Two fires in the Ballarat district last week caused widespread pasture, stock and fencing losses as well as a number of houses and other structures.
The late season fires came on a day when strong winds made for dangerous fire conditions over much of the state with a Total Fire Ban in place for the Mallee and Northern Country on Friday.
Reports so far show more than 2000 livestock were lost along with hay, grain, fencing and pastures.
READ MORE: IN-DEPTH COVERAGE OF THE FIRES
Mount Mercer farmers the Parker family lost about 20 kilometres of fencing in the fire that raced through part of their farm on Friday afternoon.
Brian Parker said the family's farm was in three blocks and one block had been completely burnt.
"Every square metre of that block is black," he said.
He said the damage bill included more than 12,000 trees in shelter belts as well as 650 Merino wethers and 65 bales of hay.
"The wethers were good fine wool sheep that we sold wool from at 2500 cents a kilogram about six weeks ago," he said.
Plastic silo bags holding around 700 tonnes of wheat were also destroyed.
Mr Parker said they had been relatively lucky with breeding sheep moved to another block prior to the fire being saved.
A timely wind change directed the fire away from further assets.