A VICTORIAN mixed farming portfolio tipped to make more than $150 million heads up the this week’s review of recent listings across Victoria and New South Wales.
Victorian grazing and farming portfolio tipped to exceed $150 million
Di Georgio family offers Western District grass factory
Versatile country on offer in central west NSW
Victorian grazing and farming portfolio tipped to exceed $150 million

In one of the biggest listings for the year, a south-west Victorian grazing and farming portfolio spanning more than 12,140ha and rated to carry 200,000 DSE is expected to attract more than $150 million.
The six-property offering near Mortlake in the Western District is described as the region’s largest mixed grazing and farming opportunity, with country suited to beef, prime lamb, wool and cropping.
The holdings are close to the Western Victoria Livestock Exchange and centrally located to Geelong, Ballarat, Warrnambool and Hamilton.
The portfolio comprises:
The 5946ha Mt Fyans Aggregation neighbouring the 1426ha Manooka, a 240ha block and the 1244ha Kielli.
A nearby 1599ha holding forming part of the Mt Fyans Aggregation.
The 1805ha Mondilibi and an adjoining 359ha block.
Elders agent Rob Rickard said the offering presents an unprecedented opportunity to buy at scale in reliable 609mm (24 inch) rainfall country.
“The portfolio has amazing soil types. From highly regarded red volcanic soils on the southern end to basalts and some volcanic rises on the most northern end of the property.”
“The water quantity and quality for livestock is also outstanding. It has exceptional underground water from bores and springs,” he said.
Mr Rickard expects the portfolio, offered as a whole or in separate holdings, to attract institutional investors and corporate buyers.
With more than half the country arable, the offering could also appeal to large cropping organisations seeking high-yielding winter cropping land.
Renewable energy offers potential for diversified, passive income. The Mt Fyans Wind Farm project has received Victorian government development approval, with 15 turbines allocated to Mondilibi and Manooka within a larger 81-turbine development.
Read more about the sale of Mondilibi and Manooka in this earlier Beef Central story.
https://www.beefcentral.com/property/properties-for-sale-victoria-south-australia-and-qld/
Mt Fyans Aggregation
The portfolio’s largest holding, the Mt Fyans Aggregation, is being offered by New South Wales Merino stud breeders Ian and Camilla Shippen.
Spanning 7545ha near Dundonnell, 21km north of Mortlake and 44km north-west of Camperdown, the aggregation has an estimated carrying capacity of 100,000 DSE.
The Shippens, through Banyandah Pastoral, paid $37 million for the then 5946ha Mt Fyans property in December 2018. During their eight-year ownership, they have added 1599ha of nearby country.
They have also invested heavily in pasture improvement, soil amelioration and a strategically designed farm layout, including more than 100km of new fencing, laneways and all-weather access roads.
Water is supplied by a spring, three bores and dams.
Infrastructure includes an historic nine-bedroom bluestone homestead, built in the mid-1880s to a design by local architect Andrew Kerr, as well as guest accommodation and four staff residences.
Other infrastructure includes original and newly built shearing quarters, a shearing shed expanded from four to 14 stands, sheep yards, numerous sheds and 9250 tonnes of grain storage.
The Mt Fyans Aggregation is being offered as a whole or in separate holdings through an expressions of interest campaign closing on December 9. Elders agents Nick Myer and Rob Rickard are handling the sale.
Shippens
In September, the Shippens also listed their North Tahara Aggregation in the Eastern Riverina of New South Wales, with price expectations of around $55 million.
https://www.beefcentral.com/property/properties-for-sale-nsw/
The 4805ha mixed farming portfolio lies 18km east of Wagga Wagga and 25km south-east of Junee. It comprises the adjoining 2023ha The Pinnacles, 2516ha Valima and 266ha Wheel of Fortune holdings.
The two listings (Mt Fyans and North Tahara) follow the Shippens’ May purchase of the Wanganella and Boonoke Merino sheep studs and properties, which are regarded among Australia’s best-known Merino genetics assets.
Wanganella and Boonoke was sold to the Shippens by Australian Food & Agriculture, and formed part of the original FS Falkiner & Sons aggregation. They were included in AFA’s Deniliquin portfolio alongside Warriston, Peppinella, Zara and Barratta.
Di Giorgio family offers Western District grass factory

The modern Karrara raised board shearing shed.
South Australia’s Di Giorgio family has listed the 967ha Karrara Aggregation in Victoria’s renowned Western District, with an asking price of around $20 million, after two years of ownership.
The family purchased the property from Excel Farms in November 2024 to complement its existing operations and is now selling as part of a consolidation.
The asking price is similar to the figure paid in 2024.
The aggregation is located near Ecklin South, about 30 minutes from Warrnambool, and comprises two highly improved and well-developed properties – the 558ha Karrara Farms and the 408ha Acacia Downs.
Karrara is described as a ‘grass factory’, and has been used to breed and finish cattle and is also suited to sheep, with a carrying capacity of 20,000 dry sheep equivalents.
Once traditional dairy country, the gently rolling arable land features highly fertile soils, mostly basalt over clay, established to perennial and annual pastures.
Water is supplied by six bores, supported by 890mm of rainfall.
Infrastructure includes six homes, an undercover yards complex, sheep and cattle yards, a shearing shed, numerous sheds and substantial grain storage.
LAWD and JLL Agribusiness are handling the sale.
Versatile country on offer in central west NSW
After 10 years of ownership, Peasley Farming is selling its livestock and cropping enterprise in New South Wales’ Central West.
Offered with a $2470/ha ($1000/ac) price guide, the 3314ha Wandella is 40km from Tottenham and 75km from Condobolin.
Kevin Miller Whitty Lennon & Co agent Gavan Coote said after a good season, the vendors are currently harvesting and achieving above average yields.
“Wandella will attract producers seeking scale and versatility. Historically, the property has been farmed in rotation with pastures, supporting a flexible combination of grain, fodder, sheep and cattle production.”
Red loam soils stretch across most of the property, with lighter loams along the ridge country.
Natural pastures include trefoil, clovers, ryegrass and a mix of winter and summer grasses, with established timber belts providing shelter for livestock.
The property's livestock carrying capacity has previously been assessed at 1.5DSE to 2.5DSE per hectare, depending on seasonal conditions.
The holding is known to have run around 4000 ewes and progeny plus 400 cows and calves together with winter cereal cropping, including wheat, barley and oats.
Wandella is watered by 24 dams and Tiger Creek frontage.
Infrastructure includes a renovated four-bedroom home, a two-bedroom dwelling, a three-bedroom cottage, a four-stand shearing shed, steel sheep and cattle yards, three sheds and 11 grain silos with a combined 660 tonnes of capacity.
HAVE YOUR SAY