Dean family to sell historic western Victorian farmland, Eurambeen Station

Strong corporate interest is expected for 2343ha of historic farmland near Beaufort after it was listed for sale by a renowned farming family.

A massive parcel of western Victorian farmland once part of a formidable pastoral run, while also steeped in its own history, has hit the market where it is expected to receive significant offers.

Western Victorian farmers Charlie and Jenny Dean have listed their 2343ha Eurambeen Station for sale, deciding to end their 12-year ownership of the historic property.

The couple purchased the 160-year-old property in 2011, running a large-scale mixed cropping and grazing enterprise during their tenure.

About 60ha, the historic homestead and various outbuildings were subdivided and sold in 2012, with the homestead undergoing vast renovations and opening to the public in 2016.

Offers for the Dean family’s Eurambeen Station farmland are expected to reach $30 to $32 million, or more than $13,374 a hectare.

Elders Real Estate Ballarat selling agent Sean Simpson said the station was suited to both cropping and livestock ventures.

“The sale presents a rare opportunity to acquire one of Victoria’s most renowned and historic western district stations,” Mr Simpson said.

A historic bluestone shearing shed stands at the Dean family’s Eurambeen Station.

BEAUFORT

EURAMBEEN STATION

Property: mixed farming

Size: 2243ha

Sale: expressions of interest close November 29 at 2pm

Price: $30-$32 million

Agent: Elders Real Estate Ballarat

Contact: Sean Simpson, 0418 320 335 and Bram Gunn, 0400 683 222

The Dean family purchased Eurambeen Station in 2011.

“The opportunity to acquire a portfolio of this scale in the pristine Beaufort region is rare. This is an excellent opportunity for both smaller private and large corporate buyers to participate in the process.

“The property comprises highly productive red and grey soil profiles and flat to gently undulating topography, which is ideally suited to large-scale cropping and, or, grazing.”

Fenced into 46 paddocks, the Eurambeen farmland is estimated to carry 33,000 dry sheep equivalent across the property.

Eurambeen Station has a rich farming history, originally forming part of the Mt Cole Station, a 40,000 sheep pastoral run occupied by brothers Alexander and Colin Campbell from the 1830s.

The Eurambeen Station has an estimated carrying capacity of 33,000 dry sheep equivalent, but has also been used for cropping.

In the 1850s the property was sold to the Begg family, and its name changed to Eurambeen, who owned the historic station for generations before it was sold 120 years later.

Existing farming improvements at Eurambeen Station include a historic bluestone shearing shed, six-stand shearing shed, 27m x 14m steel sheep yards and loading ramp.

There are also steel cattle yards, loading ramp, a 24m x 18m machinery shed and a new, 48m x 18m x 5.5m Colorbond machinery shed.

Water access includes the Fiery Creek, which traverses the property, two commercial bores, T & L centre pivot seven tower irrigator (as new) and a 200ML irrigation licence.

Elsewhere in Victoria, Ian Ball and wife Joan have listed their 1551ha sheep station near Euroa for sale, where it is expected to receive offers worth at least $15 million.