THIS week’s property review includes this wrap-up of recently completed sales and two separate articles on interesting properties listed in Queensland, NSW and Victoria.

• Mylora Homestead changes hands for $24m
• District record for Moonie’s Burradoo
• Tony Haggarty offloads Upper Hunter’s Rockley

Positioned between the Southern Tablelands and the South West Slopes, the 3209ha Mylora is widely regarded as one of the district’s premier holdings.

Mylora Homestead changes hands for $24m

A northern New South Wales producer has paid $24 million to expand with the purchase of Mylora Homestead in southern New South Wales.

The 1418ha holding is 11km from Binalong, 30km from Yass and 90km from Canberra.

Agents from LAWD and Inglis Rural Property were unable to disclose the purchaser or the price, however the Mylora Homestead was listed in April with an asking price of $24 million.

The property was listed by Angus Graham and used for breeding and finishing cattle and prime lambs, fine-wool production and dryland cropping (canola, wheat and oats).

Around 1048ha is arable, with the balance comprising rolling pastures carrying 19,500DSE.

Mylora has 8km of double frontage to Jugiong Creek, plus frontage to Illalong, Bushrangers and Sawpit Creeks, along with 24 dams and an equipped bore.

Infrastructure includes a renovated circa-1850 six-bedroom bluestone homestead, two cottages, shearers’ quarters, an eight-stand shearing shed, sheep and cattle yards, three confinement feeding complexes, 2741 tonnes of grain storage and numerous sheds.

Meantime, the remainder of the renowned mixed farming holding is available for sale as a whole or three separate properties.

They are located 14km from Binalong and 35km from Yass and comprise:

• 509ha Mylora East — $5.5m ($10,793/ha). Offered with a stocking rate of 12DSE/ha, it grows dryland winter dual-purpose crops including wheat, oats and canola. Water is supplied via a bore, 2km of double frontage to Garry Creek and 12 dams. Infrastructure includes a four-bedroom home, sheep yards and sheds.
• 841ha Dunoon — $7m ($8,321/ha). Can run 7000DSE or 465 cows and calves. Watered by 3km of Jugiong Creek frontage, 2km of Bushrangers Creek frontage and 15 dams.
• 404ha Sawpit — $4.5m ($10,215/ha). Can conservatively carry 4000DSE or 265 cows and calves. Watered by 2km of Jugiong Creek frontage, 2km of double frontage to Sawpit Creek and nine dams.

District record for Moonie’s Burradoo

District records were broken on southern Queensland’s Western Downs when the Baker family’s well-developed mixed farming and grazing property sold under the hammer at auction last week.

The 1749ha Burradoo is located 32km north-west of Moonie and centrally positioned between Dalby, Goondiwindi and Roma.

Suited to cropping, backgrounding and finishing cattle, Burradoo was purchased by the Hill family, who own neighbouring country, for $10.4 million or $5946/ha, including 298ha of wheat and 424ha of barley.

Eastern Rural Dalby agents Andrew Kirtley and Roger Lyne reported eight registered bidders, six of whom were active on auction day.

“That sort of money has been paid in the district before. Burradoo’s versatility, its flowing artesian bore, which drought-proofs the holding, and the quality and consistency of the land were the main drawcards,” Mr Lyne said.

The brigalow, belah and wilga forest country features grey cracking clays with a moderate gilgai influence.

About 855ha is currently cultivated, including 130ha that has recently been levelled.

Further cultivation could be developed, with most of the property classified as white on the vegetation map.

The balance is open grazing country carrying a mix of bambatsi, buffel, Rhodes and blue grass, capable of running 200 breeders depending on cultivation use.

Burradoo is watered by a flowing artesian bore, two dams and Hayes Creek, which runs through the north-west corner of the property.

Infrastructure includes a four-bedroom home, steel cattle yards, sheds and 930 tonnes of elevated grain storage across six silos.

Tony Haggarty offloads Upper Hunter’s Rockley

Goonoo Goonoo Station’s Tony Haggarty has quietly sold a highly regarded beef cattle enterprise in the Upper Hunter region of New South Wales.

Located near Murrurundi, the 3783ha Rockley is estimated to carry 900 breeders.

Rockley was offered in May through an off-market campaign handled by McGrath Upper Hunter agent Michael Burke. Mr Burke confirmed the sale but was unable to disclose the vendor, buyer or price.

Around the same time, Mr Haggarty listed Banjo Station, a 57,800ha cattle breeding and farming venture, 250km south of Katherine in the Northern Territory.

Rockley is well fenced and features mostly chocolate to black basalt soils, with smaller areas of red basalt.

The well-established pastures, supported by a fertiliser and pasture improvement program, grow phalaris, cocksfoot, fescue and clovers.

Situated in a high-rainfall area averaging around 965mm annually, the property is watered by creeks, springs and dams, as well as a recently drilled bore.

Infrastructure includes two homes, one with views of Wallabadah Rock, along with three cattle yards, two shearing sheds and numerous sheds.