RECENT sales in New South Wales include The Plains at Merah North and Glengarry at Hopefield, while in South Australia, Wild Dog Creek has changed hands.
In listings, Glenkerry in the Vermont Hill district north-west of Condobolin in NSW, is on the market for $6.5 million after being passed in at auction.
The Plains, NSW
A winter and summer cropping block in New South Wales’ north-west has well and truly exceeded expectations, selling for $8.8M to a neighbour.
The 734ha The Plains, 26km west of Merah North and 45km west of Wee Waa, is described as a high-quality farming block in a tightly held area.
It was anticipated to make in excess of $7400/ha but sold for $12,000/ha after two neighbours battled it out at auction.
Moree Real Estate agent Sandy Bailey said the result was underpinned by good local interest, the size of the block and its location.
“It shows quality country is still fetching good money,” he said.
Vendors David and Erica Shorter who own the adjoining country will now concentrate on their grazing enterprise.
Almost all of the once-Coolibah floodout country is arable (694ha) and features level, first-class black and brown loams, with lighter brown intrusions
developed to cultivation.
The Plains is watered by a solar bore and two unequipped bores, as well as a 22,000-litre poly tank and two troughs.
All improvements, including a machinery shed, a workshop and two 70 tonne silos, are protected by a levee bank.
The Stephens family has paid around $10M for a productive and versatile dryland and irrigated mixed farming enterprise in southern New South Wales.
The 581ha Glengarry, located 15km north-east of Corowa and 21km west of Howlong, is renowned for its high-yielding crop, sheep and wool production.
Elders agent Nick Myer was unable to disclose the price paid, however sources have told Grain Central it achieved around $10M.
The highly productive and versatile soil profiles, including red and brown loams with sections of red sandy loams, have historically produced oats, barley, wheat, and canola in addition to sorghum, maize and adzuki beans.
Situated in a reliable 542mm average annual rainfall region, the southern Riverina holding is watered by two irrigation bores (one newly constructed), a
stock and domestic bore, catchment dams and tank storage.
Glengarry has a 1600ML water entitlement sourced from the Upper Murray Groundwater aquifer and 130ha of centre pivot irrigation with scope for
Improvements include a three-bedroom home, more than 900 tonnes of grain storage, extensive shedding, a three-stand shearing shed and adjoining sheep yards and excellent fencing.
Wild Dog Creek, SA
Two buyers have paid $9.35M for three farming assets at the foothills of the southern Flinders Ranges, offered by the Shanahan family after 18 years of ownership.
The Wild Dog Creek Aggregation, spanning 1143ha across four non-contingent properties, was offered to the market in one line or individual lots.
They are located in the Melrose area, in the productive upper Mid North region of South Australia, a region suited to a variety of enterprise options including cereals, oilseeds, legumes, hay production, prime lamb and wool production.
Mark and Paul Rundle secured the adjoining 368ha Wild Dog Creek for $6m ($16,304/ha) and the 68ha Rookhatt for more than $950,000.
The 257ha Sanders block sold to David Kumnick for $2.4m ($9338/ha), while the 449ha The Plains was passed in on a vendor’s bid of $800,000.
The four properties have gently undulating to relatively flat arable land, with mostly red and brown clay loams and some deep black soils.
During their ownership, the Shanahans have focused on broadacre cropping and hay production adopting leading agronomic practices, including variable rate fertiliser application and controlled traffic tillage.
The infrastructure includes a home, various sheds, a shearing shed and yards, substantial rainwater storage, 1200 tonnes of grain storage and a feedlot.
Daniel Schell and Geoff Schell from Ray White Rural handled the sale.
After failing to sell at auction, a mixed-farming powerhouse in Central West NSW has been listed for $6.5M including 2590ha of crops.
The 3139ha Glenkerry, located in the Vermont Hill district, 90km north-west of Condobolin, comprises 2781ha of freehold country and an additional 358ha of leasehold land.
During their three-year ownership, the Orange-based Litchfield brothers have significantly invested in infrastructure, transforming the property into an efficient, easy-to-manage operation.
The soft red Kurrajong country has mainly red and red sandy loams.
Around 93 percent is arable, with more than 2023ha planted to wheat and 566ha planted to barley; both are included in the sale.
Paddy Ward from Ray White Rural said this year’s focus is cropping but Glenkerry is also suited to sheep and cattle.
“The property can run around 3500 dry sheep equivalents or around 350 cows and calves, with the infrastructure supporting both enterprises.”
An anabranch of the seasonal Eremeran Creek flows through the property and there are soft creek flats along the watercourses with good water catchment and run off.
This is supported by 13 dams, with at least one in every paddock.
Improvements include a three-bedroom home, steel cattle and sheep yards, a shearing shed, a machinery shed, 400t of grain storage and 160t of fertiliser storage.