Street Cry Gelding Tops Australian Sale

Clearance rate more than 90% during Melbourne auction.

North Street, a 5-year-old gelded son of Street Cry, brought the highest price of Aust$33,000 ($29,408 in U.S. funds) during the William Inglis & Son Melbourne December Thoroughbred sale at Oaklands in Australia Dec. 18. Peninsula Bloodstock was the buyer.

Produced from the Nureyev mare Popolaccio, North Street has won three of his 27 career races while finishing second eight times and third three times. The gelding was sold by his owners, which were identified as P. and Mrs. B. Cheers by The Jockey Club Information Systems’

The auction’s final figures included a gross of Aust$846,650 ($754,484) for the 206 horses that sold. The average price was Aust$4,110 ($3,663), and the median price was Aust$2,250 ($2,005). The clearance rate was 94.1%, with only 13 of the 219 horses offered failing to find new homes.

“Today’s sale was typical of what we have seen at most of our Thoroughbred auctions this year, with potential racehorses and breeding prospects keenly sought after,” said Inglis director Peter Heagney. “Every state and territory in Australia was represented in the successful buyers’ list, which meant there was strong competition across the board throughout the sale.”

The auction was the final sale of the year for Inglis.