Stranraer, north-west of Narrabri, has been held by the Horne family for 30 years. Photo: Nutrien Harcourts

RECENT listings include Stranraer in north-west New South Wales, the Northern Territory’s Rocktear Park, and Fairmoor in Western Australia’s Esperance port zone.

Latest transactions include Jim Gordon’s sale of his property Glensloy, west of Young in NSW, to the local Bowman family.

Stranraer, NSW

The Horne family has listed prime farming on the Edgeroi Plain in New South Wales’ north-west.

The 1024ha Stranraer is situated between Edgeroi and Bellata and 43km north-west of Narrabri.

For the past 30 years it has been owned by Robert and Carol Horne who are downsizing to the Upper Hunter to be closer to family.

Nutrien Harcourts agent Paul Thomas described Stranraer as a consistent performer.

“The property boasts nice soft open farming country in a highly regarded area,” Mr Thomas said.

“Inspections are under way, with early interest coming from locals seeking country to expand.”

Mr Thomas was unable to disclose a price guide, but recent sales in the area at $12,353/ha and $14,824/ha indicate it could make between $12.65 million and $15.2M.

More than 90 percent of the property is arable and comprises open fertile black and grey self-mulching vertisol soils,  ideal for summer and winter cropping, with 938ha currently farmed on minimum tillage.

Water is supplied by an equipped bore and a dam.

The infrastructure is described as excellent and includes a four-bedroom home, a shearing shed, numerous sheds, 1900 tonnes of silo storage, and steel cattle yards.

Stranraer will be auctioned bare on March 6.

Fairmoor, WA

Expressions of interest are being sought for a cropping property in the Goldfields-Esperance region of Western Australia.

The 1589ha Fairmoor is located between Salmon Gums and Grass Patch and is 105km north of Esperance.

Originally developed as a mixed farm, today the property produces wheat, barley, and canola on 1500ha.

Fairmoor, between Grass Patch and Salmon Gums in the far south-east of WA’s farming zone, covers 1589ha. Photo: Elders

Offering a range of soil types, the land is mostly flat and situated in a 358mm average annual rainfall region.

Fairmoor comprises four adjoining holdings:

• 780ha Lot 275ha and Lot 217 with a dam and a five-bedroom home;
• 770ha Lot 276 and 731ha Lot 443, each with a dam; and,
• 805ha Lot 444 with two dams, an older three-bedroom transportable home, and a shed.

Elders agent Keith Ogley said there has been good local interest and early access can be negotiated for 2025 crop preparation.

Expressions of interest for Fairmoor close February 28.

Rocktear Park, NT

One of the NT’s leading hay suppliers has been listed for sale with a $15M price guide including this year’s fodder crop.

The 5340ha Rocktear Park is owned by the New Zealand-based Rohan Group and managed by Melbourne-based African Mahogany Australia.

The cropping enterprise is situated in the highly fertile Venn region, 6km from the Stuart Highway and year-round access for road trains, and 35km south of Katherine.

With more than 2800ha cleared, Elders agent Alison Ross said Rocktear Park provides a base for expanding crop or livestock ventures.

“Designed for high-volume hay production, it is suited to diverse agricultural endeavours including livestock backgrounding and feedlotting.”

Currently, 2100ha is dedicated to hay production, yielding 18,000-25,000 bales annually.

Characteristic of the region, the soil profile ranges from well-maintained deep red earths, optimised for premium hay, to yellow and grey earths.

Future income from high value timber production is offered with 600ha of professionally managed, 10 to 15-year-old African Mahogany which offers carbon revenue optionality.

Mr Ross said these trees have been fertilised and a good grass body is growing which can be grazed by cattle.

The remaining native bushland is agisted by neighbours for cattle, but Ms Ross said this area may also appeal to those interested in developing a natural capital investment portfolio.

Water is sourced from a number of bores and infrastructure includes accommodation and two sheds.

Expressions of interest for Rocktear Park close February 26.

Glensloy, NSW

The Bowman family from Young has taken possession of a productive mixed farm owned by well-known NSW commercial woolgrower Jim Gordon.

The 1082ha Glensloy is located near Memagong, 9km west of Young, in the tightly held Hilltops district of the state’s South West Slopes region.

In May last year, the lamb, wool and beef production powerhouse was offered to the market for the first time since 1901.

At the time it was conservatively managed and running 2000 ewes, 1500 lambs, and 100 cattle, and growing 981ha of crops on red to sandy loam soils.

Elders agent Rachelle Barnett was unable to disclose the price paid, but when Glensloy failed to sell at auction in June, it was listed for $17M.

“The property offers carbon-credit opportunities,” Ms Barnett said.

“Chemicals haven’t been used on the property for 20 years and recent soil tests show an impressive average 5.4pH level and excellent organic carbon levels.”

Watered is secured by 15 dams, some spring-fed, seven bores and Stoney Creek frontage.

Infrastructure includes a seven-bedroom circa-1906 home, two three-bedroom homes, numerous sheds, 100 tonnes of grain storage, cattle yards, a seven-stand shearing shed and steel sheep yards.

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