Victorian family snaps up four-farm Summit Aggregation

Almost 2000ha of mixed farmland in northern Victoria has been sold to a local family after it was expected to be worth $15 million. See the details.

A NSW Northern Rivers family have sold their 1950ha Summit Aggregation, located 40km east of Echuca at Nathalia.

A Victorian farming family with interests in both beef and piggery production have snapped up a nearby portfolio of almost 2000ha of mixed farmland.

David and Sally Miles have purchased the 1950ha Summit Aggregation, comprising four parcels located 40km east of Echuca at Nathalia.

Listed for sale in March this year by a NSW Northern Rivers family, operating as Summit Farms Pty Ltd, their portfolio comprised the 872ha Willunga, 476ha Summit, 440ha Rothwell Park and 162ha Mulberry Tree properties.

It is understood the Miles family have acquired the portfolio as a whole for an undisclosed sum, in the vicinity of the $15m asking price.

Attached to the portfolio were 699ML Goulburn River high reliability and 170ML Goulburn River low reliability. It is understood these were not included in the sale.

The Miles family, from Kotupna, have purchased the Summit Aggregation as a whole.

The Miles family have established diverse agricultural enterprises in northern Victoria, operating a significant piggery at Kotupna plus a nearby beef feedlot.

The Summit Aggregation, which has historically produced about 1000ha of crops alongside 2000-2500 merino ewes and followers, will add to the Miles family’s productive base.

Inglis Rural Property CEO Sam Triggs and Elders Real Estate Deniliquin Matt Horne handled the sale of the Summit Aggregation.

“The Summit Aggregation is well-known in the district due to the long ownership by a single family and also its size,” Mr Triggs said when listing the portfolio for sale.

Across its four farms, the Summit Aggregation produced about 1000ha of crops alongside 2000-2500 merino ewes and followers.

“Suited to investors and farmers seeking to acquire an aggregation of high quality, consistently performing farming land or equally attractive to local landholders and family operators looking to secure additional scale have the opportunity to the property in part.”

The aggregation sits on typically fertile red, brown earths across a flat landscape, with 89 per cent considered highly arable with little to no paddock timber allowing efficiencies for large-scale machinery and equipment traffic and associated management.

Early access was offered for the 2025 winter cropping season with all cropping country fallowed for the year ahead.

Originally published as Victorian family snaps up four-farm Summit Aggregation