Mrs Iona McCarthy staff profile picture

Contact details +64 (06) 356 9099  ext. 84046

Iona McCarthy MBS (V&PM), BAgrSci (RV&M), FPINZ

Senior Lecturer

School of Economics and Finance

Programme Director - Bachelor of AgriCommerce

College of Sciences

I have made a long standing contribution to the property discipline at Massey University. I have taught into ten different papers in subject areas related to property valuation, real estate investment and farm management.

My research interests are wide ranging and in recent years have included; property education, housing values, and rural property markets.

I am a registered valuer with professional valuation experience in both residential and rural valuation. I am a very well respected member of the valuation profession as evidenced by my status as a Fellow of the Property Institute of New Zealand (2006) and the PINZ Academic Award (2007).

I have been involved in the development of agricommerce and agribusiness programmes for many years and my sustained practical farming experience has been very valuable in programme development and teaching in this area.


Roles and Responsibilities

Research experience in property valuation led to lead role in commissioned research in the emerging area of impact of wind facilities on property value.

Collaborative research with Massey University colleague on farmland prices and returns.

Collaborative research with Massey University colleague on post remediation stigma of leaky homes.

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Professional

Contact details

  • Ph: +64 6 3505799 +84046
    Location: 4.28, SST
    Campus: Turitea

Qualifications

  • Master of Business Studies (Valuation and Proper - Massey University (1998)
  • Bachelor of Agricultural Science (Rural Valuatio - Massey University (1980)
  • Fellow of the Property Institute of New Zealand - Property Institute of New Zealand (2006)

Research Expertise

Research Interests

Conduct research in areas relating to valuation and property management with special interest in rural issues

Recent research has included:

Changing rural land use

Rural property cycles

The impact of wind farm development on property value

Property Education

Farmland prices and returns

Thematics

Resource Development and Management

Area of Expertise

Field of research codes
Agricultural And Veterinary Sciences (070000): Agricultural Land Management (070101): Agriculture, Land and Farm Management (070100):
Commerce, Management, Tourism And Services (150000): Commercial Services (150400):
Farm Management, Rural Management and Agribusiness (070106):
Real Estate and Valuation Services (150403)

Keywords

Rural and urban valuation methodology

Rural property markets

Rural finance

Property cycles

Changing rural land use

Property education

Research Outputs

Journal

McCarthy, I., & Squires, G. (2017). Improving Water Quality with Rural Land Use Policy: (Re)Balancing Farmland Regulation, Intensification, and Financial Viability. Town Planning Review. 8(6)
[Journal article]Authored by: McCarthy, I., Squires, G.
Shi, S., McCarthy, IA., & Uyen, N. (2017). Leaky building stigma: Can it be eliminated by remediation?. International Journal of Housing Markets and Analysis. 10(3), 328-351 Retrieved from http://www.emeraldinsight.com/doi/abs/10.1108/IJHMA-06-2016-0043
[Journal article]Authored by: McCarthy, I.
McCarthy, I., & Balli, HO. (2014). Windfarms and residential property values. International Journal of Strategic Property Management. 18(2), 116-124
[Journal article]Authored by: McCarthy, I., Ozer-Balli, H.
McCarthy, I. (2013). Rural valuation methods: Strategy and structures. : OneFarm Centre of Excellence in Farm Business Management
[Internet publication]Authored by: McCarthy, I.
Shi, S., & McCarthy, I. (2013). Pricing of New Zealand dairy farmland. Journal of Property Investment and Finance. 31(2), 118-134 Retrieved from http://www.emeraldinsight.com/journals.htm?issn=1463-578x&volume=31&issue=2&articleid=17082781&show=abstract
[Journal article]Authored by: McCarthy, I.
Shi, S., & Mccarthy, I. (2013). Pricing of New Zealand dairy farmland. Journal of Property Investment & Finance. 31(2), 118-134
[Journal article]Authored by: McCarthy, I.
McCarthy, I., & Hargreaves, B. (2012). Foreign ownership of rural land. Property Quarterly Magazine. 2(3), 3-6 Retrieved from http://issuu.com/propertynz/docs/pq201209
[Journal article]Authored by: McCarthy, I.
Fortes, R., & McCarthy, I. (2010). Renovate for profit: New Zealand residential case study. Property Management. 28(5), 358-369
[Journal article]Authored by: McCarthy, I.
Hargreaves, RV., & McCarthy, IA. (2010). Is New Zealand farm land worth what it will produce?. Australia and New Zealand Property Journal. 2(6), 365-374
[Journal article]Authored by: Hargreaves, R., McCarthy, I.
Hargreaves, RV., & McCarthy, IA. (2009). What is an appropriate basis for the valuation of farm land?. Primary Industry Managment. 13, 9-13
[Journal article]Authored by: Hargreaves, R., McCarthy, I.
McCarthy, IA. (2009). Professional development for recent graduates. Australia and New Zealand Property Journal. 2(2), 118-123
[Journal article]Authored by: McCarthy, I.
McCarthy, IA. (2004). Can forestry land produce milk? An economic analysis of changing rural land use. New Zealand Property Journal. , 41-48
[Journal article]Authored by: McCarthy, I.
McCarthy, IA. (2004). Financial viability of a forestry/pastoral rotation: An economic analysis of changing rural land use. Australian Property Journal. 38(2), 99-104
[Journal article]Authored by: McCarthy, I.
Hargreaves, RV., & McCarthy, IA. (2003). Rural market steady. Real Estate Market Outlook Survey: Rural Market. 8(4)
[Journal article]Authored by: Hargreaves, R., McCarthy, I.
McCarthy, I. (2003). Rural valuation: Turning the coin over. Primary Industry Management. 6(3), 9-11
[Journal article]Authored by: McCarthy, I.
Callanan, J., & McCarthy, I. (2003). Property education in New Zealand: Industry requirements and student perceptions. Journal of Real Estate Practice and Education. 6(1), 23-32
[Journal article]Authored by: McCarthy, I.
McCarthy, I. (2002). The market for New Zealand dairy farms following the formation of Fonterra Cooperative Group. New Zealand Property Journal. , 27-31
[Journal article]Authored by: McCarthy, I.
McCarthy, I. (2000). The New Zealand dairy industry: Struggling to restructure. Primary Industry Management. 3(1), 17-20
[Journal article]Authored by: McCarthy, I.

Book

McCarthy, IA.(2011). Windfarms and residential property values. School of Economics and Finance
[Discussion Paper]Authored by: McCarthy, I.

Report

Hargreaves, RV., & McCarthy, IA.(2008). Real estate market outlook survey: Rural market.
[Technical Report]Authored by: Hargreaves, R., McCarthy, I.
Hargreaves, RV., & McCarthy, IA.(2008). Real estate market outlook survey - Rural market: Rural market confidence down.
[Technical Report]Authored by: Hargreaves, R., McCarthy, I.
Hargreaves, RV., & McCarthy, IA.(2007). Real estate market outlook survey - Rural market: Rural markets diverge.
[Technical Report]Authored by: Hargreaves, R., McCarthy, I.
Hargreaves, RV., & McCarthy, IA.(2007). Real estate market outlook survey - Rural market: Rural market set to move.
[Technical Report]Authored by: Hargreaves, R., McCarthy, I.
Hargreaves, RV., & McCarthy, IA.(2007). Real estate market outlook survey - Rural market: Rural market revival?.
[Technical Report]Authored by: Hargreaves, R., McCarthy, I.
McCarthy, IA. (2007). Impact of windfarm development on adjacent property values: Manawatu and Tararua Region, New Zealand. MainPower.
[Commissioned Report]Authored by: McCarthy, I.
McCarthy, IA. (2007). Property education in New Zealand: Results of a survey of students, graduates and employers.
[Commissioned Report]Authored by: McCarthy, I.
Hargreaves, RV., & McCarthy, IA.(2007). Real estate market outlook survey - Rural market: Rural market stalls.
[Technical Report]Authored by: Hargreaves, R., McCarthy, I.
Krausse, M., Burns, B., & McCarthy, IA.(2006). Land use succession in the Marlborough Sounds.
[Technical Report]Authored by: McCarthy, I.
Hargreaves, RV., & McCarthy, IA.(2006). Real estate market outlook survey - Rural market: Rural market set for correction?.
[Technical Report]Authored by: Hargreaves, R., McCarthy, I.
Hargreaves, RV., & McCarthy, IA.(2006). Real estate market outlook survey - Rural market: Rural markets flat lining.
[Technical Report]Authored by: Hargreaves, R., McCarthy, I.
Hargreaves, RV., & McCarthy, IA.(2006). Real estate market outlook survey - Rural market: Rural markets still flat lining.
[Technical Report]Authored by: Hargreaves, R., McCarthy, I.
Hargreaves, RV., & McCarthy, IA.(2006). Real estate market outlook survey - Rural market: Rural markets to flatten.
[Technical Report]Authored by: Hargreaves, R., McCarthy, I.

Conference

Dooley, AE., Apparao, MD., McCarthy, IA., & Shadbolt, NS.Envisaging future dairy farm systems.. Paper presented at the meeting of http://www.ifma21.org/content/large/congress-documents/contributed-papers-presentations/wednesday/w1_paper_5_envisaging_future_dairy_farm_systems.pdf. Edinburgh
[Conference Paper]Authored by: Dooley, A., McCarthy, I., Shadbolt, N.
Dooley, A., & McCarthy, IA.Dairy farm succession: Rural professionals' skills requirements and training needs. . Edinburgh, United Kingdom
[Conference Paper]Authored by: Dooley, A., McCarthy, I.
Shi, S., Uyen, N., & McCarthy, IA.(2016). Leaky Building Stigma: Can It Be Eliminated By Remediation? Evidence From Professional Survey. . Sunshine Coast, Queensland, Australia
[Conference Paper]Authored by: McCarthy, I.
McCarthy, IA.(2016). The impact of Nutrient limits on farmland value. Paper presented at the meeting of www.prres.net/proceedings.htm. Sunshine Coast, Queensland, Australia
[Conference Paper]Authored by: McCarthy, I.
McCarthy, I., & Lawrence, M. (2013). An assessment of rural valuation methods for dairy farm financing. In 19th Annual Pacific Rim Real Estate Society [PRRES] Conference: Abstracts, 19th Annual Pacific Rim Real Estate Society [PRRES] Conference Australia: Pacific Rim Real Estate Society
[Conference Abstract]Authored by: McCarthy, I.
McCarthy, I., & Lawrence, M. (2013, January). An assessment of rural valuation methods for dairy farm financing. Presented at 19th Annual Pacific Rim Real Estate Society [PRRES] Conference. Melbourne, VIC, Australia.
[Conference Oral Presentation]Authored by: McCarthy, I.
McCarthy, IA., & Lawrence, M.(2013). An assessment of rural valuation methods for dairy farm financing. . Melbourne, Australia
[Conference Paper]Authored by: McCarthy, I.
Shi, S., & McCarthy, I. (2011). Dairy farmland prices and return expectations in New Zealand. 17th Pacific Rim Real Estate Society Conference. (pp. 1 - 27).
[Conference Paper in Published Proceedings]Authored by: McCarthy, I.
McCarthy, I. (2010). The role of a viva voce (oral examination) for property students. 16th Annual Conference of the Pacific Rim Real Estate Society. (pp. 1 - 6).
[Conference Paper in Published Proceedings]Authored by: McCarthy, I.
Hargreaves, RV., & McCarthy, IA.(2010). Is New Zealand farm land worth what it will produce?. . Wellington, NZ
[Conference Paper]Authored by: Hargreaves, R., McCarthy, I.
Fortes, RM., & McCarthy, IA. (2009). Renovate for profit an exploratory residential case study in New Zealand. Proceedings of the Fifteenth Pacific Rim Real Estate Society Conference. (pp. unpaged).
[Conference Paper in Published Proceedings]Authored by: McCarthy, I.
McCarthy, I. (2005, June). Investing in change: An economic analysis of rural development over time. Presented at European Real Estate Society Annual Conference 2005. Dublin, Ireland.
[Conference Oral Presentation]Authored by: McCarthy, I.
McCarthy, I. (2005, January). The New Zealand dairy industry - struggling to restructure. Presented at Pacific Rim Real Estate Society Conference 2000. Sydney, NSW.
[Conference Oral Presentation]Authored by: McCarthy, I.
McCarthy, I. (2002). The market for New Zealand dairy farms following the formation of Fonterra cooperative group. Pacific Rim Real Estate Conference 2002. Christchurch, NZ
[Conference Paper in Published Proceedings]Authored by: McCarthy, I.
McCarthy, I. (2001). Simplifying the issues in valuing dairy farms. AMP Banking NZIPIM Conference 2001. (pp. 128 - 134). Palmerston North, NZ
[Conference Paper in Published Proceedings]Authored by: McCarthy, I.
Hargreaves, RV., & McCarthy, I. (2000, April). The effect of restructuring dairy co-operatives on farmland values. Presented at Roots 2000 Conference. Wye College, Kent, UK.
[Conference Oral Presentation]Authored by: Hargreaves, R., McCarthy, I.

Other

McCarthy, IA. (2014). Big dry shows risk of investing in agriculture.
[Other]Authored by: McCarthy, I.
McCarthy, IA. (2014). A beginners guide to leasing.
[Other]Authored by: McCarthy, I.
McCarthy, IA. (2014). Are covered pads a good investment?.
[Other]Authored by: McCarthy, I.
McCarthy, IA. (2008, September). JVL 3rd annual spring sellers information series. In Interested public. Presented at Hotel Coachman, Palmerston North, New Zealand.
[Oral Presentation]Authored by: McCarthy, I.
McCarthy, IA. (2008, July). The real estate market in 2008. In Feilding Rotary Club. Presented at Feilding, Manawatu, New Zealand.
[Oral Presentation]Authored by: McCarthy, I.
Fortes, RM., & McCarthy, IA. (2008, April). Time value of money and discounted cash flows. In Property Institute of New Zealand Continued Professional Development Seminar. Presented at Auckland & Wellington, NZ.
[Oral Presentation]Authored by: McCarthy, I.
Hargreaves, RV., & McCarthy, IA. (2006). Property prices dropping. (pp. 30).
[Other]Authored by: Hargreaves, R., McCarthy, I.
Hargreaves, RV., & McCarthy, IA. (2005). Rural markets cooling?. Massey University, Real Estate Analysis Unit
[Other]Authored by: Hargreaves, R., McCarthy, I.
Hargreaves, RV., & McCarthy, IA. (2005). Increased confidence in rural market. Massey University Real Estate Analysis Unit
[Other]Authored by: Hargreaves, R., McCarthy, I.
Hargreaves, RV., & McCarthy, IA. (2004). Mixed signals from rural market. (pp. 1 - 3). Massey University, Real Estate Analysis Group
[Other]Authored by: Hargreaves, R., McCarthy, I.
Hargreaves, RV., & McCarthy, IA. (2004). Rural market pauses. (pp. 1 - 2). Massey University Real Estate Analysis Unit
[Other]Authored by: Hargreaves, R., McCarthy, I.

Supervision and Teaching

Teaching

Many years of teaching experience with current sole responsibility for:

•Lecturing, administration, fieldwork associated with the third year rural valuation paper taught internally and extramurally in the Bachelor of AgriCommerce degree

•Lecturing, administration, fieldwork associated with the second year rural valuation paper taught in block mode to rural bankers

Joint responsibility:

•Lecturing, administration, fieldwork associated with the second year valuation paper taught internally and extramurally in the Bachelor of Business Studies and the Bachelor of AgriCommerce degree

•Lecturing, administration, fieldwork associated with two third year farm management papers taught internally and extramurally in the Bachelor of AgriCommerce degree

Media and Links

Media

  • 28 Oct 2014 - Newspaper
    Are covered pads a good investment?
    Rural property column for Farmers Weekly
  • 25 Jun 2014 - Newspaper
    A beginners guide to leasing
    Rural property column for the Farmers Weekly
  • 09 Apr 2013 - Newspaper
    Big dry shows risk of investing in agriculture
    Rural property column for Farmers Weekly
  • 07 Jan 2017 - Newspaper
    Repaired leaky homes worth 1/4 less
    Media report on research into post remediation stigma of leaky home
  • 05 Dec 2016 - Newspaper
    Watergate: the rot continues
    Newspaper report on research into post remediation stigma of leaky homes

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