Sale Details

2011 Melbourne Premier Yearling Sale
28 February & 1, 2, 3 March 2011
Oaklands Junction

Sale Overview

The curtain came down on the 2011 Melbourne Premier Sale with the sale recording significant increases across the board, concluding a highly successful four days at Oaklands.

All key indicators are up on results from 12 months ago, with this year’s Session 1 breaking through the $30million barrier for only the second time in the sale’s history, bettering the $28.8million last year and well up on the $23.3million 2009 figure.

The Session 1 average finished at $72,073, with a median of $60,000 and clearance rate of 82%. A total of 19 yearlings broke the $200,000 mark.

Session 2's average of $31,917 represented a 15% increase from 2010 figures, while the gross of $3,479,000 was also up 11%. It was a similar story with the $25,000 median and top priced lot of $150,000 bettered last year’s Session II topping price of $130,000.

“It’s always nice have an improved gross figure, but from the point of view of vendors and of greater importance in my opinion, is that the average and median are both up and I think the sale has achieved a fantastic result in this regard,” Inglis Director Peter Heagney said.

“To get increases in all aspects of the sale is a very satisfying achievement and results at Oaklands this week have been comparatively better than any sale conducted in Australasia this year.”

“This reflects very favourably on the graduates we have flying the flag for this sale – both in Australia and abroad – and the quality of horses that our vendors continue to bring to Oaklands.”

Lot Index

Sale

Session	Lots
Day 1, Session 1, 28th February 2011	1 - 190
Day 2, Session 1, 1st March 2011	191 - 380
Day 3, Session 1, 2nd March 2011	381 - 568
Day 4, Session 2, 3rd March 2011	569 - 725

Statistics

Session Breakdown

Lots		Amounts / Prices
Session 1 Lots 1 - 190, 191 - 380, 381 - 568
Catalogued	568	Gross Amount	$30,735,500
Sold	429 (84%)	Highest (Lot 412)	$340,000
Passed In	84 (16%)	Average	$71,645
Withdrawn	55	Median	$57,500

Lots		Amounts / Prices
Day 1, Session 1, 28th February 2011 Lots 1 - 190
Catalogued	190	Gross Amount	$9,519,500
Sold	145 (84%)	Highest (Lot 13)	$310,000
Passed In	28 (16%)	Average	$65,652
Withdrawn	17	Median	$50,000

Lots		Amounts / Prices
Day 2, Session 1, 1st March 2011 Lots 191 - 380
Catalogued	190	Gross Amount	$10,417,000
Sold	138 (83%)	Highest (Lot 284)	$260,000
Passed In	29 (17%)	Average	$75,486
Withdrawn	23	Median	$60,000

Lots		Amounts / Prices
Day 3, Session 1, 2nd March 2011 Lots 381 - 568
Catalogued	188	Gross Amount	$10,799,000
Sold	146 (84%)	Highest (Lot 412)	$340,000
Passed In	27 (16%)	Average	$73,966
Withdrawn	15	Median	$57,500

Lots		Amounts / Prices
Day 4, Session 2, 3rd March 2011 Lots 569 - 725
Catalogued	157	Gross Amount	$3,514,000
Sold	110 (79%)	Highest (Lot 682)	$150,000
Passed In	30 (21%)	Average	$31,945
Withdrawn	17	Median	$25,000