Kerry Stokes buys Mount House station from the McAlary clan

Jonathan ChancellorJuly 19, 20160 min read

Billionaire Kerry Stokes has bought another big cattle station in the WA Kimberley.

The Australian suggested Stokes, chairman of the Seven Network, bought the Mount House pastoral station near Halls Creek for $20 million plus.

The station was sold by the McAlary family, owners since the 1980s.

It was once a station with 30,000 head of cattle.

Stokes bought the nearby 400,000ha Napier Downs station for about $25 million last year.

Jonathan Chancellor

Jonathan Chancellor is one of Australia's most respected property journalists, having been at the top of the game since the early 1980s. Jonathan co-founded the property industry website Property Observer and has written for national and international publications.
Tags:
Cattle Station
Rural Property
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