AgriCast Episode 13: December 3, 2024 | Rawlinna Station sale - video Dailymotion

AgriCast

Chris McLennan, ACM's national property writer, discusses the sale of Australia's largest sheep station in the Nullarbor Plain. Founded in the 1950s, this vast property is attracting global interest.

Transcript

00:00Hi, welcome to Agricast. Well, the largest sheep station in outback Australia is on the

00:12market and to tell us about that is Chris McClellan. He's the National Property Writer

00:17for ACM. Tell me about this property.

00:20We always talk about the biggest and the best, and this is probably not the best, but the

00:26biggest always captures the imagination and there's a lot of adventure and romance and

00:31all that sort of stuff attached to this property. It was only founded in the 1950s, so it's

00:36a relatively new property. It's one of the last pastoral properties in Australia, I suppose,

00:42because no one really thought about farming the Nullarbor Plain. Not a mecca for high

00:47production agriculture normally, but one of the McLaughlins from Dumbuck Pastoral, which

00:53is a very old and very large pastoral company based in Adelaide, was travelling on the

00:59Indian Pacific and went through Royal Inner. It's a stop on the side there and he saw something

01:05that no one else had ever done and saw potential for a farm. And that's how it all began.

01:12And it's attracting global interest, or at least the real estate agents think it will?

01:17Yes, they absolutely believe it will. When you've got a million hectares or a couple of million

01:23acres of country on offer, it's hard not to attract interest like that. It's not the dirt

01:29that is attracting the attention so much as all the work that the McLaughlins have put into the

01:35property. So that's why the agents are very confident that overseas buyers will be interested.

01:42And have the McLaughlin family been there the entire time?

01:45They have. They're not getting out of the pastoral game by any stretch. Dumbuck's still a very big

01:50operator in the national cattle and sheep market. But Royal Inner, for whatever reason,

01:57is surplus to requirements and someone else has been offered the chance to have a crack at it.

02:04What does the sale actually include and how's it being run?

02:08Elders are taking it up and they've got some of their biggest names across

02:12South Australian NWA running the SAR, which closes midway through this month

02:19for an expressions of interest campaign. From there it will go on. So there's been talk about

02:26a price of around $20 million. It's not just the price that captures the imagination, it's just the

02:32sheer audacity of forming a sheep station in the middle of the desert.

02:37Fantastic. Chris, thank you so much for giving us that update.

AgriCast Episode 13: December 3, 2024 | Rawlinna Station sale

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