Billabong Valley property Aberfeldy passed in at auction for $6.4 million

Jonathan ChancellorDecember 8, 2020

Aberfeldy, the Billabong Valley, Holbrook NSW Riverina rural property that has been owned by the Ross family for 147 years, was passed in at its recent Albury auction for $6.4 million through Meares & Associates inconjunction with Elders Real Estate.

It had been expected to sell for more than $7 million. It comes with a recently renovated 1926 Federation homestead.

Set 70 kilometres south of Wagga Wagga and 70 kilometres north of Albury-Wodonga, the 1,377-hectare property was originally part of the 28,300-hectare Kinross Station.

In recent years it has carried 70% livestock (sheep and cattle) and 30% crops.

Aberfeldy's Poll Hereford herd was introduced to the property by the late Dudley Ross, the father of the current owners, Ian and Douglas Ross.

Jonathan Chancellor

Jonathan Chancellor is one of Australia's most respected property journalists, having been at the top of the game since the early 1980s. Jonathan co-founded the property industry website Property Observer and has written for national and international publications.

Editor's Picks

The Sydney suburbs set to benefit the most from the new Sydney Metro
The start of Crows Nest's newest mixed-use precinct: Urban's display suite tour of The Collective
The "Three V's" Eastern Suburbs new apartment buyers are seeking
Inside West Residences, Mt Lawley new apartments by Willing: Urban display suite tour
The Bryson of Chatswood to take advantage of Sydney Metro boom