05 Oct

• 2nd highest result this year in Melbourne
• Almost 2,000 auctions held nationally

There were 1,986 homes taken to auction across the combined capital cities this week.  The higher volumes saw an increase in the preliminary auction clearance rate, with 84.4 percent of the 1,704 results collected so far returning a successful result.  Melbourne was the busiest auction market this week with 800 homes taken to auction.   Sydney was host to 753 auctions this week while across the smaller auction markets, Canberra recorded a preliminary auction clearance rate of 89.6 percent this week, followed by Adelaide (85.6 percent), and Brisbane (79.5 percent).

Watch the most comprehensive and up-to-date report on auction activity around Australia – powered by CoreLogic – with Eliza Owen exclusively on Realty Media’s Realty Talk.  See all our shows at Realty.com.au