Just under 2,100 homes set for auction across the combined capitals
There are 2,073 capital city homes currently scheduled for auction this week, down -3.6% from last week when 2,150 auctions were held. While down week-on-week, the number of auctions set to take place this week is significantly higher than the same week last year (1,543).
Melbourne is set to see 881 homes taken to auction this week, down -9.6% from last week (975) and 60.2% higher than this time last year (550).
There are 826 auctions scheduled in Sydney this week, down -2.1% from last week when 844 auctions were held, and 22.2% higher than this week last year (676).
Across the smaller capitals, Brisbane is set to host the most auctions this week (150), up from 130 last week and 131 this time last year. There are 147 auctions scheduled in Adelaide, up from 128 last week and 112 last year, while Canberra is set to host 63 auctions, compared to 57 last week and 68 this time last year. There are just four auctions scheduled in Perth, down from 13 last week and six this time last year, while Tasmania is set to see two homes taken to auction, compared to three last week. There were no auctions held in Tasmania this time last year.
Auction volumes will continue to trend lower over the coming weeks with just under 1,800 homes currently scheduled for auction across the combined capitals next week.
The complete Auction Market Preview for the week ending 30 June 2024 can be downloaded below.
Auction Market Preview
Meet Caitlin Fono
Sr Associate, Research Support
Caitlin has spent more than a decade working with property data and analytics in various roles, earning a position on the CoreLogic research team in 2013. As a respected and highly experienced research analyst, Caitlin works with high frequency data sets, regularly updating our widely read auction reporting, weekly activity updates and customised data briefs.
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