Auction activity set to increase across combined capitals

Last week saw 2,157 properties taken to auction across the combined capitals, a 1.5% dip on the previous week, but the third week in a row where more than 2,000 auctions were held. The number of auctions will rise to around 2,440 this week, climbing to approximately 2,600 next week.

The preliminary auction clearance rate has also shown a slight fade, coming in at 75.0% last week, down 1.3 percentage points from the week prior. This was the fourth straight week where the combined capitals preliminary clearance rate has held at the 75.0% mark or higher.

Melbourne saw 1,110 homes taken to auction last week, up 2.6% on the previous week to be the highest volume since the first week of June earlier this year. There are currently around 1,170 auctions scheduled for Melbourne this week, rising to around 1,200 next week. The preliminary clearance rate slipped to 73.2% last week, the lowest in four weeks, but also the 19th consecutive week where the preliminary clearance rate has held at 70% or higher.

Sydney hosted 731 auction events last week, down 9.8% from the week prior. The volume is set to rise this week, with around 930 homes scheduled for auction, and is likely to rise over the 1,000 mark the following week. The preliminary clearance rate came in strong at 78.0% last week, which was the highest among the capitals but a slight dip on the previous week (80.3%).

There were 143 auctions held in Brisbane last week, up from 123 the previous week. The preliminary clearance rate reached 76.5% which was the highest since July 2024.

Adelaide hosted 91 auctions last week, a near 12% drop from the week prior. 74.5% of auctions have recorded a successful result on the collection to-date, down from 75.0% the week prior and the fifth straight week where the preliminary clearance rate has held above 70%.

In Canberra, 69 homes were auctioned last week, returning a 71.9% preliminary clearance rate, the lowest in five weeks.

There were 12 homes auctioned across Perth last week, with 72.7% reporting a successful result so far. Just one home was taken to auction in Tasmania last week, and it sold under the hammer.

Download the full Property Market Indicator - week ending 7 September 2025