<a href="https://www.apartments.com.au/developers/capital-corporation">Capital Corporation</a> has announced that its <a href="https://www.apartments.com.au/new-townhouses/lovedale-farm-1054-1184-wine-country-drive-lovedale-nsw-2325">Lovedale Farm</a> residential, resort and golf project has secured $24.6 million in sales in just three weeks since the opening of its display home, underscoring the appetite for premium lifestyle property in the Hunter Valley countryside.

The sales milestone has been driven by a diverse mix of buyers, including owner-occupiers and investors from Sydney, Newcastle and the local Hunter region, purchasing both land-only lots and house and land packages across the development.

<img alt="Lovedale" data-entity-type="file" data-entity-uuid="e173edc9-e60e-4f19-a060-9dc4421a3233" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/LovedaleFarm_20250215-1.jpg?VersionId=1LY6CvOaD.Dzrt8tWpWxXtPyfchixNIo" />

&nbsp;

The result builds on the momentum generated at the display home opening on 22 March, which attracted more than 460 attendees.

With house and land pricing from $1.14 million, Lovedale Farm continues to attract strong interest from buyers seeking a premium lifestyle offering at a compelling price point. The development’s vision, a championship golf course, future epicurean village and access to the Hunter Valley’s celebrated wine country, has resonated with a broad buyer profile, from first-time investors to those looking to make the move and call the Hunter Valley home.

<img alt="Lovedale Farm records $21.4 million in sales in three weeks" data-entity-type="file" data-entity-uuid="b358e789-e1eb-40ed-8105-ed5c8297136f" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/20260321LovedaleFarmDisplayHomeOpening--6.jpg?VersionId=6GUO8TNnxuELONrsM6n9imDB6oc82Bor" />

Jim Hunter, Managing Director of Capital Corporation said the response since opening the display home has been encouraging.

"To reach $24.6 million in sales in just three weeks speaks to the genuine demand for a lifestyle community of this calibre in the Hunter Valley," Hunter says.

"We’re seeing buyers from across the region and beyond, including investors who recognise the long-term value, and owner-occupiers who simply want to live somewhere truly special.

“Lovedale Farm is two decades in the making, and the market’s response is everything we hoped for. We’re excited to see these first buyers become part of the Lovedale Farm story from the very beginning."

<img alt="Lovedale" data-entity-type="file" data-entity-uuid="54d985cf-2ac2-400b-ac02-4401f3421ac7" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/20260321LovedaleFarmDisplayHomeOpening--5.jpg?VersionId=3866bPoqpLZsm.3ACg9EafAr1W3miC_f" />

&nbsp;

Spanning 240 hectares on Wine Country Drive in <a href="https://www.apartments.com.au/developments/lovedale-nsw-2325">Lovedale</a>, the $1 billion development is expected to deliver around 1,250 jobs during construction and inject more than $300 million into the local economy. The first 200 homes and championship 18-hole golf course are anticipated for completion in late 2027.

Capital Corporation has also lodged development plans for the Lovedale Farm clubhouse, set to become a vibrant hub for residents and the wider Hunter Valley community. Further releases are planned for later this year.

[smartcode_project_cta:default project_id=14476]

Joel Robinson

Lovedale Farm display home opening triggers $24.6 million in sales in three weeks

Prominent Malaysian developer <a href="https://www.apartments.com.au/developers/osk-property">OSK Property</a> has unveiled <a href="https://www.apartments.com.au/new-apartments/aura-at-melbourne-square-7-hoff-boulevard-southbank-vic-3006">Aura</a>, the next stage of its $3.5 billion Melbourne Square precinct in Southbank, continuing its push into wellness-led, amenity-rich apartment living.

The $800 million tower, planned for 7 Hoff Boulevard, will rise 67 storeys and deliver 673 apartments, with COX Architecture drawing on both Japanese design principles and Australia’s natural landscape to shape the building’s identity. A rectangular grid aesthetic defines the building’s exterior, with COX drawing design cues from New York high-rises and Tokyo’s skyline.

Aura builds on a growing trend in high-density living, where wellness is no longer an add-on but central to the product. The development is structured around four key pillars, combining calm, minimalist residences with layered communal spaces, landscaped gardens, and a suite of wellness amenities designed to support both physical and mental wellbeing.

[smartcode_project:default project_id=151921 project_image_fid=367465]

At the core of the project is what OSK describes as a vertical wellness ecosystem, a multi-level approach to amenity that integrates health, lifestyle, and social spaces throughout the building rather than confining them to a single level.

The main resident hub, the Aura Club on level seven, will include a pool, cold plunge, spa, gym, Pilates and yoga studios, alongside more lifestyle-driven inclusions like a golf simulator, music rooms, library, and work-from-home spaces. Above, a series of higher-level amenity zones, including the Meridian Club and Cumulus Club, introduce more refined, social and retreat-style environments, with private dining, lounges, and premium wellness spaces positioned to take advantage of city views.

[smartcode_project:default project_id=151921 project_image_fid=367467]

The residences themselves will largely include balconies, a key design move in a market increasingly focused on natural light, airflow, and connection to the outdoors. Views will extend across the CBD, the Arts Precinct, Royal Botanic Gardens, and beyond.

Aura also introduces approximately 1,600 sqm of retail across the lower levels, further activating the Melbourne Square precinct, which already includes Kennedy Park, a Woolworths, childcare, and a growing mix of hospitality operators.

[smartcode_project:default project_id=151921 project_image_fid=367474]

“Aura stands tall as an exemplar of holistic wellness – its focus on social, physical and mental health culminate in a building that is calming, restorative and relaxing, where residents will have their own sanctuary within the well-connected and sought-after <a href="https://www.apartments.com.au/developments/southbank-vic-3006">Southbank</a>," says&nbsp;OSK Property CEO Chong Boon Woon.

“We have been very encouraged by the market’s response to the BLVD offering, and we know there is a strong demand for the level of amenity, service and design that the Melbourne Square precinct is known for.

“Complemented by work-from-home lounges for professionals, family friendly outdoor garden spaces, and state-of-the-art fitness and wellness facilities, Aura will continue our focus on maximising physical, emotional, and mental wellbeing,” he said.&nbsp;

[smartcode_project:default project_id=151921 project_image_fid=367475]

The project follows the strong performance of BLVD, which is now around 80 per cent sold, and reinforces OSK Property’s long-term commitment to Melbourne Square as a fully integrated, mixed-use precinct.

Construction is expected to commence in late 2026.

[smartcode_project_cta:default project_id=151921]

OSK unveils AURA, the latest stage in Southbank's $3.5 billion Melbourne Square precinct

National developer Time &amp; Place appears to have settled on a design for its long-anticipated Potts Point project.

After several years of back and forth with local council and the NSW Government, the developer, which has spent seven years targeting the former The Chimes site on Macleay Street, has now progressed its plans.

Following a concept design submission last year by SJB, Time &amp; Place has lodged a full State Significant Development Application with the NSW Government, this time for a scheme designed by Kerry Hill Architects.

<img alt="Time &amp; Place" data-entity-type="file" data-entity-uuid="504d2a27-d65f-4227-8189-1e35e3376e62" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-04-20%20at%209.38.24%E2%80%AFAM.png?VersionId=_XqFKATYHF30KnVByPxhaI9UBzmkmfn7" />

The 16-storey proposal includes 44 apartments, 21 of which will be build-to-sell. These will comprise 19 three-bedroom apartments and two four-bedroom units.

More than 50 per cent of the development will be dedicated to affordable housing, with 23 studio apartments to be delivered in line with the NSW Government’s Housing SEPP.

Kerry Hill Architects said the proposal is driven by a strong response to place.

“Our proposal for a new residential building for Potts Point in Sydney is driven by a deep consideration of place,” the practice said in its submission.

“This operates on multiple levels, including a landscape approach that reinstates endemic flora of the Sydney peninsula and provides a ground-floor garden for residents, reconnecting the site to its pre-European history. A brick podium further strengthens this relationship to context, integrating planting and fine bronze detailing that references the predominant material language of Macleay Street.”

The three-level podium will be topped by a communal resident space, featuring a covered pool designed to receive direct afternoon sun in winter, a neighbouring reflection pool, dining and event areas oriented to maximise sunset views, and an outdoor exercise zone.

<img alt="Time &amp; Place" data-entity-type="file" data-entity-uuid="8d3eedc1-babb-44a3-bd96-d8a42f3adf1f" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-04-20%20at%209.37.48%E2%80%AFAM.png?VersionId=Ii7.4dvqNatu5GQi6bhqNjAswrMB998." />

The design also incorporates highly crafted shopfronts and a clearly defined residential entry to activate the street. Juliette balconies to the podium residences will provide passive surveillance and a strong sense of habitation.

Above, the larger apartments are housed within a light-coloured masonry and bronze tower.

“The tower steps back in a series of gently curved volumes that reference the rich Art Deco context of Macleay Street,” the architects said. “Carefully calibrated vertical fins frame the views while providing privacy and a sense of refuge.”

<img alt="Time &amp; Place" data-entity-type="file" data-entity-uuid="6fab60f4-3140-4469-b47a-48c781e0a30b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-04-20%20at%209.28.44%E2%80%AFAM.png?VersionId=e5XxrM3kzdASdKlcIACHAHbOSZhSKC9O" />

Time &amp; Place has been one of the most active developers nationally in the last 12 to 24 months. Late last year they completed&nbsp;The Queensbridge in&nbsp;<a href="https://www.apartments.com.au/developments/southbank-vic-3006">Southbank</a>, a mixed-use tower with 353 apartments and a hotel. They are currently selling Park Modern, 246 apartments near the famous Botanic Gardens in South Melbourne.

The developer has approval for The Burke, a mixed-use project in&nbsp;<a href="https://www.apartments.com.au/new-apartments/glen-iris-vic-3146">Glen Iris</a>&nbsp;being delivered in partnership with Woolworths. The 60 apartments, positioned above a new Woolworths supermarket, are expected to launch in the coming months. Time &amp; Place is also progressing plans for the redevelopment of&nbsp;<a href="https://www.apartments.com.au/developments/northcote-vic-3070">Northcote</a>&nbsp;Plaza, and have recently submitted plans for a <a href="https://www.apartments.com.au/news/vic/time-place-unveils-plans-22-storey-south-melbourne-tower">22-storey tower</a>, another in South Melbourne.

In&nbsp;<a href="https://www.apartments.com.au/developments/sydney-nsw">Sydney</a>, the developer has two projects in Manly: Two Tides, which is currently under construction, and an ultra high-end building on&nbsp;<a href="https://www.apartments.com.au/buildings/shoreline-manly-beach-89-90-north-steyne-manly">North Steyne</a>, fronting the beach. It is also continuing to work through the redevelopment of The Chimes building on Macleay Street in&nbsp;<a href="https://www.apartments.com.au/developments/potts-point-nsw-2011">Potts Point</a>, as well as Marlborough House, the redevelopment of the original David Jones warehouse building in&nbsp;<a href="https://www.apartments.com.au/developments/surry-hills-nsw-2010">Surry Hills</a>.

First look: Time & Place settles on design for The Chimes, Potts Point redevelopment

<a href="https://www.apartments.com.au/developers/develotek">Develotek</a> is joining the likes of TOGA, Deicorp, and One Global Capital, betting on a boom in Five Dock ahead of the 2032 mooted opening of the Five Dock Metro Station.

Develotek, which is currently developing Bianca on the Drummoyne waterfront and has plans approved for a tower in Chatswood, has filed a State Significant Development Application for a <a href="https://www.apartments.com.au/new-apartments/79-81-queens-road-five-dock-nsw-2046">two-building project in the evolving Kings Bay precinct</a>.

The buildings, one more boutique just five storeys and the other 26 storeys, will rise from an 3,158 sqm site across&nbsp;79–81 Queens Road and 2–8 Spencer Street, will home 134 one-, two-, and three-bedroom apartments, above ground-floor retail and five basement levels of parking.

A key component of the proposal is the inclusion of 15 per cent of residential floor space as in-fill affordable housing, unlocking additional height and density under the Housing SEPP.

<img alt="First Look: Develotek lodges State Significant shop top housing project in Five Dock precinct" data-entity-type="file" data-entity-uuid="3ee31bf7-75ba-4bc5-b190-49885193219f" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/podium_2.png?VersionId=730UbrduuwK3C1sO28RHjiLPUPqXqjkh" />

Designed by <a href="https://www.apartments.com.au/architects/plus-studio">Plus Studio</a>, the scheme adopts a podium-and-tower configuration, with a five-storey street wall along Queens Road transitioning to a 26-storey tower set deeper into the site. The ground plane prioritises activation and permeability, with retail frontages and a new through-site link connecting Queens Road to Spencer Street.

At the upper levels, the tower façade has been conceived using a modular system to support prefabrication and reduce construction waste, while improving build efficiency. The splayed form draws on the geometry of surrounding industrial rooftops, reinterpreting the area’s heritage in a contemporary expression while also helping to reduce solar heat gain to east and west-facing apartments.

“This project aspires to transform a former industrial site into a connected, resilient and people-focused urban community, grounded in Country, shaped by history, and designed to enrich everyday life within the evolving Kings Bay Precinct,” said John Walsh, Principal at Plus Studio.

The proposal reflects the broader transformation of the Kings Bay Precinct under the Parramatta Road Corridor Urban Transformation Strategy, marking a shift from its industrial past to a higher-density, mixed-use urban neighbourhood.

<img alt="First Look: Develotek lodges State Significant shop top housing project in Five Dock precinct" data-entity-type="file" data-entity-uuid="abde734c-1e31-4a97-a1d2-fa9bcf31c380" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/building%20podium.png?VersionId=fNUupP6u146yEytQT31kKVRxwtACgPpP" />

Develotek is emerging as an active participant in the state’s affordable housing-led uplift pathway. The developer recently secured approval for a 34-storey mixed-use tower in Chatswood, where it similarly leveraged the in-fill affordable housing provisions to increase scale and deliver a 101-unit scheme with dedicated affordable apartments.

Their entry into Five Dock places them alongside a growing list of developers targeting the suburb ahead of its anticipated transport uplift, with Sydney Metro set to extend into the area. Major players including TOGA, Deicorp, and One Global Capital are all progressing large-scale precinct-style developments nearby, collectively reshaping the low-rise industrial fabric into a higher-density mixed-use corridor.

The Five Dock site sits within the Kings Bay Precinct, a key renewal area under the Parramatta Road Corridor Urban Transformation Strategy, where planning controls support significant uplift tied to affordable housing delivery. The consolidated 3,158 sqm site is currently occupied by low-rise industrial uses, including warehouses and vehicle workshops, earmarked for transition.

First Look: Develotek joins in Five Dock apartment boom

Ascot’s Racecourse Road continues to be a hive of activity for Brisbane developers.

Following Fortis and GRAYA, which are both preparing new projects along the key strip connecting Kingsford Smith Drive and Eagle Farm Racecourse, local developer <a href="https://www.apartments.com.au/developers/skyhold">Skyhold</a> is the latest to lodge plans for its own development.

The group is proposing One One Two Residences, a boutique project comprising just seven apartments, named after its address at 112 Racecourse Road.

The proposal outlines a five-storey building on an 810 sqm site. The built form slightly exceeds the four-storey expectation under the neighbourhood plan, aligning instead with the emerging character of the strip. As the planning report notes, “the locality is characterised by a transition toward medium-rise residential development, with a number of recent developments… above the stipulated height limits.”

<img alt="First Look: Skyhold lodges plans for boutique Ascot apartments as Racecourse Road revival gathers pace" data-entity-type="file" data-entity-uuid="ec577631-8c51-4163-960e-e7b3a77d655b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Ascot.png?VersionId=iAzQ46D4Uu1UqiS0mVnlcy9jeFKBpJIj" />

Designed by 111 with landscape architecture by <a href="https://www.apartments.com.au/landscape-architect/paul-bangay-garden-design">Paul Bangay Studio</a>, the scheme adopts a layered architectural approach with strong articulation and a subtropical response. Deep balconies, integrated planters, and a mix of masonry and textured finishes define the façade, while upper-level setbacks reduce perceived bulk. The architectural statement describes “a series of horizontally expressed layers, defined by deep balconies and a consistent robust material palette,” aimed at delivering a refined streetscape presence.

Apartments are configured as large-format residences, including multiple three-bedroom layouts and a full-floor penthouse, supported by ground-level parking. A rooftop terrace will provide communal amenities including a pool and landscaped recreation areas. The design prioritises privacy, natural ventilation, and greenery, with planting integrated across all levels to soften the building form and contribute to the public realm.

<img alt="First Look: Skyhold lodges plans for boutique Ascot apartments as Racecourse Road revival gathers pace" data-entity-type="file" data-entity-uuid="1e1219bd-b45a-4d7f-bbc7-7207d7b2fc94" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Ascot%20entry.png?VersionId=JIoUOLMgQ5xWpEF0etEI3ffIoIVjD7gO" />

The proposal sits within the Racecourse Road precinct, a key mixed-use spine in Ascot that continues to attract renewed development interest.

Later this year national developer Fortis will launch its own boutique development, which, pending council approvals, will be 16 apartments designed by Koichi Takada Architects, just down the street.

“Racecourse Road is going through a massive revitalisation and we’re proud to be a part of that transformation,” said Fortis's QLD General Manager, Dan Boman.

Nearby, GRAYA is advancing its larger-scale The Gallery, a mixed-use shop-top housing project designed to act as a “catalytic project for Racecourse Road.”

First Look: Racecourse Road, Hamilton revitalization to continue as Skyhold joins the party

Farm Sale

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Summer Hill, a 3,237 hectare country property in the Upper Hunter Valley shire has hit the market with $12 million hopes. 
The Summer Hill Road property in Cassilis include balanced basalt farming and grazing country for beef cattle, sheep or cropping.
The weatherboard homestead comes with eight bedrooms, bathroom, fireplace and established gardens. 
<img src="https://www.urban.com.au/images/Screen%20Shot%202020-08-28%20at%2012.35.57%20pm.png" alt="">
There is another cottage on the property comprising 3 bedrooms, bathroom and air conditioning.
It also features long frontage to the Munmurra River, stand woolshed, hay shed and cattle yards. 
<img src="https://www.urban.com.au/images/Screen%20Shot%202020-08-28%20at%2012.35.04%20pm.png" alt="">
The owner will look subdivide the property into 5,500 acre Summer Hill and 2,500 acre Rosedale.
The property is situated about 70km from Merriwa and Mudgee. 
Bowyer &amp; Livermore's Greg Ryan and James Walton hold the listing.
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Cassilis' Summer Hill property remains on the market with $12 million hopes

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A new four lot subdivision of the Shambara farm property, located midway between Benalla and Wangaratta, has come onto the market.
The four lots all with a frontage to the Old Greta Road are respectively – Lot 1 of 68.7 ha, or 170 acres, Lot 2 of 72.8 ha or 180 acres, Lot 3 of 44.5 ha or 110 acres and Lot 4 of 58.6 ha or 145 acres.
The four lots are for private sale through Elders Real Estate’s north east district agent Michael Everard.
The property on the old Greta Road at Lurg is part of the larger Shambara farm property and has been held by the vendor family for over twenty-five years.
Each of the four blocks has some internal division of post and wire fencing.
Most of the lots include paddock or catchment dams, most having been recently cleaned out, while the local average annual rainfall is 700mm with access likely to be available to substantial as yet untested groundwater potential.
Each lot holds a long single frontage to the old Greta Road with good access from the Hume Freeway at the Winton interchange with a bitumen road most of the way to these lots.
Selling agent Michael Everard says that the local district is a prominent rural living area with properties that adjoin these four lots being largely smaller acreage residential holdings with typical sizes of 40 hectares (or say 100 acres).
“There are multiple choices for an attractive home site on each landform with power available to within about 200 metres of the existing road boundary.
“This subdivision which has been created from a long held family farm presents an exceptional opportunity to secure attractive and productive land that is ideally suited to create a preferred rural living retreat,” Mr Everard says.
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Shambara farm subdivided plots come onto market

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Two agricultural properties spanning 7,000ha and home to the heritage-listed One Ton Post survey marker in Queensland’s Border Rivers region have been listed for sale.
Carnarvon totals 4,356ha, comprising approximately 988ha developed to flood irrigation, 406ha of dryland cultivation and 2,962ha of grazing and support land.
The property benefits from fertile soil types underpinning high cotton and grain yields, as well as on-farm storage totaling 11,370mL and water entitlements of 2,600mL Barwon Zone Nominal Volume and 3,666mL of Barwon-Darling water.
The heritage-listed One Ton Survey Post - Australia’s largest wooden survey peg - is also located on the property.
Established in 1882, the peg marks the 29th parallel of latitude – the straight section of the Queensland/New South Wales border, from Cameron Corner to the Barwon River.
The second property, Garrawilla &amp; Belmore, is a 2,316ha property, comprising 1,398ha developed to flood irrigation, 362ha of dryland cultivation and an additional 556ha of grazing and support land.
It features on-farm storage capacity, totaling 6,700mL in addition to water allocations of 7,293mL of Barwon Zone Nominal Volume.
The two properties are being offered for sale separately.
CBRE’s Josh Ledingham and Simon Cudmore have been appointed to sell Garrawilla &amp; Belmore via Expressions of Interest.
The pair are also selling Carnarvon, conjunctionally with Moree Real Estate’s Cliff Brown and Paul Kelly, via Expression of Interest.
The properties are each expected to generate buyer interest of around $22 million.
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Queensland's One Ton Post land listed for sale

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Country music star Troy Cassar-Daley and his 4KQ Brisbane radio presenter wife Laurel Edwards secured $550,000 when they recently sold their Queensland farm getaway, Carinya.
They had re-listed the Vernor property, an hour from their Brisbane base, having failed to find a buyer on its <a href="/news/troy-cassar-daley-and-laurel-edwards-list-vernor-farm">original $680,000 listing mid-last year.</a>
Cassar-Daley has said the farm, which they paid $630,000 for in 2007, has inspired a number of his songs.
He said 'I love this place' was written at the kitchen table.
Cassar-Daley used to love fishing on the river which dissected the property.
Laurel used to ride horses across the four hectares.
The family, now with grown up kids, are set to spend more time on the Sunshine Coast.
Edwards met Troy Cassar-Daley at the Gympie Music Muster in 1993.
This article first appeared in The Weekend Australian. 
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Troy Cassar-Daley secures $550,000 for Queensland farm getaway

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Country music star Troy Cassar-Daley and his 4KQ Brisbane radio presenter wife Laurel Edwards have sold their Queensland farm getaway.
They re-listed the Vernor property, an hour door to door from their Brisbane base, last month, having failed to find a buyer on its <a href="/news/troy-cassar-daley-and-laurel-edwards-list-vernor-farm">original listing mid-last year.</a>
Cassar-Daley has said the farm, which they paid $630,000 for in 2007, has inspired a number of his songs.
He said 'I love this place' was written on the kitchen table.
Cassar-Daley used to love fishing on the river which dissected the property. Laurel used to ride horses across the four hectares.
The couple initially sought $680,000 last year.
The family, now with grown up kids, are set to spend more time on the Sunshine Coast.
 
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Troy Cassar-Daley sells Queensland farm getaway

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The agricultural fund manager Growth Farms has bought the largest farming aggregation on Kangaroo Island from the billionaire media mogul Kerry Stokes.
Stokes and veteran cattleman Peter Murray sold their <a href="https://www.eldersrealestate.com.au/rural/sale/cygnet-park-farms-cassini-sa-5223-17956579/" target="_blank">Cygnet Park</a> Farms aggregation reportedly for about $25 million through Elders.
It was listed in late 2017.
The cattle, sheep and cropping aggregation on the 7,821 hectare Cygnet Park Farms, which Stokes and his long-time business partner had accumulated over the past decade, was being offered on a walk in, walk out basis in one line or in individual allotments
Murray is one of Australia's most experienced cattlemen.
With annual average rainfall ranging between 600-900mm, it was currently running approx 3,000 Angus cows, 2200 weaner calves and 300 yearlings/bulls.
NSW-based Growth Farms is headed by David Sackett who manages assets on behalf of a global network of high net worth individuals, family office and institutional clients.
It was established in 1999 by Angus Taylor and his brother Richard .
It has investments in sheep and cattle, cotton, sugarcane, winter crops with farms totalling more than 100,000 hectares.
 
 
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Growth Farms buys on Kangaroo Island from billionaire Kerry Stokes

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During the course of discussions with some corporate purchasing parties, valuation firm Herron Todd White are starting to see a change in the way the market is perceiving what can be achieved in terms of yield.
According to the latest rural report from Herron Todd White, yields are often at five per cent with some even getting to six per cent.
"With the strong increase in underlying land value seen over the past twelve months in particular, there is strong resistance from lessees to adjusting rates to reflect the original yield achieved when the lease was created," the report noted.
"This resistance is coming from the fact that general income from rural commodities, whilst still good, has not improved in line with the underlying land value."
Scott Fuller, a valuer at HTW, suggested the situation is a repeat of the 2006 to 2008 period where we also saw strong growth in underlying value.
"At this time many leases were in the 3.5 per cent to 4.5 per cent range and we would expect that general leasing rates will soften to four per cent to 4.5 per cent."
"The volume of capital looking to deploy in agriculture in Australia continues to be a surprise and this deployment is seeing unsolicited offers for large scale rural properties made on a regular basis. Whilst previously we have indicated that we felt that the market was at or near its current peak for this cycle, I am beginning to wonder whether this cycle may have some further development to go."
"Whilst there are some short term negative seasonal conditions, our experience is that the underlying market sentiment is still very positive and this coupled with record low interest rates and generally positive returns for livestock may just see some continued upward pressure on the market, particularly if we see any sort of rain event in the next month or so," he concluded.
In the Riverina area there was a big sale in the form of Delta which is 55 kilometres north-west of Jerilderie and 50 kilometres north-east of Conargo.
It was a 8,381 hectare mixed irrigated and grazing property. The sale included approximately 550 hectares of laser levelled flood irrigation with a balance consisting of mostly open to lightly timbered good grazing country. The property was well improved with homestead, manager’s residence, workers’ cottages, machinery sheds and wool shed.
The property sold for $10.025 million. It appears that the open-hay plains grazing country has sold for $975 per hectare ex buildings. This indicates $780 per DSE when viewing the grazing country in isolation.
"This is uncharted territory for the Riverina and indicative of the strength of the current market," HTW said.
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Southern NSW experiencing unusually high rural yields: HTW 

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Ray White Mildura has secured almost $19 million in two recent farm sales in the lush region that supplies more than 80 per cent of Victoria's grapes.
One of the largest sales in recent times in Sunraysia was recently finalised by Mark Thornton of Ray White Mildura when he sold <a id="m_-554013802951475589LPlnk789717" href="http://icm-tracking.meltwater.com/link.php?DynEngagement=true&amp;H=eD76f58HlUnRmzbPZf5yw%2B7LSgBzaQg0S1071ajiM0VK9rmBWpxqVAa0HUCW44V1L3lNOXIaPO3qAopSlw0h5F2vWCm8rZjDpHJFmQMOTjNcy6DIp06diQKaB01GQEoXV6CGTENW8WA%3D&amp;G=0&amp;R=https%3A%2F%2Fwww.realestate.com.au%2Fsold%2Fproperty-horticulture-nsw-trentham%2Bcliffs-7968210&amp;I=20180724040133.000000003449%40mail6-96-usnbn1&amp;X=MHwxMDQ2NzU4OjViNTY4M2EwYmE2ZDI2ZmQ2MTU1YTRkZjs%3D&amp;S=hf74gbQDxkS4f6D9ZutBLBw2bDkv3NxpiLmisaTEFSo" target="_blank" data-saferedirecturl="https://www.google.com/url?hl=en&amp;q=http://icm-tracking.meltwater.com/link.php?DynEngagement%3Dtrue%26H%3DeD76f58HlUnRmzbPZf5yw%252B7LSgBzaQg0S1071ajiM0VK9rmBWpxqVAa0HUCW44V1L3lNOXIaPO3qAopSlw0h5F2vWCm8rZjDpHJFmQMOTjNcy6DIp06diQKaB01GQEoXV6CGTENW8WA%253D%26G%3D0%26R%3Dhttps%253A%252F%252Fwww.realestate.com.au%252Fsold%252Fproperty-horticulture-nsw-trentham%252Bcliffs-7968210%26I%3D20180724040133.000000003449%2540mail6-96-usnbn1%26X%3DMHwxMDQ2NzU4OjViNTY4M2EwYmE2ZDI2ZmQ2MTU1YTRkZjs%253D%26S%3Dhf74gbQDxkS4f6D9ZutBLBw2bDkv3NxpiLmisaTEFSo&amp;source=gmail&amp;ust=1532491859254000&amp;usg=AFQjCNGd6ZQ6Cgv7xO1RXhzhwrtzdj2wrA">88 Alfred Elms Rd, Trentham Cliffs</a>.
The buyers were a local winery expanding their operations. Mr Thornton said the landscape was changing in the Sunraysia horticulture region.
"Interest in the property came from many diverse industries and companies not just locally but also nationally and internationally.
"There are many large international corporations that have Sunraysia under their microscope as a place they want to invest in and that is very exciting for our region,” he said.
The buyer of the property was Sunraysia, Qualia Wines who operate a winery just outside Mildura, in Irymple.
<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/2018/7/25/FARM%202.jpg" alt="">
Late last year Ray White Mildura sales agent and partner Damian Portaro sold a 85 ha table grape farm at <a id="m_-554013802951475589LPlnk721845" href="http://icm-tracking.meltwater.com/link.php?DynEngagement=true&amp;H=eD76f58HlUnRmzbPZf5yw%2B7LSgBzaQg0S1071ajiM0VK9rmBWpxqVAa0HUCW44V1L3lNOXIaPO3qAopSlw0h5F2vWCm8rZjDpHJFmQMOTjNcy6DIp06diQKaB01GQEoXV6CGTENW8WA%3D&amp;G=0&amp;R=https%3A%2F%2Fwww.realestate.com.au%2Fsold%2Fproperty-viticulture-vic-yelta-7927130&amp;I=20180724040133.000000003449%40mail6-96-usnbn1&amp;X=MHwxMDQ2NzU4OjViNTY4M2EwYmE2ZDI2ZmQ2MTU1YTRkZjs%3D&amp;S=daOh7IQSEeH11r2Ra5kHLin08LzII2iQ5ssEHdxw6sE" target="_blank" rel="noopener" data-saferedirecturl="https://www.google.com/url?hl=en&amp;q=http://icm-tracking.meltwater.com/link.php?DynEngagement%3Dtrue%26H%3DeD76f58HlUnRmzbPZf5yw%252B7LSgBzaQg0S1071ajiM0VK9rmBWpxqVAa0HUCW44V1L3lNOXIaPO3qAopSlw0h5F2vWCm8rZjDpHJFmQMOTjNcy6DIp06diQKaB01GQEoXV6CGTENW8WA%253D%26G%3D0%26R%3Dhttps%253A%252F%252Fwww.realestate.com.au%252Fsold%252Fproperty-viticulture-vic-yelta-7927130%26I%3D20180724040133.000000003449%2540mail6-96-usnbn1%26X%3DMHwxMDQ2NzU4OjViNTY4M2EwYmE2ZDI2ZmQ2MTU1YTRkZjs%253D%26S%3DdaOh7IQSEeH11r2Ra5kHLin08LzII2iQ5ssEHdxw6sE&amp;source=gmail&amp;ust=1532491859255000&amp;usg=AFQjCNGoPq0bpQsqnz8UbQi1NACv6SnQOQ">115 Paschendale Ave, Yelta</a> for $7.265 million to buyers with strong foreign interests.
"This farm is essentially now a farm to plate operation,” Mr Portaro said.
"We have some big international wineries looking to buy in Mildura, plus solar farms and large horticultural operations.” Mr Portaro said. 
“This region is the food bowl for Australia and international buyers firmly believe that the future is in farming.”
 
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Mildura farm sells to local winery

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The long-held Kumbada farm at Jindivick has been sold by the Carnegie brothers after 72 years before its scheduled auction on December 8.
The sale price was not disclosed but is believed to be around $4 million.
The property spans 228.5 hectares and is one of the largest farm holdings in the district. It is located just to the north of the Princes Highway-Jindivick Road junction and close to the Drouin-Warragul area.
The selling agent was Rodwells Ruralco Property’s Damien Minogue.
A local beef cattle farmer is the new owner and has plans for a 300 cow-and-calf operation.
Originally purchased by the Carnegie brothers’ parents as a small dairy operation the acquisition of neighbouring holdings over the years created the sequence of long ownership and now presents the property in four titles.
“The Carnegie family dairy-farmed for many years but more recently Peter and John Carnegie converted it to livestock grazing with recent light stocking,” said Minogue.
“Over the years the Carnegie brothers have topped the Korumburra and more recently Leongatha markets many times with bullocks and vealers with their top quality grass-fed animals”.
The property has an eleven paddock subdivision.
“The improvements comprise the original three-bedroom homestead, plus a manager’s cottage plus another old cottage in need of renovation,” he said.
There are a number of support buildings including machinery sheds, an old dairy and the property has sealed road access.
“Good stock water resources are another feature with a creek frontage and a number of spring fed dams while this property is in a 900 mm annual average rainfall area”.
“I always considered it would be something of a signature sale as no comparable scale property has been offered in this area, nor will one probably be seen again and it is great to see it purchased by a local farming interest.
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Jindivick's Kumbada farm sells before auction

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Hassad Australia has announced the sale of 18,000 hectare in three large aggregations — Raby Station in NSW, and Glendale and Ungarra aggregations in South Australia.
Fifteen family operators will be acquiring individual parcels of land from all three aggregations.
Landmark Harcourts agent Phil Rourke, <a href="https://hassad.com.au/raby-stud-nsw/" target="_blank">who sold historic Raby at Warren</a>, confirmed it sold to a consortium of local buyers, who would integrate parts of the 9,782 hectare property into their existing operations.
Hassad Australia also sold a dry land cropping aggregation spanning more than 3,000 hectares in South Australia’s mid-north for $16.2 million. 
Located 29 kilometres north-east of Clare, the Glendale Aggregation is suited to growing wheat, barley, canola, lentils and legumes, as well as grazing livestock. 
CBRE Agribusiness’ Danny Thomas and Phil Schell negotiated the sale of Glendale Aggregation, comprising 12 semi-contiguous landholdings totalling 3,263 hectares. 
The sale was one of three properties divested by Hassad Australia – the others being Raby in New South Wales and the Ungarra Aggregation in South Australia.
The sales also follow the earlier transaction of properties in Victoria and Queensland.
The divestments are in preparation for the next phase of the company’s investment strategy that will see further investment in lamb and grain marketing. 
The Glendale Aggregation sold to a number of local adjoining and nearby farmers in South Australia’s mid-north farming region.
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