Mycoplasma bovis is taking a financial toll on those with infected farms but is it having an impact on rural property sales?
The GM of PGG Wrightson Real Estate, Peter Newbold spoke to The Country's Jamie Mackay about the influence the cattle disease is having on land prices and sales.
Support blocks are lifting in price as dairy farmers look to become self-contained says Newbold.
"That's what we're seeing at the moment, more interest and I think more opportunities in that space as farmers want to look after their stock without sending them out to other properties."
Newbold says M. bovis has had an impact on larger dairy properties but overall it depends on where the farm is located in New Zealand. In fact, he recently attended an auction on the outskirts of Cambridge where a dairy property sold for $11.1 million.