Record breaking sale at new complex
The first yearling sale at the new William Inglis’ Riverside complex has been hailed a success with a record breaking Book One continuing on to the three days of selling for Book Two of the Classic sale.
The multi million dollar establishment at Warwick Farm opened for business on Saturday night and the sale ended on Tuesday.
With an average of $44,914, clearance rate of 88 per cent and a gross of $7,051,500 the gross for the four days was $55,518,000.
2018 CLASSIC YEARLING SALE STATISTICS:
BOOK 1 (2017 in brackets)
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Lots Sold: 518 (505)
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Clearance Rate: 93 per cent (90 per cent)
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Average: $93,565 ($71,342)
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Median: $75,000 ($55,000)
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Top Price: $480,000 ($400,000)
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Gross: $48,466,500 ($36,025,500)
BOOK 2
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Lots Sold: 157
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Clearance Rate: 88%
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Average: $44,914
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Median: $35,000
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Top Price: $200,000
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Gross: $7,051,500