Weekly Property Reports

Top Queensland and NSW sheep grazing land for sale

Property editor Linda Rowley, February 9, 2024

THIS week’s property review includes a wrap-up of interesting recent listings across the country, including established sheep grazing land in Queensland and New South Wales.

 North-west NSW mixed grazing offers scale

 Hopgood’s offer Moonie’s Mundagai

 Reduced price for well-known southern NSW grazing holding

 Downsize to Qld’s Appletree


North-west NSW mixed grazing offers scale

The large scale, well improved Aberfoyle Aggregation in New South Wales’ far north-west has returned to the market after receiving 200mm of rain this Summer.

The 15,271ha aggregation is located 34km south of Goodooga and 110km north of Brewarrina, and comprises three adjoining holdings – 6744ha Aberfoyle, 5213ha Julievale and 3314ha Pt Leander.

The holding last changed hands in 2018 when a local farming family purchased it from Newcastle-based David and Sue McMaster after 35 years ownership.

The country features Mitchell, coolah, neverfail, blue and Flinders grasses. There are large areas of Winter herbage and bluebush, as well as soft burrs, goatshead, salines, jelly burr and salt bush.

Aberfoyle is conservatively running 1000 sheep and backgrounding 800 steers; however, it has previously run 13,000 sheep and 300 cows or 1500 cows, plus 2000ha cropping sown to cash crops or feed.

Two thirds of operation comprise level black soils, with the remaining third red chocolate soils. Around 2400ha is arable growing winter crops.

The properties are situated in a 400mm rainfall region that receives beneficial flooding to the black country and is dissected by the Birrie River, Yamba and Little Yamba Creeks. This is supported by 44 tanks and troughs fed by piped bore and dam water.

Improvements include two four-bedroom homes, numerous sheds and dwellings, two five-stand shearing sheds, steel sheep and cattle yards, four silos with 822 tonnes of storage and 11km of new exclusion fencing.

The Aberfoyle Aggregation is being offered for sale via expressions of interest closing on March 7. Moree Real Estate agent Terry Adams is handling the sale.

Hopgood’s offer Moonie’s Mundagai

The home of Hopgood Charolais in southern Queensland is being offered for sale by the Hopgood family after eight years ownership.

The 1947ha Mundagai is described as a high capacity grazing enterprise with mixed farming capabilities. It is located on the Weir River, 20km east of the Moonie Crossroads and 109km from Dalby on the Western Downs.

The country features mostly brigalow and belah soils growing Queensland blue, buffel, urochloa and bambasti. The property is exclusion fenced on its eastern and southern boundaries.

Mundagai is watered by seven dams and three sub-artesian bores supplying water to tanks, troughs and turkeys nests.

Improvements include a four-bedroom home, a three-bedroom cottage, new steel cattle yards, a five-stand shearing shed, a shed and workshops.

There are two grain silos with 324 tonnes of storage and a 40t liquid silo.

Mundagai will be auctioned on March 7 by JLL agents Clayton Smith and James Mitchell.

Reduced price for well-known southern NSW grazing holding

The home of the Walwa Merino Stud on New South Wales’ Southern Tablelands has returned to the market with a $13.7 million price tag.

In November last year, the 1046ha Walwa Homestead was offered for sale by Alan McCormick after 37 years for more than $15m.

The property is situated near Gurrundah, 28km north of Gunning. It has had a string of prominent owners, including sheep breeder Sir Walter Merriman and Ros Packer’s parents Dr Stephen and Phyllis Weedon.

Walwa Homestead has a long history of producing wool, lamb and beef. It has a carrying capacity of 8090 dry sheep equivalents or 7.7DSE/ha.

The current sheep enterprise encompasses a self-replacing Merino flock (1616 ewes), first cross ewe flock (500 ewes), merino wethers (800 head), mixed sex hoggets (562 head) plus stud stock comprising 300 merino ewes and 100 Merino rams.

The cattle side of the business runs more than 300 mixed head, including 200 females.

The mostly gently undulating country with rolling hills features red basalt and granite soils with areas of shale. Around 540ha are pasture improved with scope to increase this area by a further 125ha.

Forage cropping has recently been incorporated into the paddock rotations with 43ha of grazing canola and 34ha of oats.

The property is watered by 27 dams, a number of natural watercourses and springs.

Walwa Homestead has 13 turbines which are part of the Gunning Wind Farm, offering a supplementary income from a renewable energy lease that expires in 2038.

Accommodation includes the historic six-bedroom Walwa homestead built in 1913 and two other homes.

New working improvements include a five-stand shearing shed and yards, steel cattle yards, numerous sheds and two 60-tonne silos.

Walwa Homestead is being sold by LAWD in conjunction with Delta Agribusiness.

Downsize to Qld’s Appletree

A lifestyle and grazing property in Queensland’s South Burnett should appeal to producers looking to downsize.

The 234ha Appletree is situated in the Moffatdale winery region and boasts views and frontage to the Bjelke-Petersen Dam.

It sits on three freehold certificates of title, leased land and flood margin lease and offers productive land and soil types growing established pastures.

JLL Agribusiness said the property offers potential natural capital opportunities.

Expressions of interest for Appletree close on February 15.


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