Hawkes Bay Rural Property Market Report Spring 2015

10/27/2015
Download a full copy of the report with commentary and graphs.

Key Highlights over the previous 6 months:

  • Recent strong sales of well located Hawke’s Bay sheep and beef breeding and finishing properties selling well above expectation.
  • Following the increase in land prices in 2014 the orchard market has been relatively subdued
  • Cropping market also relatively subdued with the land values maintaining lifts seen in 2014
  • The viticulture market is looking positive albeit a low number of transactions
  • High dairy sale in Central Hawke’s Bay establishing a new benchmark for the locality
  • Forestry land market remains low for green fields land with good demand for mid-rotation and mature forests. Significant price drop in the export log market
 
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