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   December 05 - 0460                                                                                                         
David Larwill

Hot Head

 

Etching and Lino Cut

78cm x 59cm

Edition size 50

 

Annual Auction Turnover

1997-2004 (EUR)


Source: Artprice.com

______________________________

Average Annual Prices

       of Oil Paintings Sold in AUD

Source: Australian Art Sales Digest

 

 
  • Click here to view an enlarged version of the above image by David Larwill
  • click here to read the latest news about David Larwill
  • David Larwill has played a pivotal role in Australian culture throughout the 1980's and 90's. His imagery has broad appeal with markets expanding offshore. Larwill in recent times has begun to develop a print career of note, complementing his painting.
  • Larwill is showing in London towards the end of 2005.
  • $100 USD invested in 2000 in a work of David Larwill had an average value of $228 USD in  June 2005.
  • Larwill's top price at auction is $51,700- Deutscher-Menzies 2002 (The estimate was $28-35K).
  • A relatively young artist to have a track record with a top price and excellent consistency in backup in secondary sales speaks volumes.
  • “Larwill has been undervalued at auction for many years. The recent high prices to some extent corrects this and brings him into line with other leading contemporary artists such as Maguire and Moffat”   - Mark Fraser, Sotheby’s.
  • "Larwill over the next 5 – 10 years will rise dramatically…There is a good book on him; he is collected by older collectors who already have sound collections of the Moderns (Blackman, Boyd, Tucker etc) as well as the younger collectors who are only starting to put collections together now. He seems to me to be a very good sound artist to invest in or just to enjoy”  - David Cook, Christies.
  • "Artists with room to move in the market:...David Larwill.”   - Michael Reid, The Daily Telegraph, July 2004.

Jason Benjamin

Taking Our Tears Away (Raywood)

 

Etching (Four Plate)
40 x 65cm

Edition size 50

 

 

 

 

  • Click here to view the enlarged version of the above image by Jason Benjamin
  • 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.



Mark Schaller

Untitled

 

Etching

78cm x 59cm

edition size 50

 

 

 

 

 

  • click here to view enlarged version of the image by Mark Schaller

    • Mark Schaller was born in Hamburg in 1962.
    • Schaller studied fine arts at the Victorian College of the Arts in his late teens after part-studying film and other visual art courses. And today, he still studies life-drawing.
    • He became a founding member of the renowned Roar studios in the early 1980's, and sold his first painting at 18 during an early Roar Studio show in Prahran.  The group established its enduring reputation at its Fitzroy gallery and since then Schaller has made his way in the world via his own hand, through painting, sculpture and print-making.
    • Career highlights have included successful solo exhibitions in Australia and overseas as well as acquisition of his paintings and prints by major Institutions such as the National Gallery of Australia.

    •  Schaller has an abundant curiosity, and is highly inventive in his selection of materials and work practices. Besides his paintings, his latest focus has been large sculptural forms in wood and limited edition print work. 

    •  Polystyrene has been one of the unusual inspirations behind Schaller's current print works - created through a process of dripping "turps" on to the material, which naturally eats deeply into the base.  Schaller came up with this unusual process after spending several months studying traditional print-making methods at Fitzroy's Port Jackson Gallery. (PJP)

    • The results produced are unique combinations of his famous expressive, colourful style and the high quality prints of Port Jackson Press. 
    • From an art market perspective, Schaller is regarded as a very strong mid career artist, who has continued to build a significant career for the past decade, continuing to challenge himself to make art that is passionate and relevant to contemporary culture.



Portfolio Construction

This Premium Portfolio brings together three 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 striking imagery of the two key figures of Roar Studios, David Larwill and Mark Schaller, who came to the attention of the collecting public as the founding members of this influential artist-run exhibition space established in Melbourne in 1982 are featured in this collection. 

The importance of the two, as established within the secondary market, is assured in a variety of media.  Both have spent considerable time working within the studios of Port Jackson Press, creating unique etchings, critically regarded as their best limited edition print works to date.

Also included amongst this group is Jason Benjamin, one of the most highly sought artists in Australia.  His evocative landscapes have a broad appeal across the art market and with the collecting public.

From a market and critical perspective all artists are well established in both the primary and secondary art markets.  The rental appetite for these works is also strong.

This is a portfolio which will long be regarded as an important benchmark in Australia’s cultural heritage, robust in terms of capital appreciation and sustained rental return.

 


Offer Summary
Portfolio Price
$11,400		 Term
4 Years 		Rental Return
7.5% pa
Total Price including GST, valuation & framing $12,600

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.