Preliminary auction clearance rate rises across combined capitals

There were 2,613 homes taken to auction across the combined capitals last week, up 33.5% on the previous week when auction activity was impacted by a long weekend in four of the eight states and territories (1,958).

The combined capital city preliminary clearance rate rose to 73.0% last week – the highest in three weeks. The previous week’s preliminary clearance rate came in at 71.9%, revising down to 67.4% on final numbers.

Melbourne was the busiest auction market with 1,254 homes taken to auction last week, up from 1,164 the previous week. The preliminary clearance rate, at 73.5%, was the highest in three weeks.

There were 1,003 auctions held in Sydney last week, up from 511 the week prior (Labour Day long weekend). 73.9% of auctions have returned a positive result so far, up from 72.4% the previous week (revised lower to 68.3% once finalised).

Across the smaller capitals, Brisbane hosted the most auctions, with 133 homes going under the hammer last week, compared to 148 a week earlier. A preliminary clearance rate of 68.5% was recorded, down from 69.3% the previous week (revised to 65.5% on final numbers).

There were 106 auctions held across the ACT last, up from 57 the previous week. So far, 61.5% of auctions have reported a successful result, down from 70.6% the week prior (68.4% once finalised).

In Adelaide, 96 homes went to auction last week, up from 65 the previous week. An early clearance rate of 80.6% was recorded, up from 78.8% a week earlier.

There were 18 auctions in Perth last week, up from 13 the previous week, while just three auctions were held in Tasmania, after two weeks of inactivity.

Download the full Property Market Indicator - week ending 12 October 2025

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