THIS week’s property review includes this wrap-up of interesting recent listings in New South Wales and Victoria, and separate articles on recent listings in Queensland and the NT, and recently completed sales of note.

• Goulburn Valley aggregation offers versatility
• Historic New England grazing heads to auction
• Riverina breeding & fodder country lists separately
• Quambone’s Warrabah heads to auction
• Yamba lifestyle or mixed farming opportunity

Goulburn Valley aggregation offers versatility

A $13.5 million to $15.3 million price guide is being offered for productive grazing and farming country in northern Victoria’s Goulburn Valley.

Featuring extensive frontage to the Goulburn River, the 1950ha Summit Aggregation, pictured above, is located 10km from Nathalia and halfway between Echuca/Moama and Shepparton.

Offered by a local family trading as Summit Farms, the holding comprises 440ha Rothwell Park, 872ha Willunga, 476ha Summit and 162ha Mulberry Tree.

Two Goulburn River water licences totalling 869ML, underpinning the 215ha of irrigation, are available for separate sale.

While the flat landscape has minimal paddock timber making it ideal for large-scale cropping, under the current ownership, the Summit Aggregation has been managed with a focus on sheep and wool production together with a dryland winter cropping and fodder production program.

Historically, 1000ha is cropped alongside 2000 to 2500 Merino ewes and followers.

Around 89 percent of the red-brown earth soils are arable and underpinned by a long history of soil amelioration including lime, gypsum and fertiliser.

With the cropping country currently fallowed, the aggregation presents the incoming operator with an opportunity for immediate access for the 2025 winter season.

Mulberry Tree has 95ha of established irrigation country, providing immediate water access. A further 120ha of older irrigation on Summit offers scope for future development.

Across the aggregation, water is sourced from dams, bores and two licenced pump stations on the Goulburn River.

Inglis Rural Property agent Sam Triggs and Elders Real Estate Deniliquin agent Matt Horne have been appointed to handle the sale.

Mr Triggs described the offering as exceptional.

“The Summit Aggregation represents an opportunity for investors, family operators and locals seeking scale, expansion, high quality and consistently performing farming land.”

“The irrigation land and water provide an excellent opportunity for future development and improvement,” Mr Inglis said.

Infrastructure includes two homes (Summit and Mulberry), numerous sheds and livestock handling facilities, as well as grain storage.

The Summit Aggregation is offered for sale as a whole or as four separate parcels via expressions of interest closing on April 16.

Historic New England grazing heads to auction

The historic high rainfall grazing property Stony Batter, located in the renowned New England region of New South Wales, has returned to the market and will be auctioned on April 16.

The picturesque 1607ha holding is located 21km from Bundarra, halfway between Armidale and Inverell.

Aggregated more than 17 years ago by Sydney-based businessman Chris Nivan who is divesting due to family succession, Stony Batter was offered to the market in 2022 along with the 1509ha Arabanoo at Bingara.

Arabanoo sold to Tim and Rebecca Brazier from the Choice Angus Stud for $5.2m or $3446/ha.

While the grassy box woodland areas are equally suited to cattle and sheep, Stony Batter has been developed for efficient beef performance and was home to the renowned Red Island Beef Angus herd.

Ray White Rural agent Andrew Starr is anticipating good inquiry.

“Stony Batter has been under a grazing lease for two years and is now vacant. It is an expansion opportunity for existing beef producers and its production capacity should attract interstate buyers.”

Mr Starr said the property had been strategically developed to maximise management efficiencies for a self-replacing beef herd operation.

A pasture improvement program has seen select paddocks planted with annual oats, followed by the establishment of perennial subtropical pasture species and clovers.

Mr Starr said Stony Batter provided standalone scale with potential for new management to further drive the levels of grazing production.

Featuring a 7km Gwydir River frontage, Stony Batter is watered by the Camerons and Back Creeks, 50 dams and a 16ML water licence.

Infrastructure includes a circa 1887 four-bedroom homestead, a four-bedroom manager’s home and three cottages. There are two cattle yards, a 1907 eight-stand shearing shed (not operational but well maintained), numerous sheds and two silos.

Riverina breeding & fodder country lists separately

A first-class breeding and fodder factory in New South Wales’ Eastern Riverina, now listed as two separate holdings, is attracting good local and institutional inquiry.

Owned by Rob Topfer and Becky Sparks, Walteela and Fletchers are located 13km from Wagga Wagga on the high side of the Murrumbidgee River – which means they are flood protected.

The main enterprise is irrigated fodder (hay and silage) production. Lucerne is the main crop with around seven cuts a season taken at a yield of 3t/ha per cut.

With all the pivots sown to lucerne, the vendor expects a total annual production of 5000 to 6000 tonnes per year.

Together, Walteela and Fletchers are operated in conjunction with the vendor’s other properties located in the Southern Highlands.

Over the last 12 months, numbers have averaged 500 joined cows and heifers, but the properties can also carry sheep and lambs.

LAWD agent Tim Corcoran said the adjoining properties can operate as a whole or independently.

“Offering them separately has attracted interest from locals and institutions for expansion or as a bolt-on to an existing enterprise,” he said.

Walteela

The 765ha Walteela is the last property on the Murrumbidgee River and boasts 2.5km of frontage, supported by 570mm of annual rainfall.

The highly developed irrigation, dryland cropping and grazing property is offered with a $23.1 million price tag (land and fixed improvements). Two water entitlements totalling 1590ML are available for separate sale.

Over the past three years, the owners have invested more than $1.8m into developing the working infrastructure and irrigation development on Walteela.

There are 192ha of spray irrigation under seven pivots (either new or recently overhauled and refitted) and plans and clearing have been completed for two pivots to further expand the irrigation area by a further 120ha.

Infrastructure includes a four-bedroom home, steel cattle yards and a shed.

Over the past three years, the owners have invested more than $1.8m into developing the working infrastructure and irrigation development on Walteela.

Fletchers

The neighbouring 264ha Fletchers is described by the selling agents as ‘bolt-on scale with a real point of difference to complement existing enterprises.’

Offered for sale for $8.9m (land and fixed improvements), 600ML of water entitlements are available at market value.

More than $1.7m has been invested into developing the working infrastructure and irrigation development, including 112ha of spray irrigation under three new pivot irrigators.

Infrastructure includes a fully enclosed hay shed.

600ML of water entitlements are available at market value with the sale of Fletchers.

Quambone’s Warrabah heads to auction

The Heriot family’s mixed grazing and farming enterprise in New South Wales’ Central West has returned to the market and will be auctioned on March 28.

The 3214ha Warrabah is located 21km east of Quambone and 50km west of Coonamble.

Ray White Rural Scone agent Hamish Firth said Warrabah was presenting well and is attracting good inquiry from producers seeking an asset with mixed farming capabilities.

While the vendor estimates the property can run 800 cows and calves, the operation is currently running 2000 trade cattle on buffel, Mitchell grass and native pastures.

Featuring self-mulching grey to red loams, 890ha were sown to oats in 2023, but the farming capacity could be increased by a further 1214ha.

Around 2.6km of exclusion fencing has been installed on the northern boundary, with an additional 5km of exclusion fencing material purchased for the next stage.

Supported by more than 430mm of rainfall a year, Warrabah is watered by two bores and nine dams with Negara Creek frontage.

Infrastructure includes a five-bedroom home, two three-bedroom cottages, two sheds, a four-stand shearing shed, steel cattle yards and three silos with a total capacity of 160 tonnes.

Yamba lifestyle or mixed farming opportunity

A great opportunity to acquire a lifestyle, semi-retirement or mixed farm close to Yamba and Iluka beaches in northern NSW has come up.

Located on the Pacific Highway 78km to Ballina airport and 100km from Byron Bay, the 22.43ha (55ac) freehold block called Peach Farm is located only a short drive from Yamba (25km), Iluka (20km) and Maclean (20km).

Marketing agent Ben Forrest from Resolute Property Group says the property is a unique rural asset in a beautiful setting with multiple uses and possibilities – offering long term strategic value and a great lifestyle.

Presently about half (14ha) of the property is growing sugarcane under cane a sharefarming agreement.

Accommodation includes a quality built and very homely off-grid ‘Shouse’ with one bedroom, bathroom, kitchen, outdoor living area, laundry, solar & battery powered, NBN internet + mobile reception.

There is also a unique dome-style studio accommodation with shower and toilet suitable for family or Airbnb rental.

Additionally there are eight spacious Hipcamp sites (hired camping sites accessed under an online platform similar to Airbnb), with potential for expansion, plus multiple facilities including café-style shed, toilet block, outdoor bathhouse and pizza house.

The development is set in established gardens with fruit trees, along with a large, new condition, five-bay machinery shed with lock up garage and/or utility room.

The property is being offered for sale by Expressions of Interest closing Wednesday April 16. For details contact Ben Forrest at Resolute Property Group .