Melbourne auction activity set to double week-on-week, but final clearance rate eases across the city
There are currently 2,343 capital city homes scheduled for auction this week, up 49.0% on last week when 1,572 auctions were held, but -17.3% lower than the same week last year (2,834).
In Melbourne, 984 homes are currently scheduled for auction this week, double the volume seen last week (486) when auction numbers dropped due to the Labour Day long weekend. While up 102.5% week-on-week, the number of homes taken to auction across the city over the same week last year was much higher (1,483).
There are 957 auctions scheduled in Sydney this week, up from 842 last week and 873 over the same week last year.
Across the smaller capitals, Brisbane is expected to be the busiest auction market with 183 homes set to go under the hammer, up substantially week-on-week (71) as many auctions were rescheduled due to the impact of ex-Tropical Cyclone Alfred. Adelaide is expected to see around 130 homes taken to auction, up from 99 last week, while Canberra is set to host 72 auctions this week, up from 62 last week. There are 15 auctions scheduled in Perth, up from 11 last week, while there are two auctions scheduled in Tasmania this week, compared to just one last week.
There are currently around 2,130 homes scheduled to go under the hammer across the combined capitals next week.
The complete Auction Market Preview for the week ending 16 March 2025 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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