More than $400 million of premium livestock, cropping and horticultural properties have hit the market in February as farming families and corporate investors look to divest in the face of record commodity prices, bumper harvests and a deep pool of cashed-up buyers.

Leading the charge, agricultural asset manager goFARM, jointly owned by the Costa family and chaired by Costa Group co-founder Robert Costa, has put the 6,298-hectare Sandmount Farms portfolio in Victoria’s Murray Valley region up for sale with price expectations above $250 million.