PRIME grazing country in three states – New South Wales, Western Australia and Queensland – including some generating carbon income, feature in this week’s wrap-up of interesting recent property listings.

 EOI for prime Marra Creek country

 SW Qld’s Yarronvale generates carbon

 Carbon on offer on WA’s Jingemarra Station

 Makeham’s put $15.25m on Young’s Rothesay

 Collie’s historic Merrigal  lists for $22m

EOI for prime Marra Creek country

Prime Marra Creek grazing country in central western New South Wales that changed hands four years ago has returned to the market via expressions of interest closing on 6 August.

The 13,600ha Womboin Station is near Girilambone and 111km north of Nyngan and 146km north-west of Warren. Combined with an 843ha crown land lease, Womboin spans 14,443ha.

It is being offered to the market by Gordon Welsh as part of a strategic portfolio realignment across central western regions of both New South Wales and Queensland.

While Sydney-based Meares & Associates were unable to provide a price guide, Mr Welsh purchased Womboin for $13.6 million on a bare basis in September 2022.

The productive and low input cost grazing property is well regarded for cattle and sheep breeding and finishing, as well as fine wool production.

The property is well regarded for its production of fine 18-19 micron wool, with Womboin fleeces regularly recognised in local, regional and national competitions.

The existing flock consists of 6500 Egelabra blood ewes that are shorn in May and lamb in July/August each year.

Currently, management sell the wether lambs off their mothers, holding around 2500 ewe lambs as replacement ewes.

Since 2022, the vendor’s capital investment in operational infrastructure has lifted the property’s carrying capacity from 6000 ewes to 6500 ewes. Today, Womboin can run 14,000DSE, as well as background and finish 500 to 1000 opportunistic trade or agistment cattle.

Agent Sam Meares said Womboin provides purchasers with an opportunity to acquire an established operation with further upside in sheep and cattle production.

“It represents a compelling investment opportunity to secure a large-scale, proven grazing asset in a district long recognised for quality sheep, cattle and wool production.”

“Womboin combines proven carrying capacity, quality output and recent investment in water security and cattle infrastructure to give the incoming owner both reliability and flexibility in normal seasonal conditions but importantly better upside opportunity in wetter years.”

The open to lightly timbered country features a diverse soil profile, ranging from alluvial Marra Creek flats along the western boundary through to extensive clay pans and lighter red and brown loams to the east.

Extensive ponding across the clay country has encouraged a strong mix of annual and perennial herbages, clovers and grasses, including old man and bladder saltbush.

The Warrambool, a seasonal watercourse running through the holding, provides an abundance of additional seasonal feed during wet periods.

Womboin boasts a 38km Marra Creek frontage, and is also watered by 31 dams and three equipped bores, supported by 420mm of annual rainfall.

Infrastructure includes a four-bedroom home on the banks of the Marra Creek overlooking the Homestead Lagoon, a 10-stand shearing shed, renovated shearers quarters, four sheep yards, new steel cattle yards, 1200 tonnes of grain storage and numerous sheds.

SW Qld’s Yarronvale generates carbon

Interest is coming from across Queensland, New South Wales and Victoria for a south-west Queensland grazing property generating carbon income.

The 32,140ha Yarronvale is in the Cooladdi district, 120km west of Charleville and was once a stop on the historic Paroo River stock and droving routes.

The property was destocked for four years and is growing abundant feed and mulga reserves It is being offered for sale by Ray Taylor from Emerald after 28 years of ownership.

In the past, Mr Taylor said he has run 6000 sheep and 400 cattle.

“The land has been regenerating resulting in feed above your head, while generating a supplementary carbon income, which has another four years to run.”

The property has red loam, basalt outcrops and grey river and creek soils timbered with mulga, box, sandalwood, gidgee, coolabah and wattle.

Yarronvale has 13km of Paroo River frontage with reliable waterholes, a flowing artesian bore and 13 dams, supported by 498mm of average annual rainfall.

Infrastructure includes a five-bedroom home, a six-stand shearing shed, two sheep yards, three cattle yards and numerous sheds.

Yarronvale will be auctioned on July 23. Schute Bell Badgery Lumby agent Jason Hartin is handling the sale.

Carbon on offer on WA’s Jingemarra Station

Elders is marketing a sheep station in Western Australia’s mid-west with a fully registered and reporting HIR carbon project.

The 110,426ha Jingemarra Station 72km north of Yalgoo and around 2.5 hours from Geraldton is also suited to cattle breeding.

Jingemarra’s HIR project is managed by Select Carbon and has issued 87,707 ACCUs to date.

Estimated ACCU yield and project generation forecasts over the 25-year project life are available on request; however, Mr Smith said best estimates based on the property’s land systems and scale are between 350,000 and 400,000 ACCUs.

“The real opportunity is to use the carbon credit income to create a fully functioning livestock enterprise.

“ACCU income will provide sufficient income to live very well and carry out the necessary repairs and maintenance while a viable herd of cattle breed up on the property,” he said.

Mr Smith believes most inquiry will come from carbon investors and buyers seeking a solid station that requires some work, but has an underlying income stream until it can be stocked and producing.

Most of the lease sits inside the No 2 state barrier fence and has a potential carrying capacity of 7470DSE or 1067CU.

Mr Smith said the property also features magnificent breakaway and granite country, giving it strong eco-tourism potential.

“The Yalgoo region has a rich history of gold prospecting, pastoralism and aboriginal occupation.

“The country on Jingemarra provides some areas that are simply spectacular, including towering breakaways with caves and overhangs and granite outcrops.”

Jingemarra Station has 34 watering points, good-quality shallow underground water and a network of creeks supported by long-term average rainfall of 232mm.

Infrastructure includes a circa-1927 six-bedroom homestead with high ceilings, ornate skirting and cornices, polished jarrah floorboards and leadlight feature windows, plus a six-stand shearing shed, sheep yards, shearers’ quarters and numerous sheds.

Jingemarra Station is offered for sale on a bare basis via a two-stage expressions of interest campaign, with stage one closing on July 10.

Makeham’s put $15.25m on Young’s Rothesay

Simon and Justine Makeham have put a $15.25 million price tag on their picturesque blue-ribbon mixed grazing and farming operation on the south-west slopes of New South Wales.

The 809ha Rothesay located 26km from Young and Wallendbeen has been owned by the couple since 2014.

It is and suited to livestock breeding and finishing together with dryland cropping and pasture production.

Around 718ha (89 percent) of the fertile granite loams and red brown earths over clay subsoils are considered arable, with 236ha cropped to wheat and oats and the balance growing improved pastures and supporting 10,700DSE.

Water is secured by three equipped bores and 14 dams in a reliable 709mm annual rainfall region.

Infrastructure includes a renovated 1920s architecturally designed four-bedroom home, a renovated three-bedroom cottage, steel cattle and sheep yards, a four-stand shearing shed, nearly all new fencing and central laneway system, sheds and 130-tonnes of grain storage.

LAWD agents Col Medway and Tim Corcoran are handling the sale.

Collie’s historic Merrigal lists for $22m

Around $22 million is anticipated for a highly regarded and historic cropping and livestock enterprise in the Collie district of central western New South Wales.

The 5075ha Merrigal located 11km north of Collie, midway between Warren and Gilgandra, and 90km north of Dubbo was acquired by the Lean family in 2007.

Until 19 years ago, Merrigal had been held by the Perry family for three generations, or 75 years.

The property was originally settled by Alexander McGregor in 1845, and has transitioned from a traditional wool-growing enterprise into a mixed farming operation combining cropping (cereals and pulses) with a self-replacing Merino flock. It is equally suited to sheep, cattle or a combination of both.

Peter Milling & Company agent Peter Dwyer has been appointed to sell Merrigal and is already fielding strong interest from corporates and large family farming operators.

The property has been continually improved under the stewardship of the Lean family. It has around 3242ha of fertile soft grey self-mulching soils through to red loams typically sown to dryland cropping.

However, Mr Dwyer said the current cropping program had been tipped on its head by the season.

“Today, 1300ha of crop is being sown to wheat and barley, and the rest will be left fallow.

“That is very much the case for many local grain farmers,” he said.

“They are either not planting, or not planting the full amount, because the season is so late.”

The remaining 1833ha provides quality grazing and finishing country along the creek systems. In addition, lucerne has been grown on some of the cropping country, providing a valuable grazing and finishing platform.

The property is situated in a temperate inland climate with hot summers, cool winters and moderate annual rainfall averaging between 480mm and 500mm. Water is supplied by five equipped bores, 13 dams and frontage to the Merrigal and Wemabung Creeks.

Infrastructure includes three three-bedroom residences, a five-stand shearing shed, two steel sheep yards, two steel cattle yards, numerous sheds, and 2270 tonnes of grain and fertiliser storage across 14 silos.

A historic 12-stand shearing shed, one of the first in New South Wales to be powered by electricity, is used for sheep shedding and storage.

Merrigal is being offered for sale through a two-stage expressions of interest process. Round one closes on July 30, with round two closing on August 7.