THIS week’s property review includes a wrap-up of interesting recent listings across the country offering grazing, cropping and fodder production.

 Goulburn Valley mixed farm tipped to make $13.5m+

 Breeding and fodder properties list separately

 Scale in New South Wale’s central west

Goulburn Valley mixed farm tipped to make $13.5m+

A $13.5 million to $15.3 million price guide has been given for productive farming and grazing country in northern Victoria’s Goulburn Valley.

The 1950ha Summit Aggregation is located 10km from Nathalia and halfway between Echuca/Moama and Shepparton features extensive frontage to the Goulburn River.

The aggregation is being offered by a local family trading as Summit Farms. It comprises the 440ha

Rothwell Park, 872ha Willunga, 476ha Summit and 162ha Mulberry Tree.

Two Goulburn River water licences totalling 869ML, underpinning the 215ha of irrigation, are available for separate sale.

While the flat landscape has minimal paddock timber making it ideal for large-scale cropping, under the current ownership, the Summit Aggregation has been managed with a focus on sheep and wool production together with a dryland winter cropping and fodder production program.

Historically, 1000ha are cropped alongside 2000 to 2500 merino ewes and followers.

Around 89 percent of the red-brown earth soils are arable and underpinned by a long history of soil amelioration including lime, gypsum and fertiliser.

With the cropping country currently fallowed, the aggregation presents the incoming operator with an opportunity for immediate access for the 2025 winter season.

Mulberry Tree has 95ha of established irrigation country, providing immediate water access. A further 120ha of older irrigation on Summit offers scope for future development.

Across the aggregation, water is sourced from dams, bores and two licenced pump stations on the Goulburn River.

Inglis Rural Property agent Sam Triggs and Elders Real Estate Deniliquin agent Matt Horne have been appointed to handle the sale.

Mr Triggs described the offering as exceptional.

“The Summit Aggregation represents an opportunity for investors, family operators and locals seeking scale, expansion, high quality and consistently performing farming land.

“The irrigation land and water provide an excellent opportunity for future development and improvement,” Mr Inglis said.

Infrastructure includes two homes (Summit and Mulberry), numerous sheds and livestock handling facilities, as well as grain storage.

The Summit Aggregation is offered for sale as a whole or as four separate parcels via expressions of interest closing on April 16.

Breeding and fodder properties list separately

A first-class breeding and fodder factory in New South Wales’ eastern Riverina listed as two separate holdings, is attracting good local and institutional inquiry.

The Walteela and Fletchers blocks are owned by Rob Topfer and Becky Sparks, and located 13km from Wagga Wagga on the high side of the Murrumbidgee River – which means they are flood protected.

The main enterprise is irrigated fodder (hay and silage) production. Lucerne is the main crop with around seven cuts a season taken at a yield of 3t/ha per cut.

With all the pivots sown to lucerne, the vendor expects a total annual production of 5000 to 6000 tonnes per year.

Together, Walteela and Fletchers are operated in conjunction with the vendor’s other properties located in the Southern Highlands.

Over the last 12 months, numbers have averaged 500 joined cows and heifers, but the properties can also carry sheep and lambs.

LAWD agent Tim Corcoran said the adjoining properties can operate as a whole or independently.

“Offering them separately has attracted interest from locals and institutions for expansion or as a bolt-on to an existing enterprise.”

Walteela

The 765ha Walteela is the last property on the Murrumbidgee River and boasts 2.5km of frontage, supported by 571mm of annual rainfall.

The highly developed irrigation, dryland cropping and grazing property is offered with a $23.1 million price tag (land and fixed improvements). Two water entitlements totalling 1590ML are available for separate sale.

Over the past three years, the couple has invested more than $1.8m into developing the working infrastructure and irrigation development on Walteela.

There are 192ha of spray irrigation under seven pivots — either new or recently overhauled and refitted — and plans and clearing have been completed for two pivots to further expand the irrigation area by a further 120ha.

Infrastructure includes a four-bedroom home, steel cattle yards and a shed.

Fletchers

The neighbouring 264ha Fletchers is described by the selling agents as “bolt-on scale with a real point of difference to complement existing enterprises.”

It is offered for sale for $8.9m (land and fixed improvements), and 600ML of water entitlements are available at market value.

More than $1.7m has been invested into developing the working infrastructure and irrigation development, including 112ha of spray irrigation under three new pivot irrigators.

Infrastructure includes a fully enclosed hay shed.

Scale in New South Wales’ central west

The Rockvale shearing shed.

A portfolio of three well-located mixed farms in New South Wales’ central west offers potential buyers economies of scale and operating efficiencies.

Rockvale, The Station and Clifton are located on the Newell Highway, 10km north of Narrandera.

The Charles family owns The Station and the nearby Rockvale, which neighbours Clifton – is offered for sale the Burden family.

McGrath Riverina agent Craig Pellow has given a $2800/ac to $3200/ac price guide for the aggregation, which he describes as ‘value for money’.

“Country around Temora, Cootamundra and Young is selling for $4000/ac to $6000/ac and in Wallendbeen it is making $10,000/acre.

Eight years out of ten, Narrandera will harvest close to 100 percent of the grain produced at Temora,” he said.

“The three properties are situated on the Newell Highway and offer access north to Brisbane, south to Melbourne and east to Sydney, as well as nearby grain receival sites,” he said.

Mr Pellow said the Narrandera Aggregation boasts good yellow box, pine and kurrajong country in a 457mm rainfall region.

“The arable country has expansive open runs (around 2km to 3km) that offer economies of scale and operating efficiencies attractive to large family farm operators and/or corporates.”

Rockvale

The 1198ha Rockvale is located near Narrandera and suited to mixed farming or cropping.

The productive and versatile holding has slightly undulating paddocks, fertile soils and a well-planned layout.

Infrastructure includes a four-bedroom home, a five-stand shearing shed, sheep yards, four silos and a shed.

Rockvale also benefits from an established quarry operation currently leased to Mawsons & Sons Pty Ltd, providing secure ongoing income through rent and royalties.

Clifton

Sheep on Clifton.

The 946ha Clifton is located 5km east of Narrandera and has a history of livestock production and cropping.

Mr Pellow said Clifton is currently operating as a grazing enterprise, but its fertile soils and strong cropping history highlight its potential for expansion into broad hectare cropping.

Reliable water is supplied to the property by dams and a mains connection.

Infrastructure includes a four-stand shearing shed, sheep and cattle yards, numerous sheds and five silos.

The Station

The Station spans 617ha and is also suited to cropping or mixed farming and boasts Bundidgerry Creek frontage.

Rockvale, Clifton and The Station are being sold by expressions of interest.