Hawkes Bay Rural Property Market Report February 2011

Key highlights

  • Sales in the sheep and beef sector remain subdued with 7 sales for 2010 in the Hastings and CHB districts over 200ha.
  • Sales pastoral properties occurring in Wairoa/Gisborne localities for carbon farming.
  • 7 economic sized orchard sales in 2010 - average no of sales in last 14 years is 23 per annum.
  • Little demand for high risk non-irrigated cropping land.
  • Limited dairy sales with one sale showing a 17.4% reduction from when it was purchased in 2008.

Download a detailed synopsis of the current rural property market with trend graphs showing historical property values here.

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