Country estate in rare company: Western Districts property believed to be worth $30 million

Stockbroker John McIntosh and his wife, Marita, have listed their trophy Terinallum estate, which sources believe could be valued at more than $30 million.

Two months ago former South Melbourne VFL footballer Stewart Gull banked a speculated price of between $30 million and $50 million selling his nearby Banongill Station property, also in Victoria’s Western District.

The 3240-hectare Darlington farm – settled by the Clyde Company in 1846 – is productive, being sold with 10,000 head of ewes, crops for barley, canola and wheat, and substantial infrastructure including undercover cattle yards, machinery, stables and station outbuildings.

A six-bedroom homestead is surrounded by a three-hectare garden with views to Mount Emu Creek, which the property abuts for 24 kilometres. This rolling lawn area, which has featured in Victoria’s Open Gardens Scheme, also includes a reflection pool, swimming pool, tennis court, croquet lawn and hothouse.

Once visited by the Victorian Governor and later Governor-General Lord John Hopetoun, Terinallum has been owned by pastoral families who include the Cummings, Baileys, Wynnes, Barr-Smiths, McEacherans and Lindsay Nicholas, who was married to a concert pianist, Hephzibah Menuhin, the sister of violinist Yehudi Menuhin.