Mackay queried the increase of lifestyle properties as he believed "Covid has encouraged some people to get out of town".
Newbold agreed, saying Covid-19 had given people from larger metropolitan areas the opportunity to look into the rural market, particularly with working from home capabilities becoming the norm.
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Kiwifruit had been praised as the star of the primary sector during Covid-19. Mackay asked if this had impacted the value of the land.
Newbold said this was interesting, as kiwifruit property had been a little bit quiet recently - and there had been pressure from the banks - but in comparison growers had seen a great return on investment.
As for dairy farms, Mackay believed they would be really good buys, as the industry moved out of a $7 NZD payout season.
Newbold agreed, saying milk products would always be in demand and as long as the return on living was adequate then it could be worth it.
Mackay queried the performance of sheep and beef properties, and the potential for the declining wool and lamb market.
Sheep and beef had held it together really well, compared to other sectors, Newbold said.
"We're starting to see demand from people who weren't traditionally active in that market place".
Property of the Week: Endless options at "Moa Flat"
"Moa Flat" is a diversified property with many possible income streams. Run as an intensive cropping, finishing and calf rearing operation that could be reinstated to a working dairy unit with the consent to milk 360 cows. Other options could be to diversify into sheep / goat milking.
Find out more here.