Inglis's four-day Great Southern Sale came to a close on Wednesday, and the company's Victorian Bloodstock Manager Simon Vivian said he was pleased with the overall results, which included a record price for a Victorian-sold weanling (A$310,000, achieved twice) and a gross of A$15,119,500 that was up 13% on last year and 78% from the 2015 edition of the sale. That amount was achieved for 661 weanlings, yearlings, broodmares, racing stock and unbroken sold at a buyback rate of 19.5% (it was 15% last year from a slightly smaller catalogue) and an average of A$22,949, which was up 15.7%. The median was unchanged at A$9,000. The sale's overall high price of A$460,000 was achieved by the Group 3-winning mare Scarlet Billows (Aus) (Street Boss) on day three of the sale.
“This sale continues to prosper on so many fronts,” Vivian said.
“Twenty-five lots sold for in excess of A$100,000, indicating the significant increase in the quality of lots presented by our vendors. This resulted in unprecedented support from a wide national and international buying bench. It is also very pleasing to see the clearance rate for the select weanling session get up to nearly 80%, and today's racing stock session clearing over 97%.”
The top-priced lot during Wednesday's session of yearlings, racing stock and unbroken stock was Contract Racing's 5-year-old gelding Lucques (Aus) (High Chaparral {Ire}), who was hammered down to Eric Musgrove for A$160,000. Lot 832 has won six of 31 starts and is a half-brother to three stakes winners including dual Derby winner Rebel Raider (Aus) (Reset {Aus}).
Lindsay Park was the leading vendor on day four of the sale, with all 16 offerings sold.
“The Great Southern is a quality sale and one we love supporting and this was a great result for us,” Lindsay Park's Jason Timperley said. “All vendors aim for a 100% clearance rate and we brought some nice horses to the ring today so it was nice to see them all go to great homes. This shows the value of buying well-bred fillies at yearlings sales; they can have a very good residual value once their racing days are over.”
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