DMC Property Advisory

DMC Property Advisory We are a people first property advisory service based in Sydney, NSW.

We work with clients, agents, and investors across Australia to secure, buy and sell the right property. We offer:

๐Ÿ’š Buyers Advocacy
๐Ÿ  Sales Advisory & Vendor Advocacy
๐Ÿ“ˆ Property Investment Advocacy
๐Ÿ” Portfolio Reviews

At its meeting yesterday, the RBA decided to leave the cash rate target unchanged at 4.35%.Inflation picked up materiall...
16/06/2026

At its meeting yesterday, the RBA decided to leave the cash rate target unchanged at 4.35%.

Inflation picked up materially in the second half of 2025, and information since the beginning of this year confirms that some of the increase reflected greater capacity pressures. The latest data show that headline and underlying inflation are still too high. Oil prices have eased in recent weeks, although energy and most related commodity prices remain higher than they were prior to the conflict in the Middle East. There are signs that some firms experiencing cost pressures are increasing the prices of their goods and services and others are looking to do so. Short-term measures of inflation expectations have eased but remain higher than earlier in the year.

Financial conditions have tightened this year in response to three increases in the cash rate target. Money market interest rates and government bond yields have risen, and the exchange rate has appreciated. There are signs that growth in consumer spending is slowing as expected and momentum in the housing market has shifted, with housing prices falling in some capital cities. The unemployment rate was higher than expected in April, but other measures of labour market conditions have been more resilient. Growth in business investment is strong and credit is readily available to both households and businesses.

Read here ๐Ÿ‘‡
https://www.rba.gov.au/media-releases/2026/mr-26-15.html

The weekend auction update from Cotality Australia ๐Ÿ‘‡๐—™๐—ฟ๐—ผ๐—บ ๐—ฎ๐—ป ๐—ฎ๐—ฐ๐˜๐—ถ๐˜ƒ๐—ถ๐˜๐˜† ๐—ฝ๐—ฒ๐—ฟ๐˜€๐—ฝ๐—ฒ๐—ฐ๐˜๐—ถ๐˜ƒ๐—ฒ, the capitals recorded a solid 80.8% bo...
14/06/2026

The weekend auction update from Cotality Australia ๐Ÿ‘‡

๐—™๐—ฟ๐—ผ๐—บ ๐—ฎ๐—ป ๐—ฎ๐—ฐ๐˜๐—ถ๐˜ƒ๐—ถ๐˜๐˜† ๐—ฝ๐—ฒ๐—ฟ๐˜€๐—ฝ๐—ฒ๐—ฐ๐˜๐—ถ๐˜ƒ๐—ฒ, the capitals recorded a solid 80.8% bounce back in auctions this week, following a week of softer activity due to the Kingโ€™s Birthday. 2,124 capital city homes went under the hammer this week, holding lower than the same week a year ago (-2.7%) for the fourth week running.

๐—ง๐—ต๐—ฒ ๐—ฒ๐—ฎ๐—ฟ๐—น๐˜† ๐—ฐ๐—น๐—ฒ๐—ฎ๐—ฟ๐—ฎ๐—ป๐—ฐ๐—ฒ ๐—ฟ๐—ฎ๐˜๐—ฒ ๐—ฎ๐—น๐˜€๐—ผ ๐—ฟ๐—ผ๐˜€๐—ฒ, with 54.0% of capital city auctions recording a positive outcome based on the results collected to date, a modest step higher than a week ago when 51.1% of homes cleared (revised down to 47.3% once finalised).

๐——๐—ฒ๐˜€๐—ฝ๐—ถ๐˜๐—ฒ ๐˜๐—ต๐—ฒ ๐—ฟ๐—ถ๐˜€๐—ฒ, ๐˜๐—ต๐—ถ๐˜€ ๐˜„๐—ฎ๐˜€ ๐˜๐—ต๐—ฒ ๐˜๐—ต๐—ถ๐—ฟ๐—ฑ ๐˜„๐—ฒ๐—ฒ๐—ธ ๐—ถ๐—ป ๐—ฎ ๐—ฟ๐—ผ๐˜„ ๐˜„๐—ต๐—ฒ๐—ฟ๐—ฒ ๐˜๐—ต๐—ฒ ๐—ฝ๐—ฟ๐—ฒ๐—น๐—ถ๐—บ๐—ถ๐—ป๐—ฎ๐—ฟ๐˜† ๐—ฐ๐—น๐—ฒ๐—ฎ๐—ฟ๐—ฎ๐—ป๐—ฐ๐—ฒ ๐—ฟ๐—ฎ๐˜๐—ฒ ๐—ต๐—ฎ๐˜€ ๐—ต๐—ฒ๐—น๐—ฑ ๐—ฏ๐—ฒ๐—น๐—ผ๐˜„ ๐Ÿฑ๐Ÿฑ% ๐—ฎ๐—ป๐—ฑ ๐—ป๐—ถ๐—ป๐—ฒ ๐—ผ๐—ณ ๐˜๐—ต๐—ฒ ๐—ฝ๐—ฎ๐˜€๐˜ ๐—ฒ๐—น๐—ฒ๐˜ƒ๐—ฒ๐—ป ๐˜„๐—ฒ๐—ฒ๐—ธ๐˜€ ๐—ต๐—ฎ๐˜€ ๐˜€๐—ฒ๐—ฒ๐—ป ๐˜๐—ต๐—ฒ ๐—ฝ๐—ฟ๐—ฒ๐—น๐—ถ๐—บ๐—ถ๐—ป๐—ฎ๐—ฟ๐˜† ๐—ฐ๐—น๐—ฒ๐—ฎ๐—ฟ๐—ฎ๐—ป๐—ฐ๐—ฒ ๐—ฟ๐—ฎ๐˜๐—ฒ ๐˜๐—ฟ๐—ฎ๐—ฐ๐—ธ๐—ถ๐—ป๐—ด ๐—ฏ๐—ฒ๐—น๐—ผ๐˜„ ๐Ÿฒ๐Ÿฌ%.

๐—”๐—ฐ๐—ฟ๐—ผ๐˜€๐˜€ ๐˜๐—ต๐—ฒ ๐—ฐ๐—ฎ๐—ฝ๐—ถ๐˜๐—ฎ๐—น๐˜€:

ยท 980 auctions were held in Melbourne, a 131% jump from the week prior when 424 auctions were held. The preliminary clearance rate rose to 57.6% after dropping to 52.3% the week prior (revised down to 47.4% on final results โ€“ the lowest final clearance rate since September 2021).

ยท Sydney hosted 797 auctions this week, a 64.3% rise on the week prior, but 3.9% lower than the same time last year. The preliminary clearance rate nudged lower to 52.8% (from 52.9% last week which revised back to 48.9% once finalised). This was the third lowest preliminary clearance rate so far this year and four out of the past five weeks has seen Sydneyโ€™s preliminary clearance rate hold below the 55% mark.

ยท 144 auctions were held in Brisbane this week, a 6.7% rise on the week prior and 13.4% above the same time last year. The 42.0% preliminary clearance rate was a substantial rise on last weekโ€™s 31.9% (revised higher to 34.1% once finalised), but the fourth week running where the early clearance rate has been below 50%.

ยท Adelaide held 110 auctions this week, a 39.2% increase on the week prior, but 9.1% lower than a year ago. 56.6% of auctions have recorded a successful result so far, down from 64.2% a week ago (revised back to 55.7%) and the lowest preliminary clearance rate for Adelaide since June 2025.

ยท 79 auctions were held across the ACT this week, up 119% on a week ago and 2.6% more than the same week last year. 45.6% of auctions have reported a successful result so far, down from 50.0% a week ago (revised down to 48.6% once finalised). This was the ninth straight week where ACTโ€™s preliminary clearance rate has been below 55%.

ยท 13 auctions were held in Perth this week, and one auction was held in Tasmania.

The volume of auctions typically slows through the winter months. with around 1,950 homes to go to auction next week and approximately 1,780 the week after.

โญโญโญโญโญ Reviews like this mean a lot.Thank you, Erin and Simon, for trusting me to help with your first property purchase....
10/06/2026

โญโญโญโญโญ Reviews like this mean a lot.

Thank you, Erin and Simon, for trusting me to help with your first property purchase.

Property is one of the biggest financial decisions you'll ever make. My job is to provide clear advice, remove the stress and help clients make informed decisions with confidence.

Congratulations again on your new property and thank you for the opportunity to be part of the journey. ๐Ÿก

๐—”๐˜‚๐—ฐ๐˜๐—ถ๐—ผ๐—ป ๐—ฐ๐—น๐—ฒ๐—ฎ๐—ฟ๐—ฎ๐—ป๐—ฐ๐—ฒ ๐—ฟ๐—ฎ๐˜๐—ฒ๐˜€ ๐—ฟ๐—ฒ๐—บ๐—ฎ๐—ถ๐—ป ๐—ฎ๐˜ ๐—น๐—ฒ๐˜ƒ๐—ฒ๐—น๐˜€ ๐—น๐—ฎ๐˜€๐˜ ๐˜€๐—ฒ๐—ฒ๐—ป ๐—ฑ๐˜‚๐—ฟ๐—ถ๐—ป๐—ด ๐˜๐—ต๐—ฒ ๐—ฒ๐—ฎ๐—ฟ๐—น๐˜† ๐—บ๐—ผ๐—ป๐˜๐—ต๐˜€ ๐—ผ๐—ณ ๐˜๐—ต๐—ฒ ๐—–๐—ข๐—ฉ๐—œ๐—— ๐—ฝ๐—ฎ๐—ป๐—ฑ๐—ฒ๐—บ๐—ถ๐—ฐ, with the preliminary c...
07/06/2026

๐—”๐˜‚๐—ฐ๐˜๐—ถ๐—ผ๐—ป ๐—ฐ๐—น๐—ฒ๐—ฎ๐—ฟ๐—ฎ๐—ป๐—ฐ๐—ฒ ๐—ฟ๐—ฎ๐˜๐—ฒ๐˜€ ๐—ฟ๐—ฒ๐—บ๐—ฎ๐—ถ๐—ป ๐—ฎ๐˜ ๐—น๐—ฒ๐˜ƒ๐—ฒ๐—น๐˜€ ๐—น๐—ฎ๐˜€๐˜ ๐˜€๐—ฒ๐—ฒ๐—ป ๐—ฑ๐˜‚๐—ฟ๐—ถ๐—ป๐—ด ๐˜๐—ต๐—ฒ ๐—ฒ๐—ฎ๐—ฟ๐—น๐˜† ๐—บ๐—ผ๐—ป๐˜๐—ต๐˜€ ๐—ผ๐—ณ ๐˜๐—ต๐—ฒ ๐—–๐—ข๐—ฉ๐—œ๐—— ๐—ฝ๐—ฎ๐—ป๐—ฑ๐—ฒ๐—บ๐—ถ๐—ฐ, with the preliminary combined capitals result falling to 51.1% this week, the lowest outcome since the week ending April 26th, 2020. The preliminary result is down from 54.5% the week prior, which revised back to 49.0%, the first time the final capital city clearance rate has been below 50% since May 2020.

The weak result was on lower volume, with the number of auctions held down 55% relative to the week prior. The drop in auction volume can be attributed to the Kings Birthday long weekend in most states (except Qld and WA). The volume was also 13.9% down on a year ago โ€“ a time when housing conditions were accelerating after two rate cuts.

โ€ข Sydney was the most active auction market, with 491 homes going under the hammer, a 50% drop from the week prior and 21% below levels a year ago. The preliminary clearance rate rose slightly this week, from 51.8% a week ago (revised lower to 46.5% once finalised) to 52.9% which was the third lowest early clearance rate so far this year.

โ€ข Melbourne recorded an early clearance rate of 52.3% this week, a sharp drop from the week prior (58.1% which revised down to 51.9% once finalised) the lowest preliminary clearance rate since June 2021. The volume of auctions also fell sharply, down 67% from the week prior to 422.

โ€ข 138 auctions were held in Brisbane. Despite the absence of a long weekend, Brisbane volumes also feel sharply, down 30% from the week prior. The preliminary clearance rate of 31.9% was the lowest since May 2020.

โ€ข Adelaide hosted 79 auctions this week, 40% lower than a week ago and 4% down on the same week a year ago. The preliminary clearance rate, at 64.2%, was the third lowest so far this year.

โ€ข The ACT saw 36 homes go under the hammer, a 52% drop in volume over the week. The preliminary clearance rate of 50% was a sharp rise from the last weeks multi-year low point of 39.1%.

โ€ข 14 auctions were held in Perth, with 72.7% reporting a successful result so far and only two auctions were held in Tasmania.

The volume of auctions is scheduled to bounce back next week, with around 2,200 homes currently scheduled to go under the hammer, falling back to less than 2,000 the week after.

Client feedback like this never gets old โญโญโญโญโญThank you Rob for the kind words and for trusting me to help you secure yo...
03/06/2026

Client feedback like this never gets old โญโญโญโญโญ

Thank you Rob for the kind words and for trusting me to help you secure your first investment property. It's a privilege to help clients build wealth through property and guide them through every stage of the acquisition process.

Congratulations again and I look forward to watching your portfolio grow. ๐Ÿ‘

โšก๏ธ Key Takeaways:โ€ข Australiaโ€™s housing market has hit a pause button, with national dwelling values flat in May as affor...
01/06/2026

โšก๏ธ Key Takeaways:

โ€ข Australiaโ€™s housing market has hit a pause button, with national dwelling values flat in May as affordability and higher interest rates continue to weigh on buyer demand.
โ€ข Sydney and Melbourne are leading the correction, with values falling 0.9% and 0.8% respectively in May, creating improved buying conditions and greater choice for purchasers.
โ€ข Brisbane, Adelaide, Perth and regional markets continue to outperform, although growth is moderating as the market moves into a more balanced phase. Brisbane values remain up 19.1% over the past 12 months.
โ€ข Rental markets remain extremely tight, with national rents rising 5.9% annually and vacancy rates sitting at just 1.5%, continuing to support long-term investment fundamentals.
โ€ข The market is becoming increasingly strategic rather than speculative, with affordability pressures, interest rates and Federal Budget tax changes likely to favour well-researched investment decisions over broad market exposure.

Donie's Market Commentary

While national values were flat in May, the bigger story is the growing divergence between markets.
Sydney and Melbourne are clearly slowing, while Brisbane, Perth, Adelaide and many regional markets continue to record positive growth. However, the pace of growth is moderating nationally as affordability pressures, higher interest rates and recent Federal Budget changes begin to influence buyer behaviour.

For investors, I believe the opportunity is shifting away from simply buying "any property" and towards identifying the right markets, assets and strategies. Strong rental demand, low vacancy rates and constrained housing supply continue to support long-term fundamentals, but property selection will be more important than ever over the next few years.

As always, if you'd like to discuss your own property strategy or review your portfolio, feel free to reach out.

๐—ง๐—ต๐—ฒ ๐—ฐ๐—ผ๐—บ๐—ฏ๐—ถ๐—ป๐—ฒ๐—ฑ ๐—ฐ๐—ฎ๐—ฝ๐—ถ๐˜๐—ฎ๐—น๐˜€ ๐—ฝ๐—ฟ๐—ฒ๐—น๐—ถ๐—บ๐—ถ๐—ป๐—ฎ๐—ฟ๐˜† ๐—ฐ๐—น๐—ฒ๐—ฎ๐—ฟ๐—ฎ๐—ป๐—ฐ๐—ฒ ๐—ฟ๐—ฎ๐˜๐—ฒ ๐—ต๐—ถ๐˜ ๐—ฎ ๐—ป๐—ฒ๐˜„ ๐—ฐ๐˜†๐—ฐ๐—น๐—ถ๐—ฐ๐—ฎ๐—น ๐—น๐—ผ๐˜„ ๐˜๐—ต๐—ถ๐˜€ ๐˜„๐—ฒ๐—ฒ๐—ธ, falling to 54.5%, the lowest since Ap...
31/05/2026

๐—ง๐—ต๐—ฒ ๐—ฐ๐—ผ๐—บ๐—ฏ๐—ถ๐—ป๐—ฒ๐—ฑ ๐—ฐ๐—ฎ๐—ฝ๐—ถ๐˜๐—ฎ๐—น๐˜€ ๐—ฝ๐—ฟ๐—ฒ๐—น๐—ถ๐—บ๐—ถ๐—ป๐—ฎ๐—ฟ๐˜† ๐—ฐ๐—น๐—ฒ๐—ฎ๐—ฟ๐—ฎ๐—ป๐—ฐ๐—ฒ ๐—ฟ๐—ฎ๐˜๐—ฒ ๐—ต๐—ถ๐˜ ๐—ฎ ๐—ป๐—ฒ๐˜„ ๐—ฐ๐˜†๐—ฐ๐—น๐—ถ๐—ฐ๐—ฎ๐—น ๐—น๐—ผ๐˜„ ๐˜๐—ต๐—ถ๐˜€ ๐˜„๐—ฒ๐—ฒ๐—ธ, falling to 54.5%, the lowest since April 2020.

The weak result came alongside a rise in auction volume, with 2,681 homes going under the hammer, a 15.2% rise on volume a week ago, but 8.1% lower than the same week last year.

โ€ข Melbourne hosted the most auctions, with 1,264 homes taken to market, a 20.3% rise on last week. 58.1% of auctions have reported a positive result based on results collected so far, down from 60.2% last week (revised down to 53.3% once finalised).

โ€ข 997 auctions were held in Syndey, a 23.9% lift on the volume of auctions held a week ago. The preliminary clearance rate slipped lower to 51.8%, down from 56.9% the week prior (49.3% on finalised numbers). This weekโ€™s preliminary clearance rate was the second lowest so far this year, after the 49.2% result recorded over the week of the Federal Budget announcement. Prior to that, Sydneyโ€™s clearance rate hasnโ€™t been this low since the early months of COVID in April 2020.

โ€ข Brisbane was the busiest of the smaller capitals, with 201 homes auctioned, returning an early clearance rate of 43.3%, the lowest early result since April 2023.

โ€ข 132 homes were auctioned in Adelaide, with 65.3% returning a positive result so far, the highest of any capital city but well down from the 72.0% and 75.7% recorded over the previous two weeks.

โ€ข 75 auctions were held in Canberra with an early clearance rate of just 39.1%. the lowest since June 2019.

โ€ข Eleven homes were auctioned in Perth and only one in Tasmania.

There are approximately 1,250 homes scheduled to go under the hammer next week, rising to approximately 2,190 the week after.

Cotality Australia will have more housing data out tomorrow, with end of month Home Value Index results live.

๐—ง๐—ต๐—ฒ ๐—ฝ๐—ฟ๐—ฒ๐—น๐—ถ๐—บ๐—ถ๐—ป๐—ฎ๐—ฟ๐˜† ๐—ฎ๐˜‚๐—ฐ๐˜๐—ถ๐—ผ๐—ป ๐—ฐ๐—น๐—ฒ๐—ฎ๐—ฟ๐—ฎ๐—ป๐—ฐ๐—ฒ ๐—ฟ๐—ฎ๐˜๐—ฒ ๐—ฒ๐—ฑ๐—ด๐—ฒ๐—ฑ ๐—ต๐—ถ๐—ด๐—ต๐—ฒ๐—ฟ ๐—ณ๐—ฟ๐—ผ๐—บ ๐˜๐—ต๐—ฒ ๐—ฝ๐—ผ๐˜€๐˜-๐—ฏ๐˜‚๐—ฑ๐—ด๐—ฒ๐˜ ๐˜€๐—ต๐—ผ๐—ฐ๐—ธ ๐—ฎ ๐˜„๐—ฒ๐—ฒ๐—ธ ๐—ฎ๐—ด๐—ผ, with Cotality Australia repor...
24/05/2026

๐—ง๐—ต๐—ฒ ๐—ฝ๐—ฟ๐—ฒ๐—น๐—ถ๐—บ๐—ถ๐—ป๐—ฎ๐—ฟ๐˜† ๐—ฎ๐˜‚๐—ฐ๐˜๐—ถ๐—ผ๐—ป ๐—ฐ๐—น๐—ฒ๐—ฎ๐—ฟ๐—ฎ๐—ป๐—ฐ๐—ฒ ๐—ฟ๐—ฎ๐˜๐—ฒ ๐—ฒ๐—ฑ๐—ด๐—ฒ๐—ฑ ๐—ต๐—ถ๐—ด๐—ต๐—ฒ๐—ฟ ๐—ณ๐—ฟ๐—ผ๐—บ ๐˜๐—ต๐—ฒ ๐—ฝ๐—ผ๐˜€๐˜-๐—ฏ๐˜‚๐—ฑ๐—ด๐—ฒ๐˜ ๐˜€๐—ต๐—ผ๐—ฐ๐—ธ ๐—ฎ ๐˜„๐—ฒ๐—ฒ๐—ธ ๐—ฎ๐—ด๐—ผ, with Cotality Australia reporting a 58.2% combined capitals clerance rate this week, up from the 57.5% low recorded a week ago (revised down to 50.4% on final numbers).

Despite the rise, the early clearance rate is holding below 60%, where it has been over six of the past eight weeks. The results were across 2,339 homes that went to auction, a 19% lift on last week but 4.9% lower than a year ago.

โ€ข 1,043 homes went to auction in Melbourne this week, 13.6% more than a week ago. The preliminary clearance rate reduced to 60.2%, after ticking higher a week earlier to 61.4% (revised down to 60.2% once finalised). This is two weeks in a row where the early clearance rate has held slightly above the 60% mark.
โ€ข Sydney saw 823 homes go to auction this week, up by a third on last week when 619 auctions were held. The preliminary clearance rate posted a solid rise, to 56.9%, up from the early pandemic lows recorded a week ago (49.2% which revised lower to 43.1% on final numbers). Although the clearance rate has lifted this week, at 56.9% this is still a soft outcome, with the early clearance rate holding below 60% over eight of the past nine weeks.
โ€ข Brisbane hosted 194 auctions this week, a 7.2% rise on a week ago but 5.4% lower than a year ago. The preliminary clearance rate came in at a soft 45.7%, the lowest early auction outcome for Brisbane since April 2023.
โ€ข The volume of auctions slid 8.8% from a week ago in Adelaide, with 135 homes going under the hammer this week. The preliminary clearance rate, at 72.0% was by far the highest of any capital city, but down from 75.7% a week ago.
โ€ข 131 auctions were held in Canberra this week, a sharp rise in volume relative to the week prior (69 auctions). However, the preliminary clearance rate was mostly unchanged at 54.3% (54.0% a week ago).

The number of auctions to be held ramps up quite a bit next week, with just over 2,750 homes currently scheduled to go under the hammer, with both Syndey and Melbourne having more than 1,000 homes set to test the market.

The first week of post-budget auctions... and the results from Cotality Australia were mixed. The preliminary clearance ...
17/05/2026

The first week of post-budget auctions... and the results from Cotality Australia were mixed. The preliminary clearance rate actually rose a little across the combined capitals, but Sydney's clearance rate fell to pandemic lows (49.2%) while Melbourne ticked higher (61%).

While it's just one week of data, and preliminary data at that, it is a sharp contrast in outcomes between the two major auction markets.

One hypothesis is that the substantially higher investment concentration in Sydney could have driven the contrasting results (ABS lending data puts investors at 43% of demand in NSW and 37% of demand in Vic). Similarly, first home buyers are far more active in Melbourne, comprising 26% of total mortgage demand state wide compared with 20% in NSW.

No doubt we will get more clarity in post-budget housing outcomes as the months progress, but it's safe to assume investor centric markets are likely to experience a reduction in aggregate demand.

1,939 capital city homes went to auction this week, an 11.1% drop from the week prior, but still tracking higher than a year ago (+8.7%) when 1,784 homes auctions were held. The preliminary clearance rate nudged higher relative to a week ago (up 1.1 percentage points), but at 57.5%, still a soft result. This was fifth time in the past seven weeks that the early clearance rate has held below the 60% mark and the third lowest result for the year-to-date.

ยท The volume of auctions dropped below the 1,000 mark in Melbourne, with 906 homes taken to market, down 14.9% on last week and 1.8% higher than a year ago. The preliminary clearance rate showed a 3.7 percentage point rise, reaching 61.4%, but still the fifth lowest early result so far this year.

ยท Sydney saw 616 auctions this week, down 14.9% on a week ago and 11.0% higher than the same time last year. The preliminary clearance rate dropped sharply, down 6.0 percentage points, to 49.2%, the worst outcome since auction results were heavily disrupted during early COVID in April 2020.

ยท177 auctions were held in Brisbane, a 7.3% rise in the week prior and almost a third higher (32%) than year ago. 55.7% of Brisbane auctions have reported a successful result so far, up from 53.7% a week ago and the highest early result in four weeks.

ยท147 auctions went to market in Adeliade, a 41% jump on last weekโ€™s volume. 75.7% of homes have reported a sale on the preliminary data, an 8.5 percentage point rise on a week ago and the strongest preliminary outcome since mid-March.

ยท 25 auctions were held in Perth this week, the highest volume since late last year, but only 38.9% have reported a positive result so far. No auctions were held in Tasmania.

Next week we are expecting around 2,650 auctions to be held, rising to more than 3,000 the week after.

๐—”๐˜‚๐—ฐ๐˜๐—ถ๐—ผ๐—ป ๐—บ๐—ฎ๐—ฟ๐—ธ๐—ฒ๐˜๐˜€ ๐˜€๐—ต๐—ผ๐˜„๐—ฒ๐—ฑ ๐—ฎ ๐—ณ๐˜‚๐—ฟ๐˜๐—ต๐—ฒ๐—ฟ ๐˜€๐—ผ๐—ณ๐˜๐—ฒ๐—ป๐—ถ๐—ป๐—ด ๐˜๐—ต๐—ถ๐˜€ ๐˜„๐—ฒ๐—ฒ๐—ธ, with Cotality Australia reporting a preliminary clearance rate of ...
10/05/2026

๐—”๐˜‚๐—ฐ๐˜๐—ถ๐—ผ๐—ป ๐—บ๐—ฎ๐—ฟ๐—ธ๐—ฒ๐˜๐˜€ ๐˜€๐—ต๐—ผ๐˜„๐—ฒ๐—ฑ ๐—ฎ ๐—ณ๐˜‚๐—ฟ๐˜๐—ต๐—ฒ๐—ฟ ๐˜€๐—ผ๐—ณ๐˜๐—ฒ๐—ป๐—ถ๐—ป๐—ด ๐˜๐—ต๐—ถ๐˜€ ๐˜„๐—ฒ๐—ฒ๐—ธ, with Cotality Australia reporting a preliminary clearance rate of 56.5%, the second lowest early result so far this year after the seasonally impacted Easter long weekend (55.5%).

The number of auctions held also slid lower over the week: 2,212 homes went to auction, down 13.6% from a week ago.

Relative to a year ago, volumes remain high, with the 27.5% more homes going under the hammer than the same week last year. The higher number of auctions marries up with the overall flow of new listings coming to market, which has also been tracking higher than 2025 levels.

โ€ข Melbourne led the auction volumes this week, with 1,078 homes going under the hammer, a 15.6% reduction in volume from a week ago, but 34.9% higher than the same week last year. 57.7% of Melbourne auctions have returned a positive result so far, the lowest since the last week of September in 2024.

โ€ข 739 auctions were held in Syndey this week, 10.5% fewer than a week, but 12.7% more than the same week last year. The preliminary clearance rate fell to 55.2%, the lowest in four weeks, reversing the subtle rise in recorded in the clearance trend from mid-April.

โ€ข Brisbane hosted 164 auctions this week, a 20.4% reduction on the number held last week, but 53.3% higher than year ago. The preliminary clearance rate rose one percentage point over the week, from 52.7% a week ago to 53.7% this week. Brisbaneโ€™s preliminary clearance rate has held below 60% over six of the past seven weeks.

โ€ข 106 properties went to auction in Adelaide, down 27.4% on the week prior and 2.8% lower than a year ago. The preliminary clearance rate, at 67.2%, was 3.3 percentage points higher than a week ago.

โ€ข Canberra saw 114 auctions this week, a 16.3% rise on the week prior and more than double the number of auctions held a year ago. Only 48.3% have reported a positive result based on the results collected to-date.

โ€ข Eleven auctions were held in Perth and none in Tasmania.

Auction volumes are set to reduce again next week, with just over 2,000 events currently in the calendar, picking up to approximately 2,350 the week after.

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