Auction Update

Best result in nearly 2 years Sydney strong as well Smaller capitals grow numbers Capital city auction activity rebounded this week, with 1,730 homes taken to auction across the combined capitals.  With 1,334 results collected so far, the combined capital's preliminary clearance rate fell 60...

Ease in activity Clearance holds Increase tipped next week Auction volumes across the combined capital cities decreased -19.3% to 1,432 this week largely due to the ‘unofficial long weekend’ but also an early indication of the seasonal trend towards an easing in auction activity after...

Clearance improves Melbourne ramps up Bigger week ahead Auction volumes across the combined capital cities more than doubled this week to 1,704 after last week’s Easter holiday long weekend.  Auctions generally remain lower this year than in the first half of 2022.    Of the 1,333 results...

Busiest week this year Clearance holds up Easter impacts numbers After initially expecting the busiest week since May-2022 in the lead up to Easter, the actual number of capital city homes taken to auction over the week revised down to 2,685 which is still the...

Pre-Easter rush Biggest clearance in a year There were 2,292 homes taken to auction across the combined capital cities, overtaking last week (2,226) as the second busiest auction week so far this year. Of the 1,795 results collected so far, 71.0% were successful, the highest preliminary...

Second busiest week this year Next week even bigger Sydney records top clearance Auction volumes across the combined capital cities increased 74.5% to 2,234 this week making it the second busiest auction week so far this year.  Of the 1,656 results collected so far, 68.4%...

Long weekend impacts activity Next week set to reset Tassie cracks 100% There were 1,282 homes taken to auction across the combined capital cities this week.  The lower numbers were due a long weekend in 4 of the 8 states – the major one being...

Clearance strengthens Demand to be tested this week Declining vales flatten There were 2,050 homes taken to auction across the combined capital cities this week, down -15.6% from last week however, of the 1,634 results collected so far, 70.3% were successful.   While the clearance rate will...

Sellers increase Buyers keep buying Clearance holds There were 2,393 homes taken to auction across the combined capital cities this week, up 29.6% from last week.  Of the 1,929 results collected so far, 69.7% were successful. Last week’s final clearance rate came in at 67.2%, the...