THIS week’s property review includes this wrap-up of interesting recent listings across New South Wales and Western Australia, and two separate articles on listings in Queensland and sales of note.

• EOI for prime Marra Creek country
• Makeham’s put $15.25m on Young’s Rothesay
• Carbon on offer on WA’s Jingemarra Station
• Grazing country near Perth

EOI for prime Marra Creek country

Prime Marra Creek grazing country in central western New South Wales that changed hands four years ago has returned to the market via expressions of interest closing on August 6.

The 13,600ha Womboin Station is near Girilambone and 111km north of Nyngan and 146km north-west of Warren. Combined with an 843ha crown land lease, Womboin spans 14,443ha.

It is being offered to the market by Gordon Welsh as part of a strategic portfolio realignment across central western regions of both New South Wales and Queensland.

While Sydney-based Meares & Associates were unable to provide a price guide, Mr Welsh purchased Womboin for $13.6 million on a bare basis in September 2022.

The productive and low input cost grazing property is well regarded for both cattle and sheep breeding and finishing, as well as fine wool production.

Since 2022, the vendor’s capital investment in operational infrastructure has lifted the property’s carrying capacity from 6000 ewes to 6500 ewes.

Today, Womboin can run 14,000DSE, as well as background and finish 500 to 1000 opportunistic trade or agistment cattle.

Agent Sam Meares said Womboin provides purchasers with an opportunity to acquire an established operation with further upside in both sheep and cattle production.

“It represents a compelling investment opportunity to secure a large-scale, proven grazing asset in a district long recognised for quality sheep, cattle and wool production.”

“Womboin combines proven carrying capacity, quality output and recent investment in water security and cattle infrastructure to give the incoming owner both reliability and flexibility in normal seasonal conditions but importantly better upside opportunity in wetter years.

The open to lightly timbered country features a diverse soil profile, ranging from alluvial Marra Creek flats along the western boundary through to extensive clay pans and lighter red and brown loams to the east.

Extensive ponding across the clay country has encouraged a strong mix of annual and perennial herbages, clovers and grasses, including old man and bladder saltbush.

The Warrambool, a seasonal watercourse running through the holding, provides an abundance of additional seasonal feed during wet periods.

Boasting 38km Marra Creek frontage, Womboin is watered by 31 dams and three equipped bores, supported by 420mm of annual rainfall.

Infrastructure includes a four-bedroom home on the banks of the Marra Creek overlooking the Homestead Lagoon, a 10-stand shearing shed, renovated shearers quarters, four sheep yards, new steel cattle yards, 1200 tonnes of grain storage and numerous sheds.

Makeham’s put $15.25m on Young’s Rothesay

Simon and Justine Makeham have put a $15.25 million price tag on their picturesque blue-ribbon mixed grazing and farming operation on the south-west slopes of New South Wales.

Owned by the couple since 2014, the 809ha Rothesay is 26km from Young and Wallendbeen and suited to livestock breeding and finishing together with dryland cropping and pasture production.

Around 718ha (89 percent) of the fertile granite loams and red brown earths over clay subsoils are considered arable, with 236ha cropped to wheat and oats and the balance growing improved pastures and supporting 10,700DSE.

Water is secured by three equipped bores and 14 dams in a reliable 709mm annual rainfall region.

Infrastructure includes a renovated 1920s architecturally designed four-bedroom home, a renovated three-bedroom cottage, steel cattle and sheep yards, a four-stand shearing shed, nearly all new fencing and central laneway system, sheds and 130-tonnes of grain storage.

LAWD agents Col Medway and Tim Corcoran are handling the sale.

Carbon on offer on WA’s Jingemarra Station

Elders is marketing a sheep station in Western Australia’s mid-west with a fully registered and reporting HIR carbon project.

Also suited to cattle breeding, the 110,426ha Jingemarra Station is 72km north of Yalgoo and around 2.5 hours from Geraldton.

Jingemarra’s HIR project is managed by Select Carbon and has issued 87,707 ACCUs to date.

Estimated ACCU yield and project generation forecasts over the 25-year project life are available on request, however Mr Smith said best estimates based on the property’s land systems and scale are between 350,000 and 400,000 ACCUs.

“The real opportunity is to use the carbon credit income to create a fully functioning livestock enterprise.”

“ACCU income will provide sufficient income to live very well and carry out the necessary repairs and maintenance while a viable herd of cattle breed up on the property,” he said.

Mr Smith believes most inquiry will come from carbon investors and buyers seeking a solid station that requires some work, but has an underlying income stream until it can be stocked and producing.

Most of the lease sits inside the No 2 state barrier fence and has a potential carrying capacity of 7470DSE or 1067CU.

Mr Smith said the property also features magnificent breakaway and granite country, giving it strong eco-tourism potential.

“The Yalgoo region has a rich history of gold prospecting, pastoralism and aboriginal occupation. The country on Jingemarra provides some areas that are simply spectacular, including towering breakaways with caves and overhangs and granite outcrops.”

Jingemarra Station has 34 watering points, good-quality shallow underground water and a network of creeks supported by long-term average rainfall of 232mm.

Infrastructure includes a circa-1927 six-bedroom homestead with high ceilings, ornate skirting and cornices, polished jarrah floorboards and leadlight feature windows, plus a six-stand shearing shed, sheep yards, shearers’ quarters and numerous sheds.

Jingemarra Station is offered for sale on a bare basis via a two-stage expressions of interest campaign, with stage one closing on July 10.

The 110,426ha Jingemarra Station is 72km north of Yalgoo and around 2.5 hours from Geraldton.

Grazing country near Perth

Expressions of interest are being sought for grazing country with cropping potential north of Perth.

The 1519ha property is 10km north-west of Mogumber, halfway between Moora and Bindoon, in a 570mm long term rainfall region.

It is being offered for sale by the Salvarina family after two generations of ownership.

Elders agent Jeff Bruce said the proximity of 577 Rogers Road to Perth and the Muchea Livestock Selling Centre, 80km to the south, has resulted in good early interest.

“It is an opportunity to secure a large parcel of mostly cattle backgrounding country also suited to sheep production and some cash and fodder cropping.”

In the last six months, the property has undergone extensive fencing refurbishment.

Infrastructure includes a four-bedroom home, a three-bedroom workers cottage, a four-stand shearing shed, steel sheep yards, numerous sheds and six x 2700 bushell grain silos.