Major Australian farm sales in 2018
A WEEKLY Times analysis of 2018 property sales shows billions of dollars of assets changed hands. Read the list of the major farm sales here.
A WEEKLY Times analysis of 2018 property sales shows billions of dollars of assets changed hands. Here is the list.
SOLD
$300 MILLION
Nine Hassad Australia properties totalling almost 100,000ha
Sold to Paraway Pastoral Company and Viridis Ag
$208 MILLION
BFB Farms aggregation, Temora, Junee and Wagga Wagga NSW (44,167ha)
Sold to Canada’s Public Sector Pension Investment Board
$200 MILLION
Deloraine, Beveridge VIC (600ha)
Sold by Laffan family to Melbourne developer Zeng Xiong Lin
$185 MILLION
Sustainable Agriculture Fund aggregations, NSW, Victoria and Tasmania (24,000ha)
Sold to various investors
$115 MILLION
Twynam Agriculture properties, Forbes and Hillston NSW
Jemalong and Jemalong Citrus, Forbes (13,387ha)
Sold to Dutch-based Optifarm Pty Ltd
Merrowie Station, Hillston (32,730ha)
Sold to US investment institution MRA Merrowie Pty Ltd
$70 MILLION
Telopea Downs, Telopea VIC (47,677ha)
Sold by Hassad Australia to AJ&PA McBride
$ 70 MILLION
Gundaline Station, Carrathool (15,000ha)
Sold by Southern Agricultural Resources to Dutch-based Optifarm Pty Ltd
$61.1 MILLION
Linden Vale, Gisborne VIC (75ha)
Cattle property sold to Melbourne developer ID Land
$50 MILLION
Iffley, Deverill and Twenty Mile, Moranbah QLD (41,500ha)
Sold to Australian-based Pembroke Resources
$50 MILLION
Nockatunga, Thargomindah QLD (852,300ha)
Sold by Consolidated Pastoral Company to Cleveland Agriculture
$46 MILLION
Nangiloc Colignan Farms, Mildura VIC (700ha)
Sold to Hong Kong-based CK Life Sciences
$40-$50 MILLION
Clifton Hills Station, South Australia (1.65 million ha)
Sold to a partnership believed to include Viv Oldfield
$40 MILLION-PLUS
Glencore aggregation, Grenfell NSW (12,000ha)
Sold to Daybreak Cropping – a partnership between Canada’s Public Sector Pension Investment Board and Warakirri Asset Management
$37 MILLION
Mt Fyans Station, Dundonnell VIC (5900ha)
Sold by Harmony Beef and Cattle to Shippen family from Moulamein NSW
$32 MILLION
The Grange, Dongara WA
Sold by Wellard Group to Viridis Ag fund
$23 MILLION
Portland Downs, Isisford QLD (99,960ha)
Sold to the North Australian Pastoral Company
$22.25 MILLION
Brackenburgh aggregation, Middleton QLD
$20-$25 MILLION
Kalanga, Dirranbandi QLD (18,028ha)
Sold by Norman Farming to CK Life Sciences
$20 MILLION
Nardoo and Burrabadeen, Tarwin Lower VIC (1252ha)
$18.5 MILLION
Fairfield, Darraweit Guim VIC (1392ha)
Sold to investment banker David Williams
$18 MILLION
Mayneland, Rolleston QLD
Sold to Rural Funds Group
$17 MILLION
Tenterden Station, Guyra NSW
$15.7 MILLION
Comanche, Glenroy QLD (7600ha)
Sold to Rural Funds Group
$15 MILLION
Maryvale Station, Alice Springs NT (324,000ha)
Sold to Viv Oldfield
$15 MILLION
Bundoran and Kolonga, Dunkeld VIC (2206ha)
$ 14.1 MILLION
Fairlight, Hughenden QLD (45,300ha)
$14 MILLION
Glendon Park, Armidale NSW (3234ha)
Sold to Gina Rinehart’s Hancock Prospecting
$13 MILLION
Thornhill aggregation, Hughenden QLD (46,975ha)
$13 MILLION-PLUS
Moira Runda, Condamine QLD (5314ha)
Sold to Paraway Pastoral Company
$12 MILLION
Flying Fox Station, Mataranka QLD (89,580ha)
ABOUT $12 MILLION
Norwood, Blackall QLD (25,052ha)
$11.8 MILLION
Petro Station, Wentworth NSW (26,685ha)
$10.75 MILLION
Shauna Hills, Bauhinia QLD (6014ha)
$10.3 MILLION
Harcourt, Moura QLD (1587ha)
Sold to Hong Kong-based BC Water Pty Ltd
$10.052 MILLION
Delta, Jerilderie NSW (8808ha)
$10 MILLION-PLUS
Tarramia, Mulwala NSW (1994ha)
$10 MILLION-PLUS
Chintin Grange, Chintin VIC (742ha)
Sold to Australian-based Chinese interests
$10 MILLION
Cerberus, Rockhampton QLD (8280ha)
Sold to Rural Funds Group
$8.8 MILLION
Glaisnock, Young NSW (983ha)
Sold by MH Premium Farms
$8 MILLION-PLUS
Okehampton, Triabunna TAS (1385ha)
$7.5 MILLION
Murraba, Maloneys and Glenholme, Willatook VIC (842ha)
Sold to MH Premium Farms
UNDISCLOSED PRICE
Sundown Valley, Kingstown NSW (17,800ha)
Sold to Gina Rinehart’s Hancock Prospecting
UNDISCLOSED PRICE
Gunnee farm and feedlot (1600ha)
Sold to Gina Rinehart’s Hancock Prospecting
UNDISCLOSED PRICE
Lake Midgeon aggregation, Narrandera NSW (8738ha)
Sold to two NSW buyers
FOR SALE
$1 BILLION
Consolidated Pastoral Company
Portfolio of 15 properties and two feedlots covering 4.7 million hectares
$45-$47 MILLION
Cobungra Station, Cobungra VIC
31,000ha owned by Mark Suhr
$70 MILLION
Rushy Lagoon, Red Hills and East Wyambie, TAS
22,000ha owned by New Zealand potato farmer Alan Pye.
$75-$85 MILLION
Nicoletti Farms, Western Australia
203,000ha of the Nicoletti family’s owned and leased land
EXPRESSIONS OF INTEREST
Cobran Station, Hay NSW
14,150ha owned by North American based TIA-CREF