District Arable Dairy Finishing Forestry Grazing Horticultu Special All Farms Lifestyle

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1 Number of Sales - All Sales by Type for New Zealand Rural Property Type Jul 2016 Jul 2017 Jun 2018 Jul 2018 Arable Dairy Finishing Forestry Grazing Horticulture Special Total All Farms Lifestyle Blocks Number of Sales - Farms by Type District Arable Dairy Finishing Forestry Grazing Horticultu Special All Farms Lifestyle Northland Auckland Waikato Bay of Plenty Gisborne Hawkes Bay Taranaki Manawatu/Wanga Wellington Nelson West Coast Canterbury Otago Southland New Zealand

2 Number of Sales, Farms - 3 year comparison District Jul 2016 Jul 2017 Jun 2018 Jul 2018 Northland Auckland Waikato Bay of Plenty Gisborne Hawkes Bay Taranaki Manawatu/Wangan Wellington Nelson West Coast Canterbury Otago Southland New Zealand Total Number of Sales, Lifestyle - 3 year comparison District Jul 2016 Jul 2017 Jun 2018 Jul 2018 Northland Auckland Waikato Bay of Plenty Gisborne Hawkes Bay Taranaki Manawatu/Wangan Wellington Nelson West Coast Canterbury Otago Southland New Zealand Total

3 Median Farm Size ha.- All Farm Sales by Type for New Zealand Rural Property Type Jul 2016 Jul 2017 Jun 2018 Jul 2018 Arable Dairy Finishing Forestry Grazing Horticulture Special Total All Farms Median Farm Size ha. - Farms by Type District Arable Dairy Finishing Forestry Grazing Horticultu Special All Farms Northland Auckland Waikato Bay of Plenty Gisborne Hawkes Bay Taranaki Manawatu/Wanga Wellington Nelson West Coast Canterbury Otago Southland New Zealand

4 Median Selling Price per Hectare - All Farm Sales by District and Type District Rural Property Type Jul 2016 Jul 2017 Jun 2018 Jul 2018 New Zealand Arable 44,099 47,687 35,385 37,205 Dairy 35,614 36,332 31,881 31,881 Finishing 26,249 30,882 26,245 26,531 Forestry 5,294 6,375 6,937 6,375 Grazing 15,326 11,274 10,113 10,196 Horticulture 205, , , ,468 Special 148,307 16,121 17,446 16,220 Total All Farms 26,492 27,158 21,745 21,302 Northland Arable Dairy 11,544 12,666 11,251 11,251 Finishing 15,531 30,215 23,950 21,926 Forestry 11,072 8,556 2,657 7,418 Grazing 11,811 9,922 9,363 9,912 Horticulture 149, , , ,330 Special ,284 Total All Farms 13,070 12,411 13,895 12,871 Auckland Arable 171,796 50,133 9,348 9,348 Dairy 0 101,951 23,261 11,442 Finishing 42,956 57,195 47,435 49,551 Forestry , ,856 Grazing 52,236 16,025 17,678 14,201 Horticulture 481, , , ,102 Special 1,098, , Total All Farms 119,254 51,507 39,355 40,076 Waikato Arable 111, ,162 65,672 65,672 Dairy 42,449 41,649 34,681 36,169 Finishing 54,125 34,753 34,796 38,318 Forestry 3, Grazing 22,615 22,753 10,674 12,434 Horticulture 0 100,548 81,025 0 Special 110,746 15, , ,958 Total All Farms 39,000 35,243 29,817 31,676 Bay of Plenty Arable 145,811 55,566 45,271 45,084 Dairy 49,408 11,382 42,525 32,066 Finishing 32,400 30,105 41,582 41,582 Forestry 3,496 26,060 5,927 5,927 Grazing 20, ,054 14,054 Horticulture 270, , , ,342 Total All Farms 156, , , ,007

5 District Rural Property Type Jul 2016 Jul 2017 Jun 2018 Jul 2018 Gisborne Arable 23, ,290,000 0 Dairy Finishing 78,571 6, Forestry 0 18,987 9,366 0 Grazing 7,916 6,184 5,326 0 Horticulture 40, , , ,171 Total All Farms 18,472 20, , ,171 Hawkes Bay Arable 44,945 2,840,000 5,797 5,797 Dairy ,280 27,280 Finishing 21,630 13,965 16,793 19,172 Forestry 0 22, Grazing 6,874 11,458 8,488 9,507 Horticulture 142, , , ,620 Special 0 16,121 12,258 13,358 Total All Farms 24,519 22,205 15,075 17,125 Taranaki Arable 0 0 4,024 4,024 Dairy 69,748 43,951 60,185 48,184 Finishing 0 25,560 37,895 37,895 Forestry 4, ,375 6,375 Grazing 32,706 10,142 34,036 34,036 Horticulture ,929 0 Total All Farms 32,706 30,326 37,895 33,078 Manawatu/WanganArable 44,099 36,296 30,383 22,081 Dairy 0 38,637 23,580 0 Finishing 20,471 23,658 24,674 25,377 Forestry 10,301 33,504 2,656 9,082 Grazing 11,764 7,899 7,577 7,500 Horticulture , ,663 Special 13, ,012 62,012 Total All Farms 17,178 15,394 19,888 16,005 Wellington Arable 78, ,626 90,204 46,700 Dairy 28, Finishing 30,273 30,303 25,476 30,446 Forestry 2,274 3,670 29,012 29,012 Grazing 5,771 5,721 8,576 7,768 Horticulture 26, ,729 86,729 Total All Farms 21,322 12,497 16,250 15,590 Nelson Arable 29, ,701 42,505 Dairy 24,493 18,311 22,827 22,827

6 District Rural Property Type Jul 2016 Jul 2017 Jun 2018 Jul 2018 Finishing 23,912 39,327 34,357 20,295 Forestry 6,893 5,125 5,825 0 Grazing 11,800 20,600 5,263 5,263 Horticulture 185, , , ,494 Special 22, ,197 3,197 Total All Farms 28,184 20,834 18,081 18,141 West Coast Arable 0 0 3,354 0 Dairy ,141 9,345 Finishing 0 13, Forestry Grazing 9,524 6,000 8,240 5,453 Horticulture Total All Farms 9,524 11,366 9,331 8,240 Canterbury Arable 21,411 53,328 35,385 37,205 Dairy 42,678 42,835 50,435 50,435 Finishing 37,376 34,912 26,321 26,371 Forestry 8,973 4,699 11,361 0 Grazing 15,242 9,595 8,573 8,573 Horticulture 344,232 43,004 36,999 12,909 Special 62, ,446 17,446 Total All Farms 26,874 33,675 24,190 25,188 Otago Arable 16,431 25,346 90,772 64,321 Dairy 22,581 36,484 17,860 17,860 Finishing 9,403 30,319 22,973 24,864 Forestry 0 20,691 14,167 11,528 Grazing 15,018 5,887 7,838 7,674 Horticulture 0 140, ,500 Special 295, Total All Farms 11,498 24,458 14,358 14,358 Southland Arable 34,594 26,225 30,876 29,653 Dairy 33,986 22,324 23,008 23,808 Finishing 19,357 25,259 25,610 27,710 Forestry 6, ,924 4,924 Grazing 24,007 12,413 13,355 13,990 Horticulture ,970 36,558 Special ,807 14,993 Total All Farms 24,007 22,869 21,137 18,793

7 Median Sales, Lifestyle - 3 year comparison District Jul 2016 Jul 2017 Jun 2018 Jul 2018 Northland 399, , , ,506 Auckland 1,260,000 1,180,000 1,256,500 1,238,000 Waikato 560, , , ,000 Bay of Plenty 580, , , ,000 Gisborne 410, , , ,250 Hawkes Bay 470, , , ,000 Taranaki 456, , , ,000 Manawatu/Wangan 320, , , ,000 Wellington 538, , , ,500 Nelson 555, , , ,000 West Coast 168, , , ,000 Canterbury 645, , , ,500 Otago 462, , , ,000 Southland 372, , , ,500 New Zealand Total 570, , , ,000

8 Farms - Median Price per Hectare 3-Year trend - All New Zealand

9 Lifestyle - Median Sale Price 3-Year Trend