Each week, we take the pulse of rural property, from sales data to who’s making headlines. Check out this week's report from Kylie Dulhunty.
Size: 3,120.92ha
Location: Llanarth, QLD
Sale method: Expressions of Interest closing September 19.
Price Guide: N/A
A rare Central Queensland aggregation boasting one of the most reliable water supplies in the region has been listed for sale, with agents calling it a standout opportunity for both grazing and cropping enterprises.
Belyando Junction, a 3,120.92ha freehold property located at 958 Mount Hope Road, Llanarth, is about 180km north of Clermont, offers more than 10km of river frontage where the Belyando and Suttor Rivers meet.
The junction delivers access to more than 7,000ML of water licences, backed by a 97% reliability rate from a 129,700sq km catchment.
Queensland Rural agent Troy Trevor said the property’s water security set it apart.
"It's unique because of the water reliability there,” he said.
“There's access to over 7,000ML of water. It's basically guaranteed because there's two river sources that meet there. I don't believe it's ever not had its allocation available.”
The holding features a 2,200ML main storage dam, plus additional capacity from the Anabranch Weir and Suttor Weir.
About 178ha is flood-irrigated, with soils suited to a variety of crops, with cotton and chickpeas being grown in the past.
Mr Trevor said Belyando Junction could run about 800 head of cattle and had a proven track record across multiple agricultural pursuits.
"Somebody could complement their existing cattle station with a bit of farming there to finish cattle or grow hay or grains for their existing property or as a standalone job," he said.
Grazing is supported by six large paddocks, steel cattle yards with vet crush, and productive pasture species including Buffel, Flinders, Indian Couch and Urochloa.
Infrastructure includes a seven-bedroom, two-bathroom Federation-style Queenslander homestead with panoramic views, a two-bedroom self-contained unit, and a 360sq m machinery shed.
Well-positioned for access to livestock markets, abattoirs, the Port of Townsville, cotton gins in Emerald and grain facilities in the Central Highlands, the property also offers potential for carbon farming and water storage to support regional industries.
Belyando Junction is being offered for sale via Expressions of Interest closing September 19.
Size: 10,089ha
Location: Ivanhoe, NSW
Sale method: Online auction via AuctionsPlus on August 15 at 11am (AEST)
Price Guide: About $6.7 million to $7.4 million
A tightly held Western Division grazing property with a 60-year legacy of careful land management is set to go under the hammer on Friday, offering a rare chance to secure highly productive Willandra flood-out country.
‘Disalie’, a 10,089ha (24,923 acres) holding between Ivanhoe and Hillston, will be auctioned online via AuctionsPlus on August 15 at 11am (AEST) through Nutrien Harcourts Deniliquin.
Agent Geoff McDougall said properties of this calibre in the Willandra flood-out area rarely come to market.
“Not too many properties come up on what you call the Willandra flood-out country,” he said.
“There’s not too many places that come up in that area. This has been owned by the one owner, I think he’s 75 now, and he was there when he was 15. So 60 years.”
Mr McDougall said he hoped the property would sell for between $270 and $300 per acre or about $6.7 million to $7.4 million.
Renowned for its perennial saltbush, productive pastures and native grasses, ‘Disalie’ has been conservatively managed to ensure long-term pasture health and resilience.
The mostly open country is well-suited for sheep production, with potential for beef breeding or trading, plus supplementary rangeland goat income.
“What also makes it fairly unique is it’s mostly open country, no scrub really, other than there’s a few localised swamps there that grow a lot of feed as well and have shelter belts,” Mr McDougall said.
The property is divided into six paddocks, with steel sheep yards, portable cattle yards, a four-stand shearing shed and six-bedroom shearers’ quarters.
Water security is a standout feature, with bores, dams and a pipeline system.
“There’s three bores that are 60m deep, so there’s good water,” Mr McDougall said.
“That’s another good selling point of it, the Willandra aquifer is a good aquifer to be in.”
With minimal overheads, proven production and decades of stewardship, ‘Disalie’ offers a rare combination of scale, capacity and location in one of NSW’s most tightly held grazing regions.
Size: 23,800ha
Location: Basalt region, NTH QLD
Sale price: $35.5 million
A prized slice of North Queensland grazing country has changed hands for $35.5 million, in one of the region’s standout rural property transactions of 2025.
The 23,800ha Glencoe Station, 150km northwest of Charters Towers in the Basalt region, was sold at auction by the Knuth family after 27 years of ownership.
Six bidders contested the sale before North Queensland cattle producer Rhett Camm, of Lolworth Station at Pentland, secured the property under the Triple C Beef banner.
The deal includes 5000 quality Brahman cattle and a station with an estimated carrying capacity of 6000 adult equivalents.
The country features volcanic red soils rolling into black soil plains, supporting pastures such as Queensland blue, curly Mitchell, black spear and green couch grasses, alongside productive annuals.
Infrastructure comprises a five-bedroom homestead, additional staff quarters, three cattle yards, seven sheds, a centre pivot irrigation system, and sparkling spring-fed creeks sourced from four permanent and one semi-permanent spring.
Agents Matthew Geaney, Jim Geaney and Liam Kirkwood from Ray White Geaney Kirkwood said Glencoe had bred and finished cattle but was also suitable for dry stock.
For the Camm family, Glencoe adds to a growing portfolio that includes the 5,492ha Palari property near Nebo, purchased for $16 million in 2022.
Grain Producers Australia (GPA) has called for urgent reform of foreign investment rules after a US-based organisation spent almost $500 million buying four major Australian farming properties in less than a year – all without scrutiny from the Foreign Investment Review Board (FIRB).
The acquisitions were made by Farmland Reserve, the investment arm of the Church of Jesus Christ of Latter-day Saints, which is exempt from FIRB review under a $1.46 billion threshold for US investors set in the 2004 Australia–United States Free Trade Agreement.
Other foreign investors face a cumulative cap of $15 million.
The properties acquired include the Worral Creek Aggregation, North Star Aggregation, Kentucky Farms and the Carnarvon Aggregation.
Worrall Creek Aggregation. Pic: Supplied
GPA Chief Executive Colin Bettles this week said recent media reports had raised serious questions about widening loopholes in Australia’s foreign investment rules, and whether the rules governing local farmland purchases by foreign entities were fit-for-purpose, or needed to be overhauled.
“These matters need to be thoroughly examined, and properly addressed, to prevent irreversible impacts and safeguard the national interest, and future economic productivity, led by Australian farmers,” he said.
“If this farmland was being purchased at the same rapid rate and volume by a company from any other nation, effectively acting as a multinational corporation, with significant purchasing power – thanks to major tax advantages afforded by its country of origin – it’d be front-page news in every national publication.
“Given it’s a US-based company, the Foreign Investment Review Board has applied zero scrutiny to this $500 million purchasing spree – despite public outrage over Donald Trump’s escalating war on tariffs.
“We need to properly and transparently examine these issues, in the current context. FIRB needs to be adequately resourced and empowered, to provide accurate advice to the Federal Treasurer on these matters, to ensure we can properly protect Australia’s national interest and safeguard our food producing sovereignty.”
Mr Bettles said the House of Representatives Standing Committee on Primary Industries was a credible option for such an inquiry, or the Senate Standing Committees on Rural and Regional Affairs and Transport.
He said GPA would make formal requests to federal representatives for such an examination, with broader future food security issues potentially part of any inquiry considerations.
“Such an inquiry will ensure all stakeholders can submit their concerns, in gathering evidence to thoroughly evaluate these matters, and ultimately make informed recommendations, on appropriate reforms,” he said.
“If the FIRB national interest test isn’t fit-for-purpose, and risks our sovereignty, while putting our farmers at a competitive disadvantage, then it needs to be urgently updated and modernised, before it’s too late.
“Half a billion dollars in farmland acquisitions in six months, with zero FIRB scrutiny, doesn’t really pass the pub test, especially if the US government has provided this company with significant tax advantages, for an apparent charitable purpose.
“It is totally unacceptable that a foreign entity, emboldened by these significant tax breaks, should be allowed to accumulate significant volumes of Australian farmland and potentially cannibalise our food producing capacity.”
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.