Busiest auction week for Sydney in three years
There are currently 2,995 capital city homes scheduled for auction this week, up 23.4% on last week (2,427), and 51.4% higher than the same week last year (1,978). The surge in auction volume is typical in the lead up to Easter, with 3,519 homes taken to auction the week prior to Easter last year.
In Melbourne, 1,231 homes are scheduled for auction this week, up from 1,142 last week and 892 this time last year. The lead up to Easter last year saw 1,760 homes taken to auction across Melbourne.
There are 1,344 homes scheduled to go under the hammer in Sydney this week, up 49.7% on last week (898) – marking the busiest auction week the city has seen since the week prior to Easter-2022 (1,490). One year ago, 821 auctions were held across the city, while the week prior to Easter last year saw 1,199 homes taken to auction across Sydney.
Across the smaller capitals, Brisbane is the only city expecting to see a drop in auction volume, with 136 homes set for auction this week, down from 168 last week. There are 173 auctions scheduled in Adelaide, up from 117 last week, while Canberra is set to host 99 auctions this week, up from 90 last week. There are 10 auctions scheduled in Perth, and two in Tasmania, which is in line with last week.
Next week will see auction volumes fall due to the Easter long weekend, with around 620 capital city homes currently scheduled for auction. Easter week last year saw 901 homes taken to auction.
.
The complete Auction Market Preview for the week ending 13 April 2025 can be downloaded below.