates loan-loss cycles for banks in cyclical industries is bouts of euphoric, increasingly leveraged, lending when cyclical conditions are good, premised on rising collateral values, followed by credit rationing when conditions are bad," CLSA analyst Brian Johnson said in a research note. "Australian banks' agricultural lending portfolios demonstrate this cycle better than most."
Plummeting land values in the West Australian wheat belt have driven property transactions to a virtual standstill and a small number of farmers have walked off the land. In some cases, banks have already stretched financing beyond their usual lending standards.
 
The last couple of months have really given us perspective. Our view:
Now when investment is needed in either water management (including waste) processing assets (otherwise funded by the sales people  - like Wollies owning the powder factory/processor),  the upstream industry folk are all tapped out due to the property bubble.
Put it another way: The wrong part of the supply chain is vertically integrating i.e. the China distribution people in NZ, or the supermarkets in OZ. This will be reflected in farmgate pricing goimg forward..
All the while other exporters are eyeing trade agreements with China.
 

The Focus from Ford is one car that is kind of close in terms of sticker price- US to NZ if you add GST and then do the currency conversion. Many other models are so far apart that it defies reason.
 
 

Good to see you are spending time further up the coast, the wealthy set from LA have often headed for bend/sisters...you can see why... Have a log cabbin in the shadow of the three sisters. Check out Mt Hood through to Portland and even further up to Bellingham then over the Canadian border when you have time...it only get better.... 
 
 
 

Buying a farm now would be economic suicide, who wants to give away their equity to a volatile investment. Better to invest in mighty river. Thanks John Key

Gross Div Yield 2.168%: Fonterra units. The Farm shares show Gross Div Yield 2.162%:
https://www.nzx.com/markets/NZSX/securities/FSF
https://www.nzx.com/markets/NZZX/securities/FCG
or:
http://www.unlisted.co.nz/uPublic/unlisted.mt_public.securityDetail?p_pr...
Showing 175,000 at 1.15 offer, nil on the bid. no trades to date yet...

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