A 36-hectare property near Koroit has sold at auction for $6100 an acre.
Brian O'Halloran and Co director Brian Hancock said about 40 people attended the auction at the Koroit Bowls Club.
"We had three main bidders and the price started at $5000 per acre," Mr Hancock said.
The beef grazing outpaddock had been owned by Leo and Matthew Gleeson for 58 years.
Mr Hancock said the vendors were pleased with the result.
The paddock was sold to a local buyer, but the other bidders were from Darwin and Ballarat.
"It was an excellent result and shows there's a lot of confidence still coming in for the rural properties," Mr Hancock said.
The property boasts timber stockyards and solar powered electric fences.
It is watered by a windmill to tank and troughs plus there is another unequipped four-inch bore.
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