Farms sold in New Zealand
September 16, 2020
These details are drawn from the Real Estate Institute monthly reports for August 2020, and focus only on farm sales - excluding lifestyle blocks.
The market recorded 136 sales, which is +42% above the same month last year and +37% above the average August over the past four years.
The median price per hectare was $25,657 in August 2020, up +11% from July 2020, but only up +1.2% from August 2019.
August 2020 sales included:
4 arable farms,
5 dairy farms,
41 finishing units,
9 forestry blocks,
54 grazing farms, (incl dairy support)
21 horticultural farms.
You can find current farms for sale and listed on the market here.
[ REINZ have asked us to remove the price/ha data. They have also ceased supplying regional data for the chart below, but the national data is up-to-date.]
For more perspectives, see