The sun was hot and so were the results for Victorian vendors and breeders at last week’s Magic Millions Gold Coast Yearling Sale.
Victorian vendors achieved an extraordinary 96% clearance rate– which bettered the overall sale clearance rate of 87%.
Highlights for the Victorian breeding industry at the sale included:
- $650,000 paid by James Harron Bloodstock for a son of Written Tycoon (out of Pearl Goddess). This is believed to be the highest price paid for a yearling at Magic Millions sired by an active Victorian sire.
- Musk Creek Farm of Flinders had a highly successful sale leading the Victorian vendors with an average sale price across 12 lots of $212,917.
- Musk Creek’s sales included a Sebring-Footprint colt sold to a Hong Kong buyer for $600,000.
- Rosemont Stud sold the highest priced filly of the Victorian vendors with its homebred Zoustar-Karalli yearling selling to Clinton McDonald Racing for $400,000.
A number of Victorians obtained handsome profits from pinhooks including:
- Musk Creek’s Dundeel – Cerberus Gal colt selling for $500,000 to Spendthrift after he was purchased as a weanling for $240,000.
- Kulani Park of Merricks North bought their Zoustar – Permaiscuous colt for $100,000 at the weanling sales and then sold him for $375,000 on the Gold Coast.
Victorian owners and trainers bought the largest number of VOBIS nominated yearlings, but notably there was strong interest also from Hong Kong, Singapore, Macau and China buyers for Victorian bred product.
On the buying side, a number of Victorian breeders were prominent once again. Sun Bloodstock (5 yearling colts) and Spendthrift Australia (3 yearling colts) both bought well-bred colts with no doubt an eye on a possible stud career down the track.
Other Victorian breeders including Murray Thoroughbreds, RIFA Mustang, Yu Long Investments, Baystone Farm and Noorilim Park were also significant buyers on the Gold Coast.