Elders Estates Magazine July/August 2017

Estates.

Property Portfolio July / August 2017

Experience.

Real Estate

Elders Estates.

Elders National Footprint

N AT I O N A L Tom Russo VICTORIA Nick Myer SOUTH AUSTRALIA

tom.russo@elders.com.au

+61 409 873 837

nick.myer@elders.com.au

+61 427 610 278

Phil Keen NEW SOUTH WALES

phil.keen@elders.com.au

+61 438 308 650

Andrew Adcock

andrew.adcock@elders.com.au

+61 407 674 972

QUE E NSLAN D AN D NORTH E R N TE RRITORY Andrew Adcock WESTERN AUSTRALIA Jim Sangalli Malcolm French SHANGHAI Joey Zhou

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andrew.adcock@elders.com.au

+61 407 674 972

jim.sangalli@elders.com.au malcolm.french@elders.com.au

+61 417 706 996 +61 409 990 988

joey.zhou@elders.com.cn

+86 189 1837 7878

Elders Estates.

Contents 5

Grain Update

6

NSW Market Update

7

New South Wales

12 Queensland

All Things Grain

17

Northern Territory

19

Western Australia

23

South Australia

Whilst the majority of agricultural commodities have enjoyed a bull run in recent times, grain prices have been sluggish primarily due to oversupply in the global market.

27 Victoria

However, there are signs that there may be a positive shift in grain and oilseed prices in the short to medium term, with the International Grains Council outlook indicating that global production is shrinking amidst stable high demand. This could see global stocks contracting for the first time in several years and result in a positive shift in supply and demand for Australian growers. Coupled with dry conditions across Australia, we have certainly seen some positive price movements in recent weeks.

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Recently Sold

This prompted me to catch up with grain industry expert Lachlan Allen, who has recently joined Elders as our National Grain Manager, to find out what we may expect in the grain markets over the next 12 months. I hope you find the resulting grain focus piece on page 5 of this edition of Estates to be most interesting.

From a real estate perspective, we have seen, and continue to see, strong appetite for cropping land across the country notwithstanding the subdued commodity prices. This has been particularly evident in the highly productive and tightly held cropping regions like the Darling Downs, Wimmera, South West Victoria, Mallee and Eyre Peninsula in SA. There continues to be strong demand for broadacre cropping land in the west, particularly in the high rainfall zones in the south of the State.

Elders currently has a number of clients looking to invest in these regions through both on and off-market transactions. We would welcome any opportunities to present properties to these clients on a strictly confidential basis.

Tom Russo

General Manager Real Estate 0409 873 837 Tom Russo tom.russo@elders.com.au General Manager Real Estate 0409 873 837 tom.russo@elders.com.au

Experience.

Real Estate

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Elders Estates.

Experience Australia’s leading rural real estate network.

We form successful and lasting partnerships with our clients.

With over 400 points of presence throughout Australia, the Elders network includes a team of subject matter experts in all areas of Australian agribusiness who have unsurpassed connections and insights into Australian agriculture coupled with international connections.

Our team of specialist agricultural real estate professionals assist our clients with all aspects of their strategic real estate needs. This team is also able to draw upon the vast resources within the broader Elders network, which provides Australian primary producers with access to all the advice, inputs, financial services, marketing options and trading platforms required to maximise the returns from their enterprises.

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Elders Estates.

Grain Market Update LACHLAN ALLEN, ELDERS NATIONAL GRAIN MANAGER As we approach the halfway mark of the 2017/18 season, we’ve taken a look at a few things that are in play with the current grain pricing.

First, if we reflect on the 16/17 season, nearly all port zones across the country produced above average yields, with SA and WA breaking state receival records. This high amount of grain saw the grain bid slowly slip away during the growing season as traders realised the true potential of the crop.

As harvest rolled around, grain continued to move and sold at a frantic pace, we saw some activity creep back into the market, as traders needed to finish off vessels, and this provided some selling opportunities for growers that held out through the harvest lows.

As seeding started to take off for the 17/18 season, there was not much news to start kicking the grain market in the upward direction. Globally, there was a reasonably large harvest which was weighing on grain prices.

With nearly all grain prices looking on the lower end of the decile readings, growers responded with their planned hectares, and the US growers responded by planting the smallest wheat crop in close to 80 years. Then, overlay this with a few unseasonal weather events and the crop in the US was not looking in a good position. Back home, the promise of a good start was disappearing quickly when the tap was just turned off. Now, with close to all major grain Australian production areas recording low to lowest on recorded June rainfall, supply is starting to look a little tighter than first thought‌ Over the last few weeks we have now seen prices rally all the way up to $300/t for wheat and $250/t barley. However, grower selling remains limited as they wait for more rain to provide some confidence in the crop.

The following graph from Profarmer shows how quickly the national 17/18 APW multi price moved over the last few weeks.

Looking ahead, it’s a weather game at the moment. If the dry spell continues, prices could push higher as traders look to find where growers are able to commit to a sale. If July brings more traditional rainfall events we might see bids ease a little as everyone gets some more confidence in the crop. One thing we can rule out, is the record harvest of 16/17 will stay for at least another year.

The Elders grain marketing platform simplifies grain marketing for growers by delivering a single best price by port or site in real time. We are able to do this by working with some of the largest grain trading houses and end users who are active in the Australian market.

Take advantage of this platform by simply downloading the Elders Grain app via the App Store or Google Play. You can also find further information at www.eldersrural.com.au/daily-grain-prices or chat with your local Elders branch.

Experience.

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Elders Estates.

NSW Property Market Update RICHARD GEMMELL, RURAL REAL ESTATE AGENT The continuing below average seasonal conditions throughout Central West and Western NSW certainly haven’t dampened the enthusiasm in the rural property market. With listings in short supply and demand strong, sale results continue to reach new levels.

Apart from demand outstripping supply, we’re seeing a number of other factors which are influencing the current market. Land prices have been tracking in an upward direction with livestock commodities, which up until the last couple of weeks has been opposite to the direction of wheat price movement.

We have experienced a rise in Dry Sheep Equivalent (DSE) values attributed to the improved prices over the past two years or so for sheep, lamb, wool and beef. Dependant on short term seasonal conditions, the weight of livestock numbers hitting the saleyards and meat works leading into the spring may influence the ongoing herd rebuilding. This has also been a factor influencing the ability to stock recently acquired grazing and farming properties.

Stronger demand is being received from family entities now competing with corporate agribusiness, with the latter having to compete for acquisitions in a sector which not so long ago they were the major players. Recent sale results throughout the Central West, Western and North Western districts of NSW would indicate the past years of strong commodity prices and low interest rates have allowed more farming and grazing family businesses, with an ever increasing appetite for growth, the ability to make successful purchase decisions in a timelier manner.

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Cotton production from this past summer season was challenged by a lengthy period of very hot temperatures, in particular through January to March having the effect of reduced yields.

Preparation is well underway of fields for planting this coming October with on farm water storages and irrigation water allocations providing the confidence for a positive start to the planting season.

The lifestyle and hobby farm markets continue to be met with strong demand throughout the region from the young family and semi-retiree sector, along with those relocating from the major cities to the Central West for job opportunities and lifestyle changes.

We continue to prepare for a busy listing and marketing period for clients making plans to market their properties through Elders from now and into the spring.

Richard Gemmell 0428 164 672 richard.gemmell@elders.com.au Elders Dubbo

Elders Estates.

NEW SOUTH WALES

‘BURRAWONG’ DORRIGO, NSW 124.1 HA / 306.65 AC Burrawong is located within an easy 15 minute drive from Dorrigo via a sealed road.

to long term tenants and showing a healthy return on investment (details available).

For Sale $1,400,000

Good quality grazing country with excellent pastures of Kikuyu, Ryes and Clovers. The modern four bedroom homestead offers comfortable living and is positioned to enjoy outstanding views over the property and beyond.

Burrawong is a well presented rural property which offers the opportunity to run that hard to find 100 breeder area close to town.

With its well-appointed home and good infrastructure this property is worthy of consideration and inspection is recommended.

John Starr 0427 572 777

Very good near new four bay machinery shedding with a separate private room at one end with bathroom facilities. Excellent steel cattle yards to finish. Currently leased

View by appointment john.starr@elders.com.au Elders Dorrigo 02 6692 5000 eldersrealestate.com.au/649295

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Elders Estates.

‘AVLON’ CUDAL, NSW 110.7 HA / 273 AC Productive, safe and secure grazing.

Representing a rare opportunity to secure a highly productive property in the tightly held Cudal district and just 35 minutes west of the thriving regional centre of Orange, ‘Avlon’ consists of 273 acres of open productive grazing country, a beautiful three bedroom home with stunning views across the property, steel cattle yards with new vet crush, eight stall stable complex and large machinery/hay shed.

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‘Avlon’ is securely watered by a permanent creek together with an equipped bore delivering 8000gal/hr for stock and domestic.

The home is supplied by 100,000ltrs of fresh rain water storage.

From creek flats rising to gently undulating basalt hills, fully pasture improved and securely watered ‘Avlon’ lends itself to being a highly productive livestock holding, suitable for stud cattle, an equine enterprise or commercial sheep and cattle production.

Auction Saturday 19th August, 11:00am Venue Duntryleague Guest House, Orange View by appointment Phillip Speers 0458 171 998 phil.speers@elders.com.au Elders Orange 02 6363 5700

Elders Estates.

‘NYANGAY STATION’ Cobb Highway, BOOROORBAN, NSW 8,264 HA / 20,422 AC • Proven history of breeding and fattening, wool, irrigation, fodder production and cash cropping.

• Regulated water via Coleambally Irrigation, 1275ML Class F and 97ML Class G Water Entitlements.

Auction Thursday 17th August, 11:00am

• Comfortable four bedroom homestead, two additional workman cottages.

• Same family ownership since 1963.

Matt Horne 0409 355 733

• Substantial seven stand shearing shed with covered adjoining yards.

• Piped stock and domestic water system.

• 720 hectares developed irrigation inclan 800ML storage dam, 125ha rice grown in the 2016/17 season.

• Ideally situated just 45kms from Hay, 85kms to Deniliquin with Cobb Highway frontage.

Venue Coach House Hotel Deniliquin View by appointment matt.horne@elders.com.au eldersrealestate.com.au/687733

• Inspections strictly by appointment with the Elders exclusive selling agents.

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Elders Estates.

‘BURRAWONG PECAN NUT FARM’ 294 Ormans Lane, KOOTINGAL, NSW 40 HA / 98.8 AC The owner of ‘Burrawong’ Pecan Nuts is looking to retire therefore he is offering this lucrative well established business on a WIWO basis.

The 1400 fruit trees are in full production, leaving many years of productivity for future owners. Besides all the machinery, processing shed, water licences, large cool room and associated equipment, there is a very comfortable four bedroom brick veneer homestead with views across the fertile alluvial river flats. The plantation is fully irrigated from the Cockburn river which

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bounds the property on the western side, this maximises the crop potential (90ML River - 120ML Underground licences). The water to the homestead is supplied by 3 X 5000L concrete tanks and there is a very good stock and domestic bore which pumps water to two holding tanks, then gravity feeds the water troughs, toilets and garden.

‘Burrawong’ is a fantastic opportunity to purchase a fully operational income producing property with an idyllic lifestyle.

For Sale $1,100,000 View by appointment Luke Johnston 0448 424 058 luke.johnston@elders.com.au Elders Gunnedah 02 6748 3000 eldersrealestate.com.au/687160

Elders Estates.

‘ARMIDALE’ 175 Old Gostwyck Road, ARMIDALE, NSW 16.28 HA / 40.23 AC One only needs to walk through the front door to grasp the grandeur of this home. It exudes timeless character and detailed functionality.

four other bedrooms, second study and large media room, opening to the generous entertaining verandah.

Exceptional finishes, only 7km from the CBD. Inside formal and informal spaces work harmoniously, creating a well-appointed home, with a modern yet timeless character.

Wood heaters, gas and ducted air.

Landscaped gardens, town water, outdoor verandah with spa. Garage space for nine vehicles. 16.8ha, stables, day yards cattle yards, machinery, storage sheds, old dairy – all with power and water. Can be subdivided to five lots.

Cleverly designed for the busy modern family, a balance of large family area and individual space. A private ensuited retreat and study, formal living and dining areas, also informal areas, centralised family kitchen,

For Sale $1,900,000 View by appointment Frank Spilsbury 0427 010 386 frank.spilsbury@elders.com.au Elders Armidale 02 6881 4700 eldersrealestate.com.au/681812

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Elders Estates.

QUEENSLAND

‘FUNNEL BAY’ 00 Esplanade, AIRLIE BEACH, QLD ALLOTMENT SIZE ON REQUEST Immerse yourself in the Whitsundays with nature your only neighbour. Airlie Beach’s newest suburb, Funnel Bay, is a secluded enclave surrounded by National Parks and the Great Barrier Reef Marine Park. Joining a small and exclusive group of private residents, you will feel like you are a million miles from anywhere, yet only six minutes from the main street of Airlie Beach, the hub of the world-class Whitsundays.

The Beaches at Funnel Bay accentuate all we have come to know and love about our coastline and are the last opportunity to bring absolute beachfront land to the market on the

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Whitsunday Coast. Each allotment bears the name of an iconic Australian beach and includes an additional parcel of land (between 448m2 and 1185m2) that can be landscaped for the owner’s exclusive use.

Garden View allotments at The Beaches enjoy all the benefits of the sandy beach and secluded national park environs of Funnel Bay with extremely generous allotment sizes. Nature is truly your neighbour as Conway National Park, which forms both the eastern and western boundary with Funnel Bay, will remain as native bushland forever.

For Sale $465,000 to $1,395,000 View by appointment Robert Murolo 0418 799 934 robert.murolo@elders.com.au eldersrealestate.com.au/690120

Elders Estates.

‘BRACKNELL LODGE’ 50-80 Rosenberger Road, WYREEMA, QLD 60.79 HA / 150 AC Versatile Property. Highly fertile soils.

Bracknell Lodge is positioned approx. 14 km South West of Toowoomba, bordering the growing township of Wyreema & minutes to the Toowoomba Wellcamp Airport.

• Two large homes.

• Quality infrastructure to suit horse, cattle or cropping enterprise.

• Three phase power.

• Five lined stables with tack room.

Price on Application

• Seven day shelters with stables.

View by appointment

• Two stallion yards with stables.

sue.edwards@elders.com.au

• Round yard, wash bay.

• One large spelling yard with shelter.

• 24m x 16 m Machinery/Hay Shed plus 23m X 13 m work shop with 3 phase & single phase power & concrete flooring.

Sue Edwards 0437 377 988 Errol Bartkowski 0408 626 431 errol.bartkowski@elders.com.au Elders Toowoomba eldersrealestate.com.au/688673

• Plentiful water - two bores, 107 000 litres of water tanks.

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Elders Estates.

‘BENGALLA STATION’ 3892 Kildonan Road, YELARBON, QLD 2,519 HA / 6,225 AC Picturesque Dumaresq River Country • Soft grazing country with 7km of River frontage and extensive loamy river flats.

• 45 km East of the major regional centre of Goondiwindi.

• All necessary infrastructure including elevated grain storage, homestead, quarters second house, sheds and excellent fences and cattle facilities.

‘Bengalla Station’ has been highly improved in recent years. The property has been

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transformed into a quality grazing holding with improved pastures and extensive modern structural improvements. Dual bitumen frontage offers good access to livestock markets, feedlots and abattoirs. The quality soft river country is currently exhibiting fence-high grass and excellent improved sub-tropical grass pasture. The vendors have been running approx. 500 Angus breeders and growing the progeny to feedlot weight.

There is an established centre pivot and lateral irrigation development. Water entitlements are from a registered gravity catchment dam on Kippenbung Creek and alluvial Bore Water.

For sale as a whole. If not sold then in 4 lots: 1: 1054.6 Ha Approx. – Northern Portion 2: 853.3 Ha Approx. – Central Portion 3: 310.4 Ha Approx. – Homestead 4: 300.7 Ha Approx. – River Block For Sale $900 per ac Venue Goondiwindi Training and Technology Centre View by appointment Clayton Smith 0428 878 523 Elders Goondiwindi 07 4670 0001 eldersrealestate.com.au/684181

Elders Estates.

‘WESTBROOK HOMESTEAD’ 257 FGG Couper Road, WESTBROOK, QLD 23.28 HA / 57.52 AC A renowned property steeped in history.

Located 20 minutes from Toowoomba and 10 minutes to Toowoomba’s new Airport. The property is registered for weddings, homestays, coach party visits and heritage trails.

Classical features include: Bluestone external and internal walls, slate roof, cedar and hardwood timber work, four bedrooms with fireplaces, three bathrooms, spacious banquet room, presidential dining and large billiard room, modern kitchen, original

kitchen and quarters adjacent. Extensive verandahs that overlook the parklike, shaded grounds. Enclosed swimming pool and tennis court. Large fully enclosed machinery shed, two irrigation licences, plus two equipped bores. The property has a large frontage to Westbrook Creek.

For Sale $1,850,000

Westbrook Homestead is a unique historical property, ready for a new venture.

Elders Toowoomba 01 4633 6500

View by appointment Trevor Leishman 0427 598 106 trevor.leishman@elders.com.au Murray Troy 0400 772 210 murray.troy@elders.com.au eldersrealestate.com.au/685874

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Elders Estates.

‘BRANDY CREEK’ 205 Brandy Creek Road, BRANDY CREEK, QLD 62 HA / 153.20 AC Acreage, lifestyle, residence in the Whitsundays/Airlie Beach.

Set on 60.79ha (150ac) you will feel swept away with the beauty and tranquillity this property offers.

Gently undulating paddocks running into scenic mountain rainforest creating your own private retreat.

The home has been architecturally designed to the surroundings and lifestyle the Whitsundays offer.

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Features six bedrooms, three bathrooms, pool, tennis court, plus lots more and plenty of room for the vehicles and machinery.

For Sale $1,490,000 View by appointment Robert Murolo 0418 799 934 robert.murolo@elders.com.au eldersrealestate.com.au/690166

Elders Estates.

NORTHERN TERRITORY

‘STURT DOWNS STATION’ KATHERINE, NT 67,840 HA / 167, 636 AC With all the conveniences of town, the homestead area has 3 phase mains power, landlines, Telstra mobile phone and internet service, all just 40 minutes from Katherine.

• Comfortable homestead complex and staff accommodation.

• 35ha cleared, suitable land systems to expand.

Sturt Downs provides a unique opportunity to secure a larger portion of land, on the main Stuart Hwy, and within close range of Katherine and cattle markets (live and abbatoir).

• Unique combination of size, access and convenience.

• Developed for cattle grazing.

• Area 678.4km2 - 67,840 ha - 167, 636 ac.

• 7 bores and wide range of good seasonal surface water.

Alison Ross 0417 847 950

• May suit: depot, agistment, trading block, export yards.

Elders Katherine 08 8972 3232

• Year round road train access.

• Approximately 11 kms of Stuart Highway frontage.

For Sale $7,500,000 View by appointment alison.ross@eldersrealestate.com.au eldersrealestate.com.au/689343

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Elders Estates.

‘TARLEE STATION’ KATHERINE, NT 59,700 HA / 147,518.70 AC Established breeder property, hay production.

Family owned, developed and run property, with a well-established laneway system running through.

Currently running 4000 head, not at full capacity. 330ha total area cleared with 150ha under hay production. Average 4000 round bales per annum.

Five equipped bores with auto shut off, currently two under conversion to new solar pumps.

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Steel construction cattle yard, vet crush, loading ramp, capacity to work 1000hd comfortably.

Typical Sturt Plateau country with the majority Banjo land system, with some areas of Larrimah and Bulwaddy.

Fencing in good condition with a laneway serving most paddocks. 14 main paddocks with coolers as well as smaller weaner paddocks and clearing around the yards.

• Open plan home, solar power with generator back up. Satellite internet.

• Machinery shed, workshop and generator shed.

For Sale $7,500,000 View by appointment Alison Ross 0417 847 950 alison.ross@eldersrealestate.com.au Elders Katherine 08 8972 3232 eldersrealestate.com.au/690951

Elders Estates.

WESTERN AUSTRALIA

‘DUNMORE’ Governor Broome Road, SCOTT RIVER, WA 845 HA / 2,088 AC ‘Dunmore’ is located 130km south of Bunbury Regional Port and 75km east of WA’s famous wine and tourist centre, Margaret River.

• 60 stand Bomatic Rotary Dairy with latest technology features completed 2009.

• 1.0GL water licence.

Adjoining ‘Milyeanup’ property of 1,150ha is provides opportunity for a substantial diverse, versatile combined beef-dairy operation.

• Presently milking approximately 550 cows with 450 followers.

• 3 residences and 2 accommodation unis.

Price includes livestock, hay, silage, grain, plant and machinery and Water Licence.

• 8 x 40 ha centre pivot sites (5 currently in use).

• Substantial machinery / GP shed, hay shed and approximately 200tn capacity fertilizer shed.

For Sale $10,600,000

• 250ha non irrigated pastures.

• 5 stand raised board shearing shed with exemplary sheep yards.

Orest Luzny 0428 932 570

• 1,000mm highly reliable annual rainfall, cool, mild climate.

View by appointment orest.luzny@elders.com.au Elders Manjimup 08 9771 3200 eldersrealestate.com.au/539821

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Elders Estates.

‘MILYEANUP’ 1643 Milyeannup Coast Road, SCOTT RIVER EAST, WA 1,150 HA / 2,843 AC ‘Milyeanup’ is located 53km south of Nannup and 72km east of WA’s renowned wine and tourist centre of Margaret River with bitumen access to the property.

• Well planned property with appropriate infrastructure and impeccably maintained by passionate owners.

• Productive and efficient beef operation currently running 500 cows and calves, 70 joined heifers and 700 trade cattle.

• 5 x 40ha operational centre pivot sites.

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• 704ha non irrigated pastures and 206ha Blue Gums. Lease expiring in 2022.

Sellers’ newly introduced ‘Black Point Grass Fed’ label is available with the sale.

• 1.2GL water licence in a reliable 1000mm average rainfall zone.

Together with the adjoining 845ha ‘Dunmore’ property lies the opportunity for a substantial, diverse, combined beef-dairy operation.

• 9 year old 4 bedroom / 2 bathroom residence, 4 sheds and 2 cattle yards.

• 5 stand raised board shearing shed adjoining with exemplary sheep yards.

As well as breeding and back-grounding, ‘Milyeanup’ is exquisitely suited to providing year round prime grass fed cattle.

For Sale $8,900,000 View by appointment Orest Luzny 0428 932 570 orest.luzny@elders.com.au Elders Manjimup 08 9771 3200 eldersrealestate.com.au/687133

Elders Estates.

HAY 135 Sheoak Drive, HAY, WA 10 AC As you drive beneath a magnificent canopy of spectacular liquid amber trees, the majesty, ambiance and romance of this property is unveiled in all its glory.Reminiscent of a grand early Australian colonial estate, this unique retreat was originally created by a boutique Denmark builder for his family. The amount of planning, precision, quality materials, customised features and expertise that have been invested in the homestead, studios and grounds is imposing.

• 7km from the beautiful country town of Denmark.

• Backs directly onto extensive natural bush reserve.

• Three-hole golf course and landscaped dam with paddle boat.

• Exquisitely designed and hand-crafted timberwork throughout.

• Extensive reticulation, bore, 90,000l r/w/t, GP shed and heavy vehicle access.

• Magnificent customized towering stone fireplaces.

For Sale $1,700,000

• Private bush, water or garden views from almost every aspect.

Jane Bird 0419 531 016

• Two spacious studios suitable for accommodating your guests.

Elders Albany 08 9842 7900

View by appointment jane.bird@elders.com.au eldersrealestate.com.au/678244

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Elders Estates.

GINGIN 669 Cullalla Road, GINGIN, WA 845 HA / 2,088 AC • Executive luxury residence and infrastructure located only one hour north of Perth.

• Lends itself to corporate facilities or a hospitality function centre.

• Sensational virgin bush to enhance the ambience of elite privacy.

• Rammed Earth home with 1200sqm under roof boasting spacious 4 bedrooms with ensuite and 2 additional bathrooms, open plan kitchen overlooking enclosed indoor pool/spa, massive formal lounge with surround sound system and stone fireplace, the cellar of your dreams and an alfresco area that is second to none!

• Totally unique, see it and make an informed decision for yourself!

• For sale with a lease option.

• Motivated seller.

For Sale $1,950,000 View by appointment

• Abundant water all year round solar powered bore and 72,000gal rainwater storage.

• Additional adjoining sheds/storage to accommodate the car enthused entrepreneur.

Kris Teakle 0409 686 626

• Oasis of reticulated and established gardens.

• Large 120ft commercial shed and satellite.

eldersrealestate.com.au/652156

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kris.teakle@elders.com.au Elders Perth 08 9422 2444

Elders Estates.

SOUTH AUSTRALIA

‘LYNDOCH HILLS’ Lots 9 and 11 and Section 3182, Tweedies Gully Road, LYNDOCH, SA 126.24 HA / 311 AC Superbly located between Lyndoch and Tanunda, this is a beautiful part of the world.

Bitumen road access to within 500 metres of the front gate. Superb house sites await with glorious views. This is a majestic property offering grazing hills, big gums, fertile flats, power and dam. This is tightly held country, and it’s harder to find larger parcels that you can build your lifestyle property on.

• Power is on site, bore and dam.

• Superb house sites.

• Sensational Barossa Valley views.

• High rainfall grazing country.

• Suitable for vineyard.

• A blend of flat pastures, rolling hills, big gums.

• Stone ruin cottage and shed.

• Excellent fencing and yards.

• Three titles, 8.09 ha, 77.25 ha and 40.9 ha.

Auction Friday 28th July, 3:30pm Venue The Lyndoch Hotel View by appointment David Cook 0419 837 361 david.cook@elders.com.au Elders Barossa 08 8562 2883 eldersrealestate.com.au/688967 RLA 239205

• Shearing shed, two stands, yards cattle/sheep.

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Elders Estates.

‘PARSONS’ Coolawang Beach Road, WAITPINGA, SA

The coastal land is some of the Fleurieu Peninsula’s most accessible and is only 15 minutes from Victor Harbor and just over 1 hour from Adelaide.

‘Shannon’s Gully’ 32.3 HA / 80 AC Shannon’s Gully leads to a beach formally known by the same name but now more popularly referred to as ‘Sheepies’. This is one of the most unique beaches on the Fleurieu Peninsula. Its sheltered location and easy access by vehicle, make Shannon’s Gully Beach an ideal spot for line fishing, recreation and surfing.

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‘Parsons Point’ 32.3 HA / 80 AC Sweeping views of Parsons Beach to the east, of Kangaroo Island, the Pages on the horizon, and the majestic coastline of the Coolawang to the west. Access to the private end of Parsons Beach is a 300 metre walk away. There is a dam for hobbyists who wish to graze a few sheep or cattle.

both be accessed by two-wheel-drive vehicles. A short distance east of the beach is Dolphins Inlet, where dolphins congregate and whales may be spotted. A dam on this block would provide water for a few sheep or cattle.

For Sale Individual allotments from $950,000 - $1,250,000 View by appointment

‘Sheepies Hill’ 34.8 HA / 86 AC

Paul Clifford 0427 796 144

Sheepies Hill share’s direct access to the eastern end Shannon’s Gully (Sheepies) Beach. The higher reaches of Sheepies Hill have panoramic views of the beach and the coastline, which can

paul.clifford@elders.com.au Elders Victor Harbor 08 8555 900 eldersrealestate.com.au/642619 RLA 62833

Elders Estates.

‘BANKSIA’ 227 Possinghams Road, NARACOORTE, SA 648.21 HA / 1,601.72 AC • Absolute prime grazing and warm breeding property currently stocked with cattle and sheep.

• Property used as prime lamb production, wool, hay, cattle and renowned ability to finish off prime livestock.

For Sale $3,522,000

• Located in a 550-600mm rain fall belt with underground water – fantastic natural resource.

• Improvements including four bedroom two bathroom homestead with a cellar, two stand shearing shed, cattle and sheep yards.

grant.schubert@elders.com.au

• Gently undulating fertile loam’s to heavy loams over RED clay’s (Terra Rossa).

• Well portioned healthy large majestic red gums providing shade and winter protection.

View by appointment Grant Schubert 0429 077 033 eldersrealestate.com.au/670892 RLA 62833

• Close proximity to Naracoorte and within a tightly held, blue ribbon area.

• Numerous out buildings and hay shed, all gates in good order and fencing in stock proof condition over the whole.

Experience.

Real Estate

25

Elders Estates.

‘KATTAMURRA WATERS’ 3127 Kingston Road, LOXTON, SA 20 AC Kattamurra Waters is a truly rare and outstanding property set on the river. Tucked away behind its 16 acre vineyard, this ecofriendly estate boasts the most impressive sweeping views where the mighty Murray River meets Katarapko Creek and a huge 148m of river frontage.

describe how you feel when you walk down the intimate sweeping pathway and catch your first glimpse of this botanic paradise.

For Sale $1,250,000

At the riverfront there is 240v power to connect a houseboat or to run the riverside camp ground.

robert.redman@elders.com.au

Virtually all rooms of the homestead feature large windows with river and stunning garden views.

The location of the property gives the feeling you are miles from anywhere, but you are only approx. 5km from the Loxton shopping centre and 2.5 hours from Adelaide.

Elders Riverland 08 8584 3966

The gardens are some of the best maintained in the Riverland. Words cannot adequately

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eldersrealestate.com.au

View by appointment Robert Redman 0418 852 191 Russell Drechsler 0432 535 832 russell.drechsler@elders.com.au eldersrealestate.com.au/687091 RLA 62833

Elders Estates.

VICTORIA

‘BIRDWOOD ESTATE’ 152-200 Bluff Road, ST LEONARDS, VIC 17.4 HA / 43 AC ‘Birdwood Estate’ is situated in the blue ribbon heart of the prestigious Bellarine Peninsula.

• Magnificent 43 Acres Zoned General Residential Schedule 1.

• Prime Rezoned Development Site.

• 43 Acres (17.4Ha) of elevated undulating land, identified for broadacre residential development.

• Town water and power connected.

• 10 mins Portarlington (Ferry Service), 20 mins Queenscliff (Ferry Service), 25 mins Geelong, 40 mins Avalon Airport, 75 mins Melbourne CBD and International Airport.

Expressions of Interest Closing Friday 11th August, 5:00pm View by appointment Ken Drysdale 0409 195 470 ken.drysdale@elders.com.au Elders Geelong 03 5225 5000 eldersrealestate.com.au/690104

• Residential St. Leonards a few hundred metres to Port Phillip Bay.

Experience.

Real Estate

27

Elders Estates.

‘OVERDRAFT AGGREGATION’ MULLALEY, NSW

RECENTLY SOLD

1,511 HA / 3,734 AC This prime agricultural cropping country, was passed in at auction for $9,600,000, before selling shortly after for an undisclosed figure to an outside district purchaser. Overdraft is located in the Liverpool Plains, an area renowned for reliable rainfall and its rich basalt soils suited to summer and winter cropping. Approx. 95% arable dryland cultivation, well improved with large grain storage capacity with three grain sheds, 21 silos, shedding, workshops, five equipped bores, shearing shed and cattle yards.

Comfortable living with a homestead plus two other homes.

SOLD Ian Mcarthur 0429 431 519 ian.mcArthur@elders.com.au Richard Gemmell 0428 164 672 richard.gemmell@elders.com.au eldersrealestate.com.au/687007

‘MT MARGARET AND KIHEE STATIONS’ COOPER CREEK BASIN, SW QLD 634,759 HA / 1,568,523.65 AC An outstanding sale of prime grazing land.

• Fertile/drought resistant land.

• Excellent mix of sweet, Mitchell grass open and shaded plains, red pebbly soils, flooded water courses and sweet mulga country.

• Natural organic producer.

• Good improvements/extensive plant.

SOLD Dick Allpass 0417 070 418 dick.allpass@elders.com.au

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eldersrealestate.com.au

Elders Estates.

‘AKERINGA’ 559 Cowans Road, BRAY, SA 541.88 HA / 1,339 AC The successful sale of Akeringa resulted in a price which greatly exceeded vendor expectations. Sold at auction with competitive bidding, in front of a large crowd of interested buyers and spectators. Located approximately 30km from Robe on the corner of Frog Island Road and Cowans Road at Bray, Akeringa has been tightly held in the same family for over 60 years. Akeringa has been successfully run as a grazing/ breeding property with the ability to finish off prime livestock including prime lambs, fattening of steers and wool production. Situated in a high rainfall area and with the security of artesian water, Akeringa is a safe, secure and highly regarded property.

SOLD Grant Schubert 0429 077 033 grant.schubert@elders.com.au eldersrealestate.com.au/687748 RLA 62833

‘MYSTERY HILLS’

‘BULGANA’

1798 Lookerbie Circle Road, THANGOOL, QLD

1884 Old Naracoorte, BRAY, SA

911.96 HA / 2,253.45 AC

468.22 HA / 1,157 AC

Rich fertile softwood scrub block, consistently running weight for age carcase, ‘Mystery Hills’ is premium fattening country with heavy carrying capacity.

SOLD Virgil Kenny 0427 334 100 virgil.kenny@elders.com.au Baden Lowrie 0427 172 158 baden.lowrie@elders.com.au eldersrealestate.com.au/687168

‘Bulgana’, which has been tightly held in the Bullock family for over 37 years achieved an outstanding auction result. The property has an excellent balance of soil types providing opportunity for a diversity of enterprises including ability to finish off prime livestock including prime lambs, fattening of steers and wool production.

SOLD Grant Schubert 0429 077 033 grant.schubert@elders.com.au eldersrealestate.com.au/687754 RLA 62833

Experience.

Real Estate

29

Elders Estates.

‘ROSCOE PARK’ 685 Sutherlands Creek Road, ANAKIE, VIC 289.35 HA / 715 AC Roscoe Park is a magnificent Geelong district rural property. Situated in a tranquil location in a tightly held and capital appreciating region, it’s an outstanding productive land bank investment.

• 715 Acres (289.35 Ha) of prime productive cropping & grazing country, 90% arable.

Approx. 600 acres of barley and oat stubbles, five titles, double creek frontage.

• Four bedroom period weatherboard home (Circa 1905), garaging and outbuildings in park land setting.

• Three stand woolshed and large yards, substantial farm shedding.

SOLD Ken Drysdale 0409 195 470 ken.drysdale@elders.com.au eldersrealestate.com.au/632517

‘GRANVILLE’

‘BARWON HEIGHTS’

416 Lowries Road, BARALABA, QLD

65 Atkins Road, WINCHELSEA, VIC

1,964.39 HA / 4,854 AC

409.89 HA / 1,012 AC

Ideal bullock finishing block or stud operation.

SOLD

Renowned for producing weight for age bullocks. Highly improved and centrally located to take advantage of all markets.

Virgil Kenny 0427 334 100

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eldersrealestate.com.au

virgil.kenny@elders.com.au eldersrealestate.com.au/685314

Impressive rural holding with 360 panoramic views, on 10 titles of highly productive elevated country.

SOLD

Ideal for horses, cattle, sheep, cropping and hay production.

Ideally located 65 minutes from Melbourne along the Princess Highway.

eldersrealestate.com.au/683121

Ken Drysdale 0409 195 470 ken.drysdale@elders.com.au

AUSTRALIAN SHEEP & WOOL ANNUAL REVIEW JULY 2017 - EXTRACT

Elders Estates.

Sheep and wool industries in Australia have had a strong first half of 2017 with exceptional prices for lamb, mutton and wool fuelled by strong export demand and a reduced flock limiting production levels. The Australian sheep flock is expected to increase in 2017 which should prompt production growth for sheepmeat and wool. Demand is expected to continue to grow, providing support to prices.

Australian lamb and mutton indicator prices Australian mutton prices are trending

18% 43% 8.7%

higher than 2016

higher than 2016

700

Australian lamb slaughter is trending

600

c/kg cwt

Australian lamb prices are trending

lower than 2016

500 400 300 200 Jan-15 Jul-15 Jan-16 Jul-16 Jan-17 Jul-17

Chance of above median rainfall from July to September

Lamb

Mutton

Seasonal conditions in the first half of 2017 have generally been drier and warmer than average. The Bureau of Meteorology is predicting neutral conditions in the Pacific Ocean, however the outlook for southern Australia is for a drier and warmer winter and spring. This is driven by the Indian Ocean Dipole moving towards a positive state which is associated with below average rainfall in southern Australia.

Eastern market indicator and Western regional indicator wool prices

Source: Bureau of Meteorology (BoM)

10%

in the first half of 2017

Australian wool production expected to reach

The value of wool exports is trending

tonnes in 2016/17

higher than 2016

341,000

23%

c/kg cwt

The Eastern Market Indicator rose

1700 1600 1500 1400 1300 1200 1100 1000 900 800 Jan-15 Jul-15 Jan-16 Jul-16 Jan-17 Jul-17 AWEX EMI

For banking enquiries: P 1300 660 112 W ruralbank.com.au P 1300 618 367 W eldersrural.com.au/finservices

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This report is intended to provide general information on a particular subject or subjects and is not an exhaustive treatment of such subject(s). The information herein is believed to be reliable and has been obtained from public sources believed to be reliable. Rural Bank Limited, ABN 74 083 938 416 AFSL /Australian Credit Licence 238042 make no representation as to or accept any responsibility for the accuracy or completeness of information contained in this report. Any opinions, estimates and projections in this report do not necessarily reflect the opinions of Rural Bank and are subject to change without notice. Rural Bank have no obligation to update, modify or amend this report or to otherwise notify a recipient thereof in the event that any opinion, forecast or estimate set forth therein, changes or subsequently becomes inaccurate. This report is provided for informational purposes only. The information contained in this report does not take into account your personal circumstances and should not be relied upon without consulting your legal, financial, tax or other appropriate professional.

Experience.

Real Estate

31

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PRODUCT FEATURES • 100% funding for livestock trading • Deferred funding costs – pay when stock is sold • Take advantage of seasonal conditions • Flexible funding terms - up to 12 months • Fast and simple application process For more information contact your local Elders branch or stock agent or call Elders Agri Finance on 1300 618 367

Terms, conditions, fees, charges and credit assessment criteria apply. You should seek advice on the appropriateness of products in relation to your particular circumstances.

Products are distributed by Elders Rural Services Australia Limited ACN 004 045 121 and issued by StockCo AgriCapital Pty Limited ACN 604 825 747.