Fewer homes set for auction across the combined capitals this week
There are currently 2,574 capital city homes scheduled for auction this week, down -6.4% on last week when 2,751 auctions were held, and -3.4% lower than this time last year (2,665).
In Melbourne, 1,144 homes are currently scheduled for auction this week, down -20.4% on last week when 1,437 auctions were held, and -15.4% lower than the same week last year (1,352).
Sydney is expecting to see auction activity rise above 1,000 for the first time since the week ending 1 December 2024, with 1,010 Sydney homes currently scheduled for auction. This is up 9.5% on last week (922) and 12.5% higher than this time last year (898).
Across the smaller capitals, Brisbane is expected to be the busiest auction market with 188 homes set to go under the hammer, up 36.2% week-on-week (138). Adelaide is expected to see around 148 homes taken to auction, two more than last week (146), while Canberra is set to host 70 auctions this week, down -23.1% on last week when 91 auctions were held. There are 11 auctions scheduled in Perth, down from 16 last week, while there are three auctions scheduled in Tasmania this week, compared to just one last week.
There are around 1,550 capital city homes currently scheduled for auction next week. The drop in volume can be attributed to the upcoming long weekend in four of the eight states and territories.
The complete Auction Market Preview for the week ending 2 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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