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Damned dam a blessing
Serena Kirby. Steve Birkbeck’s 20 million-litre dam at Wentworth Road became a watery asset during the recent bushï¬re. A constant stream of helicopters and ï¬re trucks drew many millions of litres from the dam. Once a controversial feature, the dam is said to have enabled dozens of properties to be saved.
Wyan sawmill sold, unlikely to operate again
The timber mill at Wyan has been sold. The Tarmac Sawmilling site on Tenterfield Rd went into liquidation last July and recently sold. The Tarmac Sawmilling Pty Ltd parent company is in South Australia and a staff member there said the mill was forced to close after the 2019 bushfires.
TSRA gives up control of Native Title in the Strait
Traditional Owners and Prescribed Body Corporates will take control in delivering all Native Title services in the Torres Strait from July 1 when Gur A Baradharaw Kod Torres Strait Sea and Land Council (GBK) is recognised as the Native Title service provider. The Torres Strait Regional Authority will cease being the Native Title Representative Body and stop providing Native Title services on June 30. Minister for Indigenous Australians Ken Wyatt said it was the right time to transfer Native Title services.
Murdoch son-in-law buys cattle station with carbon potential
Rupert Murdoch’s son-in-law and former News Corp executive Alasdair MacLeod has emerged as the buyer Paradise Creek Station in Inverell, intending to take advantage of its carbon sequestration potential ... MacLeod’s Wilmot Cattle Company breeds beef cattle while also sequestering carbon in the soil at its properties. It sold $500,000 in soil carbon credits to Microsoft last year.
French-backed group midas touch for Golden Plains
TagEnergy has signed on as an equity investor to the $3 billion Golden Plains Wind Farm project, which is set to become biggest wind farm in the country and the hemisphere. TagEnergy has signed on as an equity investor to the $3 billion Golden Plains Wind Farm project, which is set to become biggest wind farm in the country and the hemisphere. Set to be located on a 16,000-hectare site in Rokewood, 133km west of Melbourne and around 66km outside of Geelong, the project will be built over two stages and will include a 1,300MW windfarm, with 217 turbines and a 300MW big battery.
Liquidator brings Albury pub offering to thirsty market
The freehold of the five-storey heritage-listed New Albury Hotel has been offered for sale with a long-term lease to Australia’s second-largest pub operator, Australian Venue Co, is the latest border town venue to hit the market.
VGNSW: Clarence Valley property values up 30 per cent
Geoff Helisma. “The total land value for the North Coast NSW region increased by 28.7 per cent between July 1, 2020, and July 1, 2021 – from $89.3 billion to $115.5 billion”, Valuer General NSW writes in its January 18 report.
Is this the future of Cape station?
With Queensland adding a new national park to its collection with the purchase of The Lakes, a former grazing property north of Hughenden, there are thoughts that Bramwell Station in Cape York could be the next in line. Last year, Bramwell Station was thought to have been sold to the state government for around $11.5 million, but the deal fell over at the eleventh hour as both parties did due diligence on the sale.
Yanchep records big increase in median rent in January
Yanchep was one of five suburbs to record the biggest increase in median rent during January, according to the Real Estate Institute of Western Australia.
Major property purchase to become Queensland’s newest national park
A massive, stunningly beautiful former grazing property will soon belong to Queenslanders as the state’s newest national park. “The Lakes”, north of Hughenden, will increase Queensland’s protected area estate by 35,300 hectares, with the Palaszczuk Government now finalising the multi-million-dollar purchase.
Castlemaine family loses everything
Kelly and Dustin’s rental property in Castlemaine became unliveable after the floods last Friday ... Many other locals and businesses in Castlemaine experienced loss and damage due to the severe weather front last Friday and local council has been working closely with affected residents and local emergency service team to assist.
Homestead in new hands/Dartmoor Homestead sold
Gabrielle Duykers. A 180-year-old homestead in the heart of Naracoorte will undergo repairs and a revamp before it begins its new life as a bed and breakfast. Dartmoor Homestead was built in four stages between 1842 and 1890. The three-acre property is home to Naracoorte’s first dwelling – a small cottage nestled behind the homestead – built by George Ormerod in 1840.
Work continues on storm recovery
Hepburn Shire Council is continuing to support recovery efforts in the community following a thunderstorm that damaged homes and property in and around Creswick and Clunes on 5 January. “The intensity of this storm caused widespread damage to homes, farms and public land in the west of our Shire. Our preliminary estimates are around $10m of damage to Council assets alone, and around $25m damage to crops” : Hepburn Shire Mayor, Cr Tim Drylie.
Anyinginyi angered by gym eviction
Anyinginyi Health Aboriginal Corporation is calling out the behaviour of the Barkly Regional Council (BRC) for the eviction of the Corporation from the Sport and Recreation Centre. The town’s sole gym was built by Anyinginyi, maintained and operated for two decades on Purkiss Reserve. Anyinginyi Board Chairperson Ross Williams said the actions of Council are a repudiation of the Barkly Regional Deal’s intent to work together, co-operatively in the interests of the community.
Rinehart offloads cattle stations for $60m plus
Billionaire Gina Rinehart is nearing the end of a $300 million sell-down of cattle properties across northern Australia, after selling the Willeroo and Aroona stations for over $60 million.
Crops yield strong farmland returns
Australian farmland returns continued to outperform, coming in at 12.72% in the 12 months to the end of September, boosted by very strong annual crop farmland numbers. According to the latest quarterly Australian Farmland Index compiled by the Asian Association for Investors in Non-Listed Real Estate Vehicles, income contributed 6.06% and appreciation return 6.38% to the result.
Pandemania and the Bexhill Quarry Parklands
It's worth reflecting on what-just-was: wave after wave of pandemania. Snap lockdowns and travel restrictions were for some, a form of forced minimalism ... The antidote of course is to find our social focus again, re-acquaint ourselves with community activities, get out of forced hibernation and meet the real world ... ranked up there with hidden Hinterland beauty spots is the spring fed waterhole of the old Bexhill Quarry.
One of the town’s oldest pubs is sold to a local
With her brother John Bligh and Allan Michael, nine years ago Mary Bligh had her sights set on turning the Commercial into a true local pub with no pokies, “bloody good food” and live music featuring local talent. And she did.
Farmers buy Western District net zero aggregation from US giant
US-backed agricultural investment firm Laguna Bay is selling the Woorndoo Aggregation broadacre cropping portfolio in Victoria’s Western District for about $70 million to two local farming families. It marks the next step in Laguna Bay’s selldown of its Australian assets, arriving one year after it offloaded Banongill Station, also in the Western District, for $80 million to a consortium of local farming families.
Forrest snaps up Australia’s best boutique hotel
Mining billionaire Andrew “Twiggy” Forrest and his wife Nicola have expanded their lifestyle portfolio, with the Margaret River’s Cape Lodge Hotel the latest acquisition for their investment firm Tattarang.
Buyers expand with Yanna Station
The 21,124-hectare Yanna Station in south western Queensland has sold for $7.31 million to Michael and Tracey Flynn from Valera Vale, who are expanding their operations. The buyers run a core stud herd of 1,200 Droughtmasters on properties at Milbong, Munbilla and Mt Mort, and between 3,000 and 4,000 stud and commercial Droughtmasters at Valera Vale.
Wanditta Station bought by Shaw family
The Shaw family of Wanditta Station has bought the neighbouring Mitchell Park property for $8.4 million. The 1,240 hectare Central Queensland property consists of buffel grass country and 2,040 megalitres of water entitlements, while there is irrigation water over three licences, and 1,350ML capacity from the Retro and Sandy Creek dams in the Fitzroy River Basin and potential to build further dam storage infrastructure.
