Nelson Yap, Australian Property Journal

Blue-ribbon grazing property Knockdown Park has sold for $6.25 million to a family with grazing interests in the area.

Packhorse Pastoral Co has forked out $30 million to acquire large-scale Roma district property Stuarts Creek and cattle, in one of the Maranoa region’s largest single grazing asset transactions, as it embarks on a five-year mission to grow the cattle and carbon fund to $1.5 billion.

Shenhua Watermark Coal has moved to sell off its Liverpool Plains landholdings with expectations of $120 million after the New South Wales government paid the company to give up its mining licence. They comprise three aggregations, Breeza, Tambar Springs and Barraba, covering a combined 16,570 hectares in the north west’s Gunnedah region.

One of the only licensed freshwater aquaculture properties in North Queensland has entered the market and is expecting offers in excess of $4 million. The 80-hectare Ausgold Aquaculture property, that sits 45km outside of Townsville, is a supplier for major fish markets, restaurants and supermarkets across the countries east coast.

Rural Funds Group (ASX: RFF) has launched an equity raising, as the group bets on macadamias, cattle and water in central Queensland. Rural Funds Group is looking to raise $100 million, at an issue price of $2.47, through a fully underwritten 1-for-8.4 accelerated non-renounceable entitlement offer.

Australia's northernmost pastoral property, Bramwell Station, has been put up for sale amid heightened demand for domestic travel and some of the best seasonal and market conditions seen in living memory. Located 240 kilometres south of the tip of Cape York, Bramwell Station spans 131,900 hectares and is the last stop before the tip of Cape York and at the start of the famous Old Telegraph Line four-wheel-drive track.

Shortly after its recent merger with Centuria Capital Group and the sale of the Vitalharvest Freehold Trust, Primewest has launched a new wholesale unlisted agricultural fund that will be seeded with a $53.9 million almond farm in the Riverina region, offered as part of the Western Rosella farming portfolio.

One of the sunshine state’s largest agribusiness properties, Croydon Station, spanning nearly 60,000 hectares, has been sold for a speculated figure of around $80 million in the sector’s latest blockbuster deal ... “We fielded around 40 enquiries from buyers, which resulted in 10 inspections and seven tenders, which is very significant in this price bracket,” Pat O’Driscoll said.

Australian agriculture is set to become a $100 billion industry by 2030, though positive conditions will need to be backed up by increased investments. According to NAB and Agrifutures Final Report on the capital needs of the industry, the $63.3 billion agribusiness sector is on track to meet the $100 billion target set by the National Farmers’ Federation.