THIS week’s property review includes this wrap-up of interesting listings across South Australia, New South Wales and Queensland.

 Historic Warroo Station relists

 NSW’s historic Mylora lists for $41m

 SA scenic sheep station offers tourism

 Jacksons list Willalooka’s Tallawong

Historic Warroo Station relists

After nearly 180 years in the one family, the owners of a distinguished place in Australia’s pastoral history are bringing the southern Queensland property Waroo Station back to the market as part of a planned transition to new interests.

Warroo Station  is situated between Goondiwindi, Warwick and Stanthorpe, 40km from Inglewood and close to major saleyards, feedlots and meat processing facilities.

The property has remained in continuous family ownership since original settlement, across seven generations.

Warroo Station was originally settled in 1849 by wool industry pioneer Frederick Bracker who is credited with establishing the first Merino stud breeding program in Queensland. Today, it is regarded as an important part of Australia’s pastoral history, with longstanding ties to the Red Angus cattle breed and to the sheep and wool industry.

The decision to sell follows the Goodrich family’s succession planning, allowing them to pursue other interests.

In October 2023, the family offered 14,435ha to the market via an expression of interest campaign. After it failed to sell, the property was listed again the following year with a $35m plus price guide.

Since then, 5078ha have been carved off, with two portions under contract and additional areas listed separately for sale.

Even so, Warroo remains one of the largest freehold landholdings within a 200km radius of Brisbane, the Gold Coast and the North Coast of New South Wales.

The remaining 9357ha will be auctioned on May 14 on a walk-in walk-out basis (including station plant and equipment) by Elders Real Estate QLD/NT agent Phillip Kelly, together with LJ Hooker Warwick agent Rob Finlay.

Mr Kelly said properties of this size and quality are rarely offered to the open market, particularly in Queensland’s Southern Downs.

“This property has been tightly held through long-term family ownership, which means opportunities to acquire land of this scale, with this level of proven production, simply don’t come along very often.

“Warroo Station has played a significant role in the evolution of Australia’s sheep, wool and beef industries, with a deep production pedigree and a proven track record across multiple agricultural cycles,” Mr Kelly said.

Mr Kelly reports strong early interest from across the board, including cattle and sheep producers as well as investors.

“Warroo Station comprises 15 freehold titles, many with public road access, creating flexibility for large scale beef or sheep operations, as well as future land banking and strategic investment opportunities.”

The mostly open, lightly timbered natural grazing country has expansive alluvial flats rising to gentle low hills, capable of running 1600 breeders or 20,000DSE.

Around 1675ha, historically under lucerne, is arable and could be returned to cultivation.

Warroo is watered by eight bores, 47 dams, spring fed gullies and numerous creeks, with semi-permanent waterholes in a 660mm rainfall region.

Bracker Creek (double frontage) provides seasonal flows and contains several larger waterholes, with the potential to bring underground streams to the surface via excavation.

Infrastructure includes a five-bedroom circa 1800s homestead, a manager’s residence, a cottage and quarters, three cattle yards and three sheep yards, plus extensive machinery and storage sheds.

Mr Kelly indicated two long-term staff members will remain if required.

NSW’s historic Mylora lists for $41m

A renowned mixed-farming holding in southern New South Wales has returned to the market, offered either as a single aggregation or as four separate assets, with expectations of raising $41 million.

The 3209 ha Mylora is positioned between the Southern Tablelands and the South West Slopes, and is widely regarded as one of the district’s premier holdings.

The property was previously bought to market in September 2023 by Angus Graham after 26 years of ownership, making this only the second time the property has been offered for sale in its 170-year history.

Mylora has a deep local history, was once a Cobb & Co. stop and was visited by bushrangers John Gilbert and Ben Hall. It also neighbours the childhood home of Australian poet A.B. ‘Banjo’ Paterson, who titled his first published poem The Mylora Elopement after the property.

LAWD and Inglis Rural Property have been appointed to sell Mylora Homestead, Mylora East, Dunoon and Sawpit by private treaty, including land, water and fixed improvements.

Across the aggregation, productive red granite soils benefit from a long history of fertiliser and lime application, supported by an average annual rainfall of 672mm.

Mylora Homestead

The 1418ha Mylora Homestead, 11km from Binalong, 31km from Yass and 93km from Canberra, is listed for $24 million.

It is currently used for breeding and finishing cattle and prime lambs, fine wool production and dryland cropping (canola, wheat and oats).

Around 1048ha is arable, with the balance comprising rolling pastures carrying 19,500DSE.

Mylora Homestead has 8km of double frontage to Jugiong Creek, plus frontage to Illalong, Bushrangers and Sawpit Creeks, along with 24 dams and an equipped bore.

Infrastructure includes a renovated circa-1850 six-bedroom bluestone homestead, two cottages, shearers’ quarters, an eight-stand shearing shed, sheep and cattle yards, three confinement feeding complexes, 2741 tonnes of grain storage and numerous sheds.

Mylora East, Dunoon and Sawpit

Three adjoining properties spanning 1791ha can be purchased as a whole or individually. Located 14km from Binalong and 35km from Yass, they include:

 509ha Mylora East — $5.5m ($10,793/ha). Offered with a stocking rate of 12DSE/ha, it grows dryland winter dual-purpose crops including wheat, oats and canola. Water is supplied via a bore, 2km of double frontage to Garry Creek and 12 dams. Infrastructure includes a four-bedroom home, sheep yards and sheds.

 841ha Dunoon — $7m ($8,321/ha). Can run 7000DSE or 465 cows and calves. Watered by 3km of Jugiong Creek frontage, 2km of Bushrangers Creek frontage and 15 dams.

 404ha Sawpit — $4.5m ($10,215/ha). Can conservatively carry 4000DSE or 265 cows and calves. Watered by 2km of Jugiong Creek frontage, 2km of double frontage to Sawpit Creek and nine dams.

SA scenic sheep station offers tourism

A scenic sheep station in the heart of South Australia’s Gawler Ranges, backed by an established tourism business, is being offered for sale by Len and Joy Newton after 24 years of ownership.

The 84,7122ha Mount Ive Station was established in 1862, It lies 131km north of Kimba and 190km west of Port Augusta.

The grazing country is rated to carry 9000DSE, with goat trapping providing an additional income stream.

Vegetation includes mallee woodland plains with myall, black oak, blue bush, daisy, scotia bush and bladder saltbush.

In a 260mm average annual rainfall region, water is supplied by bores, springs and numerous dams, supported by an extensive pipeline system.

Rural Co Property Kimba agent Bronte Kenchington said an incoming purchaser could further expand the station’s tourism offering and investigate carbon opportunities.

“Widespread interest is coming from producers through to corporates, with the scope for expansion and additional income streams a drawcard.”

Mr Kenchington was unable to provide a price guide, saying few pastoral stations have changed hands in recent years.

“Well-located properties like Mount Ive are rarely brought to market. Those offered to the market have ranged in price from $650 to $1000 a sheep area, excluding the tourism business.”

Natural attractions include Lake Gairdner Salt Lake (known for its white salt flats), the Organ Pipes (distinctive rock formations) and the Mount Ive Lookout (offering sweeping views across the Gawler Ranges).

Each March, the station hosts the National Dry Lake Racing event, as well as attracting international film crews and advertising companies from the fashion and automotive industries.

Infrastructure includes two residences, tourism accommodation (including dongas and powered and non-powered sites), shearers’ quarters, a six-stand shearing shed, multiple livestock yards, a station store with a liquor licence and several sheds.

Expressions of interest for Mount Ive Station close on May 1.

Jacksons list Willalooka’s Tallawong

After 43 years of ownership, Jamie and Josie Jackson have decided to auction their prime grazing land, on the doorstep of Willalooka in South Australia’s south-east.

The 1272ha Tallawong fronts the Riddoch Highway (one of the main arterial roads between Melbourne and Adelaide) and is located 32km from Keith and 77km from Naracoorte.

The region is renowned for abundant underground water, reliable winter rainfall and access to livestock markets at Naracoorte and Mt Gambier, as well as meatworks at Bordertown, Murray Bridge and Naracoorte.

Tallawong runs around 2050 ewes and 650 ewe hoggets, annually turns off around 3000 prime lambs (including culls), and trades around 60 head of cattle.

In addition to the grazing enterprise, the sale includes 24ha of high-value hardwood plantation timber.

TDC agent Mark De Garis said the property has been meticulously managed and regenerated by the Jacksons.

“The vendors have transformed the extensively cleared property during their ownership, planting shelter belts throughout to provide year-round weather protection for lambing.”

Around 80 percent of the property is growing perennial pastures, divided into 30 main paddocks, with 14 split for cell grazing.

A 10ha area of flood irrigation supports lucerne, chicory, fescue and strawberry clover, providing year-round grazing.

A 415ML water licence is included in the sale.

Improvements include a four-bedroom home, a four-stand shearing shed, sheep yards, two cattle yards and two sheds.

Tallawong will be auctioned on May 22.