Land Value
Episode 90 – Behind the Numbers: South Island Dairy Sales
The South Island dairy land market is heating up, with a record $87,000/ha paid at auction for a Canterbury dairy farm in November.
In this episode, Anne Lee speaks with Paul Mills, director and valuer with Property Advisory, about the momentum in South Island dairy land sales and the shifts shaping this season’s market. He reflects on the lift in Canterbury’s top-tier values, standout sales including the Kyle Park auction, trends across other regions and changes in lending appetite from banks. Paul talks about farmer confidence in Fonterra’s strategy, implications of land prices on succession and farmer expectations for returns on investment.
Episode 38 – Is now the time to buy farmland?
Springtime is said to be the best time of year to put your farm on the property market, and those across the real estate sector are feeling optimistic about the way the market is heading with rising milk payouts, and more interest from investors back into the dairy sector. After a tough couple of years, it looks like confidence and capital are building - so could it be a good time to look at buying land? Hear from Bruce Weir at Rabobank; Conrad Wilkshire from Property Brokers; and Craig Bates from PGG Wrightson Real Estate.
