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The Country's Jamie Mackay is joined by PGG Wrightson's General Manager for Rural Real Estate Peter Newbold, to take a look at the rural property market this month.
The rural sector was receiving a lot of interest outside of the traditional rural buyers, Newbold said.
Many of the buyers were looking at grazing or finishing blocks around the 1 to 2 million dollar mark, and using it as investment opportunity to lease out to farmers or growers.
Meanwhile, the lifestyle market continued to be a hive of interest. Newbold said the challenge here was that there were not a lot of new listings coming to the market at this stage.