THIS week’s property review includes this wrap-up of interesting recent listings across New South Wales, and a separate article of recently listed properties of note in Queensland.

• Scale near Tottenham offers development upside
• Livestock & irrigation near Tamworth
• Reduced price for southern NSW grazing block

Scale near Tottenham offers development upside

A versatile mixed grazing and farming opportunity with development upside in the Central West region of New South Wales will be auctioned by Elders on May 14.

The 4346ha Inverleith (pictured above), 50km south-west of Tottenham and 95km north of Condobolin, comprises two adjoining landholdings – the 3316ha Inverleith and the 1030ha Manilla Pt 2.

Conservatively managed by the retiring vendors, Inverleith is running some sheep and opportunistic cattle on open timbered grazing areas with strong natural pastures. In the past, the Merino sheep operation ran up to 5000DSE.

Elders agents Brian McAneney and Chris Malone said Inverleith was an opportunity to expand or establish a diverse agricultural enterprise with huge development upside.

“In 2020, 700ha were pulled, but not raked, and has significant regrowth. This area, together with 710ha that is heavily timbered, provides an opportunity for further development to increase productivity and add value,” the pair said.

The agents report good early interest from local and southern producers, as well as investors.

Around 1930ha of the mostly red loams, with areas of lighter sandy loam and gravelly soils, are cultivated.

Prior to auction, and included in the sale, will be 530ha sown to winter cereals (wheat and oats), with 610ha prepared for the incoming purchaser.

Water is provided by dams and seasonal watercourses, supported by a 470mm rainfall region.

Infrastructure includes a three-bedroom home, a three-stand shearing shed, steel sheep and cattle yards, numerous sheds and two grain silos.

Livestock & irrigation near Tamworth

In the New England region of New South Wales, a mixed farming asset used for grazing and irrigated fodder cropping is being sold by the Haworth family.

The 1551ha Bywondah is located in the Dungowan Valley, 42km from Tamworth. It has been owned by Rod and Julie Haworth and their son Will for more than 50 years.

The country ranges from alluvial creek flats to undulating open and plateaued grazing, with the red and brown basalt soils suitable for growing improved pastures, fodder and hay production.

Previously, Bywondah operated as a prime lamb enterprise alongside fodder cropping, with an estimated carrying capacity of 5000 Dry Sheep Equivalents or 350 cows and calves.

Around 63ha is developed for irrigated fodder cropping which produces around 1250 round bales a year. During the winter months, lucerne is grazed and used for finishing lambs.

The 1487ha balance of native pastures is used for grazing – although most of the property is currently destocked.

With 2.7km of Dungowan Creek frontage, the property is watered by 33 dams, 279ML of water allocations, the seasonal Mulla and Cooee Creeks, as well as access to the Dungowan Pipeline.

Infrastructure includes a five-bedroom home, a three-bedroom cabin, numerous sheds, a three-stand shearing shed, steel cattle yards and two sheep yards.

LAWD agents Daniel McCulloch and George Berry are handling the sale of Bywondah which will be auctioned on May 1.

The 1551ha Bywondah is located in the Dungowan Valley, 42km from Tamworth.

Reduced price for southern NSW grazing block

A picturesque grazing block on the south-west slopes of New South Wales offering further upside has been reduced in price by vendor Lyn Picker.

The 1116ha Graham and The Gap are well located properties near Hovells Creek, halfway between Boorowa and Cowra.

Listed for $6.2 million in December, the aggregation is now on the market for $5.75 million.

Over the past 45 years, the property has been managed by two successive generations of women, with Lyn Picker selling to retire.

Featuring creek flats to gently undulating country, as well as some steeper hills, the heavy black soils and mostly decomposed granites are growing a substantial body of feed.

In previous years, Graham and The Gap earnt an outstanding reputation for fine wool production.

Today, the properties are conservatively stocked with 100 cows and calves, 300 weaner cattle, plus 200 ewes and lambs but with further development could run much higher numbers.

Kirshner and Mackay Property and Livestock agent Aaron Mackay said the absence of any fertiliser, chemical or pasture improvement makes the property suitable for organic grazing and farming (subject to the usual approval process for certification).

The property is well watered by the Gap Creek and 26 dams and numerous springs.

Infrastructure includes a four-bedroom home, a five-stand shearing shed, steel sheep yards, cattle yards, horse stables and numerous sheds.

The 1116ha Graham and The Gap are well located properties near Hovells Creek, halfway between Boorowa and Cowra.