THIS week’s property review includes this wrap-up of interesting recent listings in New South Wales and two separate articles on recent listings the Northern Territory and South Australia, as well as Queensland.

• Armstrong family lists north-west grazing country
• Jackson Agriculture lists steer finishing business
• New England grazing & carbon opportunity
• $7m asking for Temi on Liverpool Plains
• Karoo and The Ranch for downsizers and lifestylers

Maroubra runs around 2200 ewes and followers, and 80 cows and followers across 2000ha of country that grows a diverse mix of summer grasses, winter herbages and self-seeding Mitchell, buffel and clovers.

Armstrong family lists north-west grazing country

After 15 years of ownership, the Armstrong family has listed its well-regarded grazing and farming operation in north-western New South Wales as it consolidates it assets.

The 3573ha Maroubra is located 25km southeast of Carinda and 70km southwest of Walgett. It has been operated run in conjunction with the family’s Pemcaw Merino Stud near Dunedoo which will be retained.

Maroubra, pictured above, runs around 2200 ewes and followers, and 80 cows and followers across 2000ha of country that grows a diverse mix of summer grasses, winter herbages and self-seeding Mitchell, buffel and clovers.

There is 1618ha of arable country however the Armstrongs typically farm around 400ha annually to wheat and barley.

Nutrien Ag Solutions Clemson Hiscox & Co agent Chris Clemson said Maroubra had built a strong reputation for productivity and carrying capacity, with mutton and lamb consignments often achieving top results at the Dubbo Sales.

“Maroubra is currently dry but offers good Mitchell grass, myall timber and open black soil plains country, which is generating solid interest from both local buyers and those from further afield.”

While no formal price guide has been provided, nearby properties have recently sold for between $2200/ha ($900/ac) and $3700/ha ($1500/ac).

Around 70 percent of Maroubra has heavy chocolate to black self-mulching soils with red clay timbered with myall, belah, rosewood, box, plus soft red loam ridges with wilga and some pine.

Water security is provided by the Munna Bore Scheme and an unequipped bore with a 50ML artesian water licence, supported by 451mm of average annual rainfall.

Infrastructure includes a four-bedroom home, a four-stand shearing shed, steel sheep yards, cattle yards and five silos.

Maroubra is being offered by expressions of interest closing on April 23.

Jackson Agriculture lists steer finishing business

In the hinterland of New South Wales’ mid north coast, a beef grazing opportunity combined with lifestyle appeal is being sold by Jackson Agriculture.

The 612ha King Ranch and Aberfeldy Aggregation located near Booklana, 33km west of Dorrigo and 42km from Coffs Harbour, has been used by the family as a steer finishing business.

It comprises three adjoining holdings – 218ha King Ranch, 209ha King Ranch South and 185ha Aberfeldy. Each has quality residential and agricultural improvements, available to purchase in one line or as three individual holdings.

Combined, the properties benefit from productive improved pastures including kikuyu, rye grass and clover capable of running between 700 to 1000 steers season dependent.

The 612ha King Ranch and Aberfeldy Aggregation west of Dorrigo

Jackson Agriculture is owned by northern New South Wales beef producer John Jackson who operates several signature beef cattle properties in the New England, with the ability to turn off 15,000 steers annually.

Key properties include Suaramez near Armidale (one of the earliest grazing blocks established in the region) and the Ben Lomond holdings Braeside, Winston Park and Oakholme.

Ray White Rural agent Andrew Starr said the King Ranch and Aberfeldy Aggregation presented a rare opportunity to acquire a substantial and versatile rural holding with hard-to-find scale.

“It should appeal to downsizers, weekend farmers and a serious investor wanting to make the 612ha their primary residence.”

Mr Starr was unable to provide a price guide, however he noted recent market sales in the greater Brooklana district had achieved around $19,000/ha ($8000/ac).

• King Ranch is the operational hub of the aggregation and features an elevated and renovated three- bedroom home with sweeping views, a self-contained one-bedroom granny flat, modern undercover steel cattle yards and sheds. There are multiple water sources including running spring fed creeks and gullies plus dams.
• King Ranch South offers a two-bedroom home, cattle yards, Bobo River frontage and dams.
• Aberfeldy has a four-bedroom home, cattle yards and sheds. It is watered by two running creeks plus dams.

Expressions of interest for the King Ranch and Aberfeldy Aggregation close on April 30.

Jackson Agriculture

In May 2024, the family sold the premier New England backgrounding and finishing factory, Lakeside, for more than $30 million.

In October 2022, Jackson Agriculture paid a record $8.2m or $25,230/ha for Arding, a versatile 325ha livestock breeding platform near Armidale. Originally part of Saumarez Station, Arding now returns to the aggregation which is owned by the family’s Jackson Agriculture.

New England grazing & carbon opportunity

A grazing and carbon opportunity in the highly regarded New England region of New South Wales has been listed for $7.5 million by Will and Harriet Corlis.

The 1833ha Romani West formed part of a 7404ha grazing asset listed in 2024 by the couple after eight years of ownership.

After the aggregation failed to sell as a whole, it was divided into two parts and offered to the market the following year as the 3033ha Romani and the adjoining 4365ha Bald Rock Aggregation.

Listed for $3.2 million, the Bald Rock Aggregation is a conservation, hunting and lifestyle opportunity, as well as a registered Aboriginal Heritage site with a conversation agreement in place.

Romani was eventually split up, with Coonamble’s Macrae family relocating to the 694ha Part Romani and the 506ha Romani East retained by the vendors.

Last year, LAWD was in negotiations with a carbon player to secure a 25-year lease for the 1833ha balance, known as Romani West, however that subsequently fell through.

During the initial marketing campaign, an evaluation by the Carbon Farming Foundation identified Romani as having some of the highest yielding carbon land it had ever seen.

Romani West is located 14km from Kingstown and 74km from Armidale and used to breed sheep and cattle. Offered with a 7000DSE to 7500DSE carrying capacity, the property is currently running cows and calves on agistment.

Around 181ha of the mostly granite-derived soils have been sown cover crops, oats and summer forage crops.

Romani West is watered by 3km of frontage to the permanent Namoi/MacDonald River, semi-permanent creeks with a number of springs, as well as nine dams.

LAWD agent Michael Corcoran is handling the sale.

Romani West is located 14km from Kingstown and 74km from Armidale and used to breed sheep and cattle.

$7m asking for Temi on Liverpool Plains

A breeding and backgrounding enterprise in the highly regarded Liverpool Ranges of northern New South Wales has returned to the market with a $7 million price guide after failing to sell via expressions of interest.

The 1980ha Temi is located 10km south of Willow Tree and 83km south of Tamworth.

Ray White agent Hamish Firth said the high‑performing, low‑input grazing operation offers a compelling blend of productivity, scenic appeal and potential future biodiversity opportunities.

“With extensive improvements, reliable water, fertile soils and high rainfall, this property represents a rare opportunity in one of New South Wales’ most sought-after grazing districts,” he said.

The property features elevated country with large expanses of gently undulating open grazing areas and some steeper, timbered hillsides.

The good quality basalts to heavier chocolate soils grow native grasses such as red, plains and wallaby grasses complemented by introduced species including phalaris, bull grass and various clovers.

Temi has an estimated carrying capacity of 500 cows and calves or 4000 wethers and 200 cows.

Water is sourced from the permanent Chilcotts, Back and Doughboy Hollow Creeks, five springs and 17 dams in a 762mm rainfall region.

Infrastructure includes a circa 1900s four-bedroom home, a two-bedroom cottage, a one-bedroom cottage, a four-stand shearing shed, sheep yards, two cattle yards, round yards and a shed.

Karoo and The Ranch for downsizers and lifestylers

Meares & Associates is bringing two NSW grazing properties to the market – the scenic Karoo at the foothills of Barrington Tops and The Ranch, a productive lifestyle holding near Bathurst.

Located 5km from Ellerston and 74km from Scone, the 636ha comprises mostly basalt range country, with 400ha of soft undulating to steeper, lightly timbered grazing land. The remaining 236ha is timbered with white and yellow box, silvertop, stringybark, montane, messmate and red gum.

Karoo has an estimated carrying capacity of between 150 and 200 cows and also offers timber harvesting opportunities and potential carbon offset income.

Situated in a 900mm rainfall area, the property features frontage to Aldridge’s Creek, supported by springs and dams. Improvements include a four‑bedroom home, cattle yards, a shearing shed and sheep yards. Expressions of interest for Karoo close on April 22.

Karoo has an estimated carrying capacity of between 150 and 200 cows and also offers timber harvesting opportunities and potential carbon offset income.

Meanwhile, the 94ha property known as The Ranch will be auctioned online from April 22.

Located 17km from Bathurst and 76km from Orange, the park‑like holding enjoys elevated views across the Macquarie Valley.

The Ranch is capable of running more than 140 ewes and their progeny. Infrastructure includes two four‑bedroom homes along with near‑new equine facilities.

Infrastructure on The Ranch includes two four‑bedroom homes along with near‑new equine facilities.