04/07/2010 11:00PM

Australian sale ends with declines


The Inglis Easter yearling sale near Sydney, Australia, ended Thursday with another seven-figure yearling but across-the-board declines.

Thursday's session-topper was a daughter of Zabeel and Gin Player who Lakeview Resources of Victoria bought from the New Zealand-based consignor Rich Hills Thoroughbreds. The price was approximately $1,196,000. That brought That brought the number of seven-figure horses at the auction to four, including the sale-topper, a Redoute's Choice-Regrowth colt who sold for about $1,725,000, earlier in the auction.

The three-day select portion of the sale sold 364 yearlings for about $74,000,200, resulting in an average price of about $203,297 and a median of approximately $147,200. Compared year-to-year in Australian dollars, the select sale's gross fell 10 percent, while the average and median prices decreased by 8 percent and 11 percent, respectively.