Under $1m for a WA outback station bigger than Vatican City, Monaco, Nauru, Tuvalu, San Marino and Liechtenstein – Hy Brazil Station’s price tag could test whether mega‑scale pastoral land stays local or is snapped up by overseas buyers.
Hy Brazil Station in the Murchison region of WA’s Mid West spans 16,618ha (166.18 square km), making it larger than each of those six countries – and it’s just hit the market for $900,000.
At that price, the pastoral lease near Mount Magnet values land at roughly $22 per acre or $54/ha – numbers that look sharp by global standards and may entice offshore investors seeking scale at a discount.
The “semi‑arid” station sits on the outskirts of Mount Magnet (population 653), the historic gold‑mining town that’s been WA’s longest continuous gold‑mining centre since 1891 and home to Hill 50 GM – Australia’s deepest and, for a time, richest underground gold mine.
It’s accessible via sealed roads, including the Great Northern Highway, which also provides sealed access into the station.
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Mount Magnet in WA’s Mid West. Picture from WA government.
Hy Brazil Station in the Murchison region of WA’s Mid West
Selling agent Alan Fairhead of Morgan Sudlow & Associates said inquiry has already been strong.
The pastoral lease includes an old homestead, a shearing shed and outbuildings, plus eight bores – six with windmills and tanks – with several water points supported by stock yards.
The broader market backdrop helps explain the keen interest.
According to Bendigo Bank Agribusiness, Australian farmland values plateaued across the first half of 2025, with the national median at $9,885/ha – a modest 3.1 per cent year‑on‑year dip – while transactions fell to a record‑low 3,104 sales, down 11.5 per cent year‑on‑year and 14.9 per cent below the second half of 2024.
A larger share of sales occurred in the lower‑priced states of South Australia, Western Australia and the Northern Territory, putting listings like Hy Brazil squarely in the spotlight.
Recent deals show how large pastoral assets continue to attract international capital.
The sale includes an old homestead.
A shearing shed, plus eight bores are also included in the sale.
After almost seven months of negotiations, WA’s Rawlinna Station, Australia’s largest sheep station, sold for more than $20 million to UK‑based Consolidated Pastoral Company, which also owns Isis Downs Station in Queensland. Rawlinna’s lease covers about 10,463 square km – bigger than Lebanon, Palestine, Puerto Rico, Brunei and even Hong Kong – and it’s roughly the size of Sydney.
In Victoria’s southwest, Germany’s Munich Re made headlines for purchasing 12 farms in the Corangamite Shire, according to the Daily Mail – a lush pastoral area known as one of Australia’s biggest food‑generating regions with near‑perfect dairy conditions.
With scale this rare and a sub‑$1m guide, Hy Brazil Station could be one of the year’s most watched pastoral listings – and a test of whether WA’s big blocks remain in Australian hands or draw a wave of overseas bidders.
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