BRIAN and Karen McVeigh’s Jimbour Plains property Belarka has sold at auction for $4.46 million at a Ray White Rural in Toowoomba today (Thursday).
Located 30km north of Dalby, Belarka covers 411 hectares (1016 acres) of prime, level, black soil treeless plain country with deep, self-mulching waco soils. It is regarded as some of Australia’s best farming country.
The auction attracted a crowd of more than 50 people at Picnic Point in Toowoomba. Four of the seven parties that registered to bid were active during the auction.
Bidding opened at $3.6m. 22 bids and about 10 minutes later the property had sold for $4.46m. The buyer was a Macalister farming family.
The sale price is equal to about $10,852/ha ($4390/acre).
Improvements include a three bedroom residence, sheds, silo storage, tanks and a bore.
The marketing of Belarka was handled by Andrew Kirtley and Roger Lyne from Ray White Rural Dalby.