| Market Overview |
Annual Australian Art Auction Sales
Last 10 years (millions $Au) |
|

|
The Australian art market has witnessed sustained and tremendous growth throughout the last 10 years. This trend is exemplified by secondary auction results by AUD Volume.
to read about the recent auction activity in 2005. click here
|
|
Premium Portfolio November 05 0391
|
| Brad Munro |
|
The Stone , 2005
Oil on Linen
183 x 153cm
|
|
 |
|
|
|
|
To view and select one of the works by Brad Munro click here
- Emerging artist Brad Munro’s seductive paintings entice us into his world of colour, mood and sensibility. He paints about desire- transcending cultural conditioning. Works present the balance between yin and yang, between tension and harmony.
- In technique, Munro is a master of abstraction and colour theory. Applying pure hue from the colour wheel directly to the surface, his results are extraordinary journeys which hold the viewer spellbound. The sheer thickness of applied paint is testament to Munro’s enormous energy and the physicality or “process” of creating.
- With strong references to the work of Gerhardt Richter, Mark Rothco and mid century American abstraction, Munro’s work also recalls the great impressionists John Turner and Claude Monet.
- Brad has held sell-out solo exhibitions since 1997 and has been included in numerous group shows, notably at Campbelltown City Bicentennial Art Gallery, Mosman Art Prize Mosman and Salon des Refuse, S.H. Ervin Gallery, Sydney. His work is represented in both private and corporate collections including the Arthur Boyd Foundation, Private Collections in London, New York, Sydney, Singapore; Tetsuya Collection; The Minimbah Collection.
|
| Jason Benjamin |
|
Taking Our Tears Away (Raywood)
Etching (Four Plate)
40 x 65cm
|
|
 |
|
|
|
To view an enlarged image of this work click here
- Jason Benjamin has been awarded the Packing Room Prize in the prestigious 2005 Archibald Awards for his portrait of actor Bill Hunter, titled Staring down the past.
- Over the last decade, Benjamin has shown extraordinary perseverance in his rise to be regarded as the one of the best mid-career artists in Australia.
- Benjamin was the youngest artist to reach $50,000 at auction and the youngest artist to reach $76,000 at auction.
- The total secondary auction sales for this artist in 2000 were less than $1000 – by 2004, sales of his work had exceeded $188,000 (source: Australian Art Sales Digest). There has also been a thriving secondary trade in his paintings in galleries with investors being returned 4 and 5 times the amount they paid for his paintings.
- Australian Art Collector has short-listed Jason Benjamin in its ‘Top 50 Most Collectable Australian Artists’ alongside the critically acclaimed names of Blackman, Olsen, Whiteley, Boyd and Nolan.
- Benjamin has received a number of national art awards as well as being included in many institutional collections. He has exhibited extensively in Australia (usually selling out before opening night) and demand for his works overseas is rising dramatically
-
Benjamin’s The Clearing was sold early last year at $2500 and is now valued at $5500.
Benjamin is one of the the most bankable artists in the print medium in Australia. All of his previous editions have sold out in the primary market.
|
| David Larwill |
|
Hot Head
Etching and lino-cut
78 x 59cm
|
Annual Auction Turnover
1997-2004 (EUR)

Source: Artprice.com
______________________________
Average Annual Prices
of Oil Paintings Sold in AUD

Source: Australian Art Sales Digest
|
 |
|
|
|
|
To view an enlarged image of this work click here
- David Larwill is one of the most important and distinctive mid-career artists in Australia. As the founder of the ROAR Studios in the early 1980s, Larwill and his fellow contemporaries broke away from the mercy of established galleries and sort to reinvent painting and produce expressive style works.
- Larwill's paintings are naïve, simplistic and direct. His feelings, moods and expressions are represented in each work by the innocent façade of frenetic compositions that often include tribal like figures and the incorporation of intense colour.
- Although the paintings are reminiscent of graffiti, child art and tribal art, they remain powerful, enagaging and playful.
|
| Jeff Makin |
|
Lake St Clair, Tasmania
Etching
Sugarlift Aquatint
(3 plate)
45cm x 90cm
edition size 30
|
|
|
|
|
|
To view an enlarged image of this work click here
- Jeffrey Makin is one of Australia’s most influential artists. As a painter, printmaker and academic, he has a vision of the landscape that one cannot simply classify. His extraordinary understanding of the language and the history of image making, combine in his work to convey a subtleness of light and structure of the landscape.
- Makin is an artist at the height of his skills, who in the same breath successfully delves into the drama of the sublime whilst contemplating a contemporary pastoral arcadia. His long time collaborator, John Olsen in the book Australia Felix The Landscape of Jeffrey Makin (published by Macmillan Press) describes the artist; “You are rare, very rare the way that you have given yourself to landscape and offhand, I know of no other Australian artist that has done so with such singular passion.”
- Makin's highest commission price to date is $100,000 for the Hilton Hotel in Brisbane. He is also due to exhibit in London at the end of 2005. We do believe, this will have a significant bearing on the demand for his work and therefore expect prices to rise.
|
| Portfolio Construction |
|
This premium portfolio is primarily focused on the contemporary sector of the art market. The selection of artists and art works allows for excellent potential growth capacity and ultimately an exceptional rental proposition.
The enormous market appetite for two of Australia’s strongest mid career artists Jason Benjamin and David Larwill has been well documented by all observers to the art market. The two new works offered in this portfolio continue the recent print activity by the pair. They are developing the medium of printmaking as a significant component their artistic careers in the tradition of the great artists such as Olsen, Whiteley and Williams.
The inclusion of a major painting by one of Australia’s brightest abstract painters Brad Munro, brings an explosion of colour and extraordinary vibrancy of composition to the potential rentor of the work. There is no doubt that Munro’s work within the corporate renting market context is second to none. This coupled with his proven talent and academic background makes him a very solid longer term proposition for capital appreciation.
The inclusion in the portfolio of the sublime Lake St Clair, the recently released (and rapidly selling) edition by Jeffery Makin, complements the other artworks. As one of Australia’s senior artists, he has played an important role in the development of Benjamin and Larwill. This is a portfolio of work that is rich on cultural significance, powerful imagery and market acceptance.
|
| Offer Summary |
Portfolio Price
$20,200 |
Term
2 Years |
Rental Return
9.0% pa |
| Total Price including GST, valuation & framing $21,800 |
|
|
| Contact Info |
| Art Equity Rentals Pty Ltd ABN 25 113 422 914
|
A Division of |
Art Equity Pty Ltd ABN 88 104 300 950 |
| Sydney Office: Level 6 Barrack House
16–20 Barrack Street Sydney
NSW 2000 Australia
Email: info@artequity.com.au
Telephone: 02 9262 6660
Fax: 02 9262 6665 |
Perth Office:
21 Howard Street Perth
WA 6000 Australia
Email: info@artequity.com.au
Telephone: 08 9486 1833
Fax: 08 9486 1844 |
| Disclaimer |
Art Equity Rentals Pty Ltd ABN 25113422914 makes no assurances, warranties or representations that any Information contained herein is accurate, complete or balanced. You should not rely on the information. You should satisfy yourself with its accuracy and completeness through inspections, surveys, inquiries, searches, tests etc. by your own independent consultants and representatives. Forecasts, projections, current and historical art prices, and statements of opinion contained in this document are only statements of presently held beliefs. They may prove inaccurate. Nothing in this document should be taken as a recommendation to acquire art. You should seek your own independent financial and legal advice. This disclaimer does not exclude any statutory rights you may have which cannot be excluded. |