Auction Update

Activity down Clearance falls slightly Winter slowdown to continue Auction activity reduced this week, with 1,530 auctions held across the combined capitals down from last week’s 1,791.  The combined capitals recorded the lowest preliminary clearance rate since the week ending 30 April 2023 (69.2%), with 70.3% of the 1,138 results collected...

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...

With so much continued uncertainty and so many contrary and often conflicting opinions on what’s happening and what’s going to happen in the wonderful world of property, this week’s show breaks with tradition to deliver a special feature data driven presentation by Eliza Owen from CoreLogic to help you crack...

Clearance remains over 70% Listings reduce Hint that increased rates are impacting The combined capitals hosted the quietest auction week since Easter, with six of the eight states and territories celebrating the Kings birthday long weekend. This week saw 1,040 capital city homes auctioned. Of the 825 results collected so far,...

Winter slows numbers Buyers still keen Clearance continues to grow The start of winter saw capital city auction activity fall -2.9% this week, with 1,832 homes auctioned across the combined capitals.  The combined capital's preliminary clearance rate trended higher for the third consecutive week, overtaking the week prior as the highest...

In defiance of the easing trend usually seen this time of year, capital city auction numbers held firm this week at 1,912. With 1,522 results collected so far, the combined capital's preliminary clearance rate rose slightly this week to 75.9%...

Auctions up by 13% Brisbane tops smaller capitals 10 weeks in a row for Sydney Auction activity increased this week, with 1,912 auctions held across the combined capitals.  The combined capitals recorded a third week where the preliminary clearance rate held above 70%, with 75.3% of the 1,496 results collected so...

Activity down 3% 70%+ clearance Auction activity decreased -3.0% this week, with 1,673 auctions held across the combined capitals.  The previous week saw 1,724 homes auctioned, while this time last year, 2,879 capital city auctions were held.  The combined capitals recorded a second week where the preliminary clearance rate held above 70%,...

Sydney withdrawals reduce Fewer passed in properties Auction activity remained relatively steady this week, with 1,750 auctions held across the combined capitals and despite an unexpected cash rate rise from the RBA earlier this week, the combined capitals recorded the highest preliminary clearance rate since mid-February 2022 (75.7%), with 75.1%...