Just over 1,800 homes set for auction across combined capitals
There are currently 1,802 capital city homes scheduled for auction this week, up 7.9% on last week when 1,670 auctions were held, but -13.8% lower than this time last year (2,091).
Just under 800 auctions are currently scheduled across Sydney (796), up 28.2% on last week when 621 homes were taken to auction, and 15.2% higher than one year ago (691).
Melbourne is currently expecting around 666 auctions this week, down -1.3% week-on-week (675), and -33.2% lower than this time last year (997).
Across the smaller capitals, Brisbane is expecting to be the busiest auction market with 154 homes set to go under the hammer, down -24.9% week-on-week (205). Adelaide is expected to see around 121 homes taken to auction, up 23.5% from last week (98), while Canberra is set to host 56 auctions this week, down -9.7% on last week when 62 auctions were held. There are eight auctions scheduled in Perth, up from six last week, while only one auction is scheduled in Tasmania, down from three last week.
There are currently around 2,450 homes scheduled for auction across the combined capitals next week. If all of these auctions go ahead, it will be the busiest auction week since the week ending 8th December 2024 (2,617).
The complete Auction Market Preview for the week ending 16 February 2025 can be downloaded below.