24/05/2026
๐ง๐ต๐ฒ ๐ฝ๐ฟ๐ฒ๐น๐ถ๐บ๐ถ๐ป๐ฎ๐ฟ๐ ๐ฎ๐๐ฐ๐๐ถ๐ผ๐ป ๐ฐ๐น๐ฒ๐ฎ๐ฟ๐ฎ๐ป๐ฐ๐ฒ ๐ฟ๐ฎ๐๐ฒ ๐ฒ๐ฑ๐ด๐ฒ๐ฑ ๐ต๐ถ๐ด๐ต๐ฒ๐ฟ ๐ณ๐ฟ๐ผ๐บ ๐๐ต๐ฒ ๐ฝ๐ผ๐๐-๐ฏ๐๐ฑ๐ด๐ฒ๐ ๐๐ต๐ผ๐ฐ๐ธ ๐ฎ ๐๐ฒ๐ฒ๐ธ ๐ฎ๐ด๐ผ, 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.
โข 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.
โข 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.
โข 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.
โข 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.
โข 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.