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 Aug 2015 Aug 2016 Jul 2017 Aug 2017 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 Aug 2015 Aug 2016 Jul 2017 Aug 2017 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 Aug 2015 Aug 2016 Jul 2017 Aug 2017 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 Aug 2015 Aug 2016 Jul 2017 Aug 2017 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 Aug 2015 Aug 2016 Jul 2017 Aug 2017 New Zealand Arable 54,000 54,895 47,687 57,112 Dairy 26,906 40,469 36,332 37,842 Finishing 26,038 27,208 30,882 30,566 Forestry 9,035 9,882 6,375 5,038 Grazing 16,998 15,326 11,274 11,355 Horticulture 190, , , ,546 Special 35, ,307 16,121 19,078 Total All Farms 27,872 27,500 27,158 27,928 Northland Arable 105, Dairy 14,511 11,321 12,666 21,941 Finishing 9,213 17,075 30,215 29,442 Forestry 35,853 10,984 8,556 2,521 Grazing 11,635 9,182 9,922 11,326 Horticulture 130, , ,891 31,180 Total All Farms 13,150 14,504 12,411 12,420 Auckland Arable 319, ,372 50,133 0 Dairy 19, ,951 39,024 Finishing 34,812 43,796 57,195 73,113 Forestry 18, Grazing 37,959 36,084 16,025 33,075 Horticulture 397, , , ,777 Special 165,698 1,090, , ,682 Total All Farms 80, ,347 51,507 60,206 Waikato Arable 55, , , ,609 Dairy 58,249 40,795 41,649 38,291 Finishing 31,955 36,546 34,753 32,944 Forestry 0 3, ,717 Grazing 21,818 22,997 22,753 18,902 Horticulture ,548 0 Special 0 110,746 15,559 33,642 Total All Farms 32,202 34,131 35,243 34,753 Bay of Plenty Arable 0 145,811 55,566 0 Dairy 21,625 40,831 11,382 11,382 Finishing 17,337 38,827 30,105 30,105 Forestry ,060 10,464 Grazing 16,998 20, Horticulture 223, , , ,684 Special 38, Total All Farms 177, , , ,449

5 District Rural Property Type Aug 2015 Aug 2016 Jul 2017 Aug 2017 Gisborne Arable 19,837 23, Dairy Finishing 0 78,571 6,273 0 Forestry ,987 18,987 Grazing 0 5,238 6,184 6,184 Horticulture 164, , ,973 90,236 Total All Farms 122,157 51,037 20,925 13,231 Hawkes Bay Arable 18,827 65,371 2,840,000 2,840,000 Dairy Finishing 12,723 10,612 13,965 21,115 Forestry ,326 0 Grazing 14,410 17,475 11,458 0 Horticulture 61, , , ,971 Special ,121 16,121 Total All Farms 15,040 44,750 22, ,266 Taranaki Arable Dairy 15,299 45,709 43,951 37,394 Finishing 21, ,560 37,511 Forestry 762 4, Grazing 9,321 16,235 10,142 21,069 Horticulture Total All Farms 15,299 16,235 30,326 31,996 Manawatu/WanganArable 21,987 44,478 36,296 45,241 Dairy 20, ,637 37,974 Finishing 11,016 23,874 23,658 23,658 Forestry 10,187 10,301 33,504 21,458 Grazing 7,357 11,764 7,899 7,899 Horticulture 19, Special 0 8, ,078 Total All Farms 12,839 16,584 15,394 16,020 Wellington Arable 6,260 45, , ,626 Dairy 0 51, Finishing 25,763 27,061 30,303 30,303 Forestry 0 0 3,670 3,670 Grazing 19,485 4,853 5,721 8,204 Horticulture Special 2, Total All Farms 18,027 17,353 12,497 12,497 Nelson Arable 61,788 40, ,006,404 Dairy ,311 18,839

6 District Rural Property Type Aug 2015 Aug 2016 Jul 2017 Aug 2017 Finishing 29,104 33,506 39,327 32,117 Forestry 1,680 9,882 5,125 12,066 Grazing 7,212 7,972 20,600 7,356 Horticulture 175, , , ,391 Total All Farms 52,466 33,506 20,834 21,067 West Coast Arable Dairy Finishing ,108 13,108 Forestry Grazing 4,895 9,524 6,000 6,000 Horticulture Special 0 3, Total All Farms 4,895 6,707 11,366 11,366 Canterbury Arable 33,077 29,432 53,328 52,333 Dairy 21, ,835 46,930 Finishing 33,113 35,771 34,912 35,976 Forestry 10,418 10,309 4,699 4,699 Grazing 22,897 13,104 9,595 12,031 Horticulture 30,435 42,000 43,004 41,390 Special 0 62, Total All Farms 23,513 26,957 33,675 37,452 Otago Arable 31,250 50,000 25,346 23,443 Dairy 16,748 30,492 36,484 43,195 Finishing 34,525 15,714 30,319 23,359 Forestry ,704 20,691 26,921 Grazing 11,289 18,370 5,887 6,390 Horticulture 39,179 48, , ,286 Special 35, , Total All Farms 14,585 18,370 24,458 23,968 Southland Arable 10, ,225 0 Dairy 33,182 41,797 22,324 23,214 Finishing 54,843 20,092 25,259 23,720 Forestry Grazing 24,700 19,285 12,413 12,413 Horticulture Total All Farms 24,700 20,893 22,869 23,354

7 Median Sales, Lifestyle - 3 year comparison District Aug 2015 Aug 2016 Jul 2017 Aug 2017 Northland 355, , , ,000 Auckland 949,500 1,205,000 1,180,000 1,200,000 Waikato 480, , , ,000 Bay of Plenty 590, , , ,000 Gisborne 490, , , ,000 Hawkes Bay 475, , , ,500 Taranaki 450, , , ,000 Manawatu/Wangan 315, , , ,000 Wellington 510, , , ,000 Nelson 500, , , ,000 West Coast 85, , , ,000 Canterbury 661, , , ,500 Otago 475, , , ,500 Southland 398, , , ,000 New Zealand Total 545, , , ,000

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

9 Lifestyle - Median Sale Price 3-Year Trend