Mount Margaret Station
| Company type | Pastoral lease |
|---|---|
| Industry | Agriculture |
| Headquarters | Quilpie (approximate) , Australia |
Area served | Queensland |
| Products | Sheep, cattle (Angus) |
| Owner | Kilburnie Pastoral Co. |
Mount Margaret Station is a pastoral lease functioning primarily as a sheep station and more recently as a cattle operation. It is situated approximately west of Quilpie and south of Windorah in Queensland. The property enjoys abundant water access, featuring of double frontage along the Wilson River and its tributary creeks.
Historically recognized as Queensland's and Australia's largest sheep station, Mount Margaret covers an area of , surpassing the size of Brunei. In 2010, the station was sold for $12 million without livestock but including all machinery and infrastructure, to Kilburnie Pastoral Co., a cattle producer based in New South Wales.
The station was owned by Peel River Pastoral Company from 1925 until 1937, when it was sold to the Killeen Brothers for £50,000. At that point, the property supported 10,000 cattle and 250 horses, with intentions to shift focus towards sheep farming.
By 1956, under the ownership of Pastoral Development Holdings (formerly Elsinora) managed by the Killen family, Mount Margaret maintained a stock of 76,000 sheep alongside 5,000 cattle. Over time, neighboring properties such as Malagarga and Kihee stations were held concurrently with Mount Margaret. In 1969, Mr T. M. Gadsby acquired the station; the Gadsby family retained possession until 1979.
In 2004, Bydand Pastoral Company, led by Mike Gordon, purchased Mount Margaret from the Reid family based in Yass. Bydand placed the property on the market in 2009, leading to its acquisition by Kilburnie Pastoral Co. in 2010. Kilburnie continued ownership through at least 2012. The station currently focuses on breeding and marketing Angus cattle, with a sale valuation close to AUD 12.5 million excluding livestock.