CQ’s Deepwater, New England powerhouse Braemar on market

Linda Rowley, March 5, 2024

Robbie Sefton and Alistair Yencken have listed Braemar with a price guide of $17M-$19M. Photo: Inglis Rural Property

TWO productive mixed-farming properties are on the market with the listing of Deepwater near Bauhinia in CQ, and Braemar, north of Tamworth.

Deepwater is currently running 1200 head of cattle and has 546ha of country used to grow cereals, while Braemar is conservatively carrying 750 cows and 15,000 sheep through winter, as well as cropping 300ha-400ha.

Deepwater, Qld

Rolleston beef producers Lindsay and Donna Fairweather have listed their highly improved, productive beef and farming enterprise in Central Queensland.

Held by the family since 2006, the 3066ha Deepwater is located in the renowned Oombabeer district, 33km north-east of Bauhinia and 70km west of Moura.

Hourn & Bishop Qld agent Brad Hanson is offering the property via expressions of interest closing on March 28.

“I don’t know what price Deepwater will achieve, but the nearby 2826ha Lucky Dip, which is similar country, made a record $24.5 million or $8670/ha (bare) in August last year.”

Based on those figures, Deepwater could achieve upwards of $26M.

The gently undulating country, selectively cleared, features deep, rich brigalow, blackbutt, bonewood, crows ash and softwood scrub soils.

Noted for its heavy carrying capacity, the Fairweathers are currently running 1200 head of mixed cattle on established improved pastures and legumes.

There are 405ha of established leucaena that can be increased and 546ha of deep self-mulching cultivation growing oats and wheat.

Water is sourced from three equipped dams and one lagoon with permanent water from Zamia Creek.

Infrastructure includes a four-bedroom home, a three-bedroom manager’s home, workers quarters, two sheds, steel cattle yards and 2500 tonnes of grain storage, as well as a dryer.

In May last year, the Fairweathers paid more than $22M for the 10,010ha The Rimrock (breeding, fattening and backgrounding country) in CQ’s sought-after Arcadia Valley region.

In June 2020, the family paid $7.4M, or $2621/ha, for the 2823ha Yatton, the highly productive CQ property once owned by beef industry heavyweight, the late John Purcell.

Hourn & Bishop Qld agent Brad Hanson is handling the expressions-of-interest campaign closing on March 28.

Braemar, NSW

A highly productive mixed farming opportunity in the renowned New England region of New South Wales has returned to the market with a price guide of $17M-$19M.

The 1870ha Braemar, 35km north of Tamworth, is owned by rural communications specialist Robbie Sefton and husband Alistair Yencken, who are downsizing.

Inglis Rural Property and Christies International Real Estate have been appointed to sell Braemar via expressions of interest closing on April 23.


Braemar was purchased in 2007 and has been extensively developed to the point where the business is now performing in the top two percent of regional benchmarking enterprises.

The beef, wool and prime lamb operation is conservatively carrying 750 cows and 15,000 winter DSE together with 300ha to 400ha of dryland cash cropping annually.

Last year about half of the property was sown to lucerne, canola and cereals on fertile red basalt soils.

Inglis Rural Property agent Sam Triggs said Braemar is not only beautifully presented, but also a high-yielding agricultural enterprise.

“It represents genuine value for money, particularly when compared with similar sized properties in southern New South Wales and areas of Victoria.”

Braemar could also attract interest from poultry farmers because it is situated in a relatively new poultry zone where an increasing number of chicken broiler sheds are being built to support Baiada’s abattoir in Tamworth.

Braemar has been drought-proofed through a sophisticated bore water system that supplies all 42 paddocks.

In addition, there are 28 dams, six bores and dual frontage to the seasonal Greenhatch and Dead Horse Gully creeks.

The vendors have invested extensively in land development, prioritising the wellbeing of the soils and local flora and fauna through the retention of biodiversity corridors.

The principal residence is an historic renovated homestead dating from 1900.

There are a further four refurbished residences on the property, including a historic Cobb & Co coach house.

The fit-for-purpose infrastructure includes a five-stand shearing shed, undercover sheep yards, cattle yards, shedding, a 750-tonne grain storage and a 250-tonne cement grain bunker.


Grain Central: Get our free news straight to your inbox – Click here


Your email address will not be published. Required fields are marked *

Your comment will not appear until it has been moderated.
Contributions that contravene our Comments Policy will not be published.


Get Property news headlines emailed to you -