Lifestyle / Hobby Farms

Are there any tips for getting a mortgage with Lifestyle ... All sorts of factors influence a bank’s decision making when it comes to financing small farms.
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How can I generate income from livestock on a Lifestyle or Hobby Farm?

If you want your rural lifestyle farm to generate some income but you still need to hold a job in the city, it’s sensible to look towards some of the easier breeds for first time farmers. It’s also vital that you are realistic in your expectations. Lifestyle farms rarely make a profit but costs can be mitigated.

Consider raising livestock such as:
  • Goats
  • Sheep
  • Alpacas & Llamas
  • Cows
  • Chickens
  • Pigs
  • Rabbits
‘Niche’ or ‘value added’ marketing is generally thought to be the best approach. Raise a livestock species that can be marketed to a specific demographic.

However, ask your real estate agent for advice about whether the property you desire is suitable for your particular choice of livestock. First National’s ‘Lifestyle Specialists’ will be only too happy to assist.
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