Hawkes Bay Rural Property Market Report Autumn 2012

5/30/2012
Download a detailed synopsis of the current rural property market with trend graphs showing historical property values here.


Key highlights

  • Farm sales over 200 ha in the Hastings and Central Hawkes Bay District  significantly increased from just 7 in 2010 to 16 in 2011. 2012 has however been very slow to date.
  • High farm sales volume in wairoa and Gisborne with 18 in 2011, with land values increasing on average 14.6% from 2010.
  • A static orchard market with just 4 sales in the last 12 months.
  • Cropping sales volume increased in 2011 with a total of 12 transactions compared to 6 in 2009 & 2010. 2 sales have occurred in 2012 to date
  • 9 viticulture sales occurred in 2011 after a slow 2010 which saw just 3 sales. 1 sale has occurred in 2012 to date.
  • Limited if any post 89 forestry sales in 2012




     



 
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