There were 2,040 capital city homes taken to auction last week, a -6.6% reduction on the previous week’s volume (2,183) and -5.1% lower than at the same time last year (2,150).
The combined capital’s preliminary auction clearance rate came in at 73.9% last week – the highest reading since July last year and a solid bounce from the 63.8% early result recorded over the King’s Birthday long weekend two weeks prior.
Melbourne recorded the highest volume of auctions last week, with 947 homes taken under the hammer. The preliminary clearance rate came in at 76.6%, the highest since May 2023 and the second highest of any capital city after Adelaide (77.5%).
In Sydney, 789 homes were taken to auction last week, with 73.5% reporting a positive result so far. This was Sydney’s highest preliminary clearance rate since the week ending 23 February 2025 (74.4%), following the first cash rate cut.
There were 152 auctions held in Brisbane last week, returning a preliminary clearance rate of 66.7% – the highest since the week ending 11 May 2025 (69.7%).
Historical clearance rates utilise the final auction clearance rate, while the current week is based on the preliminary clearance rate.
Adelaide recorded a preliminary clearance rate of 77.5% last week, the highest of any capital city and the city’s strongest early result since the first week of April 2025.
The above results are preliminary, with ‘final’ auction clearance rates published each Thursday. Cotality, on average, collects 99% of auction results each week. Clearance rates are calculated across properties that have been taken to auction over the past week.
Last week saw 64 homes taken to auction across the ACT, with 55.3% successfully selling based on results collected so far.
Cotality, on average, collects 99% of auction results each week. Clearance rates are calculated across properties that have been taken to auction over the past week.
The volume of auctions is set to hold reasonably firm this week, with around 2,080 homes currently scheduled to go under the hammer, before dropping below 1,800 next week as the cooler weather dampens activity.
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Meet Caitlin Fono
Sr Associate, Research Support
Caitlin has spent more than a decade working with property data and analytics in various roles, earning a position on the CoreLogic research team in 2013. As a respected and highly experienced research analyst, Caitlin works with high frequency data sets, regularly updating our widely read auction reporting, weekly activity updates and customised data briefs.
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