"It was a very successful sale," Remarkables Park director Alastair Porter said.
"There were 56 lots in the sale, every lot we got a bid on we sold, and there were only five deer in the sale that didn't receive bids."
With 52 registered buyers, an estimated 100 people present and an average sale price of $2656, Mr Porter said the sale was a good result for both the stud and the deer industry as a whole.
The top-priced - and, at 254kg, the heaviest 2-year-old - stag went for $8600 and Mr Porter said it would have been bought for its venison-production potential.
"The second-highest-priced stag in the sale was [trophy stag] Agon and that sold for $7500 to Bob Swann, a legend in the industry.
"If Bob Swann bought the stag, nobody would have any doubt that it would have to be a good stag, because Bob Swann knows more about stags than most of us have ever learnt."
In this year's auction, a new internet bidding system was trialled, giving potential buyers the opportunity to bid against auction attendees in real time.
However, buyers still appeared wary of bidding online, Mr Porter said.
"We believe that there were quite a lot people watching online and that there were quite a lot of people bidding by telephone with their agents, while watching it on their screen.
"We're happy with that. It's a new system and I think, knowing the deer industry and deer farmers, that people are conservative," he said.
"Hopefully, next year that will convert from them being phone bidders to having the confidence to bid online."