THIS week’s property review includes a wrap-up of interesting recent listings across Victoria and New South Wales.

 Blue ribbon New England portfolio

 Guyra breeder block

 Southern Pastoral offloads Victorian block for $13m+

 $8m+ for Murrumbidgee’s Carraman Station

Blue ribbon New England portfolio

A blue-ribbon New England breeding or finishing aggregation is one of three properties set to test the higher end of the market in northern New South Wales.

The 1011ha The Eulabah Aggregation, comprising Eulabah, Balnagowan and Glen View, is situated near Niangala, 45km south of Walcha and 80km east of Tamworth.

It is being sold by the Haggarty family’s Goonoo Goonoo Pastoral Company after six years ownership, prompted by the retirement of its long-term manager.

It is understood the Haggarty’s have recently added 1821ha of adjoining country (originally part of the Goonoo Goonoo Station) to its historic holding.

The country ranges from level creek and river frontage to undulating and rolling hills, with rich basalt soils timbered with peppermint and white gums.

The Eulabah Aggregation is close to the 2668ha backgrounding and fattening operation Upton Farms, comprising four nearby farms. The green pasture feedlot was purchased in April 2022 by Queensland producer Adam Rea for $88 million WIWO (including 4500 head of cattle) and features heavy red and chocolate basalt soils capable of running 6000 steers or 4000 cows or 60,000 dry sheep equivalents.

Jim Lyons Agency agent said Eulabah is one of the best properties he has ever marketed.

“Elevated around 1200m above sea level, the highly productive beef operation offers high rainfall grazing (1000mm).”

The aggregation boasts 1.6km of frontage to the McDonald River and 1.2km of frontage to the Halls Creek and is watered by 42 dams, many of which are spring fed.

Infrastructure includes a four-bedroom home, two yards, a shed and many kilometres of new fencing.

The other two New England properties set to test the market are:

 5003ha Wirrabilla, 20km south-west of Walcha

 2734ha St Aubyns Station, 33km south of Walcha.

Guyra breeder block

A breeder block in the heart of the renowned New England region of northern New South Wales is anticipated to make around $3 million when it is auctioned on December 11.

After 30 years of ownership, Caroline Schaefer is consolidating her assets and selling the 436ha Tobermory, 44km east of Guyra and 60km north-east of Armidale.

Nutrien Harcourts agent Joel Fleming said it a perfect bolt-on acquisition.

“The area is tightly held with many third, fourth and fifth generation grazing families.”

The property boasts fertile granite soils and is typical of the country in the Wards Mistake and Aberfoyle area. The undulating grazing country has been cleared and pasture improved with scattered areas of timber providing natural shelter for livestock during the winter months.

It is currently running 90 cows and calves, but the carrying capacity on Tobermory could be lifted by renovating and expanding pastures and applying regular fertiliser.

Water security is a feature, with frontage to the permanent Nowlands Backwater in an 825mm to 875mm average annual rainfall region.

Southern Pastoral offloads Victorian block for $13m+

More than $13 million is anticipated for Southern Pastoral’s productive grazing block in central Victoria.

The 529ha Balboora, with an estimated value of $24,710/ha, is located near Pastoria, 13km from Kyneton and 54km from Bendigo.

The property is suited to both sheep and cattle, and is currently running 2600 crossbred ewes in a self-replacing and trade/store lamb production system on improved perennial grass and clover pastures.

While the property is carrying a huge body of dry feed carried over from previous years, during the drier months, sheep are typically supplemented with hay and silage.

Water is sourced from a solar equipped bore and dams, in a reliable 760mm annual rainfall region.

Infrastructure includes two architecturally designed four-bedroom, two-bathroom homes and numerous sheds.

LAWD agent Patrick Kerr said an additional 1376ha of adjoining land is available for (off market) sale to prospective purchasers upon request.

$8m+ for Murrumbidgee’s Carraman Station

The Murrumbidgee’s Carraman Station, situated in the heart of New South Wales’ Riverina region, has been listed for sale with hopes of raising more than $8 million.

The 1327ha, 8km east of Narrandera and 65km north-west of Wagga Wagga, are being sold by a local producer who is consolidating his assets after four years of ownership.

Carraman Station is currently running cattle, but has an estimated carrying capacity of 7500 dry sheep equivalents.

The productive river country features soils that are mostly red and brown and grey medium to heavy textured alluvial clays growing some irrigated and dryland crops.

The station boasts 9km of Murrumbidgee River and 7km Bundidgerry Creek frontages, with 360ML of water entitlements.

Infrastructure includes a home, a cottage, steel cattle yards, sheds and silos.

The irrigation infrastructure includes a bore and two centre pivots.

The property is also home to abundant native wildlife, potentially offering opportunities for further biodiversity conservation and environmental projects.

Colliers Agribusiness and Wagga Regional Livestock are selling Carraman Station via offers to purchase closing on November 27.