Melbourne developer Spacious Group has completed Voyage Altona, one of the closest new apartment developments to Altona Beach.

Off the plan purchasers have started moving into the 49-apartment project on Pier Street, with the remaining move-in-ready one-, two- and three-bedroom apartments starting from just over $500,000.

Display apartments have now been fitted out, allowing prospective buyers to inspect the completed residences by appointment.

[smartcode_project:default project_id=112195 project_image_fid=372638]

The completed apartments feature open-plan living and dining areas which extend onto private balconies and terraces, while full-height glazing maximises natural light throughout the interiors.&nbsp;

Hybrid timber-look flooring, stone benchtops, Miele appliances, porcelain-tiled bathrooms and generous storage feature throughout the building which also features landscaped communal areas, expansive shared terraces, lift access and secure on-grade parking.

Drawing inspiration from its bayside setting, Voyage adopts a restrained palette of warm neutral tones and textured finishes. Many of the apartments take advantage of views across Port Phillip Bay, while the indoor-outdoor living spaces have been designed to make the most of the coastal outlook.

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Voyage was developed to address what Spacious Group identified as an undersupply of higher-quality apartment product in Altona, with a focus on owner-occupiers looking to remain within the bayside community.

"Voyage responds to very strong local buyer demand for quality, owner-occupier-focused product," says Barry Plant Projects Director Jarrod Farey, who has handled sales since the project's launch.

"The project delivers an elevated lifestyle proposition, with its design and quality of finish far exceeding anything previously produced in the area, as well as its proximity to Pier Street Village and the beach."

The majority of purchasers have been local downsizers and owner-occupiers looking to stay within the Altona community but who previously had limited opportunities to buy a brand-new apartment.

[smartcode_project_cta:default project_id=112195]

Joel Robinson

Spacious Group completes Voyage Altona in Altona's beachside precinct

Homecorp has secured approval for a $360 million apartment development at Budds Beach, paving the way for one of the Gold Coast's most amenity-rich residential projects to launch later this year.

Gold Coast City Council has approved Lýon Residences, a 32-level tower that will deliver 178 two and three-bedroom apartments across a prominent corner site at 8-10 Acacia Avenue and 25-27 Oak Avenue.

The approval comes as developers continue to invest in premium lifestyle-driven apartment projects on the Gold Coast, where owner occupiers are increasingly prioritising amenity as much as apartment size and location.

<a href="https://www.apartments.com.au/new-apartments/l-on-residences-25-27-oak-avenue-surfers-paradise-qld-4217">Lýon Residences</a> has been designed around a resort-style wellness offering, headlined by a Moroccan-inspired spa precinct featuring treatment rooms, a Nordic sauna and steam room, hot and cold plunge pools, a soaking pool and a residents-only juice bar.

The rooftop will include a heated infinity pool and spa, residents' lounge with private kitchen and bar, gymnasium, yoga and Pilates studio, outdoor entertaining areas and barbecue facilities overlooking the Surfers Paradise skyline.

<img alt="Lyon" data-entity-type="file" data-entity-uuid="2d3e29af-8793-486e-a684-52cef862241f" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-07-15%20at%204.32.26%E2%80%AFPM.png?VersionId=ayG2zpLf3SS6Zy8XmKDcQods4kVWb0gm" />

Homecorp Founder and CEO Ron Bakir said Budds Beach provided the ideal location for the company's latest luxury apartment project.

"Budds Beach represents one of the most unique and sought-after pockets of the Gold Coast, and Lýon Residences has been designed to reflect that sense of rarity and refinement," Bakir said.

The project arrives as wellness continues to become a defining feature of new residential developments both in Australia and internationally.

The latest Global Wellness Institute figures show wellness real estate remains the fastest-growing segment of the global wellness economy and is forecast to exceed $1.8 trillion by 2030. Australia continues to rank among the world's 15 largest wellness real estate markets, with developers increasingly integrating health, recreation and community facilities into apartment projects.

Queensland is also experiencing strong population growth, with the Gold Coast continuing to outperform many other Australian cities as demand for new housing remains elevated ahead of the 2032 Olympic and Paralympic Games.

Bakir said the project had been designed to respond to that shift in buyer expectations.

"Strong population growth and sustained demand across the Gold Coast continue to highlight the need for well-designed new housing supply. Lýon Residences responds directly to this demand while setting a new benchmark for residential living," he said.

Each apartment has been designed to maximise views across the coastline, the Nerang River and the Gold Coast hinterland.

Located just minutes from Surfers Paradise beach and the Broadwater, the development also offers easy access to the light rail network, Broadbeach and Burleigh Heads.

Early site works are underway, with construction expected to commence later this year.

Homecorp approved for Budds Beach apartment tower, Lýon Residences

New apartment developments with uninterrupted, north-facing views over Perth's Swan River are exceptionally rare.

Recognising just how limited those opportunities are, <a href="https://www.apartments.com.au/developers/edge-visionary-living">Edge Visionary Living</a>, one of Perth's most respected builder-developers, targeted <a href="https://www.apartments.com.au/developments/applecross-wa-6153">Applecross</a>, assembling an unrepeatable 6,342 sqm riverfront site on the corner of Moreau Mews and Canning Beach Road to create one of Perth's only new north-facing apartment developments directly overlooking the Swan River.

Today, <a href="https://www.apartments.com.au/buildings/riviere-residences-applecross-59-canning-beach-road-applecross-wa-6153">Rivière Residences</a> offers buyers a unique opportunity to choose between completed residences ready to move into now and off-the-plan homes in the final stage, Rivière West.

[smartcode_project:default project_id=28384 project_image_fid=3823]

Across the completed East and Central buildings, residents are already enjoying the development's luxury amenity, while two of the precinct's hospitality venues are now open.

The completed component of the development gives buyers the advantage of experiencing the finished product firsthand, including its uninterrupted river views, while still having the opportunity to secure a residence in the final stage.

"People are wowed by the view and the quality of the apartments,"&nbsp;Edge Visionary Living Sales Executive, Holly McSweeney, says.

"They're looking for the convenience of lock-and-leave living, but they're not looking to downsize on quality."

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The rarity of the development hasn't been lost on prospective buyers, McSweeney says.

For McSweeney, it all comes back to a location that is becoming increasingly difficult to replicate.

"Location, location, location," she says. "We are nestled right on the front of the Swan River. You can never get built out, so wherever you are in Rivière Residences, you've got views of the river forever."

The unique waterfront position has resonated particularly strongly with local downsizers. McSweeney says many buyers are long-time Applecross residents looking to transition from large family homes into a luxury apartment without sacrificing space, quality or the lifestyle they've enjoyed for decades.

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen="" frameborder="0" height="315" referrerpolicy="strict-origin-when-cross-origin" src="https://www.youtube.com/embed/N_FowNW0wu8?si=vb25XFq1wZ-iufAW" title="YouTube video player" width="560"></iframe>

A major focus for Edge in recent years has been resident amenity. Across its apartment portfolio, from beachfront developments in Scarborough to luxury towers in South Perth, the developer has increasingly invested in the spaces beyond the apartment itself.

The strategy has largely been shaped by downsizer demand. Many buyers are moving from large family homes with swimming pools and established gardens. While they're looking to leave the maintenance behind, they don't want to compromise on lifestyle.

At Rivière, <a href="https://www.apartments.com.au/architects/hillam-architects">Hillam Architects</a> designed the resident facilities as an extension of each apartment. A 25-metre heated swimming pool takes advantage of the north-facing river outlook, complemented by a large gym, sauna and steam rooms, private dining spaces, residents' lounges, a cinema, games room, and dedicated wine and whisky rooms.

[smartcode_project:default project_id=28384 project_image_fid=372542]

The waterfront location has also proved to be a major drawcard. Residents are within walking distance of the Raffles Hotel, South of Perth Yacht Club, the Heathcote Cultural Precinct and the cafés, restaurants and boutiques along Ardross Street.

Beyond the location and amenity, McSweeney says many buyers take confidence from Edge's fully integrated development model.

Having delivered apartments across Perth for decades, Edge now designs, develops and constructs its projects in-house, giving the company greater control over quality, delivery and the finished product.

"What I love is when people walk through their apartment for the first time and say, 'This is better than what we imagined,'" McSweeney says. "We hear that all the time."

Completed apartments in the East and Central buildings are now available to inspect by appointment, while Rivière West, the final stage of the precinct, is expected to be completed in the first quarter of 2027.

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North-facing Swan River views drive demand at Rivière Residences in Applecross

Nearly 60 per cent of apartments at McNab Group's $220 million The Tannery development in Brisbane's West End have sold ahead of the project's public launch, including a suburb-record $2.57 million sale for a two-bedroom apartment.

The early sales campaign has secured buyers for 50 of the project's 87 apartments, highlighting continued demand for larger owner-occupier apartments that combine generous floorplans with premium lifestyle amenities in one of Brisbane's most tightly held inner-city suburbs.

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McNab Group Executive Chairman Michael McNab said selling more than half the project before launch reflected changing buyer expectations.

"Selling more than half the project before public sales open tells us buyers are actively seeking apartments that offer something genuinely different," McNab said.

"Today's buyers are looking beyond four walls. They want homes that genuinely enhance the way they live, with spaces that support health, connection and everyday wellbeing."

[smartcode_project:default project_id=143337 project_image_fid=374767]

A key point of difference for the project is the adaptive reuse of the heritage-listed Dixon's Tannery building, which will become The Retreat, a residents-only wellness precinct rather than being redeveloped into additional apartments.

The Retreat will feature a sauna and steam room, hot and cold plunge pools, a commercial-grade gym, Pilates studio, cinema, library, co-working spaces and private dining room. Rooftop amenities will include a swimming pool, landscaped gardens, outdoor entertaining areas and dog-friendly spaces.

[smartcode_project:default project_id=143337 project_image_fid=374760]

Designed by Cottee Parker Architects with interiors by Tom Mark Henry and landscape architecture by Aspect Studios, The Tannery comprises 87 two, three and four-bedroom apartments across 11 levels overlooking the Brisbane River.

Cottee Parker principal Dee Passenger said preserving the original tannery building had been central to the project's design.

"The easy option would have been to maximise the site's development potential with additional apartments. Instead, McNab has chosen to preserve the original tannery as a shared wellness retreat, ensuring this important piece of Brisbane's history remains at the heart of the community."

Passenger said sustainability also played a key role in the design, with materials from the original industrial site salvaged and repurposed throughout the development.

[smartcode_project:default project_id=143337 project_image_fid=374761]

Motiv CEO Carly Cottam said buyers had responded strongly to the combination of larger apartments, wellness facilities and the West End lifestyle.

"We are seeing more buyers looking for homes in the sky that provide the space and functionality of a traditional home, while benefiting from the convenience and lifestyle that apartment living brings," Cottam said.

She said purchasers included both owner occupiers and investors, with demand coming from local buyers as well as interstate purchasers.

Coinciding with the public launch, McNab also announced a partnership with Queensland Ballet, whose neighbouring Thomas Dixon Centre shares historical ties with the original Dixon family.

Located on a 4,465 sqm site at 439 Montague Road, The Tannery overlooks the Brisbane River and is around 10 minutes from the CBD.

Construction is underway, with completion expected in the second half of 2027.

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More than half of residences sold before public sales as McNab announces significant partnership with Queensland Ballet

McNab's The Tannery nears 60 per cent sold before public release, sets two-bedroom West End record

Iwan Sunito's vision for a landmark mixed-use precinct in Sydney's Inner West has taken a major step forward, with approval granted for the $1.9 billion Five Dock development first unveiled earlier this year.

The approved scheme by <a href="https://www.apartments.com.au/developers/one-global-capital">One Global Capital</a> will deliver an 80,500 sqm mixed-use precinct comprising 840 apartments, integrated hotel accommodation, commercial and retail space, alongside publicly accessible open space designed to create a new destination for the growing suburb.

"This is a significant milestone for One Global Capital and for the future of housing delivery in Sydney," Sunito said.

"The Housing Delivery Authority was established to identify major housing projects capable of delivering meaningful supply more efficiently, and we are delighted that Spencer Street has been recognised as one of those projects.”

He said the declaration reflected the rapid progress achieved since acquiring control of the site.

"In less than seven months we have progressed from taking control of the site to securing entry into one of the NSW Government's most important planning pathways. It reflects the experience of our team, the strength of our consultant group led by Urbis, and our long-term commitment to delivering transformational projects that contribute to Sydney's future."

When the project was revealed earlier this year, Sunito described the opportunity as one of the strongest development sites he had worked on.

"I probably hadn't appreciated the uniqueness of the site until more recently when putting together the concept plans," Sunito said.

"The proximity to the water, and the golf course opposite, is unlike any other part of Parramatta Road. We have a unique position and view corridors over the water that makes this one of the best sites I've worked on."

The development has evolved since its initial announcement, with the approved plans increasing the residential component from the originally proposed 750 apartments to 840 homes while retaining the project's focus on creating an integrated neighbourhood rather than a standalone residential development.

Read more:&nbsp;<a href="https://www.apartments.com.au/news/nsw/a-city-within-a-city-iwan-sunito-flags-1-5-billion-mixed-use-precinct-in-five-dock">"A city within a city": Iwan Sunito flags $1.5 billion mixed-use precinct in Five Dock</a>

The precinct will combine apartments with hotel accommodation, commercial workplaces, retail offerings and public spaces, creating a mixed-use environment intended to serve both residents and the broader Five Dock community. The proposal also continues the collaboration between One Global Capital and internationally recognised architect <a href="https://www.apartments.com.au/architects/koichi-takada-architects">Koichi Takada</a>, whose previous work with Sunito includes Infinity, Arc and Skye North Sydney.

Takada previously said the design was driven by a philosophy of integrating nature into the built environment.

"The concept for this development is born from our design approach to naturalising architecture," Takada said.

"The public realm benefits from biophilic design that integrates generous landscaping, and the development is optimised for natural daylight, airflow and water views to foster wellbeing, sustainability and spaces that foster community interaction."

Sunito has consistently described the project as a "city within a city", with a strong emphasis on creating a destination that extends beyond housing.

"We want to create a development that's not only to be seen, but to be experienced by the whole local community," he said.

The approval comes as Five Dock continues its transformation ahead of the opening of the Sydney Metro West line, with the new Five Dock station set to significantly improve connections between the Inner West, Parramatta and the Sydney CBD.&nbsp;

The precinct will also benefit from its proximity to the Parramatta Road corridor, nearby waterfront parklands and established retail and dining offerings that have made Five Dock one of Sydney's most tightly held Inner West suburbs.

Iwan Sunito secures approval for $1.9 billion Five Dock mixed-use precinct

Dairy Farm

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Hambledon Park, the North Richmond farm, has been sold for $60 million. The 253ha property, 70km north of Sydney, has been bought by Fairway Thoroughbreds businessman John Camilleri, the breeder of Winx.
His acquisition wasn’t equine driven nor for Camilleri’s Baiada Poultry enterprise, which controls the Steggles and Lilydale brands.
Instead it is a long-term residential subdivision opp­ortunity. There is approval for a small rural subdivision of 25 lots, which dates back to 2008. 
But the demand for smaller housing lots in the Hawkesbury municipality has rocketed over the subsequent dozen years.
“Hambledon Park will one day be a new suburb of Sydney,” Cushman &amp; Wakefield selling agent Anthony Bray said.
Any eventual residential development market will follow the nearby successful housing estates including The Ponds, Elara, and The Hills Carmel.
Hambledon Park, the North Richmond dairy farm, initially hit the market with expectations of $120 million to $140 million, but the lack of developer interest saw the price expectations dampened.
The Camilleri family’s Celestino Developments recently sold Stockland, the unbuilt two-thirds of its 293ha masterplanned site, The Gables at Box Hill with the listed developer paying $415 million over seven years.
Bray had expected to see stronger interest from developers, the tertiary education and agricultural industries for Hambledon Park, but the absence of Chinese buyers from the buying mix meant it sold for under its $120 million expectations of two years ago.
The property was a 1200-cow dairy farm at its peak after being purchased in 1974 by the Peel family who were a major dairy supplier into Sydney.
More recently it has been a feed lot, along with operating a breeding herd of about 300 black angus cows.
 
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jchancellor-FAypfDUnLy

Hambledon Park, North Richmond farm sold

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GUEST OBSERVATION 
The plight of Australia’s dairy farmers is on the political agenda this week, after One Nation leader Pauline Hanson narrowly failed in her Senate bid for a minimum milk price. But getting fair payment for their goods is far from the only challenge dairy farmers face.
Pressure has been mounting on the industry for the past decade. Existing milk alternatives are growing their market share, helped by a rise in veganism and public concern around animal welfare. The agriculture sector is under pressure to reduce its contribution to climate change, and technology advances mean milk may one day be produced without cows at all.
All this has been compounded by devastating and prolonged drought. So here’s the full story of the hurdles farmers face, now and in the future, to get milk into your fridge.
Fluctuating farm gate price
The rate at which processors pay farmers for milk is known as the <a href="https://www.dairyaustralia.com.au/industry/prices/farmgate-milk-price" target="_blank">farm gate price</a>. The prices are not regulated and are set by market forces.
In 2016 <a href="https://www.aph.gov.au/About_Parliament/Parliamentary_Departments/Parliamentary_Library/FlagPost/2016/June/Dairy_industry_developments" target="_blank">the milk price crashed</a> when Australia’s two largest dairy processors, Murray Goulburn and Fonterra, lowered the price they would pay from about 48 cents a litre to as low as 40 cents.
This dramatically cut the incomes of milk suppliers. The number of dairy farmers in Australia fell by 600, or 9% <a href="https://www.dairyaustralia.com.au/industry/farm-facts/cows-and-farms" target="_blank">over four years</a>. This exit has been <a href="https://www.theguardian.com/food/2019/feb/24/drought-and-low-milk-prices-push-dairy-farmers-to-the-brink" target="_blank">exacerbated by drought</a>.
Since then, the farm gate milk price has increased and in 2019–20 is <a href="http://www.agriculture.gov.au/abares/research-topics/agricultural-commodities/sep-2019/dairy" target="_blank">expected to be 51 cents per litre</a>, due to a weaker Australian dollar and demand from export markets. But forecast global prices for butter, cheese and whole milk powder this financial year remain below that of previous years.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/11/13/dairy%20milk.jpg" alt="">
Methane, and milk alternatives
Methane and other livestock emissions <a href="http://www.agriculture.gov.au/ag-farm-food/climatechange/australias-farming-future/livestock-emissions" target="_blank">comprise about 10%</a> of Australia’s greenhouse gas emissions.
As the Intergovernmental Panel on Climate Change made clear in its <a href="https://www.ipcc.ch/srccl-report-download-page/" target="_blank">land use report in August</a>, changes must be made across the food production chain if the world is to keep global warming below the critical 1.5℃ threshold. For beef and dairy livestock, this means changes such as land and manure management, higher-quality feed and genetic improvements. Meeting this challenge cost-effectively, while improving productivity, is no small task.
Technology may help in curbing greenhouse gas emissions from cows, but it also threatens to replace the dairy industry altogether. Advances in biotech may enable liquid analogous to milk to be <a href="https://theconversation.com/lab-grown-dairy-the-next-food-frontier-117963" target="_blank">produced through bioculture systems</a>, <a href="https://www.nationalgeographic.com/news/2014/10/141022-lab-grown-milk-biotechnology-gmo-food-climate/" target="_blank">without a cow in sight</a>.
Elsewhere, the rise of plant-based alternatives derived from soybeans, almonds, oats and other sources threatens traditional milk products. This can partly be attributed to increasing numbers of people adopting a vegan diet. 
Taking calves away from cows
For a mammal to produce milk, it must usually become pregnant and produce offspring. Female calves generally go into a farm’s pool of replacement animals, while male dairy calves are sold.
Pure-breed male dairy calves do not naturally lay down a lot of muscle and so do not generally make good beef livestock. Many are sent to the abattoir for slaughter, typically between 5 and 30 days of age. This practice has prompted welfare concerns and means the industry must carefully manage the handling and transport of vulnerable young calves.
Potential solutions include artificial insemination of cows using only semen that will produce female calves. The use of this technology is limited because it reduces conception rates.
There is also growing public concern about the separation of cows and calves not sent to the abbatoir. The calves are typically taken within the first 12-24 hours and reared together in a shed, where they are fed milk or milk replacer. This is thought to maximise the amount of saleable milk and minimise disease transfer from cow to calf, <a href="https://www.animalhealthaustralia.com.au/what-we-do/endemic-disease/johnes-disease/jd-and-dairy-cattle/three-step-calf-rearing-plan/" target="_blank">particularly Johne’s Disease</a>. However, <a href="https://www.sciencedirect.com/science/article/pii/S0022030219304175" target="_blank">recent research</a> has found <a href="https://www.sciencedirect.com/science/article/pii/S0022030219304369" target="_blank">little evidence</a> to support these practices.
<a href="https://www.sciencedirect.com/science/article/pii/S0022030219304369" target="_blank">Research has shown</a> that calf-cow separation in the first day of life causes lower distress than abrupt separation at a few weeks of age or older, when the bond is stronger. This is not to say that early separation is not a concern. Rather, in the face of consumer demands for certain ethical standards, simple fixes may be hard to implement.
The message for consumers
Challenges to the dairy industry will take time and effort to address. Some, such as drought, are out of farmers’ control. Dry conditions and high cost of water, fodder and electricity have <a href="http://www.agriculture.gov.au/abares/research-topics/agricultural-commodities/jun-2019/dairy" target="_blank">forced farmers to cull less productive dairy cows</a>, leading to a decline in production.
The pressures, and associated debt, create intense stress for farmers, increase family tensions, and have negative flow-on effects throughout rural communities.
Putting aside the political push for a regulated milk price, the key message for dairy consumers is clear. If we want our milk produced in a certain way, we must pay a fair market-based price to cover the costs to farmers of fulfilling our wants.<img src="https://counter.theconversation.com/content/124290/count.gif?distributor=republish-lightbox-basic" alt="The Conversation" width="1" height="1" style="border: none !important; box-shadow: none !important; margin: 0 !important; max-height: 1px !important; max-width: 1px !important; min-height: 1px !important; min-width: 1px !important; opacity: 0 !important; outline: none !important; padding: 0 !important; text-shadow: none !important;">
Andrew Fisher, Professor of Cattle &amp; Sheep Production Medicine, University of Melbourne.
This article is republished from <a href="http://theconversation.com" target="_blank">The Conversation</a> under a Creative Commons license. Read the <a href="https://theconversation.com/the-milk-the-whole-milk-and-nothing-but-the-milk-the-story-behind-our-dairy-woes-124290" target="_blank">original article</a>.
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j.ballantyne1990-6AQqhLzZaK

The milk, the whole milk and nothing but the milk: the story behind our dairy woes

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Bonnie Doon, Gold Coast’s last family-owned dairy farm in Numinbah Valley, has been listed after more than 110 years in the Yaun family.
They have reluctantly decided to sell their five generation farm as they no longer make a living off the land following the deregulation of the dairy industry in 2000.
It was in 2007 when they ceased dairy farming.
It has Lamington National Park on one side and Springbrook National Park on the other.
It has been listed by Ray White Rural Queensland agent Rob Wildermuth, who is marketing the property with Peter Douglas.
Situated at <a href="https://www.realestate.com.au/property-livestock-qld-numinbah+valley-700039442" target="_blank">2325 Nerang Murwillumbah Road</a>, the majority of the property is cleared improved pastures of Kikuyu, Rhodes and clovers. 
At the western edge the 172 hectare holding, the property has around 40 hectares of rainforest.
Located a short drive and school bus to the Gold Coast Private and Public schools at the gate.
Numinbah also has a primary school which is within walking distance.
Instead of dairy cows, Angus and Charolais cows now feed on the improved pastures. 
The home is set to go under the auctioneer's hammer August 2.
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Former dairy farm in Numinbah Valley listed after 110 years 

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Harrisville, an Illawarra region dairy farm - that had been in the same family’s ownership for over 100 years - sold last week for $2,025,000 through Ray White Albion Park agent Rob Linnehan.
It was 162 North Curramore Road which came with expansive views over the Jamberoo Valley, Saddleback Mountain and beyond.
<a href="https://www.raywhite.com/nsw/jamberoo/2065869/?lang=en" target="_blank">The 47 hectare farm</a> is considered high quality heavy carrying country in a high rainfall area.
The property was 70 per cent cleared pasture slopes and balance timbered rain forest.
There was a brick residence and dairy buildings consisting of five bedrooms plus office. 
 
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Jamberoo dairy farm sold for first time in over 100 years

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A 791 acre dairy cow farm in Labertouche, Victoria recently sold for $6.65 million.
It was offered by John Rowe and Evan Broadbent from Harcourts Warragul. 
The farm situated at<a href="https://www.realestate.com.au/sold/property-diary-vic-labertouche-7988614" target="_blank"> 385 Labertouche North Road</a> consists of six titles, with four houses, laneways, fencing, and a state of the art operating dairy cow unit.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/3/5/LABERTOUCHE%202.jpg" alt="">
The dairy cow unit produces an average of 1,175 kilograms milk solids per hectare and on target for 1,250 kilograms of milk solids per hectare this season
Other features of the farm include potable ground water supply, farm dams, and high fertile soils.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/3/5/LABERTOUCHE%203.jpg" alt="">
Located approximately one hour from Melbourne, the property is within close proximity to the Princes Highway and V-Line Railway.
It was sold at $2,165,000 in 1997. 
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Labertouche dairy cow farm sale at $6,650,000

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Billionaire investor Gerry Harvey sold his disappointing Victorian dairy farming venture to the Sydney billionaire father and son combination Tony and Michael Perich.
They have bought <a href="https://regionalvic.eldersrealestate.com.au/rural/sale/coomboona-vic-3629-vic-3629-19224581/" target="_blank">his company’s rural holdings</a> for more than $40 million.
The pair, together with NSW-based dairy operation Moxey Farms, have purchased Harvey Norman’s Coomboona dairies.
It spans a 2000 hectare operation north-west of Shepparton in Victoria, with Goulburn River frontage.
Harvey Norman told the ASX the property had been sold.
The sale price didn't cover full outlay of Harvey Norman’s $75 million exposure.
Harvey Norman took an “impairment loss” of $28.78 million on the venture’s debts in June and said it had recognised a total of $54.01 million in losses in the last financial year.
Harvey Norman put the Coomboona dairies operation on the market in July after the company fell into the hands of administrators Ferrier Hodgson and receivers McGrathNicol, who were appointed by National Australia Bank in March.
Elders’ Nick Myer and Anthony Stevens sold the property which milks about 2500 Holstein cows and produces more than 30 million litres of milk. 
The Perich family has a 54% stake in the listed Freedom Foods which has a Shepparton dairy plant near Coomboona.
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Gerry Harvey sells Victorian dairy farm

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Hambledon Park, the North Richmond dairy farm, has hit the market with expectations of $120 million to $140 million.
The 253 hectare property, some 70 kilometres north of Sydney near the Hawkesbury River, was originally purchased in 1972 by the Peel family.
It has operated as a major dairy supplier into Sydney.
The property, comprising open and improved pastures, also includes four working cottages.
There was approval for a small rural subdivision of eight lots no less than 10 hectares each, and more recently in 2008 the subdivision plan was increased to 25 lots.
Cushman &amp; Wakefield expect to see strong interest from developers, the tertiary education and agricultural industries.
"We expect that the most likely purchaser is an upmarket developer of residential subdivision, and we believe Hambledon Park is capable of competing with neighbouring successful housing estates such as; The Ponds, Elara, and The Hills Carmel," agent Anthony Bray said.
 “Properties such as Hambledon Park transact once in a century, and when the site changed hands in 1972, the fundamentals supported agriculture use.
"Today, evaluating comparable land holdings, approval for subdivisions, and future development upside pending approvals, suggests far greater potential land value.”
Bray is marketing the property with James Lincare.
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An estimated 50,000 new residents will move to The Hills over the next 20 years as a direct result of the North West Rail Link as the residential development market has experienced its strongest growth in years driven by availability of stock. 
The Hawkesbury Council aims to deliver 60,000 new dwellings by 2031. 
 
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Hambledon Park, Sydney's $140 million dairy farm, for sale as housing site

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New York-based investment adviser Anchorage Capital Group is set to sell its Victorian and NSW dairy farms.
There are expectations they could fetch $50 million.
The properties include two in the south-west in Victoria, two at Finley, NSW, and one in Gippsland. 
PWC has been appointed to sell the five farms which are milking about 5000 head of cows.
Anchorage purchased the properties over three years from 2014 for about $40 million.
Fairfax Media suggest three or four groups pitched on a tender to sell the dairy portfolio, which is managed and operated by ACE Farming, founded by Jeremy Bayard.
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<div class="cq-article-content-media section">The Australian Financial Review reported that ACE had purchased $15 million worth of farms including Balboora Farm at Finley as well as a large dairy farm at Blighty for a US client in 2017.</div>
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Anchorage Capital Group lists its dairy farms

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There is confidence returning back to the marketplace in dairy regions within south-west Victoria, according to the valuation firm Herron Todd White (HTW).
It noted the regions had "been somewhat removed" from the continuing strong land values in grazing and cropping sectors experience by the majority of the state as a result of the milk price clawback during the 2016/17 season.
"However, on the back of farm gate prices opening higher than initially forecasted and the Murray Goulburn/Saputo transaction now finalised, there is likely to be strong demand for milk and a change in the current milk supply landscape present in the market."
HTW noted similar to other dairying locations throughout southern Australia, corporate interest is again on the rise after being relatively subdued for the previous 12-24 month period.
Enquiry and demand for well established dairy farms had increased with several corporate entities either acquiring or looking to acquire well-established dairy farms situated within close proximity to Cobden and Warrnambool.
"Although the demand has risen, institutional buyers are asset conscious and only well-improved farms are receiving this increased interest," valuer Benjamin Mugavin said.
Farms that are poorly presented or have obsolete dairy infrastructure are receiving little interest in the marketplace.
These are commonly being purchased by large neighbouring farmers wishing to expand, Mugavin explained
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South-west Victoria dairy farms attracting interest: HTW

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Caldermeade Dairy Farm &amp; Cafe, a dairy and tourist attraction in Victoria has been sold through Colliers, price undisclosed.
The property fronts the South Gippsland Highway an features  182 ha - 451 acres freehold and 145 ha - 359 acres leasehold with a 50 unit modern rotary dairy and 82Ml of bore water, 50+ Ml of C Class water plus connection to farm effluent system and an additional 50Ml of temporary bore water.
The site previously had a permit to develop a cheese factory.
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