Property

Kalua sale among latest market action in NSW

Linda Rowley June 28, 2024

Mandula and Berangwee in the Upper Horton region of northern NSW are for sale. Photo: Ray White Rural

 

MID-WINTER is proving an active time for the New South Wales property market in terms of sales and listings.

Kalua in the Pallamallawa district and Tuwinga on the Liverpool Plains have both sold locally, and latest listings include Glen Alpine Station at Werris Creek, Mandula and Berangwee at Barraba, and Merriwee at Coonamble

Kalua

A neighbour has paid $13.6 million for a productive dryland cropping operation in northern NSW.

The 809ha Kalua, 10km north of Pallamallawa and 42km north-east of Moree, was sold by Alistair and Penny Jones after 120 years of family ownership.

The $16,811/ha sale price, which included 597ha of barley and 155ha of faba beans, exceeded expectations.

Farming country in the Pallamallawa district is tightly held and was anticipated to make $12,500-$15,000 an arable hectare.

Pallamallawa property Kalua has sold locally for $16,811/ha including crop. Photo: Moree Real Estate

Boasting self-mulching clay soils suited to both summer and winter crops, around 752ha is currently farmed to barley and faba beans.

During crop fallows, zero-till practices are maintained to provide full groundcover.

For the past 10 years, a strategic weed plan has been effectively managing difficult to control weeds, in particular barnyard grass and feathertop Rhodes grass.

Kalua has double frontage to Creamin Creek, and is watered by a bore and two dams.

Infrastructure includes a four-bedroom home, sheep yards, a storage shed and 80 tonnes of grain storage.

The sale of Kalua was handled by Moree Real Estate agent Paul Kelly.

Tuwinga

Tamalie Farms has paid $17.3M to expand its farming operations on the south-western edge of the renowned Liverpool Plains of northern NSW.

It has secured the adjoining 2287ha Tuwinga, a cropping and cattle enterprise near Bundella, halfway between Quirindi and Gunnedah.

During its six-year ownership, a Chinese family trading as Mooney Pastoral has run Tuwinga as a cattle-breeding and trading enterprise, together with a summer and winter-crop operation.

Around 60 percent of the property is deemed arable and grows wheat, canola and sorghum.

The country features alluvial creek flats to contoured farming slopes, rising to undulating hills and steeper range country associated with Moores Mountain.

During the marketing campaign, Elders agent Ben Green said the fertile black self-mulching soils, sloping topography, contour bank system, the 500m to 600m elevation and a north-easterly aspect combine to provide soft growing conditions, excellent drainage, and versatility in crop management.

Tuwinga is watered by an 8.2km Tamalie Creek frontage, four equipped bores, and several unequipped bores and wells supplemented by dams and spring-fed gullies.

Infrastructure includes two four-bedroom homes, a workers’ cottage, numerous sheds, a five-stand shearing shed, and steel cattle and sheep yards.

Glen Alpine Station

An exceptionally well-appointed mixed cropping and grazing holding has been listed for sale on the eastern fringe of the Liverpool Plains.

Located in a picturesque and secluded valley, the historic 3855ha Glen Alpine Station is 6km from Werris Creek.

It is one of the largest contiguous land holdings close to Tamworth, 50km away, as well as feedlots, abattoirs and grain-receival depots.

Glen Alpine was one of a number of properties purchased by Alexander Amos in the 1880s.

In 1886, he built a gracious homestead designed by Canadian-born Australian architect John Horbury Hunt which was burnt to the ground in 2014.

The property lends itself to a variety of mixed-farming pursuits, with the vendors breeding, backgrounding and finishing cattle on native perennial pastures and legumes.

Around 1214ha is arable, and grows winter, summer and forage crops on heavy black basalt soils and brown, black-brown and red-brown earths; the 2024 dryland cropping program includes wheat and oats.

The property is watered by six bores, the semi-permanent Werris and Chinamen’s Creeks and a number of dams, supported by a 700mm annual average rainfall.

Infrastructure includes four homes, numerous sheds, cattle and sheep yards, a two-stand shearing shed, a fertiliser bunker and silos.

Glen Alpine Station is being offered by expressions of interest closing July 25.

Rural Sales Australia agent Patrick Hurley and Davidson Cameron and Co agent Simon Burke are handling the sale.

Mandula and Berangwee

Also in northern NSW, Charlie and Cloey Cordingley have listed their high-performance grazing and farming country near Upper Horton.

The 1415ha Mandula and Berangwee Aggregation is located 35km from Barraba and 120km from Tamworth, close to a number of abattoirs, feedlots and saleyards.

Aggregated over 20 years, the couple is returning to the family property Lorelmo, south of Walcha.

A long growing season coupled with highly arable terrain underpin cropping, hay and intensive grazing production.

Fertile soils range from alluvial river flats to heavy dark and grey loams capable of growing barley and winter cereals.

Estimated to run 16,000DSE, the Cordingleys have elected to background and finish F1 Wagyus and trade lambs.

Ray White Rural agents agent Andrew Starr said Mandula and Berangwee have benefitted from a strong autumn rainfall.

“On the back of an improved pasture and cropping regime, there is abundant high-quality feed on offer,” Mr Starr said.

During their ownership, Mr Starr said the owners have focussed on productivity and sustainability.

“Management practices such as cover, pasture and multi-species crops and pastures have been used to improve soil-organic matter.

“Their commitment to rotational grazing – using days of pasture spelling to reduce overgrazing, promoting groundcover and longevity of pastures – has been hugely successful.”

Positioned east of Mount Kaputar and the Nandewar Ranges, the property receives a reliable 870mm of annual rainfall.

Water is also sourced from four equipped bores, several dams, the Horton River, and two creeks.

Improvements include a five-bedroom home on Mandula and a three-bedroom cottage on Berangwee, steel cattle and sheep yards, numerous sheds and 160t of grain storage.

The Mandula-Berangwee Aggregation will be auctioned on August 2.

Merriwee

After two years of ownership, Bowral-based Jim and Christine Norrie are selling their highly productive year-round farming and grazing country on the central west plains of NSW.

The 1751ha Merriwee is situated 52km north of Coonamble and 200km north of Dubbo in the Wingadee area, regarded for its cropping and finishing ability.

The Norries are selling the property to allow them to focus on their other business interests.

Suited to cereal cropping, pasture, sheep, wool, lamb and cattle production, around 906ha is arable, with 243ha sown to wheat.

Previously, Merriwee ran a mixed-farming program of Merino sheep, cropping and the additional trading of cattle.

Under the Norries’ ownership, the current operation has focused on cattle breeding and finishing and cropping.

Elders agent Richard Gemmell was unable to disclose a price guide, but said mixed-farming country in the region is making $1100-$1300/acre.

“Merriwee is experiencing great seasonal conditions and is attracting good local interest,” Mr Gemmell said.

It offers an opportunity to further develop the cropping area.”

The country consists of mostly grey self-mulching and deep red loams with areas of beneficial flood country running into some heavy black soils.

Grazing paddocks are lightly timbered and growing winter herbage, clovers, medics and crowfoot.

Summer grasses include Mitchell, button and windmill.

The property is watered by an artesian bore and dams.

Infrastructure includes a four-bedroom home, numerous sheds, a four-stand shearing shed, steel sheep and cattle yards and 440t of grain storage.

Merriwee will be auctioned on August 2.

 

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