THIS week’s property review includes this wrap-up of recently completed sales, and a separate article on interesting recent listings across the country.

• Northern NSW aggregation makes $15m+
• Cameron Corner country sells to Qld family
• Doonans secure blue ribbon Charters Towers country
• Fysh family secures Muttaburra’s Stockholm Station
• Locals expand with large Moonie holding
• Qld family to relocate to NSW picturesque lake country

Northern NSW aggregation makes $15m+

One of the largest contiguous landholdings in the Gunnedah/Boggabri region of northern New South Wales is believed to have sold to a local farming family for well below its $20 million plus expectations.

The 3480ha Sylvania Aggregation is situated 30km from Boggabri and 50km from Gunnedah – an area well known for reliable winter and summer rainfall, fertile soils and versatile country.

Agents from Inglis Rural Property and Elders Gunnedah were unable to disclose the buyer or the purchase price, however sources told Beef Central the aggregation achieved between $15m and $16m.

Inglis agent Liam Griffiths said the sale of Sylvania attracted a wide pool of interest, resulting in a competitive sales process.

The high rainfall grazing and cropping operation was purchased in November 2021 by the Tumut-based Stoney Property Group for around $13m from MH Premium Farms after five years ownership.

The company cited consolidation and capitalising on the district’s recent strong sales as reasons for offloading the holding.

Around 88 percent (3079ha) of the aggregation is arable and growing 1450ha of wheat, with the balance perennial pastures that can carry an estimated 22,000DSE.

It is currently running close to 800 mixed cattle including 340 breeders, but previously was finishing 8000 sheep, trading 500 cattle and cropping 500ha.

The largely heavy black soils on the southern portion of the holding have a high-water holding capacity, consisting of mostly chocolate self-mulching clays rising to red loam soils.

Situated in a 570mm average annual rainfall region, the property is watered by four bores, wells, dams and the Bayley Park and Bollol Creeks. Two recently installed reticulation systems cover much of the aggregation.

Extensively developed, the improvements include two cottages, numerous sheds, 12 silos with a capacity of 880 tonnes, two cattle yards, a three-stand shearing shed and sheep yards.

Cameron Corner country sells to Qld family

A Queensland family with country in the Western Downs and Boulia regions has paid $9.4 million bare for Bollards Lagoon Station in the Cameron Corner district of north-east South Australia.

Spanning 315,000ha, the station has been owned by the Rieck family since 1959 with vendors Grant and Gina Rieck listing to consolidate their existing interests in the state’s south-east.

Bollards Lagoon is Certified Organic and has a maximum stocking rate of 3600 cattle or 18,000 sheep.

When the pastoral lease was offered to the market late last year, Elders agents Adam Chilcott and Phil Keen described Bollards Lagoon as having a reputation for growing and holding feed and producing quality animals.

Situated in a 170mm average rainfall region, water is supplied by 16 bores (seven with pipelines), 23 dams and 32 troughs.

Improvements include heavy duty cattle yards, five sheds, a main house and three smaller dwellings.

In addition, Bollards Lagoon offers additional income opportunities including road maintenance and civil work, accommodation and potential carbon farming.

Bollards Lagoon is Certified Organic and has a maximum stocking rate of 3600 cattle or 18,000 sheep.

Doonans secure blue ribbon Charters Towers country

Peter and Carolyne Doonan from Charters Towers have paid between $7 million and $8 million bare for blue ribbon Charters Towers grazing country on the Burdekin River.

Comprising 1632ha Oakey Creek (leasehold), 1092ha Brindle Hill (leasehold) and the 1109ha Chipley (freehold), the aggregation is located near Dotswood, 41km north-east of Charters Towers and 134km south-west of Townsville , close to meatworks, live export facilities and saleyards.

It was offered for sale in April by the Lavery family after more than three generations of ownership.

Buyer Peter Doonan told Beef Central it was a once in a lifetime opportunity to secure country of that calibre in such a tightly held district.

Originally, Oakey Creek, Brindle Hill and Chipley formed part of the historic Springvale Station and were operated as a single paddock.

The gently undulating country comprises mostly good goldfields country with both black and red soil types and loamy alluvials running along the creeks.

In May last year, good rain was reflected in an abundance of grass running up to 1200 adult equivalents plus followers (in an average season). By November, the property was still presenting with good feed.

The 3834ha features 6.5km of Burdekin River frontage supported by a well and five dams.

The sale was handled by Matthew Geaney from Ray White Geaney Kirkwood.

Fysh family secures Muttaburra’s Stockholm Station

As one family downsizes, Muttaburra’s David and Sarah Fysh, Acacia Downs, are expanding with Stockholm Station in Queensland’s central west.

After six years ownership, the Drynan family from Beaudesert quietly offloaded the 11,859ha of low cost breeder country as it moves to consolidate its southern grazing holdings.

Ray White Rural agents Bill Seeney and Rhys Peacock handled the off-market sale, but were unable to disclose the purchase price.

Located 36km north-east of Muttaburra, Stockholm has a balance of country types – 4046ha of buffel grass, 5584ha of Mitchell grass, 1416ha Cornish Creek/Towel Hill channels and 809ha of pebbly herbage.

When Ann Ballinger sold Stockholm in 2018 she told Beef Central the property could easily carry 2000 cattle in a good season, but conservatively run 1200 head.

Water is a feature. Two flowing bores supply 29 concrete troughs via 50km of poly pipe, providing a maximum 2km radius between watering points. There are also semi-permanent holes in the Cornish and Towerhill Creeks.

Improvements include a home, a cottage and workers quarters, a machinery shed, a six-stand shearing shed, two sheep yards and two cattle yards.

Muttaburra’s David and Sarah Fysh, Acacia Downs, are expanding with Stockholm Station in Queensland’s central west.

Locals expand with large Moonie holding

A versatile property in southern Queensland’s Western Downs region has sold for expansion to a local family for an undisclosed price.

The 6668ha Inverclyde is located 36km south-east of Moonie and 87km west of Millmerran, with good access to livestock markets and grain silos.

Described as one of the largest holdings in the Moonie district, it was offloaded by Brian and Keeleigh Allport, Grassland Goats to expand their processing operations.

Mr Kirtley said Inverclyde was suited to breeding, backgrounding or finishing cattle, sheep and goats, but is also ideal cropping country.

Fully exclusion fenced, the property can run 1000 breeders or 25,000 goats and 150 cows, in addition to 627ha of cultivation which could be greatly increased with further pasture development.

Situated in a 625mm annual average rainfall region, water is supplied by a 550ML overland flow dam, 12 dams and two bores.

Improvements include three homes, numerous sheds, a four-stand shearing shed, three seed silos, five grain silos, steel cattle yards, goat yards, a 1000 tonne silage pit, a gravel quarry and an air strip.

Eastern Rural agent Andrew Kirtley handled the sale.

Qld family relocate to NSW picturesque lake country

North-western New South Wales grazing and farming country featuring a picturesque natural lake system has sold for $6.5 million bare to a Queensland family who are planning to relocate.

Wilcannia’s 23,990ha Volo Station, held by the Nitschke family since 1992, is currently running 5000 Dorper ewes and followers, 1000 goats and 360 breeding cows and calves.

When the season prevails, the family has been farming the lakebed country for cereal crops including sorghum, oats, hay and wheat.

There are around 3300ha of alluvial black self-mulching lakebed country fronting the Poopelloe Lake and the sale includes an 1877ha cultivation permit from the receding Darling River flooding system.

The balance of the country is red loam and soft under stone grazing growing an abundance of native shrubs and grasses, salines and a variety of edible fodder.

With around 10km of Poopelloe shoreline frontage, Volo is well watered and is supported by a dam and three bores in a 250mm annual average rainfall region.

Improvements include a three-bedroom home, a one-bedroom worker’s cottage, a four-stand shearing shed, steel sheep yards, cattle yards and numerous sheds.