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

• New England’s Gleneagles returns to the market
• Western Division country offers breeding, finishing & carbon
• Negotiations underway for Packsaddle’s Pulgamutrie Station

The 2352ha Gleneagles comprises two adjoining holdings, Gleneagles and Brookmount West, located 17km from Walcha and 78km from Armidale.

New England’s Gleneagles returns to the market

A change of direction has prompted Rosella Rural to list its highly improved breeding and backgrounding platform in the New England region of northern New South Wales after three years of ownership.

Offered with a price guide of $23-$25 million, the 2352ha Gleneagles comprises two adjoining holdings, Gleneagles and Brookmount West, located 17km from Walcha and 78km from Armidale.

Offered with an estimated carrying capacity of 16,000DSE or 1000 breeding cows and progeny, the property is currently operated as an EU accredited Angus cattle breeding enterprise.

However, it is equally suited to sheep, wool, prime lamb production or mixed livestock enterprises.

Around 982ha have been established to improved perennial pastures and annual fodder crops, including 755ha sown to a New England pasture mix of fescue, cocksfoot, rye and clovers.

Annual fodder cropping areas include oats and ryegrass, providing valuable winter feed and finishing capability within the grazing platform.

Since 2023, around 1600ha (70 percent) has benefited from fertiliser applications, including a 466ha single superphosphate program completed in 2025.

Inglis Property chief executive Sam Triggs said significant capital expenditure program had been undertaken, creating a turnkey enterprise for the astute investor.

“With significant recent investment already completed and scope to further enhance production through continued pasture improvement and development, Gleneagles will attract buyers seeking both operational capacity and long-term agricultural value,” he said.

Water is underpinned by two equipped bores, dams, springs and Emu Creek frontage.

Infrastructure includes three residences, steel cattle yards, a four-stand shearing shed, two steel sheep yards,100 tonnes of grain storage and a shed.

Gleneagles is offered for sale via expressions of interest closing on August 12.

Inglis Rural Property agents Sam Triggs, Liam Griffiths and Hamish Cooke are handling the sale and report good early interest from Queensland producers and Sydney investors.

Western Division country offers breeding, finishing & carbon

Western Division breeding and finishing country in New South Wales, supplemented by carbon income, is being offered for sale by the Old family after 15 years of ownership.

The 70,826ha Belvedere is 30km north-west of Bourke and fronts the Dowling Track and Bourke-Milparinka Road.

Equally suited to sheep, cattle and goats, the property was previously owned by the local Tully family and is held in high regard across the Bourke district.

Since 2011, the vendors have undertaken a significant capital infrastructure upgrade across the property, including fencing, yards and water.

Offered with an estimated DSE rating of 18,500, Belvedere’s carrying capacity has increased after more than 14,000ha of country were pulled and additional water points installed.

Belvedere has a 25-year HIR carbon project in place with 16 years to run. With a further 14,000ha of country being pulled, the vendor believes additional carbon opportunities could be sourced under the Integrated Farm and Land Management methodology.

The property is running 6500 Dorper ewes which average three lambings every two years, supplying 10,000 lambs to the market annually. Depending on the season, lambs are typically sold at trade/export weights or as stores.

The Dorper sheep operation is complemented by 200 cows and calves, while an average of 5750 goats has been sold annually over the past three years.

Belvedere comprises vast open low-lying gidgee plains, acacia and mulga flats, flood-out country and expansive plains flanked by low bluebush and heather bush rises.

Water is supplied by 16 bores (two unequipped, two flowing and two shire bores with access) with extensive piping to tanks and troughs, 18 dams and five seasonal lakes.

Infrastructure includes a renovated four-bedroom home, a two-bedroom cottage, shearers’ quarters, a six-stand shearing shed, numerous sheds, five sheep yards, three cattle yards and three silos with 170t of capacity.

Nutrien Harcourts Bourke agents Greg Seiler and James Grant are handling the sale.

Negotiations underway for Packsaddle’s Pulgamutrie Station

A cattle and sheep property roughly the size of Singapore in New South Wales’ far west has been passed in at auction for $8.2 million.

The 74,663ha Pulgamurtie Station is located near Packsaddle, 26km east of the Silver City Highway and 235km north-east of Broken Hill.

It is understood Elders agent Adam Chilcott is currently negotiating with an interested party.

The breeding and backgrounding property is owned by Grant Roberts and is being sold after more than 75 years of family ownership.

Over the years, Pulgamurtie has transitioned from a mixed enterprise running cattle and sheep to just cattle. It is offered with a long-term carrying capacity of 17,000DSE to 20,000DSE.

The country is diverse, ranging from stony undulating land to tableland plains with heavier loam soils, vegetated sandhills and expansive lake and creek systems.

Pulgamurtie would serve well as a depot for cattle coming out of the northern regions for backgrounding enroute to southern markets, as a standalone enterprise or as part of a larger supply chain business.

It is home to the largest lake in the bioregion, with extensive wetlands and creek systems occupying a significant portion of the station that offer both feed and water security.

Situated in a 220mm average annual rainfall region, Pulgamurtie is watered by dams and a bore.

Infrastructure includes a five-bedroom home, workers accommodation, numerous sheds and five livestock yards.