North Yathong station changes hands for first time in 50 years
A historic 5578ha property where Ned Kelly once penned his famous letter, has been snapped up walk-in, walk-out, including 3500 breeding ewes.
A historic NSW Riverina sheep station has changed hands for the first time in about 50 years after it was sold in an eight-figure deal.
The 5578ha North Yathong station, located 30km north of the Jerilderie township, has been sold by the Brunt family several weeks after it was initially passed in at auction.
On October 2, the property was offered to the market via auction at the Jerilderie Civic Centre, where it was passed in for $10.2m, or the equivalent of $1828 a hectare.
It is understood a prominent farming family from the eastern NSW Riverina has acquired the property in a walk-in, walk-out deal.
The transaction included 3500 main flock breeding ewes.
North Yathong was first established in 1850, with the McFarland family involved in pioneer work in selective sheep breeding on the property shortly after 1880.
The property was later owned by the Australian Land and Finance Co. before the McFarlands left in around 1888.
The area is also notable for its connection to the Kelly Gang’s 1879 visit, where they robbed the bank and the telegraph office, and Ned Kelly penned the famous Jerilderie Letter.
The Brunt family had owned North Yathong since the mid-1970s.
North Yathong is fenced into 25 paddocks, comprising country ranging from level to slight undulation with soil types ranging from 60 per cent red clay, 25 per cent Grey clay and 15 per cent Sandhills.
Historically the property has run 3000-plus breeding ewes and 2500 weaners plus the seasonable fattening of cattle.
At the centre of North Yathong there is a five-bedroom homestead originally constructed in the 1880s and extended in the 1920s.
Located on the edge of the Turn Back Jimmy Creek, the homestead is surrounded by old-growth eucalyptus and established English plane trees.
Elders Real Estate Albury agent David Gittoes handled the sale.
