Winter school holidays chills auction activity
Cooling temperatures and the start of the school holidays means a quieter auction market this week, with 1,797 homes set to go under the hammer across the combined capitals. With declines in the larger auction markets outweighing increases in the smaller capitals, this week's scheduled numbers are down -12.1% compared to last week (2,044) but remain 1.2% above the numbers seen this time last year (1,776).
Despite a -4.9% decline in weekly numbers, Sydney is set to host the busiest auction market this week, with 733 auctions currently scheduled. Last week saw 771 homes taken to auction, while this time last year, 766 homes were auctioned across the city.
In Melbourne, 724 homes are expected to go under the hammer this week, down -24.7% from last week (962) but up 8.2% compared to the 669 auctions held over the same week last year.
Among the smaller capitals, Brisbane will host the most auctions for the eighth consecutive week, with 151 auctions scheduled, up 7.1% from the week prior (141). Adelaide (21.1%) is also expecting a rise in weekly auction activity, with 109 homes set to go under the hammer, while 70 auctions are currently scheduled across Canberra. In Perth, eight homes are set to go to auction this week, while two auctions are currently on the radar in Tasmania.
Auction activity is expected to cool further, with around 1,450 auctions currently scheduled across the combined capitals next week.
The complete Auction Market Preview for the week ending 6 July 2025 can be downloaded below.