THIS week’s property review includes this wrap-up of interesting recent listings across the country.

• Renowned SW Victorian assets up for grabs
• Neighbours offer 2000ha in NSW’s Riverina
• Solid interest for SA’s Maranoa Downs
• NSW’s Grand Junction splits in two

Sheep on the 4551ha Banongill South, 20 minutes south of Skipton

Renowned SW Victorian assets up for grabs

No price guide is being offered for an investment opportunity producing beef cattle, prime lamb and crops across close to 5500ha in Victoria’s south-west.

Located about 75km apart, the 4551ha Banongill South is in the Vite Vite North/Carranballac region, 20 minutes south of Skipton, while the 792ha Brenleys is north of Willaura and 20 minutes from Ararat.

The two properties are owned by Ballarat-based farmers Chris and Tanya Mulcahy, and once formed part of the 8200ha Banongill Station, a flagship Western District cropping and livestock holding in Victoria, offloaded in 2020 by agricultural fund manager Laguna Bay for $80 million.

The holdings are close to Ballarat, Geelong and Warrnambool, as well as local grain receival points, livestock selling centres, and wool and meat processing facilities.

Elders agent Rob Rickard reports good early interest.

“A number of interstate producers and large family farm operators are seeking more reliable and secure rainfall and country that delivers year in, year out.”

Banongill South

Over the past five years, the winter cropping program has been wound back and now accounts for 15 percent of the total land area.

The balance has been converted to a more dominant pasture-based system for livestock breeding and backgrounding. It is currently running 1300 sheep and 1430 cattle. In 2025, the property was running 2200 sheep and 1545 cattle.

Considerable investment has been directed towards pasture improvement, fencing upgrades, water expansion, subdivision into smaller paddocks and the development of high-quality farm infrastructure.

Mr Rickard said these initiatives have significantly enhanced the property’s productivity, operational efficiency and carrying capacity.

The property is watered by the historically reliable Banongill Spring, as well as numerous bores and dams.

Infrastructure includes a renovated four-bedroom home, a three-bedroom staff home, modern six-stand undercover sheep yards, steel cattle yards, numerous sheds and 15 grain silos with 1239-t of capacity.

Brenleys

Brenleys operates under a full winter cropping program on free-draining loam soils across three clear and open paddocks. During the summer months, once harvest is complete, sheep are grazed on stubbles.

Water is supplied by dams and bores.

Mr Rickard said the long-term vision for Banongill South is to operate as a specialised, intensive sheep and cattle enterprise, with Brenleys serving as the principal grain production base supporting the broader livestock business.

The 5433ha Banongill South and Brenleys are being offered for sale by expressions of interest, closing on July 8, either as a whole or as separate assets.

Neighbours offer 2000ha in NSW’s Riverina

Two neighbours have listed close to 2000ha of productive mixed farming and livestock country in the highly regarded Eastern Riverina region of New South Wales.

The 972ha Oivi and the adjoining 1012ha Kolonga are located near Harefield, north of Wantabadgery, in a region renowned for its reliable rainfall and fertile agricultural land.

The scenic property is 21km south of Junee and 42km north-east of Wagga Wagga and has been owned by Chris Wilson and his family for the past 33 years.

Oivi is suited to livestock breeding, trading and finishing, complemented by dryland cropping for both grazing and grain production.

The scenic property features a gently undulating landscape, underpinned by granite loams and red brown earths over clay subsoils.

Around 660ha of arable land grows improved pastures, cereals, legumes and forage crops capable of supporting 9100DSE.

Oivi has three equipped bores, plus an additional bore ready for connection, 10 dams and frontage to the Claris and Wantool Creeks in a 562mm average annual rainfall region.

Infrastructure includes a three-bedroom home, a three-bedroom cottage, a four-stand shearing shed, sheep yards, cattle yards, numerous sheds and 450 tonnes of grain storage with an additional 60 tonnes of silo storage currently used for feed grain.

This year, a confinement feeding facility capable of accommodating 4000 sheep was completed, providing opportunistic lamb trading capability.

Oivi is anticipated to make around $12 million on a bare basis. Expressions of interest close on July 16.

Kolonga

Meantime, Kolonga is available for sale for $14,703/ha ($5950/ac) or around $14.8m.

Offered by the Cook family after 67 years of ownership, the 1012ha dual-purpose winter cropping and breeding and finishing platform is 25km south of Junee and 32km north-east of Wagga Wagga.

Around 87 percent or 907ha of the red granite loam soils are arable and typically sown to 146ha of wheat, 46ha of barley and 43ha of canola.

The balance grows improved pastures and native grasses capable of running 10,500DSE.

Underpinning the cropping and pasture rotations is a comprehensive agronomic plan which includes strategic fertiliser and liming regimes.

Kolonga is watered by three dams, a bore and dual frontage to Thompson and Sandy Creeks, supported by 574mm of average annual rainfall.

Infrastructure includes a four-bedroom home, a four-stand shearing shed, numerous sheds, new steel sheep and cattle yards, four silos and 17km of new fencing.

LAWD agents Col Medway and Tim Corcoran are handling both sales.

Solid interest for SA’s Maranoa Downs

Elders agent Grant Schubert reports widespread interest in South Australia’s Maranoa Downs which offers exceptional feed.

The 1699ha blue-ribbon holding is located near Stewart Range, 17km west of Naracoorte and 118km north of Mount Gambier.

It was one of two properties offered to the market in October last year by the Western District Pastoral Company after 65 years of ownership.

Earlier this year, cattle producer Chris Thompson expanded his Limestone Coast footprint with the purchase of the 688ha Kingurra.

Maranoa Downs was subsequently listed with a $20m to $24m price guide on a bare basis.

Mr Schubert said inquiries are coming from local and interstate producers chasing a long-term opportunity to purchase.

The property has undergone extensive pasture improvement with established stands of phalaris, lucerne, ryegrass, clover, cocksfoot and chicory and is currently running 930 breeders.

In recent years 159ha have been deep ripped to a depth of 800mm, in addition to 40ha benefitting from a clay application.

Maranoa Downs is subdivided into 52 main paddocks, with 2km of new fencing, and is watered by several dams and two equipped bores.

Infrastructure includes a renovated four-bedroom home, a four-stand shearing shed, steel sheep and cattle yards and numerous sheds.

The 1699ha blue-ribbon holding is located near Stewart Range, 17km west of Naracoorte and 118km north of Mount Gambier.

NSW’s Grand Junction splits in two

A cropping, irrigation and grazing development opportunity in New South Wales’ far south-west is being offered to the market as two separate holdings after failing to sell as a whole late last year.

The 4138ha Grand Junction is situated in the Sunraysia district, 10km north-west of Wentworth and 33km from Mildura, in a 286mm average annual rainfall region.

It has been divided into the adjoining 2875ha Grand Junction West (cropping and irrigation) and 1275ha Grand Junction East (grazing) by Grand Junction Pty Ltd after 16 years of ownership.

Both have dual frontages to the Silver City Highway and Pomona Road, as well as direct ‘over the bank’ access to the Darling and Great Darling Anabranch Rivers, providing secure water access for irrigated cropping.

Smith Agri International agent George Souliotis said future land uses may include irrigated cropping, dryland cropping, intensive horticultural development, grazing or feedlotting.

“Expert independent reports have identified a 1600ha irrigation development opportunity, with the vendor undertaking development feasibility assessments and inspections to deliver greenfield development confidence and remove perceived development risk.”

Grand Junction is being offered for sale as a whole or separately, on a walk-in walk-out, going concern basis.

Grand Junction West – offered with a $16 million to $16.5 million price guide.

With 9.5km of Silver City Highway dual frontage, the 2875ha Grand Junction West has 24km of Great Darling Anabranch frontage providing secure access to irrigation water.

Grand Junction East – $3.25m ($2549/ha or $1000/ac).

The 1275ha Grand Junction East has 3km of Silver City Highway frontage and 2km of dual frontage to Pomona Road. With 1.5km of frontage to the Darling River, it is offered with 125ha of flood irrigation development.

In addition to Grand Junction West and Grand Junction East, the vendor will consider selling additional parcels of land with direct frontage to the Murray River.

The 4138ha Grand Junction is situated in the Sunraysia district, 10km north-west of Wentworth and 33km from Mildura.