The Moorine Rock-Bullfinch Aggregation in WA covers close to 20,000ha and has sold to a corporate buyer. Photo: Ray White Rural

TWO New South Wales listings, Mt Nombi and Glenora, and the Moorine Rock-Bullfinch Aggregation  in Western Australia have all sold recently for around $18-$19 million.

Moorine Rock-Bullfinch Aggregation, WA

A corporate buyer has paid around $19 million for close to 20,000ha in the eastern Wheatbelt region of Western Australia offloaded by Perth-based PenAgri.

The Moorine Rock-Bullfinch Aggregation comprises three non-contiguous hubs – the 6500ha Moorine Rock Farms, the 4150ha Marafioti Farm and the 7510ha Bullfinch Farm.

They are located near South Yilgarn, around 25km north-west of Southern Cross, and neighbour country owned by the Saudi Agricultural and Livestock Investment Company (currently being sold by Colliers Agribusiness).

Spanning 18,161ha, the Moorine Rock-Bullfinch Aggregation offers expanded opportunities for a large-scale cropping (oilseeds, legumes and grains) and livestock (sheep) enterprise.

High yielding capacity soils are found across the holding with native vegetation including salmon gum, mallee, gimlet, york gum and jam.

Scheme water is connected and supported by dams.

Ray White Rural agent Simon Wilding was unable to disclose the buyer or the price but said there was strong interest from large family farmers, corporate investors and locals, as well as those looking for carbon sequestration and renewable energy opportunities.

Moorine Rock Farms

Gently undulating with well-drained medium to heavy sandy loams with some yellow sandplain, around 5340ha of Moorine Rock Farms is arable.

Infrastructure includes a 10-bedroom home, workers’ accommodation, numerous sheds, and silos.

Marafioti Farm

Featuring productive medium to heavy sandy loams, salmon gum, York gum and some gimlet, Marafioti Farm has around 3552ha of arable country

Infrastructure includes numerous sheds, 10 silos with 328 tonnes of storage and old sheep yards in
need of repair.

Bullfinch Farm

Gently undulating with productive soils comprising mostly heavy sandy loams with yellow sandplain in areas, around 6899ha of Bullfinch Farm is arable.

Infrastructure includes numerous sheds, a four-stand shearing shed, two sheep yards and three silos with 165 tonnes of storage.

Mt Nombi, NSW

Dubbo producer Eric Sharwood has paid more than $18M to expand with a blue-ribbon mixed farming opportunity on the fringe of the renowned Liverpool Plains in northern NSW.

The 2842ha Mount Nombi is located 15km from Mullaley, halfway between Coonabarabran and Gunnedah.

It was offloaded by the Singapore-based Silverstrand investment fund due to a change of direction, after three years of ownership.

Mount Nombi was listed in September last year as part of the larger 4942ha Wyuna Aggregation.

Harvesting sorghum at Mount Nombi. Photo: LAWD

Following an expressions-of-interest campaign, 2100ha was carved off and sold to neighbours, with the remainder aggregated to form the new Mount Nombi landholding which was subsequently offered to the market in May.

Almost half of the property, spanning 1400ha, is developed to dryland cropping with the mostly self-mulching basalt soils growing winter and summer crops, namely cereals, oilseeds, chickpeas, and sorghum.

The 2024 program consists of 300ha of canola, 320ha of wheat, 200ha of barley and 100ha of chickpeas.

The balance of the country is used for cattle and sheep breeding and finishing, with the vendors currently running 737 head of mixed cattle.

Water is secured from three equipped bores, as well as a number of creeks and dams.

Infrastructure includes a five-bedroom (circa 1904) home, a two-bedroom cottage, workers accommodation, cattle and sheep yards, sheds and 2500 tonnes of grain storage.

Mount Nombi has potential for carbon offset and biodiversity pursuits.

The sale was handled by LAWD agents Col Medway and George Barton.

Glenora, NSW

A neighbour has paid $17.9M ($8892/ha) at auction for Moree district farming property Glenora.

Offered by John and Lynn Hamilton and their daughter Georgie, the 2013ha property is situated 45km north of Moree.

Nutrien Harcourts agent Paul Thomas said the price was in line with market expectations.

“It is difficult to find country that is almost totally arable.

“Glenora boasts 1995ha of open level farming country with quality, heavy grey soils growing both summer and winter crops in a reliable rainfall area.”

Glenora is located north of Moree and sold at auction on October 10 to a neighbour. Photo: Nutrien Harcourts

Glenora was purchased by the Hamiltons from Auscott in 1980 and is ideal for modern farming and minimum tillage.

It has open level straight runs up to 3km long and the property is divided into four fields ranging in size from 185ha to 680ha.

The property will be delivered post-harvest, with 1405ha of wheat and barley currently being harvested by the vendors and 590ha fallowed following a dryland cotton crop.

Glenora has Gil Gil Creek frontage and is watered by the Kiga cap and pipe bore scheme, as well as a dam.

Infrastructure includes a 900t  grain shed.

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