 George Peppin died in 1876, and in October 1878, Frederick Peppin sold Wanganella, South Boonoke and Long Plains with 28,168 sheep, 837 stud sheep, 200 cattle, 25 horses and 32,857 acres (132.97 km²) of freehold for £77,000 to Austin & Millear.North Boonoke station with 26,788 sheep, 290 cattle, 63 horses and 31,484 acres (127.41 km²) of freehold land was sold for £67,000 to F. S. Falkiner, Malcolm McKenzie and J. R. Ross in November 1878.Falkiner bought out his partners in 1882, transformed the property and developed a stud with sheep bred from the original Peppin stock.