Real Estate

Riparian plantings used to offset emissions

The Primary Sector Climate Action Partnership (He waka eke noa) is agriculture's response to the Government's desire to capture agriculture under the ETS by 2025. One highlight of the work being developed to date is to allow farmers to offset farm emissions through recognising the trees already on the property. The ETS scheme generally only recognises sequestration from stands of trees at least 30...

Is subdivision an option?

When it comes time to sell or re-arrange your life, getting maximum value from your land asset is important.We work closely with clients from the initial feasibility concept of subdividing part of the farm or lifestyle block right through to the final sale. Maybe it's something you are weighing up the pro's and cons of? We've outlined below what the process might look like. Take a read and then give...

Live Auction Action

Koputara, a 244 hectare beef fattening farm  near Himatangi Beach in the Manawatu was offered for sale by auction on 10th March. After 148 years in the Spiers family, it took less than 15 minutes of spirited bidding for it to change hands. Here’s an outline of how that auction progressed. Rural and Lifestyle Sales office in Feilding was packed full of aspiring bidders and locals interested to...

Private sellers missing out on premium prices

Homeowners who used a real estate agent to sell their home could receive on average 15% more premium than those who sold privately, which is the highest level of premium that New Zealand has seen in 18 years, according to the Real Estate Institute of New Zealand (REINZ). According to the REINZ’s analysis of private sales compared to those using an agent, the premium has slowly increased over the last...

Christmas treat for dairy

The latest Fonterra Global Dairy Auction on 16th December saw the overall GDT index rise by 1.3%. This followed a 4.3% jump two weeks earlier. The keystone product that determines Farmgate Milk Price is Whole Milk Powder, and this lifted a further 0.5% to US$3210/ tonne. The last time WMP was above $3200/tonne were the short-lived peaks in both January 2020 and July 2020. This rising GDT price...

Finishing properties maintain the lead

Data released today by the Real Estate Institute of New Zealand (REINZ) shows there were 118 more farm sales (+45.4%) for the three months ended October 2020 than for the three months ended October 2019. Overall, there were 378 farm sales in the three months ended October 2020, compared to 401 farm sales for the three months ended September 2020 (-5.7%), and 260 farm sales for the three months ended...

Where is the lifestyle market heading

Data released today by the Real Estate Institute of New Zealand (REINZ) shows there were 27 more lifestyle property sales (+1.0%) for the three months ended October 2020 than for the three months ended September 2020. Overall, there were 2,839 lifestyle property sales in the three months ended October 2020, compared to 1,664 lifestyle property sales for the three months ended October 2019 (+70.6%), and...

New look, same great team, same great service

At Rural and Lifestyle Sales we are excited to launch our new brand - signifying the next evolution for our company. It has always been our priority to stay ahead of the game and play our part in shaping the future of real estate, and that means being open to change and redefining yourself to be the best you can be.  Over the past eight years our brand has been built on trust, credibility and...

Fonterra Dairy Payout 2000-2020/21 Forecast

A very good profit announcement for Fonterra today reversing a big loss last year into a gain - around a $1 Billion shift - and at the same time paying down $1 Billion of debt. This should give farmer shareholders a lot of comfort given the testing times for other business sectors. We've been tracking Fonterra Payout since 1999. The pic below shows the trend over this time. While we well remember the...

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