31/08/2026
Sydney recorded 516 properties scheduled for auction last week, with a preliminary clearance rate of 56.3%.
Auction volumes are continuing to rise as we approach Spring, increasing from just 407 scheduled auctions four weeks ago. However, clearance rates have remained relatively steady in the mid-50s.
The comparison with last year is particularly interesting. At the same time last year, Sydney had 825 properties scheduled for auction with an 80.4% clearance rate.
So despite having around 37% fewer auction properties competing for buyers, the clearance rate is substantially lower — a clear indication that buyer confidence and market conditions are still a concern.
As we head into spring, the real test will be what happens as more properties come to market. If supply continues to increase without a corresponding lift in buyer demand, sellers will face greater competition for the buyers who are active.
That doesn't mean properties can't achieve good results. It means preparation, realistic price positioning, choosing the right agent and having the right sales strategy from day one have never been more important.
If you're considering selling this Spring, let us help you choose the right agent and strategy to maximise your result — at no extra cost.
Note: These are preliminary auction results and are subject to change as additional outcomes are reported.