Sale Overview

348 yearlings were sold for $11,731,772 during the inaugural Summer Book of the Inglis Sydney Classic Yearling Sale at Newmarket.

The reduced January offerings from Inglis resulted in a 13% increase in average price obtained by vendors from 2012 to $33,712, with the median up 20% to $30,000.

“Buyers were quite selective early on, but the sale really picked up in the afternoon, with considerable growth in the median a result of real strength in the $30,000 to $60,000 price range,” said Inglis Bloodstock Director Jonathan D’Arcy.

“In addition to buyers and vendors asking us for a more compact Summer Book there has also been a call for a select yearling sale in Sydney later in the year.

“I am sure we will see a strong offering the Classic Winter Book on 23 June, with many of the yearlings being able to benefit from another six months of growth,” D’Arcy said.