FARMLAND at Burkes Flat has been sold for the first time in 125 years.
FP Nevins and Co, Inglewood, last Thursday auctioned the 367-acre property on Burkes Flat-Wedderburn Road.
Bidding started with a vendor offer of $3000 an acre before the property, including the 1880s cottage, was passed in.
A later offer of $2700 came after the hammer fell.
Auctioneer Luke Nevins said the property was sold after auction for an undislcosed price to a local buyer.
More than 20 people attended the auction on behalf of the estate of Eileen Perry.
The property had been bought by her father James O’Brien in 1900 after moving from Orville, near Rheola where he had ran the post office and store and a chaff plant that was taken to work on farms in the district.
The Burkes Flat property, known as Perry’s House, is sub- divided into three paddocks, has  dams and is near the GWM pipeline.
Mr Nevins described the property as 85 per cent arable, gently undulating Mallee loams to clay base, some stone/ shale on rises and with excellent fencing.
He said the auction had been a historic day with the property held by one family for more than a century.
Last week’s sale continues the  record of district properties remaining tightly held by local owners.
Last November, the historic 1305-acre Longview property at Fernihurst sold at auction for $5.1 million.
It was the first time in 152 years the property had been on the market as Rob and Colleen Coutts prepare for retirement.
Successful bidder was neighbour and Concordia Merino Stud owner Bob Rollinson. Mr Rollinson paid $3900 an acre for the main Longview property that includes the historic Coutts family home dating from the 1870s.