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WA Market Update

SIMON CHEETHAM SENIOR RURAL REAL ESTATE EXECUTIVE

There is certainly an air of confidence throughout rural WA.

For the most part, crops and pastures are off to an excellent start. Widespread rains have been received across the state during Autumn and Winter and most districts are looking exceptionally good.

On the back of good opening rains and some attractive commodity prices, WA has planted what is thought to be our biggest ever winter crop, with canola plantings in particular jumping in 2021 after hitting record high prices being reached earlier in the year.

Many of our pastoral regions are also enjoying one of their better years in recent times, with an abundance of feed coupled with strong cattle prices creating a very buoyant market for the few stations which have come up for sale.

The horticultural industries within WA have also been receiving an increasing level of interest and attention, with it being widely accepted WA offers some untapped potential in the areas with good water supply.

Despite some hiccups, including the damage caused by Cyclone Seroja in April to districts within the Geraldton Port zone and dare we say it, too much rain for some in Southern areas, the state as a whole is set up nicely for a strong production year. Rural properties remain keenly sought after, with strong demand still being received for lifestyle, broadacre cropping, high rainfall grazing, horticulture and pastoral properties.

Price growth for WA farmland has been strong through 2019 and 2020, with the 2021 Australian Farmland Values report produced by Rural Bank indicating WA farmland experienced a massive 19.3% jump in median prices in 2020. The report indicated strong growth was experienced in all areas, although strongest in the Geraldton port Zone and the South Coast of WA.

Currently, the amount of available farmland in Western Australia remains limited. As we head into our traditional selling season, additional properties will come onto the market, however it is not thought there will be a major influx. The confidence and opportunities within WA agriculture is seeing expansion rather than consolidation remaining to be the focus of most growers.

Given the pent-up demand for rural properties, particularly for quality properties of scale, it would appear the strong prices being achieved could continue for some time to come.

Wishing our growers and readers all the best for the remainder of 2021

Simon Cheetham 0428 147 359 simon.cheetham@elders.com.au

841 GOVERNMENT ROAD

HARVEY, WA 14.1477 Hectares / 35 Acres

Drive in off the sealed road just west of the town of Harvey onto this is this 35-acre outstanding lifestyle property. Not only is it in a great location it also has everything you could possibly wish for creating the country lifestyle for your family which is so sought after these days of Covid lockdowns. An entertainer’s delight is the best way to describe this large country style five bedroom, three bathroom brick and iron home built in 2008 set well off the road for privacy The property offers amazing living and entertaining areas both inside and out. Comfort is catered for with evaporative and reverse cycle air-conditioning plus 2 slow combustion fireplaces. Entertaining is a breeze and just couldn’t get better with a huge alfresco entertaining area overlooking the sparkling below ground indoor heated pool and separate spa and large bar area. A second large kitchen completes this wonderful area. Power bills are minimal from the large 5 kw PV solar unit providing bonus power to heat the pool and run the home.

Water is plentiful for the livestock and gardens with a 6-inch pressured outlet combined with 10 shares in Harvey Water. This property would be ideal for horses or any livestock with the ability to grow lots of grass. Currently there is plenty of room for 11 cows and calf’s all year round with eight well fenced paddocks and a neat set of cattle yards with head bale. Sheds with power are plentiful consisting one 24m x 14m, one 15m x 9m and a 19 x9m shed (approx.) all with a large hardstand area ideal for trucks and turning vehicles. To complete this amazing property, there is attractive timber lined winter creek cutting through the property plus a chook yard and vege patch and well the established garden and lawn.

This is an exceptional property with so much to offer. You really need to have a look, so book an appointment with the exclusive agents today

Offers Over $1,520,000 Doug Butcher 0409 374 671 doug.butcher@elders.com.au Elders Bunbury eldersrealestate.com.au/23110983

‘BORABILLA’

WANERIE, WA 381.59 Hectares / 942.52 Acres*

‘Borabilla’ is located 46 kms west of the townsite of Gingin & approx. 104 kms to the CBD. The property boasts good access to dual road frontage including 2.5kms of bituminised Cowalla Road.

Approx. 40 ha (100 acres) existing income from established irrigated orchard plantings of low chill stone fruit, seedless lemons & other citrus varieties with an approx. additional 20 ha (50 acres) of established irrigation infrastructure for future plantings. Approx. 321 ha (792 acres) cleared and some parkland grazing land. • Quality 500400 kl water licence, 5 bores & 3 phase power • 2 large holding dams with impressive filtration system • Approx 600 ml annual rainfall • Renovated 4 x 2 managers residence • 3 x 1 accommodation

• Backpackers accommodation • Substantial packing & machinery storage shed / large coolroom storage • Undulating topography with a varied soil type, the majority being sandy loam over limestone with small areas of lighter white sand • Natural vegetation including substantial “Red Gum” timber • This property presents well & with the close proximity to Perth CBD via the new arterial Northern Link & Mitchell Freeway for ease of freight, the potential is untapped & an inspection will impress.

Inspection by appointment Kris Teakle 0409 686 626 kristine.teakle@elders.com.au Elders WA Rural & Metro eldersrealestate.com.au/22124342 *denotes approximately

‘COOMAL CREEK’

NAPIER, WA 1,043 Hectares / 2,577 Acres

Enjoying two road frontages to Chester Pass Road and Clinton Road, the property is in a standout location. You will be immediately mesmerised by the stunning views of the Porongurup Ranges to the north as you drive into the main entrance and down through the property. This early selected land is undulating and fertile and was historically used for horticulture. There is an abundance of water from three dams, a permanent freshwater creek and the Napier Creek. Located towards the centre of the property sits a large 3-bedroom, 2-bathroom plus study character homestead (circa 1948). The home is spacious with generous sized rooms and polished floorboards. The homestead is complimented by attractive grounds with rolling lawns and gives a feeling of privacy and seclusion whilst enjoying a pleasant outlook over the property. In addition to the home is a fully serviced studio. The mains power is complimented with a 5kva solar system. Additional outbuildings include a large general purpose shed, shearing shed, double carport and cattery that are all well maintained and in excellent condition. The property is divided into 16 paddocks, all with fencing of a high standard, a large portion with electric vermin proof barrier fencing, designed to keep foxes at bay. ‘Coomal Creek’ has most recently been farmed as a successful Suffolk sheep stud, although would also be suitable for cattle production amongst other pursuits. The Napier Hall and tennis courts, well known gathering points within the community, neighbour the property. Incredible presentation, excellent water, great infrastructure, and a home to be proud of. An inspection of this property is guaranteed to impress.

Inspection by appointment Simon Thomas 0407 380 365 simon.thomas@elders.com.au Elders Albany eldersrealestate.com.au/22956064

‘MELVILLE PARK’

BRUNSWICK, WA 54.77 Hectares / 135.33 Acres

‘Melville Park’ is not only an important piece of Western Australian history, it also offers buyers a prime grazing, lifestyle and business opportunity. Settled shortly after 1849 by the Flaherty family and then taken over by Alfred Moore. It was further developed by Samuel McKay, who built the homestead and barn and was known for his thoroughbred horses at Melville Park, including the 1898 winner of the Perth Cup, a stallion called LeVar. The large Edwardian/Federation styled brick and tiled homestead features extensive verandas and was constructed in the 1880s. Having now been beautifully restored inside and out, including new iron roof, modernised bathrooms and kitchen, added family room, office and polished jarrah flooring. The double storey brick and iron barn/ stables with projecting central winch beam and doors over carriage opening was completed in 1895. The stooks of hay were stored in the loft above the horses. The barn has an excellently preserved wood block floor, one of the best in the State, along with two front rooms that were originally used for the groom’s quarters and harness room. Original still in nature, one of the front rooms now houses a small farm shop. The barn has multiple possible uses to continue the profile. This is the first opportunity for you to purchase ‘Melville Park’ since its makeover so you can become only the third family to take up residence since the Shine Family purchased the farm in 1927. Inspection by appointment Noel Jones 0418 932 438 noel.jones@elders.com.au Doug Butcher 0409 374 671 doug.butcher@elders.com.au Elders Bunbury eldersrealestate.com.au/23085030

‘YARRABEE’

KATRINE VIA NORTHAM, WA 174 Hectares / 430 Acres

Once in a lifetime opportunity Finding the words to fully describe the serenity, the feeling of freedom and endless space that ‘Yarrabee’ offers is truly a hard task. Imagine owning over 400 acres with complete privacy from the outside world, set back from the road and with natural bushland surrounding you. The winding driveway takes you on a journey where the stresses of everyday life can be left behind. ‘Yarrabee’ stands out as a true “once in a lifetime opportunity” to purchase something special. Your 430 acres (174 ha) of paradise includes approximately 200 arable acres (81ha) fenced into six paddocks with five dams and an equipped bore. The outbuildings consist of a 12m x 7m GP shed, 16m x 7m enclosed shed with sliding door and a 16m x 8m enclosed shed equipped with shower, toilet and pot belly stove. Each shed is equipped with rainwater tanks.

Your house is an exceptionally well designed “T” shaped Spadacinni home of brick and timber construction with corrugated iron roof. Being north facing, the house is ideally positioned to take in the picturesque views from all bedrooms and the main living area. As you enter the home, you will find the first of the four bedrooms to your right, which is also well suited to being a home office if required. Venture a little further and you will find the spacious master bedroom with ensuite, walk through robe and built in robe. A sliding door provides direct access onto the verandah from the bedroom allowing you to easily enjoy what nature has to offer. The West wing of the home has bedrooms two and three, both being large enough for a double and single bed. These bedrooms also have built in robes and sliding door access to the verandah with glorious uninterrupted views over the Avon Valley. Here you will also find a spacious laundry and bathroom. A 5kva solar system, Daiken reverse cycle, double carport, 127,000lt & 22,000lt Rainwater tanks and reticulated gardens complement the house.

Inspection by appointment Fred Hill 0417 991 573 fred.hill@elders.com.au Elders Northam eldersrealestate.com.au/23148191

NAPIER, WA 345 Hectares / 853 Acres

Seldom will you get an opportunity like this. Take advantage of all the work that has recently done here. All ready and set to go – just move in and farm! • Larger sized property just 30km from Albany which offers economies of scale for a stand-alone unit

• Outstanding infrastructure including but not limited to 3 sets of cattle yards (two near new stee and, one older wooden) • Substantial sheds including a huge drive through 31x19mt machinery shed, a second 20x13mt lock up workshop type shed, a 2-stand shearing shed plus several other GP sheds • 3x1 home in good condition • Superb farm layout with majority of near new excellent fencing incorporating a complete laneway system right around the property. 26 Main paddocks plus smaller holding paddocks • Huge water supplies. Virtually drought proof. 18 dams or soaks including two key water points that are serviced to an integrated system of tanks and troughs right through the farm. • Great balance of productive soil types through out • Multiple titles This attractive property is an absolute credit to the owners and astute purchasers will be impressed with the quality on offer here.

Inspection by appointment David Treeby 0427 448 756 david.treeby@elders.com.au Elders Albany eldersrealestate.com.au/3697292-2687993

‘WEEMILAH’

SOUTH GREENOUGH, WA 104.51 Hectares / 258 Acres

The property has 1.3kms of highway frontage and is accessible to Red Emperor Drive, taking you to the beach just to the west. The property consists of 2 titles, which can be purchased separately. ‘Weemilah’ total 104.51ha (258 acres) of which 83ha (205 acres) is highly productive, being soft red loams. ‘Weemilah’ is currently used for cropping (cereal and canola), hay production, fattening cattle/ sheep and horse agistment. The property boasts excellent water security, with extensive rainwater collection and 3 bores, of which 2 are equipped. There is a 12 x 8m shed (3 cars) immediately behind the homestead, with a larger machinery shed (12 x 15m) close by. Added to this infrastructure, the farm also has a shearing shed, stables and hay shed, of which are all still operational and play their part in the day to day workings of this lovely property. The fencing on the farm is in good condition, sub dividing the farm into 9 paddocks all with stock water. The two bedroom, open plan home, has a large kitchen with a fantastic property vista. To the rear of the home there are two detached buildings providing 2 more bedrooms and a large laundry with ablutions. Inspection by appointment For Sale Price $1,650,000

Courtney Keeffe 0429 625 007 courtney.keeffe@elders.com.au Elders Geraldton eldersrealestate.com.au/23138954

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