Media Release 15 February 2024

Multi-enterprise farm offers production at scale and historic homestead

SECURELY watered and strategically developed, “Willawong” at Murringo offers the flexibility and scale to produce a range of commodities, from fine wool to cereals, prime lamb and beef.

The premium 3,838ha holding in the Hilltops district of New South Wales is enjoying an excellent season which has boosted the productive improved pastures that cover 83% of the property and are capable of sustaining a stocking rate of 12 DSE/ha.

“Willawong” is currently stocked with 1000 trade cattle, 4,000 wethers and 9500 joined Merino and crossbred ewes and replacements, turning off trade and store lambs.

Strategic developments by vendors the Wallace family over the past 35 years include regular fertiliser application and integration of canola, wheat and barley for livestock grazing and/or grain crops, with two thirds of the property sown to phalaris based pastures.

LAWD Senior Director, Col Medway, said the flexibility of options combined with the security of pasture and water and a resurgent livestock market makes “Willawong” an attractive proposition.

“It’s been a wonderful summer on the Southwest Slopes and producers are flat out sowing early grazing crops, so highly productive farms that can be utilised for livestock and/or dryland cropping of cereals and oilseeds are keenly sought,” Mr Medway said.

“Conditions are vastly different to those that were forecast for 2024 in Spring last year and livestock markets have rebounded from when we initially offered “Willawong” for sale, and we would expect this to be reflected in the enquiry expressed by the market.”

The property is securely watered by five bores through a reticulated system, boosted by three creeks and 85 dams that capitalise on the district’s 678mm of annual rainfall.

Quality improvements include sheepyards, three woolsheds – one with five stands, two with four stands each – a set of cattle yards, multiple machinery and hay sheds, stables and silos, and six residences.

“A holding of this scale and versatility rarely comes up in such a tightly held grazing area,” Mr Medway said.

“The successful bidder will benefit from stepping into a well-improved, premium property complete with a wonderful historic homestead, excellent local amenities and saleyards nearby.”

The village of Murringo was one of the earliest settlements west of the Great Dividing Range and as an historic pastoral run, “Willawong” is renowned for its well-preserved 1850s homestead.

Set 440 metres above sea level in a scenic valley, the sprawling bluestone home features a tennis court, sweeping lawns and pressed metal ceilings, with numerous outbuildings including an old stone coach house, cellars and meat rooms.

“Willawong” was last sold in 1988 to the late Dr Jane Wallace, a University of Sydney academic and passionate farmer from Camden.

Over the years Dr Wallace successfully added another six neighbouring farms or land parcels to the aggregation including “Erinvale”, which is currently the home of her son Tony Wallace and his wife, Annabel.

Renovated in 2012, the four-bedroom “Erinvale” residence is built from local stone and features an in-ground pool, extensive gardens and a separate one-bedroom studio with kitchenette, bathroom and sitting room, formerly run by Annabel Wallace as an art gallery for 13 years.

Tony Wallace said the “Willawong” aggregation put together by his mother has been a wonderful home and productive farm for the family, and the property’s accessibility to Sydney and Canberra is a great advantage.

“Willawong” is now listed for sale by private treaty for $51,900,000.

For further information contact Col Medway +61 428 481 243 or Tim Corcoran +61 407 893 935.

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