Rolfe family’s Maffra North hits market with $8.5 million-plus price guide

Rolfe family’s Maffra North hits market with $8.5 million-plus price guide

Size: 1,385ha

Location: Springfield, NSW

Sale method: Offers to Purchase closing April 1 at 1pm (AEST), unless sold prior.

Price Guide: $8.5 million-plus

A tightly held Monaro grazing property with a price guide of more than $8.5 million has hit the market, marking a rare opportunity to secure large-scale, turnkey country in southern NSW.

Maffra North, a 1,385ha holding in the tightly regarded Springfield district about 39km from Cooma, is being offered for sale by Offers to Purchase closing April 1 at 1pm (AEST), unless sold prior.

Owned and operated by the Rolfe family since 2011, the property was originally part of the historic Maffra Station and had been held by the Osborne family since 1865.

Over the past decade, it has been systematically developed into a predominantly arable, high-performing grazing and fodder enterprise.

Colliers Associate Director Adrienne Harvey said Maffra North was a standout example of what long-term, thoughtful management could achieve.

“The Rolfe family have significantly invested in weed control, pasture improvement and capital works to transform the property into a resilient, highly productive grazing system that is turnkey for the next owner,” she said.

“Substantial investment has gone into fencing, reliable water security, pasture improvement and livestock handling infrastructure, all of which materially have lifted carrying capacity and operational efficiency.

“This is a scale asset with an estimated carrying capacity of 8,200 dry sheep equivalent and the ability to operate immediately, with minimal need for major capital expenditure.”

About 19km of new fencing has been installed and a further 7km upgraded, dividing the holding into 20 paddocks suited to large-scale rotational grazing.

A fully reticulated water system, supplied by a spring-fed solar pump and an 8m bore at the homestead, services the property via multiple storage tanks and concrete troughs.

Modern steel sheep yards with capacity for around 4,000 head were constructed in 2019-20.

Wagga Regional Livestock Principal Isaac Hill said the location and production profile of Maffra North would resonate strongly with both local and buyers from other districts.

“The Springfield district is highly regarded for its cool‐climate grazing, dependable rainfall and basalt‐derived soils, and Maffra North sits right in the heart of that,” he said.

The Rolfe family transitioned to a wether-based production system between 2013 and 2017, achieving average wool cuts of around 6kg per head at about 16 micron.

In 2025, Maffra North finished about 3,000 grown Merino wethers and 2,000 crossbred wether lambs.

“The district has had a great start to the season receiving over 85mm of rain in January,” Mr Hill said.

“It is country that works for wool, finishing or mixed grazing operations, and it’s already set up to handle large mobs efficiently and for buyers looking to scale up or secure a reliable standalone operation in the Monaro, opportunities of this calibre are hard to find.”

US-backed 40 South Dairies snaps up historic Logan for more than $35 million

Size: 2683ha

Location: Evandale, Tasmania

Sale Price: Above $35 million

Historic Tasmanian estate Logan has changed hands after about 18 months on the market, marking a new chapter for one of the Northern Midlands’ most tightly held agricultural assets.

The 2683ha irrigated and dryland cropping and grazing property at Evandale has been acquired by 40 South Dairies, a partnership between the Laguna Bay investment group and Tasmanian dairy farmers the Ker family.

The sale is pending settlement and FIRB approval.

While a price has not been disclosed, the property had price hopes of about $50 million when it was listed in mid-2024. It is believed to have sold for more than $35 million.

Founded in 2018, 40 South Dairies operates a 14,000-cow dairy enterprise in Tasmania’s northwest and plans to develop Logan into its dedicated beef F1 growing area.

Logan was brought to market in August 2024 by the Peltzer family, ending more than 70 years of ownership and a custodianship that dates back to the 1950s.

Prior to that, the estate had been held by only three owners since it was first settled in the early 1800s.

When the property was listed for sale in August 2024, LAWD Senior Director Danny Thomas said properties of this scale rarely came to market in the tightly held Evandale district.

“Logan has only had three owners since it was first settled in the early 1800s and the Peltzer family, who have been custodians since 1950s, have developed it into a very successful and progressive prime lamb operation,” Mr Thomas said.

“Given Logan’s highly secure water, fertile soils and excellent climatic conditions, the property could lend itself to a broad spectrum of agricultural pursuits including intensive cropping, horticulture, grazing and dairying.”

At the time of listing, the blue-ribbon holding featured 602ha of centre pivot irrigation, 2200ML of catchment dam capacity and a further 600ML water licence, alongside a gravity-fed irrigation system designed to maximise efficiency.

Under the Peltzers, irrigated white clover and brassicas supported a high-performance composite prime lamb flock, with pasture-fed lamb marketed nationally.

In 2021, the family had also installed the first Perkinz ShearMaster shearing shed in Australia, a New Zealand product designed as a race system that delivers sheep to the shearer, rather than the backbreaking tradition of shearers physically moving sheep to their stands.

Other infrastructure includes 240* tonne of silo storage, a 70* tonne fertiliser bunker,and a large 10-bay Zincalume shed with concrete floor.

The estate’s circa-1880s homestead, framed by a traditional English garden and a grand avenue of 130 oak trees more than a century old, remains one of northern Tasmania’s most recognisable rural landmarks.

Rare self-sufficient estate Coombadjha Creek hits the market in northern NSW

Size: 1,922ha

Location: Grafton, NSW

Sale method: Expression of Interest closing May 7 at 12pm (AEDT)

Price Guide: N/A

One of Australia’s most unique rural holdings has been listed for sale in northern NSW, with the 1,922ha Coombadjha Creek coming to market after a decade-long transformation into a large-scale, self-reliant estate.

Located 8km north-east of Grafton and bordered by Washpool National Park, the mountain valley property was assembled and developed by Queensland-born entrepreneur Judd Armstrong.

He began shaping the estate about 10 years ago with a clear objective: to create a property capable of sustaining independent living across food, water, energy, fuel and communications.

“For those of us who are entrepreneurs, who run businesses, who are self-employed, we understand the need for planning for future contingencies. And we need to apply that to our life as well,” Mr Armstrong said.

“I think society nowadays has been growing more dependent on the services, on government, on grocery stores, on fuel stations.

“You go back one or two generations, it wasn't like that.

“There was a lot more independence going on. People had vegetable gardens, people had lands, people had their own resources, tangible assets.

“But nowadays, we're just focused on those numbers in the bank account and it's easy to get sidetracked and we learnt with COVID that things can change incredibly fast.

“This project was already in place several years before COVID, and even we were taken aback by how important it proved to be. We simply wouldn’t have been able to pivot when circumstances changed without this property.

“We just were fortunate that if COVID were to have developed into something more serious then we would have been totally fine and that's the beauty of it.”

Set in a high-rainfall catchment receiving more than 1,200mm annually, Coombadjha Creek has 11km of creek frontage feeding gravity systems, spring-fed dams and bores.

Under typical seasons it supports 350–400 cows and calves or about 600 steers, with renewed fencing, new cattle yards completed in 2024 and irrigation proven for zucchini production supplying major supermarkets.

Extensive solar infrastructure, twin 9 kVA diesel generators, advanced fuel storage systems and a solar-powered repeater communications tower underpin the property’s operational resilience.

After a change in personal circumstances, Mr Armstrong has decided to sell.

“It’s a really special opportunity that you don't come across very often,” he said.

“To have a place that's been curated and proven so well, but also to be in a place of seclusion with a national park right next door, your own little valley, and the creek runs all the way through from start to finish of your property. It just brings a lot of peace of mind.

“It's all been done and curated for you. You're walking in pretty much with your toothbrush.”

Selling agent LAWD director George Barton described the offering as highly distinctive.

“Coombadjha Creek is not just a quality agricultural asset in a beautiful landscape, it’s an extraordinary opportunity for buyers who value long-term security without isolation, independence without compromise, and who want to be prepared rather than reactive,” Mr Barton said.

“While it performs strongly on traditional agribusiness metrics, Coombadjha Creek is a remarkable example of what can be achieved when all scenarios are considered and planned for.

“Even though the current owners have prioritised privacy, the property offers significant potential for low-impact eco-tourism and camping thanks to its location near the World Heritage-listed trails of Washpool and Gibraltar National Parks.

“We expect to see global interest from high-net-worth individuals, high-end tourism operators, or even celebrities seeking a haven to retreat to.”

Coombadjha Creek is for sale by Expression of Interest closing May 7 at 12pm (AEDT).

Gorge Creek Station changes hands in large-scale walk-in, walk-out breeder deal

Size: 43,500ha

Location: Hughenden district, QLD

Sale price: Not disclosed

A 43,500ha northern Queensland breeder property has changed hands in a walk-in, walk-out deal including about 2,000 head of cattle, marking one of the larger recent transactions in the Hughenden district.

Gorge Creek Station, located 220km north of Hughenden and adjoining Blackbraes National Park, was sold after 24 years of ownership by Brett Wehl.

The property was purchased by a south-east Queensland producer seeking additional scale to relocate and expand their operation.

Offered with a carrying capacity of 3,000 adult equivalents, Gorge Creek was marketed as a large-scale forest grazing and breeding operation with scope for further development.

Situated in an 812mm average annual rainfall district, the leasehold holding is watered by numerous dams and springs, as well as eight bores, most equipped with solar pumps.

The country is grassed with predominantly native species, complemented by a strong presence of Seca stylo and Wynne cassia.

“Given the abundance of water, it lends itself to further development and possible increased carrying capacity, which is currently estimated to be 3,000 breeders,” the listing description said.

“Two thousand acres has been previously cultivated (now has regrowth) and could potentially be used to grow hay annually.”

Infrastructure included a steel and timber cattle yard complex capable of handling 1,200 head, a large machinery shed, lick and feed storage, and an older three-bedroom home with solar power.

The property is fenced into six main paddocks and three holding paddocks, and also features an 800m airstrip requiring maintenance.

The property was sold with about 1,900 branded females and followers, along with some plant, and has also been identified as having renewable energy potential, with negotiations previously underway with interested parties.

TopX selling agent Brett Christie handled the sale.

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.