Strathmore features 5km of Macquarie River frontage between Dubbo and Geurie, and  supports four centre pivots. Photo: Elders

IN THE NEW South Wales market, renowned Moree district property Terlings has sold, and Rutherglen in the Nyngan district and Strathmore at Geurie have listed.

Terlings

The remaining portion of an institutional grade dryland cropping and grazing opportunity made famous by a royal visit has sold to a local family.

The 1860ha Terlings is located 48km north-east of Moree and 76km south-west of Goondiwindi in the acclaimed Golden Triangle region of north-western NSW.

Terlings was offered for sale together with 1400ha Dundenoon, 3km away, by Carina and Ed Shannon.

The couple took ownership of the combined 3260ha in 2019 from Carina’s father, well-known industry veteran Sinclair Hill.

Agents from LAWD and Moree Real Estate were unable to disclose the buyer or the price paid, however during the sales campaign, Terlings was offered with a price guide of $15M-$16M.

Terlings is suited to summer and winter crop production and has sold locally. Photo: LAWD/Moree Real Estate

The country is mostly level to gently sloping black, brown and red self-mulching loams described by Mr Bailey as ‘first class’.

There are 1274ha or 69 percent of cultivation, with the balance grazing and support land.

Terlings is dissected by the Nee Nee Creek and connected to the Kiga capped and piped bore scheme, with addition water provided by a bore and several dams.

Infrastructure includes an historic seven-bedroom homestead, 549 tonnes of grain storage, a 1200t grain bunker, steel cattle yards, a 16-stand shearing shed, and numerous sheds.

Dundenoon was sold earlier this year to a local family for more than $1Mm including 400ha of cotton.

Strathmore

Mark and Sally Carter have listed their agricultural powerhouse on the Macquarie River in central western New South Wales after 14 years of ownership.

The 596ha Strathmore is located 25km from Geurie and 37km from Dubbo and is suited to a mix of irrigation, dryland cropping and livestock production.

Situated in a 635mm rainfall region with 5km of Macquarie River frontage, four centre pivots irrigate 179ha, and 416ha is used for dryland cropping.

The Carters grow dual purpose winter cereal crops and sweet corn in the summer, as well as trade cattle and sheep (season dependent).

Elders agent Richard Gemmell said Strathmore’s versatility gives the vendors the ability to adapt and pivot with the market and the seasons.

“The turnkey enterprise is regarded as one of the district’s most productive and well-developed properties, offering flexible year-round income streams,” Mr Gemmell said.

“It is attracting early interest from producers with western country who want a fodder factory to finish livestock given its water security, locals seeking expansion and those looking at intensive crop production.”

Infrastructure includes a five-bedroom home, a three-bedroom cottage, a recreation riverside hut, numerous sheds, a two-stand shearing shed, steel sheep and cattle yards and six silos with more than 300t of grain capacity.

Expressions of interest for Strathmore close on June 18, with offers for the 582ML groundwater licence to be considered separately.

Rutherglen, NSW

The Donald family’s highly regarded farming country in the Bogan Shire of central New South Wales has been listed for $4.3M after failing to sell following an expressions of interest process.

The 2781ha Rutherglen is situated 14km south-west of Nyngan, on a branch of the Whitbarrow Creek. Farmland between the Bogan River and Pangee Creek is described by locals as ‘the golden egg’ of the district.

Rutherglen, south-west of Nyngan, is being offered for sale by the Donald family for $4.3M. Photo: Elders

Elders Dubbo Rural agent Joe Simpson said the level red loams, known for producing quality winter crops, such as wheat and barley, canola and oats, are highly sought after.

“It is rare to find renowned farming country on the doorstep of Nyngan,” Mr Simpson said.

“Its location and scale should appeal to neighbours and locals seeking expansion, and also southern farmers seeking value for money.”

“There is an opportunity to add value to Rutherglen by developing the property and potentially growing more crops.”
Over four generations of ownership spanning 85 years, the Donalds have been cropping around 1462ha and running some sheep and cows on 1329ha of open grazing and light timber country growing mostly native pastures.

Infrastructure includes a four-bedroom home, a granny flat, numerous sheds, a four-stand shearing shed, several sheep yards, cattle yards and 313t of grain storage.