THE sale of the NSW High Country holding Moles Station for $4.4m leads the property review’s latest sales across the country.

• Tightly held NSW High Country sells under the hammer
• Local secures picturesque New England grazing country

Tightly held NSW High Country holding sells under the hammer

First class High Country in south-eastern New South Wales has been sold under the hammer for $4.4 million to a local producer for expansion.

The 1642ha Moles Station near Kybeyan, around 50 minutes south-east of Cooma, was offered for sale by Michael Green and his son Joe after four years of ownership.

The original 2585ha holding, held by the Hains for 85 years, was purchased by the Keating family in 2015 and then sold to the Greens in 2021 – both long term local families.

Moles Station is among a tightly held enclave of productive grazing properties.

Positioned in a high rainfall area, often benefiting from easterly weather systems, the property has an excellent mix of improved land and native vegetation with ample shelter.

Moles Station has 40 percent of open grazing, 35 percent of lightly timbered and 25 percent of densely timbered country running 200 cows and calves and 2500 ewes and lambs.

Over the last six years, pasture improvement has focussed on growing cocksfoot, plantain, white clover, sub clover, strawberry clover and Italian ryegrass. Other areas have been sown down to turnips and oats, as well as mixed pastures, for winter grazing.

Moles Station has 11km of Kybeyan River frontage and is watered by the Mowitts Swamp Creek and 18 dams.

Infrastructure includes a four-bedroom home, a three-stand shearing shed, sheep yards, steel cattle yards, a 42-tonne silo and numerous sheds.

KIRSCHNER MACKAY agent Aaron Mackay handled the sale.

Local secures picturesque New England grazing country

Picturesque New England grazing country, offering potential for development and an off-farm income, has been snapped up by a local for expansion.

Listed by a Brisbane-based businessman after 27 years of ownership, the 1491ha Linwood Aggregation comprises the adjoining 857ha Linwood and 633ha Auburn Vale and is located 25km north-east of Walcha and 65km from Armidale.

Currently operated as a Merino wool growing and breeding property with a herd of Angus breeders for weaner production, there is potential for production to be increased with the development of permanent pastures and fertiliser.

Offered with an 8500DSE estimated carrying capacity, it has been comfortably carrying 6000 mixed sheep and 100 cows and replacement females.

The mostly gently undulating traprock country rises to some steeper basalt hills growing mostly native species, with 180ha cropped to oats.

Situated in the Winterbourne district, there is also potential for off-farm income through the New England REZ (renewable energy zone) and more specifically, the proposed Winterbourne wind project.

Linwood is watered by two bores, four creeks and 53 dams, in a 780mm annual average rainfall region.

Improvements include two homes, a cottage, two three-stand shearing sheds, cattle yards, four sheep yards, grain silos and numerous sheds.

The sale was handled by Nutrien Harcourts agent Bruce Rutherford.