Selling
Hide Search

Property Collection - Plenty of recent farm sales in Waikato and King Country

June 2021

Rural property has been particularly highly sought after in Waikato and King Country in recent months.

Demand has been consistent across the board: from 20 hectare blocks to farms in excess of 1000 hectares, and supply is tight. Most recent farm sales are of grazing properties, though dairy farms are also selling. Purchasers include corporates and farming families.

PC WTR21_Blog image_1060 x 700px_Plenty of

Values are above where they were 12 months ago, reaching and exceeding vendor expectations in most instances.

Demand remains unmet among many buyers, suggesting that for anyone contemplating selling a farm now would be a good time to engage with the market, or at least begin preparations for a spring sale.

With plenty of optimism in the rural sector, especially related to the projected lift in dairy returns, there is serious purchaser activity on all listings, and a big, strong buyer gallery, looking at different options.

 

Peter Wylie

Rural Sales Consultant

M 027 473 5855

pwylie@pggwrightson.co.nz

 

Read the full edition of the Winter Property Collection here >

PC WTR21_pggwre Publication page Panel 1150 x 250px - Copy.jpg