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Fewer Rural Land Sales

Transfers of rural properties decreased from 8455 in 1961-62 to 7289 in 1962-63. according to the Acting Government Statistician, Mr W A. Butterworth. The amount of money involved dropped from £ 63.3 m to £ 49.5 m.

The bulk of the transfers were of freehold properties The 6782 freehold transfers last year involved 1.135.464 acres and £ 46.2 m changed hands The average price an acre was £4O 72 compared with £41.6 an the previous year. Transfers of rural leasehold land totalled only 507, involving an area of 209,736 acres and £3.3m.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP19630611.2.179

Bibliographic details

Press, Volume CII, Issue 30154, 11 June 1963, Page 18

Word Count
93

Fewer Rural Land Sales Press, Volume CII, Issue 30154, 11 June 1963, Page 18

Fewer Rural Land Sales Press, Volume CII, Issue 30154, 11 June 1963, Page 18