19 Jun

• Market almost doubles

• Brisbane tops smaller capitals
• Decline ahead this week

Capital city auction activity almost doubled this week recording the highest number of auctions in 11 weeks, with 1,951 homes scheduled.   Of the 1,483 results collected so far, 72.5% returned a successful result. 

Melbourne was the busiest auction market this week with 863 homes auctioned across the city, Sydney saw 772 homes auctioned which was the highest number in 11 weeks. Among the smaller capitals, Brisbane hosted the busiest auction market this week with 138 homes taken to auction, followed by Adelaide (109), and Canberra (52). 

With roughly 1,800 auctions currently scheduled, capital city auction activity next week is set decline around 10% from this week.

Watch a comprehensive wrap on the week’s national auction activity with Eliza Owen from CoreLogic.   Auction Update is seen exclusively on Realty Talk.  See all our shows at Realty.com.au