Auction Market Preview - week ending 26 October 2025

Melbourne auction volumes surge ahead of Spring Carnival

There are currently 3,237 homes scheduled for auction across the combined capitals this week, marking the busiest week since the lead up to Easter last year (3,519). Last week saw 2,626 homes go under the hammer, while this time last year, 3,135 auctions were held across the combined capitals.

Of the 3,237 capital city homes set for auction this week, 53.1% are in Melbourne with 1,719 homes scheduled to go under the hammer. This marks the city’s busiest week for the city since the week prior to Easter 2024 (1,760) with this week’s numbers up 50.5% on last week (1,142) and 2.6% higher than this time last year (1,675).

In Sydney, 1,043 auctions are scheduled this week, down -3.3% on last week (1,079), although 6.3% higher than the same week last year (981).

Across the smaller capitals, Brisbane is set to host the busiest market this week, with 189 homes scheduled to go under the hammer, down from 200 last week. Adelaide is expecting its busiest auction week since this time last year (181), with 174 auctions scheduled this week, up from 88 last week. In Canberra, 90 homes are currently scheduled for auction, down from 103 last week, while 18 auctions are scheduled in Perth this week, up from 14 last week. There are four auctions on the radar in Tasmania this week.

Next week will see auction volume temporarily drop, with around 2,180 homes set to go under the hammer across the combined capitals. The lower volume can be attributed to the Melbourne Cup Carnival which kicks off on Saturday 1st November, with fewer than 500 homes currently scheduled for auction across the city.

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