Property

Downs, GV aggregations, Wimmera holding list

Linda Rowley March 10, 2025

The Dalby Aggregation offering includes 740ha of cotton. Photo: LAWD

A SLICE of the Myobie portfolio on the Darling Downs is for sale, Excel Farms has listed one of its Wimmera holdings, and the 1950ha Summit Aggregation is on the market in Victoria’s Goulburn Valley.

Dalby Aggregation, Qld

Australian industry superannuation fund Rest Super is hoping to raise more than $25 million from the sale of its premium dryland cropping opportunity in Queensland’s Western Downs region.

The 2094ha Dalby Aggregation is 25km from Dalby and 72km north-west of Toowoomba.

Managed by Warakirri Cropping, the three non-contiguous but nearby properties – 1430ha Daybreak, 226ha Thompsons and 438ha Sunset – are being sliced off the larger Myobie portfolio spanning 8951ha, as it consolidates assets in the area.

The Dalby Aggregation is close to commodity processing facilities, including GrainCorp, Horizon Commodities, and Agrocorp grain-receival sites at Dalby, and Queensland Cotton and LDC cotton gins at Dalby.

Around 97 percent of the productive and fertile black and grey self-mulching cracking clays are arable and suited to growing cotton and sorghum over summer, and chickpeas, wheat, and barley as winter crops.

Currently 740ha is planted to cotton, included in the sale, with the 1294ha balance fallow.

Under current management, extensive land-class and soil-management programs have been undertaken across the three properties.

LAWD agents Danny Thomas and Simon Cudmore, who were unable to confirm the vendor or the price expectations, report good early interest, particularly from local family farm operators.

The Dalby Aggregation is offered for sale in one-line or separately via expressions of interest closing on April 3.

Summit Aggregation, Vic

A $13.5M-$15.3M price guide is being offered for productive farming and grazing country in northern Victoria’s Goulburn Valley.

Featuring extensive frontage to the Goulburn River, the 1950ha Summit Aggregation is located 10km from Nathalia and halfway between Echuca-Moama and Shepparton.

Offered by a local family trading as Summit Farms, it comprises the 440ha Rothwell Park, 872ha Willunga, 476ha Summit, and 162ha Mulberry Tree.

Two Goulburn River water licences totalling 869ML underpin the 215ha of irrigation, and are available for separate sale.

While the flat landscape has minimal paddock timber, making it ideal for large-scale cropping, under the current ownership, the Summit Aggregation has been managed with a focus on sheep and wool production together with a dryland winter-cropping and fodder-production program.

Historically, 1000ha is cropped alongside 2000-2500 Merino ewes and followers.

Around 89 percent of the red-brown earth soils are arable, and underpinned by a long history of soil amelioration including lime, gypsum and fertiliser.

With the cropping country currently fallowed, the aggregation presents the incoming operator with an opportunity for immediate access for the 2025 winter season.

Mulberry Tree has 95ha of established irrigation country, providing immediate water access. A further 120ha of older irrigation on Summit offers scope for future development.

Across the aggregation, water is sourced from dams, bores and two licenced pump stations on the Goulburn River.

Harvesting on the Summit Aggregation. Photo: Inglis Rural Property/Elders Real Estate

Inglis Rural Property agent Sam Triggs and Elders Real Estate Deniliquin agent  Matt Horne have been appointed to handle the sale.

Mr Triggs described the offering as exceptional.

“The Summit Aggregation represents an opportunity for investors, family operators and locals seeking scale, expansion, high quality and consistently performing farming land.”

“The irrigation land and water provide an excellent opportunity for future development and improvement,” Mr Inglis said.

Infrastructure includes two homes, numerous sheds and livestock-handling facilities, as well as grain storage.

The Summit Aggregation is offered for sale as a whole or as four separate parcels via expressions of interest closing on April 16.

Kirkeim, Vic

Excel Farms is optimising its current aggregation layout and as a result has listed its premier dryland cropping opportunity in Victoria’s Wimmera region.

The 1152ha Kirkeim is located close to Minyip, 25km south of Warracknabeal and 40km north-east of Horsham, and is expected to achieve around $18.5M, or $1600/ha.

Lentils growing last season at Kirkheim at Minyip in Victoria’s Wimmera region. Photo: LAWD

Spread across three non-contiguous landholdings, of which 96pc, or 1100ha, is considered arable, and suited to growing lentils, cereals and oilseeds.

The gently undulating and level land offers economies of scale and operating efficiencies, and most of the soils are self-mulching clays with areas of rising loams.

Kirkeim has access to Grampians Wimmera Mallee pipeline scheme water and is being offered as a whole or separately via expressions of interest closing March 28.

LAWD agents Danny Thomas and Patrick Kerr are handling the sale.

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