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

Forestry buyers are steering clear of the Gisborne region and buying elsewhere in the country, says Simon Bousfield, owner and manager of Bayleys Gisborne.

“It was more the local councils, how they were viewing consents and applying consents to forestry land conversion has made it really difficult for any forestry buyers,” he says.

He says farmers are stepping in.

“There’s even mature forestry lots being harvested and being purchased to revert to pasture.

“So at both ends of the pine tree lifespan, there’s reversion back to pasture.”

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.