THIS week’s property review includes this wrap-up of interesting recent listings across Victoria and South Australia, and separate articles on listings in Western Australia, the NT and Queensland, plus a wrap-up of recently completed sales.
- Gadds list Walwa’s The Glen
- $30m likely for High Country holding
- Two intensive livestock opportunities
- Coorong’s Campbell House offers versatility
Located just south of Walwa and 62km south-east of Holbrook, Michael Gadd’s The Glen aggregation is suited to a range of livestock and fodder pursuits but is renowned for its production of high-quality Angus cattle.
Gadds list Walwa’s The Glen
After 40 years, the owners of a highly-regarded seedstock and cattle grazing business have listed their pastoral portfolio in the Upper Murray region of north-east Victoria.
Mike and Joy Gadd, principals of The Glen, are offering their non-adjoining Walwa district holdings – the 572ha Glenview, 105ha Walwa Park and 69ha JR’s for sale by expressions of interest.
Elders agents Henry Mackinnon and Nick Myer are seeking offers in excess of $16m for Glenview, $3.9m for Walwa Park and $2.55m for JR’s.
Located just south of Walwa and 62km south-east of Holbrook, the aggregation is suited to a range of livestock and fodder pursuits but is renowned for its production of high-quality Angus cattle.
The 746ha aggregation conservatively supports a registered and commercial self-replacing herd of 550 to 650 breeding cows, with progeny grown out to around 600kg liveweight.
In addition, sale bulls, (seasonal) steers and surplus heifers are either sold for live export to feedlots or grass finished to supply MSA Angus beef brands.
Capable of both breeding and grass finishing, the country has been rotationally grazed and according to the Gadds, would easily run a further 200 breeders.
Mike and Joy are downsizing to a property more central to family and will spend more time pursuing other interests. They will remain engaged with the beef industry in a new business model and have already commenced developing their new property.
The Glen registered herd of 400 plus breeders is 90 percent Angus and 10 percent Grey cattle and mostly exceed 75 percent infused Black Angus blood.
Once the properties are sold, the herd will be offered to the new owners or dispersed in stages, most likely via Auctions Plus in early 2026.
In the meantime, Mr Gadd said it was business as usual with the enterprise’s spring joining and AI program, silage harvest, marketing bulls for private sale and selling grass finished cattle for processing.
The heavy carrying alluvial Murray River flats have been pasture improved, supported by a consistent fertiliser and input history.
The Gadds believe the three properties will appeal to large family operators, corporates, beef seedstock producers or commercial cattlemen looking for highly productive country, in a reliable high rainfall area with secure water.
The Glen cattle herd was originally a registered Murray Grey herd, the largest of the foundation herds when the Murray Grey Society was formed in 1962.
In 2002, the Grey herd was downsized and replaced with the entire Mitta Valley Angus herd and large drafts of females from Landfall in Tasmania.
Mike has enjoyed a long association with breed society administration having spent 16 years on the board of Murray Grey Beef Cattle Society, including six years as president. He has also chalked up 11 years on the Angus Australia board, including two years as president/chairman.
Situated in an 820mm average annual rainfall region, the property boasts 3km of Murray River frontage and is watered by the Walwa and Sandy Creeks and numerous dams.
Infrastructure includes a circa 1912 Victorian-style, renovated four-bedroom brick homestead, a two-bedroom manager/staff residence, three steel cattle yards and numerous sheds, with quality fencing incorporating a strategic laneway system for ease of livestock management.
The Glen Pastoral Portfolio is being offered for sale in one line or as three non-contingent assets closing on December 4.
$30m likely for High Country holding
One of the most historically significant Victorian High Country holdings is being offered for sale for the first time in more than a century and is expected to achieve around $30 million.
Located 35km east of Omeo and 90km east Mount Hotham, the 3347ha Bindi Station near Bindi and the 1007ha Holston’s near Reedy Flat are owned by sisters Penny Barry and Sally Meggitt.
Established in 1839 by pastoralist and agricultural pioneer P. V. Buckley, by 1851 it had changed ownership several times, becoming one of Victoria’s largest holdings.
Today, Bindi Station is one of Victoria’s oldest grazing properties, with the circa 1880 five-bedroom homestead (sympathetically restored) regarded as historically significant.
In 1910, Bindi Station was acquired by the Armit family who have continued the property’s legacy for over a century.
Given its uniqueness, Elders agent Nick Myer believes Bindi and Holston’s will attract a range of buyer classes, including high net worths and institutions.
The 4354ha of highly versatile and productive country has historically produced Angus and Hereford cattle, wool and prime lambs, with an estimated carrying capacity of 30,000DSE.
Bindi and Holston’s have level to undulating land with highly productive soil profiles including alluvial river flats, transitioning to sheltered valleys and rising hills.
Ongoing pasture improvement programs include an established selection of phalaris, ryegrass, sub clover, oats and cocksfoot, supported by a consistent fertiliser history.
Featuring 12km of dual frontage to the picturesque Tambo River, water is also sourced from the Bindi, Old Paddock and Sandy Creeks, in addition to bores and dams. In addition, a fully developed 3.8km spring fed water race delivers year-round water supply to a series of paddocks on Bindi.
Infrastructure on Bindi includes original stone buildings, a two-bedroom cottage and extensive shearer’s quarters.
Holston’s benefits from a three-bedroom cottage, a two-bedroom cottage and an original cottage with spectacular valley vistas.
Working infrastructure includes a six-stand shearing shed, numerous cattle and sheep facilities and numerous sheds.
Bindi Station and Holston’s will be offered for sale as a whole or as two separate assets via expressions of interest closing on December 5.
Two intensive livestock opportunities: Hilltop Aggregation
More than $30 million is anticipated for an investment grade intensive livestock opportunity listed for sale in Western Victoria.
The 1018ha Hilltop Aggregation comprises the 307ha Hilltop, the 310ha Bailey Park and the 401ha Westside.
Located near Simpson, 45km south of Camperdown and 54km south-west of Colac, it is currently operating as a commercial grade dairy enterprise but offers significant scope for development into intensified livestock operations.
The aggregation is offered with a 2800 head feedlot permit (with scope for further expansion), expansive backgrounding capacity and 120ha of summer and winter fodder production.
Agents from Elders and Charles Stewart Real Estate said the aggregation and its infrastructure were suited for backgrounding and finishing any class of cattle (70-day domestic, 150-day Angus or 300-day longfed Wagyu), with the chosen system determining how many animals are turned off annually, from 14,000 head a year for domestic down to 2800 for Wagyu.
There has been significant investment in pasture improvement including an established selection of ryegrass and clover, supported by an ongoing fertiliser and input history.
Situated in a 1000mm rainfall region, the Hilltop Aggregation has abundant natural water supply via 135ML of surface water entitlements, dams and frontage to several seasonal creeks.
Infrastructure includes extensive staff accommodation across nine dwellings, two modern compost barns, a fully automated 60-stand rotary, three steel cattle yards, numerous sheds, quality fencing and 217-tonnes of grain and silage storage.
The Hilltop Aggregation is being offered for sale as a whole or as three contingent assets via expressions of interest closing on November 19.
Coorong’s Campbell House offers versatility
Brad and Karin Fischer are selling their significant Coorong district opportunity in the renowned Upper South East region of South Australia.
Located between Lake Albert and the Coorong (recognised under the Ramsar Convention as a wetland of international importance), the 1500ha Campbell House is 16km west of Meningie and 93km south of Murray Bridge.
Currently operating as a dairy and irrigation enterprise, the property is suited to beef, wool and fodder production, cropping and horticulture (vegetables).
LAWD agent Nigel Gosse was unable to provide a price, however it is understood interested parties are being offered an $18.5 million guide.
Around 1359ha (91 percent) of the well-drained, sandy loam, clay and limestone soils are arable with 232ha under irrigation and 1127ha used for dryland cropping. The canola, lupins, barley, oats, together with hay and silage production, support the 600-cow enterprise.
Water security is underpinned by 232ha of spray irrigation with eight remote controlled fibre optic-connected centre pivots and water sourced from the River Murray Prescribed Water Course – River Murray Irrigation Management Zone.
Infrastructure includes a 120-year-old five-bedroom stone homestead, a manager’s residence, a worker’s quarters, a stone cottage, a 50-unit rotary dairy, a compost barn, numerous sheds, five steel cattle yards and 520-tonnes of silo storage.
Campbell House is being offered for sale by expressions of interest closing on December 11. LAWD agents Nigel Gosse and Col Medway are handling the sale.