The shining star has, of course, been the dairy market with strong farmer confidence on the back of record payouts and a favourable growing season leading to some excellent sales. In preferred locations, quality dairy units have enjoyed some of the strongest interest we have seen in several years. Demand certainly outweighs supply in this market sector, and this positively impacts dairy farm prices across the board. We expect the dairy market to remain strong, with the forecast payout looking buoyant for 25/26.
This upcoming selling season may be the perfect time for anyone considering an exit from the industry to capitalise. The dairy support/grazing block market has also benefited from the positivity emanating from the dairy sector. The best outcomes in this market area have been when neighbouring dairy farms can easily utilise the support land. The old real estate adage Location, Location, Location is incredibly apt in this market sector.
The lifestyle market has performed along very similar lines to the residential market. We have seen stronger levels of enquiry and better numbers of attendees at Opens than we saw 12 months ago, but buyers are still being very selective.
Demand certainly outweighs supply in this market sector, and this positively impacts dairy.
In situations where vendors are prepared to meet the market, then deals are being done, but if a vendor is looking for the market to pay a premium, it can be challenging to achieve that outcome.
Property Brokers Waikato are proud to have maintained our position as one of the market leaders for Rural and Lifestyle sales right across the region. In this climate, having a strong selling strategy and a proven agent in your corner is vital. Our proven sales strategy gets our clients the best possible outcome from the market. This strategy revolves around offering the best marketing packages to our clients, utilising the best method of sale for each property, and having the team all work hard to find the best buyer for each property. We understand and respect that selling a property is a huge decision and often a stressful situation, so we always make sure we communicate concisely and regularly to our clients, meaning our clients are fully informed and aware of where things are always at with the sale of their property.
If buying or selling rural or lifestyle property is part of your plan for the spring of 2025, then call one of our rural/lifestyle specialists today. We would love the opportunity to discuss your objectives and put a plan in place as to how we can help achieve your property goals.
Looking to invest in the mighty Waikato? Whether you’re thinking about listing or just curious about the value of your land, now is the time to start the conversation.
