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Bayleys Country Magazine Spring 2012 is due out soon and will be distributed on the 26th September. Register now for your complimentary copy – details below.
‘Bayleys Country’ is New Zealand’s premier rural property marketing publication. It gives farm, horticulture, viticulture, forestry and lifestyle property owners a chance to showcase their properties in a magazine that has a unique position in the market for its quality, variety and geographical spread of properties.
The magazines’ distribution is paramount to its success as it is distributed through 5 key channels including:
1. A database of 7,500 consisting of:
- Bayleys’ salespeople’s ‘hot buyer’ client database
- Bayleys’ national key client database
- A selection of key influencers and people closely connected to the rural purchasers we are targeting, specifically rural bank managers, accountants and lawyers.
2. 175,000 rural and lifestyle addresses throughout New Zealand
3. Internationally, through our international affiliates
4. Nationwide through Bayleys’ 58 offices
5. Air New Zealand Koru Lounges at key domestic and international airports
An electronic version of the magazine will also be emailed to our “hot buyer” database and to our database of 115,000 offshore skilled migrants looking to come to New Zealand.
Register now for your complimentary copy of the Country Magazine courtesy of Stuart Gudsell: Phone 07 834 6740 or 021 951 737.
September 08 2012 | Uncategorized | No Comments »
Gosh we are blessed in the Waikato right now with extremely warm early winter weather unlike the normal frosty foggy times of years gone by. Better not speak too soon though with the 44th Mystery Creek Fieldays starting tomorrow morning. We feel for those in the south who have already experienced heavy snow falls as well as those affected by the earthquakes in Canterbury.
ANZ are the Strategic Partner of the Fieldays 2012 and have kindly invited me and other rural professionals to a breakfast on Thursday morning. Their plan is to introduce us to the Agri edition of the privately owned business barometer. Thanks to Brett Robinson and his team at the Te Awamutu ANZ for the invitation. Should be fun!
Although I’ve been attending Mystery Creek Fieldays every year since my arrival in the Waikato back in 1986, I’m especially looking forward to this year as it’s my first year representing Bayleys Real Estate Country Team.
My memories of those earlier times feature redband gumboots, considered by many to be essential Fieldays footwear and of course the thick Waikato fog! Fortunately times have moved on, the Fieldays roads have improved and you can now do the whole thing in your street shoes.
It’s something I really look forward to each year because it’s a brilliant opportunity to network and reconnect with people from all around the country. Even my bro turns up sometimes from down country. You just can’t beat simulating conversation can you?
We can’t argue with this year’s theme, The Changing Face of Farming because it sure is. Just look at the numbers of dairy cattle nationwide; 6.2m and an average herd size of over 400 which is triple what it was 30 years ago. More on this at another time.
Call in and see me at the BAYLEYS stand, D86, I’ll make it worth your while.
Catch ya soon.
June 12 2012 | Uncategorized | No Comments »
For the three months ended 31 January 2011, there have been on average 1.67 farms sold and 10 lifestyle properties sold per week in the Waikato Region. If no further property is listed and at the current rate of sales, it will take 180 weeks to sell all the farms and 98 weeks to sell all the lifestyle blocks currently available in the Waikato Region.
In the month of January, four farms in total were sold, the sales were achieved in the following districts: Otorohanga (1 grazing); Waipa (1 grazing) and Waitomo (1 grazing and 1 finishing). This compares to 5 in January 2010 and 8 in January 2009. Lifestyle block sales numbered 26 for January 2011, compared to 30 in January 2010 and 24 in January 2009.
Sales Statistics
The following sales statistics have been sourced from the REINZ database for the three months ending 31 January 2011. We have divided the Waikato region into districts and then included each districts’ month by month sales totals and median selling price for the combined three month period.
| Waikato Region Farm Sales
November, December 2010, January 2011 |
| District |
November |
December |
January |
Total |
Median |
| Matamata-Piako |
1 |
6 |
0 |
7 |
$1,500,000 |
| Otorohanga |
1 |
0 |
1 |
2 |
$1,016,375 |
| South Waikato |
0 |
2 |
0 |
2 |
$1,500,000 |
| Taupo |
0 |
0 |
0 |
0 |
$ - |
| Waikato District |
1 |
1 |
0 |
2 |
$1,651,500 |
| Waipa |
1 |
0 |
1 |
2 |
$2,517,500 |
| Waitomo |
2 |
1 |
2 |
5 |
$1,700,000 |
| Total |
6 |
10 |
4 |
20 |
|
| Waikato Region Lifestyle Block Sales
November, December 2010, January 2011 |
| District |
November |
December |
January |
Total |
Median |
| Hamilton |
1 |
0 |
2 |
3 |
$ 530,000 |
| Matamata-Piako |
7 |
5 |
2 |
14 |
$ 420,000 |
| Otorohanga |
5 |
0 |
1 |
6 |
$ 315,750 |
| South Waikato |
0 |
1 |
0 |
1 |
$ 162,500 |
| Taupo |
1 |
3 |
2 |
6 |
$ 425,000 |
| Waikato District |
24 |
21 |
8 |
53 |
$ 405,000 |
| Waipa |
14 |
9 |
9 |
32 |
$ 462,500 |
| Waitomo |
0 |
3 |
2 |
5 |
$ 336,500 |
| Total |
52 |
42 |
26 |
120 |
|
Current Inventory
As around 95% of all licensed Real Estate Agents use Realestate.co.nz to profile their listings we have sourced the following inventory levels from there. Searching NZ Farms provided us with the following summary of rural inventory available in the Waikato Region.
Waikato Farms and Lifestyle Blocks – Inventory as at February 15th 2011
Farm Type Total Inventory
Cropping 7
Dairy 132
Finishing 18
Forestry 2
Grazing 135
Horticulture 4
Lifestyle 979
Specialist Livestock 2
All categories 1279
Weeks to sell
In order to establish the measure of inventory, the absolute number of inventory listed on NZ Farms for the region is divided by the average number of properties sold per week over the past three months. These figures are to be seen as a guide only.
Farms Lifestyle Blocks
20 Total Waikato farm sales 120 Total Waikato Lifestyle Sales
1.67 Average sales per week 10.0 Average sales per week
300 Current inventory 979 Current Inventory
180 Week’s worth of inventory 98 Week’s worth of inventory
Thanks for stopping by
February 15 2011 | Uncategorized | No Comments »
As at 1st November the total numbers of farms and lifestyle blocks available throughout the Waikato Region have increased by 4% since 1st October. The categories of dairy, finishing and lifestyle are all showing an increase, while forestry and grazing have decreased. There has been no change to the number of cropping, horticulture and specialist lifestyle properties available.
Current Inventory – Waikato Farms and Lifestyle Blocks
Inventory as at 1st November 2010
Overall the numbers of farms and lifestyle blocks available have increased by 4.03% since 1st October 2010
As usual, we have sourced the inventory levels from Realestate.co.nz as around 95% of all licensed Real Estate Agents use this site to profile their listings. NZ Farms, their specialist farm site, has provided us with the above summary of rural inventory available in the Waikato Region.
November 01 2010 | Uncategorized | No Comments »
Dairy farmers will be pleased with Fonterra’s announcement yesterday of its second-highest payout of $6.70 (before retentions) for 2009/10, up from $5.21 last year. From our own perspective, we are quietly optimistic that this will provide buyers with a greater level of confidence as they conduct their due diligence regarding the purchase of a dairy or dairy support farm.
Waipa Jersey Cows
The payout comprises a Milk Price of $6.10 per kilogram of milksolids (kgMS) and an annual dividend of 27 cents per share, with retentions of 33 cents per share. This means an average farmer who has 100% share-backed supply for 2009/10 will receive a cash payout of $6.37 for every kgMS supplied during the season, compared with last year’s $5.20 (net of a 1 cent retention).
The payout news came as Fonterra announced an after tax profit of $685 million for the year ended 31 July 2010, 12 per cent higher than the prior year. The profit includes $174 million of non-recurring gains, primarily arising from sales of non-strategic assets.
Click here for the full story
September 24 2010 | Uncategorized | No Comments »
An analysis of rural market activity in the Waipa District for the past 12 months (YO 2020/09/21) establishes that a total of 22 farms have been sold. This included 4 Special, 11 Grazing, 6 Dairy and 1 Arable farm. Given that there is currently a surplus of farms on the market as identified in last week’s analysis we were curious to see what the median days on the market have been.
As shown in the chart below, median days in the rural Waipa market is 107 or slightly over 15 weeks. (Click on the chart to enlarge it)
Waipa Farms - Median Days to Sell - YO 2010/09/21
September 22 2010 | Uncategorized | 1 Comment »
