WEEKS after a Loddon farm sold for the first time in 150 years at a record price, three more tightly-held properties have hit the market.
Expressions of interest close today for Don and Dale Gilmore’s Durham Ox property that has been home to the century-old Ingolston Holstein Stud as the couple look to retirement.
“What grandfather established a century ago has had a big influence on generations of breeders and milk producers,” said Don Gilmore reflecting on the centenary of his stud last year.
It’s a similar story for Arnold’s Col Graham whose family has farmed the district since the 1870s.
Mr Graham, a fifth generation farmer, said it had been “expected that I would go onto the farm”.
But he says that after two knee replacements, the time was right to sell the property for a new owner to continues its high productivity.
“Farms have become bigger over the last 50 years, it’s at least a six-day-a-week occupation but very rewarding even if intense at times,” he said.
“The last six years have been among the best on our farm, apart from the flood years.
“Today, farmers need to be bigger, either with farmers buying up adjoining properties or leasing.
“That’s how things have evolved for generations.”
Inglewood agents FP Nevins and Co have the Graham property for sale. The company has also listed another long-held farm for sale.
“The 684-acre parcel at Jarklin has been in continual family ownership for 90 years plus,” said agent James Nevins.
“Situated in the middle of the renowned Jarklin farming community, this superb block is excellent in it presentation and condition.”
Despite the lure of retirement, Mr Graham said there was still a real future in farming, especially stock.
“We are selling because it now needs someone younger and with more enthusiasm than me,” he said.
“I’ve enjoyed the way of life and it will be a moment in history when we sell but it’s the right time.”