Update on East Coast rural property market

Rural Exchange 14/10/2018

The Poverty Bay A&P Show is more about the people than selling houses for the Bayleys Gisborne team.

Rural Exchange co-host Richard Loe spoke to rural specialist Simon Bousfield at the event.

"It's an opportunity to have a chat, have a beer, have some lunch and not necessarily talk about property, but have a good catch-up," Mr Bousfield said.

He says the rural property market in Gisborne is strong at the moment, and a great example of that is the Vinoptima Estate Winery property currently for tender.

Mr Bousfield believes the increased interest in Gisborne property might be due to rising prices around the country.

"We've got a good farming climate, good strong country, and people are getting their heads around being a bit more remote."

Rural Real Estate on Rural Exchange is a regular feature on REX thanks to our friends at Bayleys Real Estate.

Listen to the full interview with Simon Bousfield above.

Rural Exchange with Hamish McKay, Sarah Perriam and Richard Loe, 5-7am Saturday and Sunday on RadioLIVE with Carter’s Tyre Service. Click here for all the ways to watch and listen.