The combined capital city preliminary auction clearance rate remained relatively steady week-on-week, despite the announcement earlier in the week that Sydney was extending the current lockdown and Melbourne was commencing the 5th lockdown. There were 2,169 capital city homes taken to auction over the week, and of the 1,755 results reported so far, 76.3 percent were successful. This was similar to the previous week which saw 2,104 homes taken to auction across the combined capitals, returning a preliminary auction clearance rate of 76.4 percent, which revised down to 73.7 percent by final collection on Wednesday.
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