This episode featured as part of the Real Estate segment in partnership with Bayleys Country – your rural and lifestyle property specialists.

Southland rural property sales reached about $1 billion last year, more than double the usual $400 to $450 million. Bayleys Country salesperson Shay Moseby says dairy drove the lift, with about 50 dairy farms changing hands.

“The supply-demand curve’s out of whack,” he says.

“Everyone wants quality.”

Tier-one dairy farms are hitting the early $50,000’s per hectare.

This episode featured as part of the Real Estate segment in partnership with Bayleys Country – your rural and lifestyle property specialists. To learn more about rural and lifestyle property opportunities, or to connect with a local expert, visit bayleys.co.nz/country

CountryWide CONNECT with Andy Thompson & Sarah Perriam-Lampp is our daily rural show livestreamed from 11am-1pm. Visit country-wide.co.nz on how to watch/listen or download the CountryWide CONNECT mobile app, available on Apple iOS and Android.