Goat Central

CBRE offers NSW rangeland goat and grazing block Wyoming

Sheep Central, January 16, 2023

Rangeland goats cross a flat on Wyoming Station.

A WESTERN New South Wales property that harvests about 4000 rangeland goats annually is being offered by prominent landholder Robert McBride with price expectations of more than $7 million.

The 42,716 hectare Wyoming Station is located on Karpa Kora Road, Moorara, and consists of two Western Lands leases.

It is situated 55 kilometres north-east of Pooncarie, 131km south of Menindee and 243km south-east of Broken Hill.

CBRE Agribusiness’ Phil Schell and Angus Bills are managing the Expressions of Interest campaign, which is due to commence in the coming months.

Mr McBride said he is offering the station to enable infrastructure development of his nearby holdings Tolarno and Peppora stations. He said Wyoming is never going to look better than it does today after about 13 inches of rain in the past 12 months.

“It has done exceptionally well for me, but I’m releasing money if it does sell, to spend on Tolarno and Peppora to make them better operations.”

Wyoming Station hosts eight main paddocks, additional holding paddocks and graded roadways throughout for stock movement, water runs, and time management.

Mr McBride said rangeland goats have been the saviour of NSW’s Western Division for the last decade.

Mr Bills said Wyoming Station has substantially benefitted from harvesting goats in the past few years.

“A key feature of the property is the permanent water pipeline supplied from the Darling River, and the 12 earth dams, drastically increasing the availability and water catchment for livestock, whilst not completely relying on rainfall for stock water.”

Mr Schell said Wyoming Station is a well-managed pastoral operation that has benefitted from an above average season, drastically enhancing the pasture base for the incoming purchaser.

“We’re expecting strong interest from pastoralists looking to increase their scale, CBD-based investors seeking alternative assets, southern graziers searching for a breeding block and corporate groups.”

Sheep on Wyoming Station. Source – CBRE Agribusiness.

Improvements at the property include a four-bedroom homestead, a primary shed with an extension to house a light aircraft, a runway, generators, four-stand shearing shed, and weldmesh sheep yards with holding pens.

The current pasture base comprises a mix of Spinifex, Spear Grass, and Copper Burr with timbers comprising Belah, Oaks, Wilga, Native Pine, and Mallee.

The Western New South Wales pastoral region has experienced an excellent season, receiving 190mm above the historical average annual rainfall to December 2022 (BOM).

A shared pipeline supplies eight 22,500 litre poly tanks, with water sourced via the Darling River at Bald Hills, and Wyoming Station features 12 well-fenced dams and an associated water licence for Regulated River High Security Water for extraction from river, lake, or surface water.

Source: CBRE.

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