Sale Overview

The upward trend of the Melbourne Premier Sale continued in 2010 with increases across all market indicators. Highlights included the average for Session I rising 30% and Session II statistics improving a staggering 50% from 12 months ago.

A total of 396 horses in Session 1 (Days 1-3) were sold, with the gross figure topping $28.4million, representing a 21% increase on the figures from 12 months ago, despite 60 fewer horses being offered.

The average rose to $71,764, while the $55,000 median was up 22% on the 2009 figures. The final clearance rate of 80%, which is rose consistently thanks to horses selling post sale via the Make an Offer service, also bettered the 2009 mark.

The trend continued throughout the final day, with 108 horses selling in Session II for a gross of $3,001,500 – a hefty rise on the 2009 figure of $2,009,000. Day 4’s average of $27,792 represented a 46.6% increase in the corresponding session from 2009.

Furthermore, 15 horses made $50,000 or higher in Session II (compared to four in 2009).

At the conclusion more than $31.5million was traded over four days of the 2010 Premier Sale.

"This is a tremendous result and just reward for our vendors who have committed a wonderful team of young horses to this year’s sale," Inglis Director Peter Heagney said.

"The record of Melbourne graduates speaks for itself and with that reputation growing all the time, there was plenty of incentive for buyers to be here at Oaklands to secure the stars of tomorrow," Inglis Director Peter Heagney said.

"I’m certain that buyers from this year’s sale will be reaping the rewards in the coming seasons."

Horses passed in during all four days of the sale are still available post sale via the Inglis Make an Offer service.

A Photo Gallery of this year’s sale and events can be found by clicking HERE