News

September 21, 2018

Sydney Contemporary attracts 29,000 collectors and art enthusiasts and secures AUD$21million in artwork sales, representing highest short-term concentration of art sales in Australia annually

Image – The Golden Calf, Alex Seton, 2018. Photo by Jacqui Manning

The fourth edition of Australasia’s largest and most established art fair, Sydney Contemporary, Sydney Contemporary, 2018 secured AUD$21million in sales over five days at Carriageworks; an increase of $5million from 2017.

Approximately AUD$10million of the total 2018 sales will go to artists, demonstrating a powerful moment in the calendar year for artists to help ensure continuation of their practices, and a healthy boost for galleries to continue to support their artists. Sydney Contemporary broke its own record of AUD$16 million of sales at the fair in 2017; the Fair represents the largest short-term concentration of art sales in Australia annually.

In 2018, Sydney Contemporary became an annual event and featured more than 80 galleries, presenting 300 leading and emerging local and international artists who installed museum quality artworks across the entire Carriageworks building, spanning seven large-scale exhibition spaces. Further sales are expected to be finalised in the coming days and weeks.