Blog Post

St Lawrence’s ponded pasture showcase Granite Vale makes $14.1m

Ponded pastures on Granite Vale, showing the characteristic shallow earth banks holding back water

 

ONE of the northern beef industry’s showcase examples of ponded pasture development has sold soon after auction for around $14.1 million in Rockhampton today.

Granite Vale, almost 4000ha of freehold country near St Lawrence, north of Rockhampton, has been developed by members of the Olive family since 1956.

The property has been the site of countless producer field days over the years looking at coastal pasture improvement using the ponded pasture strategy.

Ponded pasture refers to the…

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