DEMAND for outer slopes and plains properties in New South Wales and into south-west Queensland is looking buoyant as spring nears.
Agents are reporting local interest is dominating inquiry for properties including Wilgaroi at Bellata, Merrimac at Walgett, and West Ginnibri at Thallon, while Mutherumbung Station at Booligal has sold within the family.
Wilgaroi
A price guide of $20 million to $22M is being offered for Wilgaroi, in prime cropping country in north-western NSW.
Owned for 100 years by the Wall family, the 1539ha Wilgaroi is located 13km north-east of Bellata, halfway between Moree and Narrabri.
Moree Real Estate agent Paul Kelly said the country is looking beautiful after recent rain, with interest likely to come from mostly locals.
The undulating country has some contour banks with mostly black basalt and chocolate soils.
Currently 1019ha is cultivated with a 130ha paddock, currently used for grazing, approved for clearing.
The arable area is sown to winter crops comprising 717ha of wheat, 261ha of canola and 41ha of faba beans, which are included in the sale.
Water is secured by two equipped bores, two rainwater tanks and six dams.
Infrastructure includes a two-bedroom home, two guest quarters, cattle yards, two silos with 650 tonnes of combined capacity, as well as numerous sheds.
Expressions of interest for Wilgaroi close September 13.
Merrimac
Premium Walgett farming country in north-west NSW is attracting unprecedented early inquiry.
After 70 years of ownership, the Parkins family from Wyoming, Lightning Ridge, is selling the 2093ha Merrimac on the northern side of the Namoi River.
The property is close to grain receivals at Walgett (20km), Beanbri (22km) and Cryon (33km) and saleyards at Walgett, Coonamble, Narrabri, Dubbo and Gunnedah.
Situated on the sought-after Cryon Plain, Merrimac boasts flat to slightly undulating level chocolate and grey self-mulching soils, with around 1963ha arable and sown to wheat, which is included in the sale.
Chris Clemson from Nutrien Ag Solutions and Clemson Hiscox & Co was unable to disclose a price guide for Merrimac, but country in that area including a crop should achieve in excess of $3000/ac.
“Given the current season, Merrimac offers the successful purchaser an upside because the crop was sown very late and therefore will be harvested towards the end of the season,” Mr Clemson said.
“Properties in this area are tightly held and will be keenly sought after by locals seeking to expand their existing holdings, although outside inquiry is also coming from around Tamworth.”
Merrimac is connected to the Eurie Eurie bore scheme and has four dams.
Intersecting the property is the Little Dead Bullock and Big Dead Bullock Warrambools, or Cubbaroo Warrambool, which provide seasonal stock water.
Infrastructure includes a four-bedroom home, numerous sheds and two spray tanks.
Merrimac is being offered by expressions of interest closing on October 24.
West Ginnibri
A productive cropping and grazing enterprise in south-west Queensland offers potential purchasers value-for-money cropping country.
The 1174ha West Ginnibri is located 12km south of Thallon and 30km north of Mungindi, and is being sold by Mungindi cotton grower Ed Willis and family.
LAWD agent George Barton believes the property will make more than $4.2M, with most of the interest coming from locals.
Around 764ha, or 65 percent, is developed to dryland cropping, with the balance, underpinned by a thick body of buffel grass, running cattle and sheep.
Soils range from grey self-mulching cracking clays to pedal red duplex soils suitable for growing cereals (mostly wheat) and fodder.
West Ginnibri is watered by the Maxland bore, pumping to head tanks and reticulating to a network of 10 troughs, and five dams.
Infrastructure includes a five-bedroom home, sheep yards and numerous sheds.
West Ginnibri is being offered for sale by expressions of interest closing September 23.
Mutherumbung Station
The multi-generational ownership of Mutherumbung Station in south-western NSW will continue following its sale to a family member.
Pat and Sharon Bunyan were seeking offers of around $10M for their Merino sheep and cotton country near Booligal, 110km north of Hay.
Instead, their son and daughter-in-law, Simon and Sarah Bunyan, have sold their prime Riverina breeding and backgrounding country to secure the 5771ha grazing and irrigation holding.
The Hay Plains country is typically open, with grey and red soils growing salt and cotton bush, native grasses and clovers, and is renowned for growing and finishing livestock in addition to wool production.
Historically running a self-replacing Merino flock, Mutherumbung Station is currently running 1500 mixed-age ewes with lambs at foot, and 600 weaners.
When the Bunyans added two irrigation bores, 304ha of country was laser-levelled into a bankless channel and pond irrigation layout to grow cotton in rotation with barley and pasture for sheep feed.
Situated in a 300mm rainfall region, water is supplied by a stock and domestic bore and an open channel system from the Merrowie Creek.
Attached to the sale of Mutherumbung Station was a 1043ML Lower Lachlan Groundwater irrigation licence.
Infrastructure includes a six-bedroom home, a six-stand shearing shed, sheep yards, shearers’ quarters, and numerous sheds, with most of the fencing replaced within the past two years.
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