Bogo Merino rams on Springfield. Image – LAWD.
EXPRESSIONS of interest are being sought for a rare offering of prime New South Wales grazing country with progressive Merino and White Suffolk sheep studs, being offered by media giants the Murdoch family.
The family is offering for sale its 947ha mixed farming asset, Springfield, on NSW’s South West Slopes along with the Bogo Merino Stud and the White Suffolk stud Glenfinnan Prime Lamb Genetics.
The land is expected to realise around $16 million, with the Bogo Merino Stud projected to make around $1.4 million and the Glenfinnan stud more than $400,000.
Selling agents LAWD said Springfield is ideally situated in the coveted South West Slopes, about 17km northwest of Cootamundra, 57km from the Hume Highway at Coolac, and 111km from Wagga Wagga, offering convenient access to regional services and markets.
The highly productive mixed farming holding delivers scale and versatility with 844.5ha (89.1 percent) arable land, comprising dryland cropping and improved pastures, and premium livestock infrastructure supporting 11,500 Dry Sheep Equivalents (DSE), LAWD said.
The property features two well-appointed residences, including a renovated historic four-bedroom homestead set within established lawns and gardens, and a three-bedroom Manager’s cottage.
Springfield is being offered for sale as a whole or as separate assets, with Expressions of Interest closing at 12noon (AEDST) on Thursday, 12 March 2026.
The two studs sell more than 350 rams annually to a combined network of 226 producers. The Bogo flock assets includes 1650 stud Merino ewes, plus the 2025 drop ram and ewe lambs, stud sires and stored semen. The White Suffolk stud includes 400 stud ewes, plus 2025 drop ram and ewe lambs, and stud sires.
LAWD senior director, Col Medway, said the current strong demand and outlook for sheep meat and improving market sentiment for quality Merino wool, provided confidence for buyers seeking to benefit from the higher profit trend of the sheep industry.
“The ability to acquire two renowned sheep studs that are positioned as a one-stop genetics provider to commercial sheep breeders, with a focus on quality wool and lamb, along with a fit-for-purpose property provides a unique opportunity for a buyer to enter the industry at scale, or for an existing enterprise to expand their operation,” Mr Medway said.
“The studs will be offered separately to the property, however we envisage that there will be interest to retain the going concern enterprise, including the highly regarded staff who are interested in continuing to grow the business.”
Bogo Genetics general manager, Matt Crozier, said Springfield was an outstanding asset located in a blue-chip location, specifically purchased to grow and enhance the scope of the Merino stud, founded by Malcolm Peake more than 30 years ago.
“Malcolm retired last year and played a key role in the Merino stud industry, producing balanced sheep with commercially-focused traits.
“Bogo Merino Stud represents the upper echelon of the industry, with proven success in setting industry benchmarks in sire evaluations and industry wether trials, and it would be lovely to see the legacy of this hard work honoured and carried forward,” Mr Crozier said.
Mr Crozier said Bogo Genetics expanded its operation into the White Suffolk breed two years ago with the purchase of the Glenfinnan White Suffolk stud from the Young-based Hayes family.
“Glenfinnan was one of the foundational White Suffolk studs in Australia and now as Glenfinnan Prime Lamb Genetics, it remains one of the top performing meat-focused studs in the country.
“On the back of the strong ram selling season last spring, high pricing in the lamb and mutton markets and increasing wool prices, both studs are well-positioned to be taken over as a going concern, with new owners able to hit the ground running,” he said.
Strong agronomic program on Springfield
LAWD said Springfield has a gently undulating landscape and has benefited from a strong agronomic program incorporating strategic fertiliser and lime applications to support the predominantly productive red-brown granite loam soils.
An equipped bore and town mains connection supports a reticulated watering system to 42 troughs, with additional supply sourced from two seasonal creeks and 17 dams. Long-term annual rainfall of 621.7mm further upholds water security with rainwater and town water servicing the homestead and sheds.
Significant investment has been undertaken to improve operational infrastructure, including Flynn-design covered steel sheep yards installed in 2022, a purpose-built containment feeding facility, and fencing upgrades, which feature a central laneway system for efficient livestock movements. Additional improvements include a four-stand shearing shed, machinery shed, multiple storage sheds, a hay shed, and 755 tonnes of grain storage capacity.