Listings rise across major markets as clearance rates remain stable
Capital city auction activity is set to increase this week, with 2,045 homes scheduled for sale under the hammer across the combined capitals, according to figures from property data and analytics firm Cotality.
The tally is 29.1% higher than last week’s 1,584 auctions and 7.2% above the same week a year ago, when 1,907 properties were offered.
Around 2,800 homes are already listed for auction across the capitals next week, pointing to further growth in volumes.
Sydney is expected to record 851 auctions this week, a 41.1% increase on last week’s 603 events. The city’s auction pipeline is also ahead of last year, with volumes 11% higher than the 767 auctions held in the equivalent week.
Melbourne has 785 homes booked for auction, up 25.2% from 627 last week. On a year-on-year comparison, however, this week’s figure sits below the 815 auctions held over the same week in the previous year.
Among the smaller capitals, Brisbane is on track to be the most active auction market, with 163 properties due to go under the hammer, up 24.4% on last week’s 131. Adelaide is scheduled to host 127 auctions, a 7.6% rise on the 118 held a week earlier, while Canberra has 97 auctions listed, up 5.4% from 92. Perth is expecting 19 auctions, compared with 12 last week, and Tasmania has three scheduled, up from one.
Source: Cotality
Across the combined capitals, 1,584 auctions were conducted last week, slightly below the 1,603 reported the previous week and down on the 1,670 held in the same week a year earlier.
The combined capital city clearance rate was 66.1%, only 0.3 percentage points lower than the prior week’s 66.4%. Compared with the same period last year, when 64.2% of auctions were successful, the clearance rate was 1.9 percentage points higher.
Melbourne hosted 627 auctions last week, broadly unchanged from 626 the week before. The city recorded a clearance rate of 60.1%, easing from 63.7% in the previous week. In the corresponding week last year, 675 auctions were held and 66.5% cleared.
Sydney saw 603 homes taken to auction last week, up from 459 the week prior but down on the 621 auctions held a year earlier. The city’s clearance rate reached 70.8%, its strongest result since the week ending Sept. 21, 2025, when it recorded 71.7%. This compared with a 62.3% clearance rate the previous week and 66.1% in the same week last year.
Conditions in the smaller capitals were more subdued, with clearance rates easing in most markets except Perth, where volumes remain modest. Adelaide’s clearance rate declined to 78.0% from 83.9% a week earlier. Brisbane reported a 67.9% clearance rate, down from 71.8%, while Canberra’s result slipped to 58.7% from 64.9%. In Perth, eight of the 12 auctions held were successful, a clearance rate of 66.7%, compared with four successful results from eight auctions the week before. The single auction held in Tasmania last week was passed in.
In terms of activity, Brisbane was the busiest of the smaller capitals last week, with 131 auctions, down from 220 the week before. Adelaide held 118 auctions, compared with 155 in the prior week, while Canberra hosted 92 auctions, down from 134.
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