THIS week’s property review includes this wrap-up of interesting recent listings across the country, and a separate article of recently-completed sales of note.
After receiving almost 130mm of recent summer rain, strong interest is anticipated in the Stonehenge district (Central western Queensland) breeding property Depot Glen.
The 8819ha holding, pictured above, suitable for backgrounding and fattening, is located 140km from Longreach. It is being sold with 3642ha of stock route. Wally Cooper from Rural Property and Livestock is handling the sale.
The country will grow a number of highly palatable species including bluebush and lignum with several native grasses and herbages such as potato vine, pigweed, Flinders grass and channel sorghum. Rain in autumn will bring up Cooper Clover. The balance is semi timbered gidgyea, whitewood, boree with areas of Mitchell grass downs and buffel grass on sandy, red ridges.
Depot Glen is owned by Dick and Sue Smith who are retiring after 38 years ownership.
The property boasts a 23km Thomson River frontage and 70 percent flood-out country. There are two large dams and numerous permanent waterholes.
Mr Cooper says Depot Glen can carry 1000 adult equivalents in season.
“The flood-out country has consistently recorded weightgains of 1.5kg/day which reflects the quality of the pasture. One could say it is almost like a natural feedlot,” he said
Meanwhile, Brodie Agencies is asking $3.5 million for the Jundah grazing property Mutti, 230km south of Longreach.
Having recently received around 100mm of rain, the 30,562ha property presents in good condition with the capacity to grow and finish cattle.
The owners, Tim and Debbie Phelps have been using Mutti as finishing country for heavy feeders and bullocks. Depending on the season, they estimate the property can carry between 1000 and 1500 adult equivalents.
The country is predominately sweet pebbly downs with scattered gidgee and boree and is watered by a central bore and 12 dams. Around 25km of boundary fencing has recently been renewed.
Selling agent Josh Phelps said with the recent resurgence in the sheep industry, he was likely to field calls from western NSW.
“Mutti is also excellent wool growing country and could easily be converted back to a sheep enterprise, with a shearing shed and adjacent sheep yards in good working order,” he said.
The Phelps, who own country at Roma and Tambo have decided to consolidate.
They will offer the successful purchaser early access for 500AE and/or the option to purchase a further 600 head of store steers (currently on the property) at the signing of an unconditional contract or finance approval.
Newly-sprouted grass is also a key selling point for Julia Creek grazing property Wivenoe, recently placed on the market through Dowling Livestock & Property.
Located east of Julia Creek, Wivenhoe is a little over 11,700ha (29,000 ac) of quality downs fattening or breeding country in tick-free area, offering low cost good grass and reliable water.
Vendors Damien Curr and Bridget Adams are offering the well-developed property, which they have used as a dry cattle depot in conjunction with a breeding operation, bare of stock. Showing a good response to recent rainfall, the vendors estimate a long-term average stocking rate of 1200 adult equivalents.
Grassed with a strong body of perennial Mitchell grasses, with annual Flinders grass mixed throughout. Blue grass and Bull Mitchell grass is found in the channels. There is a strong cover of summer herbages evident, including pig weed, button grass and a variety of vine and other edible weed.
Water is a feature with one centrally-located flowing Artesian bore reticulating water to 21 troughs and a tank, through a poly pipe system. The system requires no pumping and supplies water to all troughs under the constant pressure supplied from the bore. The water is well developed with 3km watering radius.
Two sets of permanent and panel yards are located at either end of the properties.
Entry-level buyers or local producers seeking expansion are expected to bid for three attractive New England (NSW) properties currently exposed to the market.
The first is Devoncourt, a 227ha productive grazing block near Guyra.
Andrew Starr from Ray White Rural said the property boasts excellent water, through extensive frontage to the reliable Laura Creek, with large waterholes offering security for livestock, and also well-regarded for trout fishing.
The high-yielding equipped bore services stock troughs, plus the earthen dams ensure a high level of water security.
A good percentage of Devoncourt has arable creek flats and gently undulating country, considered ideal for cropping, hay-making or pasture renovation to intensify livestock production.
Mr Starr said the property is lightly stocked and will be sold with an abundance of grass.
“Tony and Christine McRae rate Devoncourt at 1300 to 1500 DSE depending on management. There is a real opportunity to increase the productivity of this property with further development of the arable land,” he said.
Devoncourt will be auctioned on March 26.
Meantime, the largest subdividable land holding on the southern outskirts of Glen Innes will also be auctioned by Ray White Rural the following day.
The 229ha Cherry Tree Farms is located 5km from Glen Innes and 100km from the New England city of Armidale.
The picturesque property is located in a sheltered valley with basalt soils. Ninety percent is arable and 75pc is certified organic.
Owners Phil and Bettina Lynn fatten and trade cattle and grow organic and non-organic spelt wheat and soybeans. They also use Cherry Tree Farms as a depot for their Ausgoat business.
Over the years, the property has successfully grown a range of summer and winter cereals, pulse and fodder crops. It can carry 3300 dry sheep equivalents or 220 breeding cows or 330 steers.
Boasting an 850mm annual rainfall, it is a well-watered property with bore water reticulated throughout, as well as a spring fed creek and dams.
Selling agent Geoff Hayes said the property was being offered for sale for the first time in 54 years.
“There has been good inquiry, particularly from locals and investors from Sydney and Brisbane.”
Cherry Tree Farms will be sold as a whole (zoned for a five-lot subdivision, each with a dwelling entitlement) on March 27.
Also going to auction next month is Oban View, a productive eastern falls grazing property near Guyra on the New England.
The 855ha (2114ac) holding is in a 950mm average annual rainfall zone, and is well-improved, being sown down to perennial pastures of fescue and clover.
Oban View has a long-standing fertiliser history and is fenced into 17 paddocks. It offers excellent water security for stock, with the majority of the dams spring fed, and complimented by numerous tributaries and frontage to the Oban River.
There are two sets of modern steel cattle yards, both fitted with vet crushes and troughed water. The functional sheep yards are fully undercover and attached to a four-stand woolshed, with significant wet weather shedding space.
A tastefully renovated, north facing 3 bedroom home with expansive rural views is included. Outbuildings include a four-bay machinery shed on slab plus a second machinery shed. Fodder storage is provided for via the skillion hayshed attached to the woolshed and a 9t cone-based silo.
Ray White Rural is auctioning Oban View on Friday 8 March.