Auction volumes take a dive over Easter
There are currently just 672 capital city homes scheduled for auction this week, down -78.1% on last week (3,066), and -64.6% lower than the same week last year (1,900). In comparison, 901 capital city homes were taken to auction over Easter last year.
In Melbourne, 146 homes are scheduled for auction this week, down from 1,382 last week and 906 this time last year. There were 283 homes taken to auction across Melbourne over Easter last year.
Sydney is set to be the busiest auction market this week, with 384 homes scheduled for auction. Last week saw 1,282 auctions held across the city, while this time last year, 602 homes went under the hammer. Meanwhile, Easter last year saw 414 homes taken to auction across Sydney.
Across the smaller capitals, Brisbane is set to host the most auctions this week (60), followed closely by Adelaide (58). There are 23 auctions scheduled in Canberra, and one in Perth, while there are no auctions on the radar across Tasmania this week.
There are currently around 1,050 capital city homes scheduled for auction next week.
The complete Auction Market Preview for the week ending 20 April 2025 can be downloaded below.