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   October 05 - 0350                                                                                                         
George Ward Tjungurrayi

Tingari

AETJUGW8011AK

 

Acrylic on Canvas

134cm x 50cm

 

Total Value of the Secondary Art Market
(Art Auctioned in Australia indexed to 100)

 

 
*detail
  • To view and select one of four enlarged images by George Ward Tjugurrayi please click here
  • Born circa 1945
    Language Pintupi
  • George Ward Tjungurrayi began painting for the Papunya Tula Artists around 1976
  • His country is north-west of Kintore through to the Western Australian border
  • He is one of the senior painters from the region and is one of the most highly regarded Indigenous painters still working.  In 2004, he won the Wynne Prize for Landscape Painting, Australia's most prestigious landscape art award.
  • This critical recognition has underpinned his influence not only on Indigenous imagery and culture but on Australian culture more widely.
  • Ward is in the most prestigious Indigenous art collections both in Australia and overseas, including major galleries such as the National Gallery of Victoria

Jason Benjamin

In that house there's a woman I love (Broken Hill)

 

Etching
40 x 65cm

 

 

 

*detail

  • To view an enlarged image of this work please 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.



Camilla Connolly

No.1 on the Rich List - Matilda Devine

 

Oil on Linen
120cm x 120cm

 

 

 

*detail

 

  • To view and select one of five enlarged images by Camilla Connolly please click here
  • Camilla Connolly is an extraordinarily talented painter who draws upon her experiences on the darker side of Sydney to construct highly evocative and dramatic narrative paintings. Her deep understanding of art history - both European Masters and the greats of Australian Modernism - have been recontextualised into beautifully painted surfaces, that have been swiftly gaining momentum in the art market.
  • Connolly’s work does not preach. It is expressive and passionate about the themes that have affected her, speaking from the heart with an undying and focused determination to make her unique mark on Australia’s cultural landscape.



Jeff Makin

Lake St Clair, Tasmania

 

Etching

Sugarlift Aquatint

(3 plate)

45cm x 90cm

edition size 30

 

 

*detail

  • To view an enlarged image of this work please 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 brings together four of the most exciting prospects in the Australian art market. All works included can be regarded as highly rentable in the corporate market and have significant capital appreciation potential.

The new etching Lake St Clair by Jeff Makin, recently launched by Art Equity, is a continuation of the defining series dealing with the sublime elements of the Tasmanian landscape.  Makin is one of the senior landscape artists in Australia and had a pivotal role to play in the development of the strongest of the mid-career artists in Australia, including Jason Benjamin. 

The inclusion of one of the recent editions by the highly regarded and sought after Jason Benjamin, brings excitement. His recent editioned works are amongst the strongest performing and most highly collectable within this category.

The portfolio is balanced superbly by the inclusion of a George Ward painting. Ward is one of the most highly regarded of the Western Desert painters working today.  He was the second Indigenous painter in history to win the major landscape painting prize - the Wynn Prize, last year at the Art Gallery of New South Wales.  Such a prestigious award underpins his critical acclaim. In pure investment terms the potential gains from off-shore investors and collectors for Indigenous art highlights the importance of its inclusion in any art portfolio.

A major new work from Camilla Connolly’s exhibition, opening Thursday 6th October at Art Equity's Barrack Gallery provides an outstanding opportunity to invest in the work of one of the most articulate and driven contemporary emerging artists working in Australia today.  Her appropriations from significant moments in Australian art history are blended with a vision that is at once beautiful yet with a gritty undercurrent of social realism.


Offer Summary
Portfolio Price
$24,950		 Term
2 Years 		Rental Return
9.0% pa
Total Price including GST, valuation & framing $26,550

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.