'Green Creek' - on the Warrego at Fords Bridge has sold for $4.6 million setting a district record for grazing country per acre.
More than 3500 people tuned into AuctionsPlus to watch the sale of Green Creek, near Bourke in western New South Wales.
Selling agent David Russell from Landmark said it was a popular auction.
“We did 14 inspections of ‘Green Creek’, issued 63 contracts and 11 had bidders registered with AuctionsPlus on the day,” he said. ‘Green Creek is approximately 28608 acres and has 9 kilometres of Warrego River frontage on the eastern side of the property. Water is the main feature of ‘Green Creek’ with permanent and semi permanent holes in Warrego & Willara and Green Creek system, along with 3 earth dams plus 3 sub-artesian bores, poly storage tanks and concrete troughing.
Mr Russell said there were five strong contenders bidding on the day.
“Bidding started at 4 million and we sold it for 4.6 million. It went well above the seller's expectations. It works out around $161 per acre, which is a district record for grazing country,” he said.
“The buyer is a man from Deniliquin, who has property down there and in Victoria. He will look to move to ‘Green Creek’ in the future.” Mr Russell said he is now preparing a clearing sale at the property which will also be run on AuctionsPlus.