Dirranbandi property ‘Ballandool‘ has sold at our Ray White In-Room Auction for $6.8 million to neighbours the Gobbert family. The price equates to about $244/hectare ($99/acre). The losing bidder was a Hong Kong-based company. The 27,853ha (68,926ac) property is located 20km west of Hebel and has 5540ha of cultivation, and an additional 2428ha which could be developed for cultivation. ‘Ballandool‘ has been a dryland farming property since the sale of its water entitlement under a federal government water buy-back scheme. Improvements include a homestead, cottage, quarters, sheds and a sealed airstrip. Bruce Douglas – Ray White Rural Queensland and Mark Schwerin – Ray White Rural St George handled the sale.