For the first time in 100 years, the “Killara” property north-east of Coonamble is about to go on the open market, but as a very different proposition to the one bought by Walter Croxon in 1909.
Walter was one of 11 children of Alfred and Maria Croxon, pioneers of the Coonabarabran district who arrived in NSW from England in 1852.
The “Killara” property bought by Walter and his wife, Gertrude, in 1909 was a 2155-hectare (5324-acre) block off “Nebea” – one of Coonamble’s founding pastoral runs.
Today, it is the centrepiece of an aggregation nearly twice that size, owned by the Rich family, who bought “Killara” from the Croxons in 1976 and built it to its present size with subsequent additions.
Recent sales in the area indicate a likely bidding range upwards of $650/ac ($1625/ha) for the “Killara Aggregation”, taking into account its farming reputation, favoured location and scale.
More in The Land, February 25.
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