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Albert Namatjira is one of Australia’s most enduring artists. With more than 1500 entries on record he is one of the most prolific in auction records. He began painting in the early 1930s and became the first Aboriginal painter to be recognised internationally. Recent years have seen growing interest in his work reflected in high status exhibitions and publications, featuring both his own watercolours and those of his extended family from the community of Hermannsburg. This in turn has fuelled a remarkable performance at auction where in 2025, six out of 23 sales featured in his 10 top record prices and each of these sales skipped way ahead of their initial estimate.
While the average price paid for his works rose steadily after his death in 1959, interest was inconsistent and prices remained relatively low. Nevertheless, at the dawn of the secondary market for Aboriginal art in 1994, the year Sotheby’s held their first specialist sale, works by Albert Namatjira held 43 of the highest 50 results ever achieved for Aboriginal paintings. They occupied all of the highest ten results other than the record-setting work credited to Tommy McRae. This momentum did not continue, however.
By 2002, the year of the important exhibition Seeing the Centre: The Art of Albert Namatjira 1902-1959, at the National Gallery of Australia, not a single work by Namatjira remained amongst the highest 50 prices achieved for Aboriginal artworks. This exhibition proved to be pivotal, provoking a re-evaluation of his work and re-invigorated serious interest in his paintings. At auction, prices began steadily to increase to an average price close to $25,500. In November 2005 Christies achieved a record of $50,190 for Neey-Too-Gulpa, (Lot 26). Like all his works (apart from several painted objects), it is a small watercolour on paper: (35.5 x 46.5 cm). It had been estimated at $35,000-45,000. In Deutscher-Menzies' final sale of that year, another work of similar size sold for $48,000 (Lot 25). Namatjira’s paintings were on the rise.
It is difficult to trace all of the works offered in order to detect which works failed to sell and were subsequently successful at auction. The duplication of titles, the lack of dates on most of his works, and inconsistencies in measurements are far too confusing. However, investors should note that of the top 50 results achieved for this artist, the vast majority have sold for between 5% and 20% above their high estimates. Even when looking at works in the lower price range, valuations by auction houses have continually underestimated the level of interest and the amount collectors were prepared to pay. The prejudice against Namatjira amongst some appraisers during the first decade of the 21st century was ‘out of kilter’ with the public’s enchantment with his works. This prejudice did not continue post-2005.
In 2006, Sotheby’s achieved a new high-water mark for the artist. A rare depiction of the early Hermannsburg mission, Hermannsburg Mission with Mt. Hermannsburg in Background 1936 or 1937 (Lot 23), estimated at $40,000-60,000 sold for $96,000 smashing the previous records by more than $30,000. In 2008, despite the gloomy art market overall, another undated but beautiful image called simply Ghost Gum sold for the artist's second highest record of the time; $66,000, at the Sotheby’s October sale (Lot 168). Namatjira was the 3rd most successful artist of the year in 2009 and 2nd most successful in every year subsequently other than 2014 when he finished on top of the list. In 2016, an iconic image of the early Hermannsburg mission sold for $122,000. Another very lovely image of Ormiston Gorge sold in the same auction for $85,400.
Namatjira's success rate at auction continued unabated. It is higher than that of any other individual indigenous artist, consistently oscillating between 70 and 93%, at present sitting at 79%. A dramatic upswing was underway by 2022 when the 39 works sold that year doubled his grand yearly total to a record $1,791,605, leaving only one work unsold. This standout year included his top sale ever of $245,455 for Smith and Singer’s November auction of Waters of the River Finke, 1958 (a signed watercolour: 38 x 58cm). Other big sales that year were Glen Helen Gorge (38 x56.5cm) $122,727 and Looking West Spring Gap (28 x 39cm) $110,455, both with Deutscher and Hackett and both surpassing their upper estimate.
The rush did not end there: 2023 proved to be an excellent year with Blackwood Trees at Rapid Creek, Darwin (36 x 26cm), believed to be Namatjira’s first seascape selling with Singer and Singer for $122,727 and taking 8th place in his top ten sales. This success continued on, and into 2024 with impressive and consistent sales throughout. It now becomes increasingly more difficult to find a Namatjira in the more attainable 10 –$25,000 price range, and within the 25 –$50,000 price range works are widely sought after, with few remaining unsold. Small painted objects or prints occasionally appear at the more accessible end.
As the 2025 yearly total results attest to, the affection in which Albert Namatjira is held in the national psyche should ensure that prices for his most successful works will continue to steadily increase over time. The average price for a Namatjira work is now over $77,000 and although this average is lifted by those chart topping 2025 sales such as, Arafura Sea at Darwin, 1950, sold by Deutscher and Hackett for $233,182 and Waters of the Finke (1958), Singer and Singer, $220,909,(a drop nevertheless from 2022), it shows that across Namatjira’s full and reminiscent oeuvre, this artist will rise above any changes in taste and fashion.
Rank #4Cumulative AAMI 71.07
Annual AAMI rating by year — hover or tap a bar for the exact figure.
How the AAMI rating is calculated
The AAMI (Aboriginal Art Market Index) measures an artist’s auction performance each year. Each annual rating combines the value of works sold (total sales and clearance rate), the number of works offered, and the average price achieved — with adjustments that temper thin trading years and a rising annual price threshold, so results stay comparable over time. The yearly ratings are added together into an artist’s Cumulative AAMI score, which determines their rank in the index.