Increase in auction activity leading up to King’s Birthday long weekend
There are currently 2,816 capital city homes scheduled for auction this week, up from 2,460 last week and 2,380 this time last year. If all of these auctions go ahead, it will be the third busiest auction week of the year. Next week, the number of capital city homes going under the hammer is expected to fall to around 1,300, with all but two states celebrating the King’s Birthday long weekend.
In Melbourne, 1,371 homes are currently scheduled for auction this week, the fourth busiest auction week of the year so far. Last week saw 1,223 homes go under the hammer, while this time last year, 1,109 auctions were held.
Sydney is set to see 1,095 homes go under the hammer this week, up from 799 last week and 899 this time last year. If all of these auctions go ahead, it will be the third busiest auction week of the year-to-date.
Across the smaller capitals, Brisbane is set to host the most auctions this week (148), followed by Adelaide (124) and Canberra (68). There are nine homes set to go under the hammer in Perth this week, while there is just one auction on the radar in Tasmania.
The complete Auction Market Preview for the week ending 1 June 2025 can be downloaded below.
Auction Market Preview
Meet Kaytlin Ezzy
Economist
Kaytlin Ezzy is an Economist at CoreLogic, Australia’s leading property data, information, analytics and services provider.
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