In this week's rural property update: Kylie Dulhunty looks at what's sold and what's hit the market in rural property.
Size: 8282ha
Location: Barcaldine, QLD
Sale price: More than $12 million
A major central west Queensland grazing holding has changed hands in an eight-figure deal, with the sale setting a new district benchmark on a per hectare basis.
The 8282ha Saltern Creek, located 22km northwest of Barcaldine, has been acquired by a local family buyer for more than $12 million, including some plant and equipment.
The transaction equates to about $1490 a hectare, understood to be a record result for open downs country in the Barcaldine region.
The property was sold by the Burton family, bringing to an end more than 15 years of ownership after being acquired in 2010.
It was offered to the market via an expressions of interest campaign before being secured by the Hicks family of nearby Woura Park Pastoral at Clermont, further expanding their footprint in the region.
Saltern Creek has been operated as a mixed grazing enterprise, running cattle, Dorper sheep and goats in managed herds.
The exclusion-fenced holding spans open black soil downs through to lightly shaded downs country, with areas of developed gidyea.
Regenerative management practices have supported productive pastures across the property, including buffel and Mitchell grass, alongside native millet, Flinders grass and seasonal herbages.
Carrying capacity is estimated at about 1500 adult cattle equivalents.
Water security is underpinned by an equipped artesian bore supplying 14 tanks and 33 troughs, while the property is divided into 10 main paddocks and three holding paddocks, supported by a laneway system.
Infrastructure includes well-appointed cattle yards with a covered crush, calf cradle and race, along with sheep and goat yards featuring a three-way draft system and bulk handling facilities.
The result surpasses the recent sale of the neighbouring Culburnie holding, which transacted for $11 million, or $1332 a hectare, in October last year.
Size: 433 James Track is 337ha. 5053 Castlereagh Highway, Capertee is 40.46ha.
Location: Inman Valley and Capertee Valley
Sale method: Private treaty
Price guide: $10 million and $1.75 million to $1.95 million
A rare large-scale grazing opportunity in South Australia’s tightly held Fleurieu Peninsula has been brought to market with a $10 million price guide, leading a pair of rural listings that highlight strong demand for both productive farmland and lifestyle holdings.
Known as ‘Coorabong’ and ‘Kemmiss Hill’, the dual-holding aggregation at 433 James Track, Inman Valley spans 337ha (832 acres) across five freehold titles.
The offering combines operational scale with established productivity in one of the region’s most sought-after agricultural districts.
Raine & Horne Rural South Australia Principal Paul Clifford said the property represented a compelling opportunity for buyers seeking a proven, high-performing enterprise with long-term upside.
Set across gently undulating country rising to elevated grazing hills, the holding captures sweeping rural and coastal outlooks.
The enterprise is well developed, with recent investment allowing an incoming owner to immediately capitalise on its production base.
Carrying capacity is estimated at about 400 breeding cows plus progeny, with additional scope for hay and silage production across selected paddocks.
About 91ha (225 acres) are currently cut annually, with room for further expansion.
Water security is a key feature, supported by reliable annual rainfall of 750–775mm and a comprehensive system of 22 dams, several of which are spring-fed.
These supply stock and domestic water via direct access and gravity-fed trough networks across the property.
The listing also includes a refurbished four-bedroom residence, extensive shedding, cattle yards, and a well-planned paddock and laneway system designed for efficient livestock management.
In NSW, a landmark lifestyle property with deep commercial roots has also been listed, marking its first offering in more than 50 years.
Located at 5053 Castlereagh Highway in the Capertee Valley, the 40.46ha (100 acres) holding is the original site of the Kadisha Herb Farm and has been held by the Katter family since it was established in 1974.
“It’s rare for a property of this significance to the local business community to come to market, especially one held in the same family since 1974,” Raine & Horne Gulgong / Kandos Principal Nicole Stearman said.
“Kadisha was the original paddock to plate operation – a commercial enterprise centred on sustainable horticulture before sustainability was in fashion.”
Less than two hours from Sydney’s edge, the property features a substantial two-storey, double-brick homestead alongside extensive infrastructure, including machinery sheds, a 20m x 32m hay shed, greenhouse, potting shed, meat house, shearing shed and stables.
Water supply is secured via a bore, dams and about 150,000L of rainwater storage.
The property is expected to attract interest in the $1.75 million to $1.95 million range.
Together, the listings reflect renewed momentum across the rural property market, with buyers pursuing both scale-driven agricultural assets and lifestyle opportunities within reach of major population centres.
Size: 471ha
Location: 103 Kellys Road Longford VIC
Sale method: EOI closing May 27 at 4pm (AEST)
Price guide: About $12 million
A landmark Gippsland cattle property with deep ties to one of Australia’s most recognised seedstock operations has been brought to market, with expectations it will achieve about $12 million.
The 471ha holding, known as Tanjil, is being offered for sale by Mawarra Genetics as the business shifts part of its operations to southern NSW.
Located at Longford, about 16km southwest of Sale, the property has been in the Sykes family for more than 60 years and has served as the foundation of their internationally regarded Hereford and Angus stud enterprise.
The sale follows Mawarra Genetics’ recent acquisition of the 371ha Moorak property at Holbrook, which was purchased for $10 million in November last year.
Mawarra will retain a presence in Gippsland through its 475ha Traralgon East farm.
Tanjil is being marketed via an expressions of interest campaign closing May 27 at 4pm (AEST), with Elders Real Estate agents Nick Myer, Ben Townsend and Greg Tuckett handling the sale.
The property is widely regarded as one of the region’s most notable livestock assets, with an estimated carrying capacity of 12,000 dry sheep equivalent.
Positioned on the edge of the Latrobe Valley, it combines scale with strong productivity, underpinned by alluvial red gum river flats and extensive frontage to the Latrobe River.
Water security is a key feature, including a 170ML entitlement and 88ha under modern centre pivot irrigation.
Infrastructure across the holding is extensive, with two well-appointed residences, a purpose-built stud complex and sale barn, undercover cattle yards with 200-head capacity, and significant machinery and hay shedding, supporting a highly efficient livestock operation.
Size: 12,949ha
Location: North Bourke, NSW
Sale method: AuctionsPlus auction on May 7 at 12pm (AEST).
Price guide: N/A
A western NSW grazing holding with rare Darling River frontage has been brought to market, offering buyers a substantial landholding with water security in a tightly held region.
‘The Lagoon’, at 1632 West Culgoa Road, North Bourke, spans 12,949ha and is being offered via an online AuctionsPlus auction on May 7 at 12pm (AEST).
Selling agents Shane Russell and Cameron McIvor of Schute Bell Badgery Lumby said the property presented as a well-known grazing block with a mix of open and semi-open country suited to livestock production.
“Properties with Darling River frontage, with reliable water, don't come up very often,” Mr Russell said.
The aggregation includes about 26km of river frontage, supported by a 300ML river licence, with water infrastructure allowing distribution across the holding via a turkey’s nest and trough system, along with six ground tanks.
Country ranges from level to gently sloping, with predominantly cracking clay soils complemented by areas of red loam and lighter country.
Native pastures include Mitchell and Flinders grasses alongside bluebush and other established species, supporting a carrying capacity of up to 5,000 dry sheep equivalents, according to the vendor.
Improvements across the property include a four-bedroom homestead, a secondary cottage, a five-stand woolshed and associated sheep handling infrastructure, along with shedding and workshop facilities.
Mr Russell said the scale of the holding, combined with its water access and proximity to Bourke’s services, positions it as a practical grazing operation with additional potential for recreational or eco-tourism pursuits.
Kylie Dulhunty is a journalist with more than 20 years experience covering everything from court to health. Today, Kylie loves nothing more than turning market trends, industry insights and epic property sales - residential, rural and commercial - into captivating stories.
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