Property

NSW grazing lands with growth potential dominate property listings

Guest Author November 29, 2024

NEW South Wales grazing properties with development potential dominate property editor Linda Rowley’s wrap of recent listings across the country.

 Bylong Aggregation lists for $13.5m-$15.5m

 Northern Tablelands aggregation to be split up

 Grazing block in southern NSW offers upside

 Five high rainfall properties offer scale in NSW

Bylong Aggregation lists for $13.5m-$15.5m

Local producers and Sydney investors are showing good interest in a Central New South Wales mixed grazing and farming operation listed with a $13.5-$15 million price guide.

The 2545ha Burrumbelong Aggregation is located on the favoured western side of the renowned Bylong Valley, 40km from Rylstone and 83km from Mudgee.

The aggregation comprises adjoining Burrumbelong, Montoro, Thornvale and Oakey Mountain, the aggregation. It has been held by a local family for more than 50 years and is being sold as a result of ‘intergenerational change’.

The properties have a potential carrying capacity of more than 17,000DSE, and comprise typically undulating and rolling hills in the valleys between elevated heavily wooded forests and escarpments.

Around 1200ha are suitable for cropping and or improved pasture development and a further 480ha is productive native grazing country.

The arable country consists of 50 percent non-calcic brown, 30pc solodic and 15pc red and brown soils, favourable for winter and summer forage cropping and the establishment of sub-tropical perennials and clovers.

The holding is watered by seven bores (three equipped), 19 dams and Burrumbelong Creek frontage, supported by 630mm of average annual rainfall.

Infrastructure includes two homes, two cattle yards and two sheds.

The Burrumbelong Aggregation is being offered for sale by expressions of interest closing on December 11. McGrath agents Stewart Adlington and Ingrid Kazzi are handling the sale.

Northern Tablelands aggregation to be split up

John Kennedy will list his aggregation of five Northern Tablelands grazing properties as separate holdings over the next 12 months.

The 4468ha Runnymede Aggregation is situated near Yarrowyck, 36km from Uralla and 42km west of Armidale. It comprises adjoining holdings

Runnymede, Eureka South, Trida, Stonebrook and Sand Creek were aggregated by Mr Kennedy over 23 years.

The first holding offered to the market is the 1236ha Runnymede, a breeding or backgrounding enterprise equally suited to cattle or sheep. It is 90pc arable and suitable for cropping or grazing or a combination of both.

The property is listed for $9.4 million. It features mostly granite soils, complemented by some areas of basalt country.

For the past 15 years, Runnymede has been running 600 breeders; however, Nutrien Harcourts agent Joel Fleming said numbers could be lifted with additional improved pastures, fertiliser and the expansion of supplementary crops.

“Runnymede is a well-maintained, productive property with the hard work done.

“The entire property is supered annually with single super and over sown with clover (with the exception of 2019),” he said.

“Around 400ha are sown to premier digit tropical pasture, ensuring optimal grazing year-round.”

Runneymede has 33 dams — eight are spring-fed — in a 750mm to 800mm average annual rainfall region.

The infrastructure includes two cottages, numerous sheds, a five-stand shearing shed, sheep and cattle yards.

Grazing block in southern NSW offers upside

A picturesque grazing block on south-west slopes of New South Wales offering further upside has been listed for sale by Lyn Picker for $6.2 million.

The 1116ha Graham and The Gap are well-located properties near Hovells Creek, halfway between Boorowa and Cowra.

Over the past 45 years, the properties have been managed by two successive generations of women, with Lyn Picker selling to retire.

The country features creek flats to gently undulating land, as well as some steeper hills. The heavy black soils and mostly decomposed granites are growing a substantial body of feed.

In previous years, Graham and The Gap earnt an outstanding reputation for finewool production.

Today, the properties are conservatively stocked with 100 cows and calves, 300 weaner cattle, plus 200 ewes and lambs, but with further development could run much higher numbers.

Kirshner and Mackay Property and Livestock agent Aaron Mackay said the absence of any fertiliser, chemical or pasture improvement made the property suitable for organic grazing and farming, subject to the usual approval process for certification.

The properties are well-watered by the Gap Creek and 26 dams and numerous springs. Infrastructure includes a four-bedroom home, a five-stand shearing shed, steel sheep yards, cattle yards, horse stables and numerous sheds.

Five high rainfall properties offer scale in NSW

 

Five high rainfall grazing properties listed for sale on the renowned Southern Tablelands of New South Wales offer purchasers the opportunity to aggregate or secure them as single holdings.

The neighbouring Clovelly and Rosemont blocks are located in the Crookwell district, close to Goulburn and Canberra, 15 minutes from Hazeldean and another 10 minutes to the adjoining Darlington and Bald Hill.

The three operation hubs have two homes and are capable of running 20,850 Dry Sheep Equivalents.

LAWD agent Col Medway said the assets would suit a range of investors – from entry level families wanting to start their farming journey to experienced managers seeking scale.

Hazeldean

Sydney Channel 7 newsreader Mark Ferguson and his wife Jayne, a non-executive director of Commonwealth Games Australia, have listed their picturesque sheep and cattle property for $8.5m or $10,932/ha.

The 775ha Hazeldean is located 33km from Crookwell and 72km from Canberra and is suited to any combination of store lamb, fine wool and cattle production.

The property was purchased by the couple in 2015 and they have invested significantly in improvements to pastures, fencing and water supply.

They have also upgraded livestock handling facilities and renovated the historic Hazeldean homestead.

Mr Ferguson said it would be tough to say goodbye to the property.

“I have loved the journey over the past 10 years but family priorities change and it is time to hand Hazeldean over to someone new.

“I am very proud of the improvements we have undertaken resulting in a very productive block.”

LAWD’s Col Medway said Hazeldean should appeal to a wide range of buyers, particularly given the improvements to infrastructure and the flexibility of enterprise.

“It provides an ideal add-on enterprise for existing operators outside the Crookwell district who are seeking geographic diversity, or investors looking for a turnkey, hands-off rural investment.”

The property is capable of running 7650 Dry Sheep Equivalents. It has a history of carrying 3000 Merino ewes joined to terminal sires for store lamb production and can run 150 cows on agistment in a weaner production system. The property is currently managed under a long-term contract with no obligation to continue.

Mr Medway said Hazeldean presents a turnkey investment for those seeking management solutions.

The high annual rainfall for the area is 783mm and Hazeldean is also securely watered by 1.3km of double frontage to Phils River and 2.7km of single frontage to Berrells Creek, supported by 25 dams.

Infrastructure includes an historic, fully renovated four-bedroom home, a four-stand shearing shed, steel sheep yards and numerous sheds.

Rosemont

The 826ha Rosemont is a well-appointed livestock breeding and grazing opportunity being sold by the Seaman family for $8.9 million or $10,777/ha.

The property is located 8km from Golspie and 36km from Crookwell and is suited to pasture and

crop production. It is offered with a 5900DSE carrying capacity.

The property is growing improved and native pastures and running a 5200 head self-replacing Merino flock producing 18.5 micron wool, plus 60 cows and progeny.

Rosemont is renowned for its prize-winning fine wools that feature regularly in the Australian Fleece Competition, with the Seamans being the only commercial producers in 21 years to win Grand Champion Fleece against national stud and commercial entries.

The country rises from fertile creek flats through to arable slopes and grazing hillsides and is watered by dams and double frontage to two creeks.

The fit-for-purpose operational improvements to support sheep and cattle enterprises include a four-stand shearing shed, steel sheep and cattle yards, a shed and two silos with 60 tonnes of grain capacity.

Clovelly

Next door to Rosemont is the 408ha Clovelly — a livestock breeding and finishing platform rated to run 3900DSE.

Clovelly is located 5km from Golspie and 25km from Crookwell. It features creek flats rising to arable slopes and grazing hillsides.

The property was developed over 10 years by former NRL chief executive Neil Whittaker and wife Liz, and has been listed for $4.95m or $12,115/ha.

The couple is running a self-replacing Merino flock with ewes joined to Merino rams and a portion of the progeny joined to Border Leicesters for first cross ewe production, that are then joined to Poll Dorsets for prime lambs.

Equally, Clovelly could be converted to a beef enterprise or provide agistment for cattle. Water is supplied by dams and double frontage to the Bolong River and Mianga Creek.

Improvements include a three-bedroom home, 15km of new fencing, a two-stand shearing shed, three sheep yards, numerous sheds and a 30-tonne silo.

Darlington

The adjoining 439ha Darlington and Bald Hill have been listed for $4.5m ($10,251/ha) and operate as a single enterprise running 3400DSE.

The 358ha Darlington is a breeding platform equally suited to cattle or sheep. It is located near Binda, 27km from Crookwell, and has been listed for $3.8m or $10,614/ha.

The country rises from creek flats to arable slopes and grazing hillsides. The granite soils are growing native perennial grass and clover pastures capable of running 2800DSE, with further upside.

It is securely watered by 17 dams and has double frontage to the permanent Diamond Creek.

Infrastructure includes a three-stand shearing shed, two steel sheep yards and two steel cattle yards.

Bald Hill

The adjoining 81ha Bald Hill is rated to run 600DSE and also offers further upside.

In a normal season, the livestock breeding platform has the capacity to support 40 cows and calves in a weaner production system or 335 ewes in a store lamb enterprise.

The block rises to arable slopes and grazing hillsides and is scattered with majestic yellow box trees on a favourable northern aspect.

Bald Hill is listed for sale for $990,000. It has granite soils growing well-fertilised native perennial grass and clover pastures.

It is securely watered by two dams.

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