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Rural Sales for Auckland Region Q4 2011

Data released by the REINZ shows that in the Auckland Region there were 42 more farm sales (+ 20%) made in the 3 months ended December in 2011 (Quarter 4 2011) than for the 3 months ended December 2010. Overall in the Auckland region there were 249 farm sales.

Two districts in Auckland Region make up 77% of all farm transactions, Franklin with 44%, and Rodney with 33%. In Quarter 4 2011, Franklin had 82 sales, up 25 from Quarter 4 2010, while Rodney was up 22 sales in the same period, to 109.

91% of Farm sales in the Auckland region for Quarter 4 2011, were for Lifestyle properties. The average size of these Lifestyle properties was 3.1 hectares, with an average per hectare price of $507,152. This average is the highest quarterly average per hectare achieved this year, though was down from the average achieved in Q4 2010 of $527,080.

Auckland Region achieved farm sales of 960 for the full 2011 year, a rise of 11% on 2010 and 7% higher than 2009.

Region Q4 2011 Q4 2010
Auckland City104
Franklin District8257
Manukau City1312
North Shore City129
Papakura District1011
Rodney District10987
Thames Coromandel District38
Waitakere City1019
TOTAL249207

Rural Sales Auckland Region Q4 2011

Rural Sales by Property Type Auckland Region Q4 2011

Average Price per Hectare Lifestyle Blocks Auckland Region

Auckland Region Lifestyle Properties Sold by Quarter