Dairy Farms selling well, Horticulture in demand
There’s been a 43% increase in finishing farms & 31% increase in dairy farms selling in the last 12 months. But the cropping guys and orchardists are holding tight on their land as it is in demand and values are rising with your average horticulture property now worth $189,000/per hectare.
Brian Peacocke, Rural Spokesman, from Real Estate Institute NZ joins us to discuss the factors in the figures.
Rural Real Estate is a regular on REX, thanks to our good friends at Bayleys.
Two days to go - are you in to win?
Join Mark Sainsbury every day from 9AM on the Mo on the Road tour and be in to win a 1967 MG!