Capital city auction activity slated for 34.2% rise
The combined capitals are set to host their busiest week since before easter, with 2,395 homes going under the hammer. Up 34.2% week-on-week, this week's expected auction numbers are 5.8% higher than this time last year, when 2,264 homes were auctioned.
For the first time in six weeks, Melbourne's scheduled auction numbers are set to exceed 1,000 this week, with 1,152 homes scheduled to go under the hammer. Last week saw 890 homes auctioned, while this time last year, 1,087 auctions were held across the city.
Sydney is expecting a 44.7% increase in weekly auction numbers, with 803 auctions scheduled this week, up from 555 last week. This time last year, the city was host to 767 auctions.
Across the smaller auction capitals, Brisbane is slated to host its second busiest auction week of the year so far, with 203 homes set to go under the hammer, up 51.5% week-on-week. At 132, Adelaide's scheduled auction numbers are roughly in line with those seen last week (130), while Canberra's auction market is expecting a 29.4% weekly rise, with 88 auctions currently scheduled. Perth is expecting its busiest auction week of the year to date, with 17 homes set to go under the hammer. There are currently no auctions scheduled to be held in Tasmania this week.
Cotality is expecting a further rise in auction activity next week with approximately 2,700 homes currently scheduled for auction across the combined capitals.
The complete Auction Market Preview for the week ending 25 May 2025 can be downloaded below.
Auction Market Preview
Meet Kaytlin Ezzy
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Kaytlin Ezzy is an Economist at CoreLogic, Australia’s leading property data, information, analytics and services provider.
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