The Inglis Great Southern Sale came to a close on Tuesday evening after 504 lots traded over three sessions at an excellent clearance rate of 85%.

The average, median, gross and clearance rate for the broodmare, yearling and racing stock section of the sale all recorded significant increases on 2013 figures, similar to this week’s buoyant weanling sessions.

“The high clearance rates in Melbourne has always been a feature of these sales,” Inglis Director Peter Heagney said.  “We are delighted with the overall results with all figures showing an increase on last year.  The move back to the original June date has obviously been well received by both buyers and sellers.”

The top priced lot on Day 3 was stakes winner Rare Diamond (Lot 443).  Offered by Three Bridges Thoroughbreds, the daughter of Redoute’s Choice was sold in foal to Wanted for $57,500 to Fesen Pty Ltd.

Buyers from all parts of Australia and New Zealand were busy during the mixed bloodstock offerings on Days 2 and 3 led by Damon Gabbedy of Belmont Bloodstock who spent $136,000 on six lots.

Gabbedy’s purchases included the stakes placed mares Anelene and Here For Glory (in foal to Smart Missile), Uate’s dam Long Walk (in foal to Magnus) and well-related mares More Black Magic (in foal to Astronomer Royal) and Newstar Lass (in foal to Americain).

A total of 280 broodmares, stallions, yearlings, unbroken and racing stock grossed over $1.68 million which was a 56% increase on 2013.

BLUE GUM FARM
The Blue Gum team were busy at Oaklands selling a total of 18 foals and mares.
L-R:  Michael and Lisa Matthews, Chris Kent and Philip Campbell
Photo:  Sharon Chapman / Fast Track Photography