The average price of horses sold at Sydney's Inglis yearling sales was around $285,000, the second-highest sale price since global financial crisis, helped by leading trainer Gai Waterhouse, who spent around $9.2 million through her various groups.

She was only surpassed by Angus Gold of Shadwell Stud, a buyer for Sheikh Hamdan, who spent more than $10 million at the sales. Total sales this year were around $106 million, Inglis managing director Mark Webster said.