A HISTORIC Western District property and a versatile Riverina aggregation feature in this review of recent Victorian and New South Wales listings.

 Victoria’s historic Buln Gherin lists for $17m+

 Versatile Riverina aggregation offers scale

Victoria’s historic Buln Gherin lists for $17m+

After five years of ownership, the Ross family has placed its Western District grazing property on the market, with hopes of achieving more than $17 million.

The 1089ha Buln Gherin is located 15km south-west of Beaufort, 57km south-east of Ararat and 62km west of Ballarat.

Until 2021, the property formed part of a larger aggregation offered to the market by Craig and Judy Carpenter.

Widely regarded as one of Western Victoria’s most notable rural holdings, the 1881ha Buln Gherin (comprising the 1089ha Buln Gherin, 267ha Buln Gherin North and 525ha Ellimatta) was split up and sold to three local Merino sheep and wool producers for more than $35m.

It was settled more than a century ago. Buln Gherin is named after the local Aboriginal term for ‘black cockatoo’. It offers expansive views across Mount Cole and Mount Langi Ghiran.

The property currently operates as a mixed farming enterprise and is well suited to wool production, prime lamb, beef cattle and cropping.

It has an estimated carrying capacity of 14,000DSE and features highly fertile volcanic soils, with improved pastures benefiting from lime and fertiliser applications.

Abundant water is supplied by three bores and numerous natural catchment dams.

Infrastructure includes a six bedroom homestead (circa 1920), a three bedroom manager’s residence, a six stand woolshed complex with undercover yards, cattle and sheep yards, multiple sheds and 230 tonnes of grain storage.

Buln Gherin is being offered for sale via an expressions of interest campaign closing on May 7, with Elders agents Sean Simpson and Nick Myer managing the sale.

Versatile Riverina aggregation offers scale

A price guide between $15 million and $16 million is being offered for a large and versatile grazing portfolio with cropping potential in the Narrandera district of New South Wales’ Riverina.

The Warren Aggregation spans 4804ha across three adjoining holdings – 597ha Hillcrest, 2114ha Karalee and 2093ha Mount Olive – and is being offered by the family of the late Graham Warren.

The aggregation benefits from 457mm to 483mm of average annual rainfall. It has been operating an Aussie White sheep enterprise with around 6000 ewes and lambs, as well as 120 cows and calves.

It also offers potential for mixed farming or cropping with each of the properties featuring productive sandy red loam soils and natural stands of kurrajong, cypress pine and box timber.

The three properties comprise:

 597ha Hillcrest is 16km north of Narrandera. Currently operated as a grazing enterprise, it is now fallow after being sown to mixed pastures, providing flexibility for the next cropping or pasture program. Around 75 percent is arable. It has five dams, a three-bedroom cottage and two sheds.

 Around 45 percent of the 2114ha Karalee is arable. It has a strong water catchment and all the dams are currently full. Infrastructure includes a renovated home, cattle yards, a shearing shed, two sheds and extensive boundary fencing, including perimeter exclusion fencing. A Biodiversity Conservation Trust agreement provides additional income.

 The 2093ha Mount Olive is 55pc arable. Infrastructure includes a newly drilled bore, a five-stand shearing shed, new sheep yards, extensive fencing upgrades, two sheds, six 40-t grain silos and a 25-t fertiliser silo. It is offered with a Biodiversity Conservation Agreement that provides additional income.

The Warren Aggregation is being offered via a two-stage expressions of interest campaign closing on June 3 by McGrath Riverina agent Craig Pellow.