Auction Update

  Lower auction numbers Third of Melbourne auctions withdrawn Last week the final combined capital city clearance rate remained steady at 58.4%, the third consecutive week around this level.   There are 1,144 homes scheduled for auction across the combined capital cities this week. We broadcast the...

Melbourne numbers are still way down while Sydney chalks up the most number of auctions held in over 4 months.  See all the details as well a look through Brisbane’s top sale in Indooroopilly and details of a report into increased rental pain in inner...

  Steady clearance week on week Canberra tops the nation – again! Sydney numbers trend up Auction activity remained relatively steady last week when compared to the week prior, with volumes and the weighted average clearance rate remaining at similar levels over the week.    There...

This week and weekend There were 1,160 homes taken to auction across the combined capital cities this week, similar to the previous week when 1,154 auctions were held, and slightly higher than this time last year (1,111). The combined capital city preliminary auction clearance rate was...

Last week saw the final weighted average clearance rate improve across a lower volume of auctions and fewer withdrawn auctions. There were 1,154 capital city homes scheduled for auction last week, returning a final auction clearance rate of 58.7%.  To the week ahead now and...

Welcome to this special report on the state of the Australian Market.  Earlier today CoreLogic released its Hedonic Home Value Index that indicated that Australian housing values continued to drift lower for the third month.  CoreLogic’s home value index dropped 0.6% over the month, a...

  Fewer homes withdrawn Volumes trend lower The CoreLogic report on the weekend’s auction activity shows that the combined capital city preliminary clearance rate improved across a lower volume of auctions this week.    There were 1,162 homes taken to auction returning a preliminarily success rate...

  ‘Price clustering’ ahead in NSW 90% withdrawn or sold prior in Melbourne Brisbane numbers surge There were 1,326 capital city homes scheduled for auction last week 54.1% returned a successful result, which was an improvement from the week prior by one percentage point. There are 1,206...

Volumes increase Sellers gain confidence Buyers don’t wait Last week As you will hear in today's report, Eliza Owen from CoreLogic says that Melbourne’s lockdown version 2 is revealing that agents and sellers are adapting to the changed conditions. There were 1,344 capital city homes taken...