Farms sold in New Zealand
October 16, 2019
These details are drawn from the Real Estate Institute monthly reports for September 2019, and focus only on farm sales - excluding lifestyle blocks.
The market recorded 90 sales, which is -9% below the same month last year and +15% above the average September over the past four years.
The median price per hectare was $25,754 in September 2019, +1.6% higher than August, and +1.2% above September 2018.
Compared to September 2018, similar prices applied across all types of farms.
September 2019 sales included:
9 arable farms,
4 dairy farms,
9 finishing units,
10 forestry properties,
41 grazing properties,
14 horticultural farms,
3 special farms
You can find current farms for sale and listed on the market here.
[ REINZ have asked us to remove the price/ha data. ]
For more perspectives, see