Neighbour buys Stawell farm

A neighbour has paid $7.37 million for a Wimmera cropping and sheep grazing site.

Ridds Block, on 349 hectares at Wal Wal, 20 minutes north of Stawell, traded at auction last Friday.

The vendor held it 67 years.

The listing came about when everyone in the family partnership retired.

“The property comprises level heavy grey loam to sandy loam soils and has been lease farmed by a local farmer for some years,” Ray White Rural’s Max Brown, who marketed the property with Jason Hellyer, said (story continues below).

“It is currently virtually fully planted to Canola but could suit wheat, barley, beans or oats cropping enterprise or be used for sheep grazing,” he added.

“The property has a piped water supply provided by GWM Water with a stock and domestic licence already connected,” he added.

“There is a small area of remnant vegetation on the Stawell to Warracknabeal Road frontage that was originally the location of the Ridd family homestead” according to the executive.

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Marc Pallisco

A former property analyst and print journalist, Marc is the publisher of realestatesource.com.au.