Edgeroi property Stranraer has sold locally. Photo: Nutrien Harcourts

NEIGHBOURS have bought Stranraer at Edgeroi, while in Western Australia, Terara in the Mid West has gone the same way, Connamara at Frankland River has listed, and Hallsyard at Cranbrook has been leased for now.

Stranraer, NSW

Two neighbouring families have paid $16.4 million, or $16,025/ha, for prime farming land on the Edgeroi Plain in New South Wales’ north-west.

The 1024ha Stranraer is situated between Edgeroi and Bellata and 43km north-west of Narrabri.

Nutrien Harcourts agent Paul Thomas said there were four registered bidders, with two active on the day.

“Straenar sold under the hammer and will be farmed by a syndicate of two long-established families who adjoin the property.”

During the marketing campaign, Stranraer was described as a consistent performer, boasting soft open farming country in a highly regarded area.

More than 90 percent is arable and comprises open fertile black and grey self-mulching vertisol soils – ideal summer and winter cropping country, with 938ha currently farmed on minimum tillage.

Water is supplied by an equipped bore and a dam.

The infrastructure is described as excellent and includes a four-bedroom home, a shearing shed, numerous sheds, 1900 tonnes of silo storage, and steel cattle yards.

For the past 30 years, Stranraer was owned by Robert and Carol Horne who are downsizing to the Upper Hunter to be closer to family.

Terara, WA

The 2460ha Terara in WA’s Mid West has been purchased by two locals for expansion.

The farm is located near Ogilvie, 35km from Northampton and 80km from Geraldton and was offloaded by an overseas owner after reaching the end of an investment cycle.

LAWD agent Simon Wilkinson was unable to disclose the buyers or the price paid; however, during the marketing campaign, the property was anticipated to make more than $5M.

The property is close to CBH sites at Geraldton, Binnu, Moonyoonooka, and Northampton.

Terara covers 2460ha in the Geraldton Zone’s Northampton district. Photo: LAWD

Around 2312ha is described as arable, with the productive red sandy loam and deep yellow sands producing high-yielding crops, including wheat and canola.

Terara is securely watered by bores supplying multiple holding tanks for spray and livestock purposes, in a 340mm average annual rainfall region.

Infrastructure includes a home, a four-stand shearing shed, steel sheep yards, numerous sheds and grain silos.

Connamara, WA

Bill and Gillian Morey are seeking $13M for their mixed farm near Frankland River.

Located 146km north-west of Albany and 189km south-east of Bunbury, the 1072ha Connamara is being sold after 68 years of ownership.

Nutrien Harcourts agent Joe Galantino said Frankland River was recognised for its reliable rainfall, quality soil types, and consistent production capacity.

“While the vendors have been grazing more towards sheep, Connamara is surrounded by cropping properties and as a result, local farmers are showing interest in purchasing the property and converting it solely to crops,” Mr Galantino said.

Around 836ha is considered arable and features a mix of soil types that typically grows cereals, canola, or legumes.

Connamara in WA’s Frankland River district can support up to 7000 ewes, and has potential to move into cropping. Photo: Nutrien Harcourts

For more than 40 years, fertiliser has been applied to oats and barley crops at a rate of 180kg/ha, and urea has been applied at 200kg/ha.

Pastures have received application of superphosphate and potash at 150kg/ha.

The undulating country has productive ridges and areas of developed open grazing country carrying good pastures of clover and ryegrass that can support 7000 ewes, or 15DSE/ha.

Connamara is watered by the Bolbelup Creek, 26 dams, and a soak.

Infrastructure includes a four-bedroom home, a five-stand shearing shed, sheds and six silos.

Hallsyard, WA

A mixed farm described as a constant performer in a central location of WA has been leased in the short term, but is expected to sell next year for more than $6M.

The 1507ha Hallsyard is located 17km west of Cranbrook and 100km from Albany.

The property is flat to gently undulating with mostly sand over gravel and small areas of loam over clay and sand clay and last year, around 648ha were sown to barley.

All crops are sown with 80kg/ha of MAP, 60kg/ha of potash and 100 units of nitrogen. Five years ago, the property had around 4t/ha of lime applied on the southern half.

Hallsyard in WA’s Great Southern region has recently been leased and is expected to sell next year for more than $6M. Photo: Nutrien Harcourts

During the marketing campaign, Mr Galantino said the Geekabee Road property would serve as an ideal add on block to an existing farming operation or could be used as a satellite block.

“The large area of natural bush compliments the property and adds value from a conservation and potential additional income perspective.”

Water is supplied by 20 dams supported by 507mm of annual rainfall.

Infrastructure includes a four-bedroom home, steel sheep yards, and two steel grain silos.

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