Sunday, November 28, 2021

Bulgoo sale sets district record

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A grazing family from south-eastern NSW has picked up diversified grazing and farming aggregation Bulgoo for a district record for $13 million, at a rate of $621 per hectare bare.

Bulgoo includes the 20,915-hectare Bulgoo, and the 29,000 hectare The Meadows in the state’s Western Division.

The sale included the large carbon project that bring $1 million annually and runs until April 2025.

David Russell from Landmark Russell said managed the sale for vendor Peter Yench.

The purchasers were looking further west for grazing country for goats and Dorper sheep. Bulgoo can carry 10,000 DSE and has been running 2,300 Australian White ewes and progeny, and 10,000 farmed and rangeland goats.

Country is flat to slight undulating to Mount Windock Range and includes flood-out box flats. Sandy loam grows a variety of natural herbages and grasses, scattered blue box and natural salt bush.

The entire holding is watered by 40 earth dams, five bores and seasonal waterholes, while the Buckanaroon Creek runs stretched through the property for about 20 kilometres.

The 10,000 rangeland goats and farming and station plant at the property will be sold in the coming weeks at a clearance sale.

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