
According to the latest data from Christie & Co, on average, nurseries sold for 7.7 per cent higher in 2024 than the previous year (see pricing chart). However, the broker acknowledges that the quality of settings sold last year was ‘notably stronger’.
A breakdown of the figures within its Business Outlook report shows the average price of medium-sized nursery group sales increased by over 10 per cent, while small group and single setting sales rose by an average of 1 per cent.
Single settings remain in ‘high demand’ and ‘exceptional’ prices have continued to be achieved for high-quality sites in desirable locations, however.
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