Sydney noticed 559 houses auctioned, a 2.1% drop from the earlier week. Of the 443 outcomes reported up to now, 74.3% have been profitable, down from 74.9% beforehand. The metropolis has now posted early clearance rates above 70% for 9 weeks in a row.
Among the smaller capitals, Brisbane led with 127 auctions, almost matching the earlier week’s complete. The metropolis’s preliminary clearance price fell to 67.0%, its lowest in 4 weeks. Adelaide hosted 92 auctions, with a 70.3% clearance price – the very best in three weeks.
The ACT reported a clearance price of 75.6% from 56 auctions, its strongest end result since June 2024. In Perth, eight houses went to public sale, with one in all 5 reported outcomes returning a sale. No auctions have been recorded in Tasmania for the third consecutive week.
Looking forward, public sale volumes are anticipated to extend, with about 1,940 houses scheduled for public sale this week and greater than 2,000 the next week.
