THIS week’s property review includes a wrap up of recent offerings and completed sales across New South Wales and Queensland.

 Yarrowitch’s Jamberoo passes in at auction

 Grimwade and Gordon holding placed under contract

 Qld producer secures Tamworth’s versatile Bywondah

Yarrowitch’s Jamberoo passes in at auction

Meares and Associates are negotiating with numerous parties after Jamberoo in northern New South Wales was passed in at auction for $27.5 million.

The 2051ha of backgrounding and finishing country is located on the top of the Great Dividing Range, 15km from Yarrowitch and 65km from Walcha.

Agent Sam Meares said Jamberoo, which attracted interest mostly from local and Queensland producers, is now offered for private sale.

This year, the property has experienced an excellent season following more than 760mm of rain and is carrying a heavy body (around 1400ha) of high performance pasture-based feed.

The property has been owned by the Williams family since 2017.  It is spread across three (accessible) valleys and the vendors have also installed more than 50km of new fencing and laneways and undertaken an annual top-dressing schedule that equates to over 1.2 tonnes per hectare.

Jamberoo is rated to run more than 25,000DSE or 1400 breeding cows or background 3000 to 4500 steers.

Water is provided by an equipped bore, permanent springs, Warnes River frontage, double frontage to three main creek systems and around 60 spring-fed dams.

Infrastructure includes two three-bedroom homes, two steel cattle yards and a machinery shed complex.

Grimwade and Gordon holding placed under contract

The Grimwade and Gordon property Oinmurra in south-west Queensland has been placed under contract prior to auction.

The 12,053ha are fully exclusion fenced and located in the Balonne region, 40km north-west of Dirranbandi and 70km south-west of St George.

Elders agent Phillip Kelly was unable to disclose the price paid or the purchaser, but they are believed to be an interstate producer.

Oinmurra has been running core small stock mobs with significant numbers of agistment cattle. As a livestock operation, it can run around 2000 Adult Equivalents.

It offers flat red soils with productive buffel grass pastures and some brigalow melon hole country with beneficial mulga.

An artesian controlled flowing bore feeds two dams and seven tanks that connect to 31 watering troughs across the property.

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

Meantime, the other G&G asset, Cashmere West will be auctioned on May 30 after several interested parties were unable to inspect following the recent rain and flood events.

The 11,906ha Cashmere West, 37km north-west of St George, is a turnkey operation rated to run 2295AE on what is described as first class, high performing buffel grass grazing country.

Qld producer secures Tamworth’s versatile Bywondah

In the New England region of New South Wales, a mixed farming asset used for grazing and irrigated fodder cropping has sold after auction to a Queensland producer for more than $6 million.

The 1551ha Bywondah is located in the Dungowan Valley, 42km from Tamworth, with the sale ending more than 50 years of ownership by the Haworth family.

The country ranges from alluvial creek flats to undulating open and plateaued grazing, with the red and brown basalt soils suitable for growing improved pastures, fodder and hay production.

Previously, Bywondah operated as a prime lamb enterprise alongside fodder cropping, with an estimated carrying capacity of 5000 Dry Sheep Equivalent or 350 cows and calves.

Around 63ha are developed for irrigated fodder cropping that produces around 1250 bales a year. During the winter months, lucerne is grazed and used for finishing lambs.

The 1487ha balance of native pastures is used for grazing – although most of the property is currently destocked.

With 2.7km of Dungowan Creek frontage, the property is watered by 33 dams, 279ML of water allocations, the seasonal Mulla and Cooee Creeks, as well as access to the Dungowan Pipeline.

Infrastructure includes a five-bedroom home, a three-bedroom cabin, numerous sheds, a three-stand shearing shed, steel cattle yards and two sheep yards.

LAWD agents Daniel McCulloch and George Berry handled the sale of Bywondah.