The Australian property market continued to display resilience through the week ending 7 September 2025, with elevated auction activity and consistently strong clearance rates recorded across the combined capitals.

Auction Activity

A total of 2,157 properties were taken to auction, representing a 1.5% decline from the previous week but marking the third consecutive week with more than 2,000 auctions. Forward indicators suggest continued momentum, with 2,440 auctions scheduled this week and approximately 2,600 expected next week.

Clearance Rates

The combined capitals preliminary clearance rate came in at 75.0%, a modest decline of 1.3 percentage points from the prior week. Nonetheless, this is the fourth consecutive week clearance rates have held at or above 75%, highlighting persistent demand.

• Melbourne led in volume with 1,110 auctions (+2.6% week-on-week), achieving a clearance rate of 73.2%, its lowest in four weeks but still its 19th straight week above 70%.
• Sydney hosted 731 auctions (–9.8% week-on-week), returning the strongest clearance rate of 78.0%, down slightly from 80.3% the week prior.
• Brisbane reported 143 auctions with a clearance rate of 76.5%, its highest since July 2024.
• Adelaide maintained solid results with a 74.5% clearance rate from 91 auctions.
• Canberra’s clearance rate eased to 71.9% across 69 auctions, its lowest in five weeks.
• Perth recorded 12 auctions, with 72.7% cleared, while Tasmania’s sole auction was successful.

Rental Market Trends

Rental markets remain under pressure. Across the combined capitals, the median dwelling rent is $700 per week, representing 0.8% growth over the quarter and 3.4% annually. Combined regional markets are outperforming, with a 5.8% annual increase.

• Sydney remains the most expensive rental market ($801/week, +3.1% YoY).
• Brisbane ($693/week, +5.3%) and Perth ($725/week, +5.4%) posted the strongest annual gains among capitals.
• Darwin led the nation with rents up 7.6% annually, lifting the median to $672/week.

Outlook

With auction volumes set to surpass 2,600 next week and clearance rates consistently above 70%, Australia’s housing market is entering the spring selling season with notable momentum. While affordability constraints and rising stock levels may test demand, the underlying fundamentals—strong buyer competition and rising rents—suggest ongoing resilience through the months ahead.