Property

Weekly property review: Recently completed sales

Property editor Linda Rowley 06/05/2026
Weekly property review: Recently completed sales

THIS week’s property review includes this wrap-up of recently completed sales and two separate articles on properties for sale.

  • $10m for Guluguba’s The Gull
  • Neighbours pay $15.5m+ to expand in SW Qld
  • Negotiations continue for CQ’s Bluegrass Plains

The 2759ha The Gull is 6km west of Guluguba and 13km south of Wandoan in a highly regarded beef production area

 

$10m for Guluguba’s The Gull

A local family has paid around $10 million to expand with cattle breeding, backgrounding and finishing country in Queensland’s Western Downs region.

The 2759ha The Gull is 6km west of Guluguba and 13km south of Wandoan in a highly regarded beef production area, close to major markets and feedlots.

The property comprises 2060ha of freehold grazing land and an adjoining 700ha of forestry lease.

Elders agent Phillip Kelly was unable to disclose the name of the buyer or the price paid, however during the most recent marketing campaign, a price guide of $10m was offered.

For more than 60 years, The Gull has been held by the Hansen family who has traditionally finished more than 600 steers through to bullocks on established buffel pastures.

Family members have also run a breeding operation and a commercial stud, with the vendors estimating the property can support 1000 backgrounders or 600 breeders with followers and sold as weaners.

Most of the soft open rolling country that rises to low ridges grows brigalow, belah, softwood scrub and poplar box. There is more than 200ha of previous cultivation that produced grain and fodder crops.

Further development, regrowth control and pasture renovation could increase production. Eight dams and a shared bore supply water.

Infrastructure includes a three-bedroom home, numerous sheds, grain silos and cattle yards.

 

Neighbours pay $15.5m+ to expand in SW Qld

Neighbours have paid more than $15.5 million to expand with a picturesque breeding and backgrounding operation in south-west Queensland.

The 4040ha Woonoona, 75km north of Roma, was passed in at auction but sold shortly afterwards for an undisclosed price to Paul and Kellie Christiansen from the adjoining property, Pinnacle, where they run a Wagyu beef cattle operation.

The sale ends 11 years of ownership by Gordon and Sally West, Westmoor Pastoral based out of Wallumbilla, who are consolidating their assets.

Last year, in what was regarded as the biggest grazing transaction in Queensland in 2025, the West family paid more than $63m (bare) for the central portion (10,285ha) of Meeleebee Downs in southern Queensland.

They also sold the 6200ha Geddesvale in the Wandoan district in an off-market deal worth a reported $28 million.

During the marketing campaign, Woonoona was growing abundant buffel, improved pastures and native grasses and was described as an outstanding offering, combining natural beauty with high quality country.

TopX agent Carl Warren, who handled the sale, was unable to disclose the price paid but said it was in line with expectations.

The property has a mix of country including brigalow, belah and bottle tree, along with areas of softwood scrub areas. Valleys are lined with box, weeping myall and pine.

More than 160ha has previously been farmed, with large areas recently cleared and suitable for cultivation.

Woonoona is watered by 28 dams, a bore and numerous gullies providing seasonal water in a 635mm rainfall district.

Infrastructure includes a four-bedroom home, steel cattle yards, two sheds, with extensive internal fencing upgrades completed in recent years.

Woonoona has a mix of country including brigalow, belah and bottle tree, along with areas of softwood scrub areas.

 

Negotiations continue for CQ’s Bluegrass Plains

RBV Rural is negotiating with interested parties after Bluegrass Plains in Queensland’s Central Highlands passed in at auction for $7.1 million.

The scenic 1922ha grazing and dryland cropping enterprise is located 28km north-east of Capella and 56km from Clermont.

It was offered for sale by Charles Curran after 70 years of family ownership. Mr Curran’s father, Dennis, drew the property in a ballot in 1956.

The undulating country has areas of brigalow scrub and semi-open downs. Its black, grey and chocolate soils have a strong moisture profile following recent beneficial rain.

Around 1000ha is cultivated and contoured, with a typical rotation of sorghum and some mung beans in summer, followed by wheat and chickpeas through the winter.

RBV Rural agent Terry Ray said the incoming buyer could move quickly, with the entire cultivation area ready to plant.

“Subject to an unconditional contract and deposit, the vendors are willing to provide early access for winter crop preparation and sowing,” he said.

Mr Ray said the new owner could run considerably higher numbers if the cash crops were converted to fodder production.

The balance of the property, including 200ha of Capella Creek finishing country, supports grazing of around 300 head of cattle on established buffel stands and native grasses.

The enterprise is watered by two dams and a bore.

Infrastructure includes a two-bedroom home, donga accommodation, cattle yards, numerous sheds and 633-tonnes of silo storage.

 

 

 

 

 

 

 

 

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Comments

  1. MILTON CLARKE
    07/05/2026

    Big money. Big droughts. Big interest bill.