Invest
Auction clearance rates on the way up
A weekend auction clearance rate of 69 per cent across all of Australia’s capital cities has highlighted auction success despite a lower level of property volume on offer for potential and prospective buyers.
Auction clearance rates on the way up
A weekend auction clearance rate of 69 per cent across all of Australia’s capital cities has highlighted auction success despite a lower level of property volume on offer for potential and prospective buyers.
According to data from CoreLogic, 854 homes were taken to auction across all capital cities over the weekend, returning the figure of 69 per cent.
The preliminary statistic comes after the previous weekend recorded “the highest final clearance rate since April last year” when 953 homes were taken to auction with a final clearance rate sitting at 64 per cent.
According to the CoreLogic figures, the final clearance rate has held above 60 per cent for the last four weeks, and the data company expects the coming week to be no different.
Over the same week last year, auction activity was reported as being higher, at 1,178 homes, but the increased volume returned a lower clearance rate of 52 per cent.
Here's a capital city breakdown of CoreLogic's findings:
Sydney
The country’s largest city saw a preliminary 77.2 per cent clearance rate over the weekend, with 318 total auctions recorded.
Houses comprised 201 auctions with a 74.3 per cent clearance rate, while 117 units also went under the hammer, returning an 82.1 per cent clearance rate.
At the same time last year, Sydney had returned a clearance rate of 46.9 per cent.
Median house price: $1.15 million
Median unit price: $875,000
Melbourne
Melbourne saw slightly higher volume than Sydney, with 352 total auctions pushing through a 73.6 per cent clearance rate.
Houses made up 214 of the properties up for grabs, returning a 72.5 per cent clearance rate, while just over three quarters (75.5 per cent) of the 138 units up for auction were sold.
This time last year, Melbourne was returning a clearance rate of 56.2 per cent.
Median house price: $792,500
Median unit price: $680,000
Brisbane
Out of the 77 total auctions held over the weekend in Brisbane (70 houses and 7 units), only 30 per cent found buyers.
It makes the city’s clearance rate lower than the same weekend in 2018, when 70 properties returned a 37.9 per cent clearance rate.
Median house price: $720,000
Median unit price: n.a.
Adelaide
South Australia’s capital saw a 54.3 per cent clearance rate over the weekend, coming from a 58-strong pool of property (54 houses, 4 units).
It’s tracking similarly to this time last year, when 67 properties were up for auction, which returned a 55.6 per cent clearance rate.
Median house price: $645,000
Median unit price: n.a.
Perth
Just 10 houses and two units were on offer in Perth over the weekend, returning a 28.6 per cent sale success rate.
It paints a slightly different picture to 2018’s corresponding weekend, which saw 26 total auctions and a 43.5 per cent clearance rate.
Median house price: n.a.
Median unit price: n.a.
Canberra
The nation’s capital had a strong weekend with a total clearance rate of 71.4 per cent bolstered by more than four out of every five (81.8 per cent) houses that went under the hammer finding new owners.
Out of 36 total auctions, 28 of these were house dwellings.
Despite a lower volume of properties on offer compared to 2018, when 47 total auctions took place on the same weekend, 2018’s statistics had only highlighted a 65.9 per cent clearance rate.
Median house price: $665,000
Median unit price: n.a.
Read more on auction clearance rates here.
RELATED ARTICLES
-
Trust, technology and triage: what NSW’s ‘name and shame’ signals for real estate governance
-
Vacancy is rising, demand is resilient: A case study in defending yield as Australia’s rental cycle rebalances
-
Don’t lose the deposit: A case study in stopping real estate payment fraud — and the ROI for doing it
About the author
About the author
Property
Trust, technology and triage: what NSW’s ‘name and shame’ signals for real estate governance
NSW’s latest enforcement action on real estate trust accounts isn’t a one-off embarrassment; it’s a stress test of sector governance. With licences suspended and penalties applied, the message is ...Read more
Property
Vacancy is rising, demand is resilient: A case study in defending yield as Australia’s rental cycle rebalances
After a blistering run, Australia’s rental market is loosening at the edges. Vacancy is edging up off historic lows, rent inflation is set to moderate into 2026, yet underlying demand remains ...Read more
Property
Don’t lose the deposit: A case study in stopping real estate payment fraud — and the ROI for doing it
Deposit redirection scams are quietly eroding buyer savings and agency reputations in Australia’s property market. This case study unpacks how a mid-tier real estate group redesigned its settlement ...Read more
Property
The $12m threshold: Why portfolio value, not property count, now defines Australia’s investor elite
The old yardstick of six properties as shorthand for investment success has been overtaken by a harsher reality: in today’s market, elite status is defined by balance-sheet strength, not asset countRead more
Property
From intuition to instrumentation: How a "two-stakeholder" sales playbook lifted close rates and cut cycle times
High-stakes consumer purchases are increasingly joint decisions. When one partner is under-served, deals stall. This case study follows an Australian real estate group that rebuilt its sales motion ...Read more
Property
Selling in 2025: How to spot bad agents fast—and build an ROI-first vendor playbook
In Australia’s property market, choosing the wrong listing agent isn’t just inconvenient—it’s a textbook principal–agent failure that can wipe tens of thousands off your sale outcomeRead more
Property
Selling in 2026: How to de‑risk your agent choice and protect tens of thousands at settlement
Choosing the wrong selling agent isn’t just an inconvenience — it’s a balance‑sheet risk. In a market where digital discovery is concentrated and AI is recasting how listings are priced and promoted, ...Read more
Property
Rate resilience in Australian housing: why scarce supply is overpowering monetary tightening
Australia’s housing market is defying higher borrowing costs because the binding constraint isn’t demand—it’s supply. Brokers report persistent buyer competition and investor repositioning, while ...Read more
Property
Trust, technology and triage: what NSW’s ‘name and shame’ signals for real estate governance
NSW’s latest enforcement action on real estate trust accounts isn’t a one-off embarrassment; it’s a stress test of sector governance. With licences suspended and penalties applied, the message is ...Read more
Property
Vacancy is rising, demand is resilient: A case study in defending yield as Australia’s rental cycle rebalances
After a blistering run, Australia’s rental market is loosening at the edges. Vacancy is edging up off historic lows, rent inflation is set to moderate into 2026, yet underlying demand remains ...Read more
Property
Don’t lose the deposit: A case study in stopping real estate payment fraud — and the ROI for doing it
Deposit redirection scams are quietly eroding buyer savings and agency reputations in Australia’s property market. This case study unpacks how a mid-tier real estate group redesigned its settlement ...Read more
Property
The $12m threshold: Why portfolio value, not property count, now defines Australia’s investor elite
The old yardstick of six properties as shorthand for investment success has been overtaken by a harsher reality: in today’s market, elite status is defined by balance-sheet strength, not asset countRead more
Property
From intuition to instrumentation: How a "two-stakeholder" sales playbook lifted close rates and cut cycle times
High-stakes consumer purchases are increasingly joint decisions. When one partner is under-served, deals stall. This case study follows an Australian real estate group that rebuilt its sales motion ...Read more
Property
Selling in 2025: How to spot bad agents fast—and build an ROI-first vendor playbook
In Australia’s property market, choosing the wrong listing agent isn’t just inconvenient—it’s a textbook principal–agent failure that can wipe tens of thousands off your sale outcomeRead more
Property
Selling in 2026: How to de‑risk your agent choice and protect tens of thousands at settlement
Choosing the wrong selling agent isn’t just an inconvenience — it’s a balance‑sheet risk. In a market where digital discovery is concentrated and AI is recasting how listings are priced and promoted, ...Read more
Property
Rate resilience in Australian housing: why scarce supply is overpowering monetary tightening
Australia’s housing market is defying higher borrowing costs because the binding constraint isn’t demand—it’s supply. Brokers report persistent buyer competition and investor repositioning, while ...Read more
