Auction numbers look weaker ‘out of the gate’ in 2025
Auction activity is ramping up after the festive period lull in activity with 1,472 scheduled auctions across the combined capital cities, up from 429 in the week ending 26th of January.
However, scheduled auction numbers are not as strong out of the gate as this time last year, when 1,712 auctions were held. The number of auctions may be weighed down by weaker demand conditions at the start of 2025, whereas the start of 2024 was defined by stronger selling conditions.
Melbourne currently has the highest number of auctions scheduled at 508 for the week. This is more than double the 223 auctions held last week, but year-on-year is down substantially from 625 auctions. In fact, Melbourne has contributed to most of the year-on-year decline in auction numbers across the combined capital cities.
There are 487 homes scheduled for auction across Sydney this week, up from 59 last week, but down from 583 in the equivalent week of 2024.
Across the smaller capitals, the highest number of auctions is scheduled in Adelaide (167), followed closely by Brisbane (166). In Adelaide, there are five more auctions this week than in the equivalent week of 2024, while Brisbane auction numbers slipped by 36 properties. This week there are 133 auctions scheduled across Canberra, up from 129 a year ago. In Perth, there are 11 auctions scheduled this week, and no auctions scheduled in Tasmania.
The complete Auction Market Preview for the week ending 2 February 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.
Full profile