The ‘Oomabah Aggregation’ comprises five adjoining properties totalling 7,210ha of prime cropping and grazing land Pic: Supplied
In this week's property roundup: A large-scale Southern Riverina farming portfolio has hit the market, while timber company OneFortyOne has expanded its footprint with a landmark forestry acquisition. In New England, Glenarvon – a versatile cattle and cropping block – is now for sale, and a 6,359-hectare Brewarrina property with river frontage and strong water security is heading to auction.
Size: 7,200ha
Location: NSW - Southern Riverina
Sale method: Upcoming international EOI campaign
Price Guide: About $60 million
A 7,200ha agricultural portfolio in NSW’s Southern Riverina has been listed for sale on behalf of natural capital investment manager Kilter Rural.
Known as the ‘Oomabah Aggregation’, the holding comprises five adjoining properties totalling 7,210ha of prime cropping and grazing land.
It has price expectations of about $60 million.
Located just three hours from Melbourne and close to the Murray River and the Murray Irrigation Limited network, the portfolio is considered a rare opportunity in one of Australia’s most productive and tightly held farming regions.
Colliers National Director of Agribusiness Duncan McCulloch said the aggregation combined quality land, established infrastructure and development upside.
“The ‘Oomabah Aggregation’ represents a rare opportunity to acquire a large turnkey mixed cropping and grazing enterprise in a tightly held district,” he said.
“It’s strategic location relative to the Murray River and Murray Irrigation Limited (MIL) combined with favourable climatic conditions offers significant potential for further irrigation development.”
The aggregation includes about 484ha of irrigated cropping land, 5,086ha of dryland cropping, and 142ha of grazing, with the remainder comprising remnant vegetation and support land.
“Situated only three hours from Melbourne, the ‘Oomabah Aggregation’ benefits from excellent connectivity via major transport routes and close proximity to key commodity processing facilities,” Mr McCulloch added.
“The Southern Riverina region is renowned for its fertile soils and well-developed irrigation network, making it one of Australia’s most sought-after agricultural regions.”
The enterprise currently operates as a high-performing mixed farming operation with flood and centre pivot irrigation infrastructure already in place. Colliers notes there is strong potential to expand irrigation across the aggregation.
The ‘Oomabah Aggregation’ will be offered for sale in one line or as separate properties through an upcoming International Expression of Interest campaign managed by Colliers’ Duncan McCulloch, Rawdon Briggs, Connor Dixon and Matthew Tolmachoff.
Size: 20,500ha
Location: SA and WA
Price: As much as $3 million
Australian forestry company OneFortyOne has announced a major expansion of its Green Triangle operations, acquiring the Limestone Coast plantation forestry estate previously managed by New Forests.
The acquisition, completed on May 30, 2025, includes about 14,800ha of mixed hardwood and softwood plantations - mainly Bluegum and Radiata Pine - across 20,500ha of freehold land in South Australia and Western Australia.
It increases OneFortyOne’s Australian plantation estate by 15%. While the exact details of the sale have not been disclosed, industry sources say it could be as much as $300 million.
OneFortyOne Chief Executive Officer Wendy Norris said the purchase was the largest Australian investment in forestry of its kind in more than a decade.
“We are thrilled to expand our Green Triangle, Australian plantation forestry estate by 15%, adding close to 15,000ha of plantable area,” Ms Norris said.
New Forests had managed the Limestone Estate since 2014 as part of its Australia New Zealand Forestry Fund 2, with the sale forming part of its broader divestment process.
SFM, the current property manager, will continue overseeing hardwood and carbon-related services across the estate.
“This is a significant acquisition for OneFortyOne and for the future potential of Australian softwood production,” Ms Norris said.
The company views the estate as a long-term investment aimed at securing domestic sawlog supply from the mid-2050s.
“We are planning decades into the future and are focused on supporting our domestic customers by looking at ways to increase supply of sawlog,” Ms Norris said.
“This potential optionality of converting hardwood to softwood plantation estate, from short to long-term tree rotation, could provide additional certainty for domestic sawmill manufacturing and support domestic processing.”
With Australia expected to require more than 250,000 new homes annually by 2050, Ms Norris said plantation forestry would be key to ensuring local supply chains keep up with construction demand.
“We are proud to be making one such decision now that has the potential to support log supply, and inevitably housing construction, in the middle of this century,” Ms Norris said.
Size: 755.7ha
Location: Near Tamworth, NSW
Sale method: Auction at 12pm on July 16
Price Guide: N/A
A premium commercial grazing property in NSW’s renowned New England region is set to go under the hammer in July, offering buyers scale, water security and enterprise flexibility.
The 755.7ha holding, known as ‘Glenarvon’, is located 30 minutes from Tamworth and currently runs about 120 breeding cows and finishing 800 to 1,000 weaners to supermarket weights.
The property, marketed by LAWD, also boasts the infrastructure to support sheep breeding and finishing operations.
LAWD Director Michael Corcoran said ‘Glenarvon’ would suit a variety of buyers, from expanding producers to those looking to spread risk geographically.
“‘Glenarvon’ offers true finishing and breeding capabilities with the ability to finish progeny that it breeds, plus run trade stock,” Mr Corcoran said.
“It is equally well suited to cattle and sheep enterprises and would be ideal for existing landholders seeking expansion opportunities with a finishing block.
“Because it offers scale, buyers interested in seeking a higher rainfall area to spread risk across regions, will find ‘Glenarvon’ a very attractive proposition.”
The property includes around 370ha of arable land and a grazing capacity of 6,900 Dry Sheep Equivalents.
Pastures are well-developed, with 194ha sown to oats this year, 76ha to lucerne, 40ha to rye grass and 29ha to sub-tropical varieties.
Water reliability is a key feature, supported by average annual rainfall of 657mm and three water sources: Currabubula Creek, 19 dams, and a reticulated bore system servicing 31 troughs.
Infrastructure includes a three-bedroom, two-bathroom homestead, shearing quarters, new steel cattle yards, machinery and hay sheds, shearing and sheep yards, six silos, and an agricultural airstrip.
‘Glenarvon’ will be offered by public auction at 12pm on July 16 in the Passchendaele Room, Tamworth War Memorial Town Hall.
Size: 6,359ha
Location: Brewarrina
Sale method:
Price Guide: N/A
A sprawling 6,359ha freehold property on the fertile Narran River floodplain is set to go under the hammer via online platform AuctionsPlus at 1pm on June 24.
Located just 60km northeast of Brewarrina, ‘Narran Park’ offers prime cattle breeding country with grey cracking, self-mulching soils, extensive water infrastructure and quality stock handling facilities.
Schute Bell Brewarrina agent Brian Johnston has the listing.
The property is divided into nine main paddocks, featuring more than 60km of new ringlock fencing with mega posts and a 6km laneway linking the shearing shed and cattle yards.
A 1,214ha area is set aside for cultivation.
Stock water is sourced from the Narran River via a newly installed Grundfos pump and underground piping to 13 troughs, backed by a solar booster pump.
Additional water storage includes seven ground tanks, overhead tanks, five cup and saucers, and a weir with bore backup.
Remote camera monitoring and point-to-point Wi-Fi cover the stock and water systems.
Structural improvements include a three-bedroom home, five-bedroom shearers’ quarters with kitchen and amenities, and several large machinery and storage sheds - including a new 31m x 13.4m Statewide Shed powered by solar.
There’s also a five-stand electric shearing shed with steel yards for 6,000 head and two sets of steel cattle yards holding up to 1,000 head.
With an average annual rainfall of 400mm and expansive open plains of Mitchell Grass, Coolah and Neverfail, the property presents a rare opportunity for large-scale grazing and mixed operations.
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
