Highest weekly volume of auctions since mid-June

The volume of auctions held surpassed the 2,000 mark for the first time since the end of June, with 2,120 auctions held across the combined capitals last week. This was the highest weekly volume of auctions held since the week ending June 15 (2,183). Auction activity is set to rise further this week, with approximately 2,430 capital city homes scheduled to go under the hammer.

The preliminary clearance rate nudged slightly higher, rising to 75.3% last week, the highest early result since the first week of April 2024 (75.9%).

In Melbourne, 1,017 auctions were held last week; the highest volume of auctions since the week ending June 15 (1,018). So far, 75.4% of auctions have reported a successful result, virtually on par with the previous week’s early result (75.5%) and the seventeenth consecutive week where the preliminary clearance rate has been above the 70% mark.

There were 731 auctions held in Sydney last week, up from 705 a week earlier and the highest volume since the last week of June (771). 79.0% of Sydney auctions have reported a successful result based on the preliminary numbers, the highest early result since the first week of April last year (81.6%).

Brisbane saw 172 auctions held last week, up from 136 the previous week, to be the highest volume in four weeks. The preliminary clearance rate has dipped across Brisbane, falling to 60.8%, the lowest in eleven weeks.

There were 115 auctions held in Adelaide last week, the largest volume since the week ending June 15 (121). 71.2% of auctions have reported a successful result so far, down from a preliminary result of 78.0% a week earlier.

The ACT hosted 74 auctions last week, up from 51 the week prior and the highest volume since the week ending June 15 (77). 76.9% of auctions have been reported as successful so far, down from 80.6% the previous week.

In Perth, seven of the nine auction results have been collected so far, all of which were successful, while the one auction result reported in Tasmania last week was passed in.

Download the full Property Market Indicator - week ending 24 August  2025

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