After 21 years Magic Millions’ sales are still today experiencing spectacular growth. In the past four years the turnover has surged from $80 million to a staggering $160 million plus. Magic Millions currently sells in excess of 7,000 horses a year.
Magic Millions sales complex is recognised internationally as one of the best venues to conduct a thoroughbred sale.
An hours drive south of Brisbane , Magic Millions is situated on 12 acres of prime real estate in the heart of the Gold Coast, minutes from the world famous beaches, Surfers Paradise.
In 2005 the Conrad Jupiters Magic Millions Sale at the Gold Coast in January averaged $117,000 per yearling and accounted for in excess of $65 million of the annual company turnover. The sale in terms of number catalogued is the largest in Australasia and is second in terms of average and aggregate.
Magic Millions acknowledges the importance of the international market and aggressively promotes itself to overseas buyers to attend its sales. In 2005 in excess of $28 million of sales were made to overseas buyers.
In 2005 visitors from South Africa, UK & Europe, United Arab Emirates, USA, Hong Kong, Singapore, Malaysia, Macau, Japan, Korea, China, Philippines and New Zealand were in attendance at the Magic Millions Sales and Carnival and were active in their purchase of yearlings.