News & Research

Auction Market Preview - 9 February 2025

Combined capital city auction numbers expected to rise 13% week-on-week

Auction activity is expected to increase around 13% week-on-week across the combined capitals with 1,571 homes currently scheduled for auction, up from 1,390 last week. Over the same week last year, 1,642 capital city homes were taken to auction.

There are currently 633 auctions scheduled in Sydney this week, up 39.7% on last week (453). This time last year, 647 homes were taken to auction across the city.

Melbourne is expected to host around 561 auctions this week, up 16.1% from last week when 483 auctions were held. This time last year, 664 Melbourne homes went to auction.

Auction volumes are set to fall across the smaller capitals, with the exception of Brisbane and Tasmania. Brisbane currently has the highest number of scheduled auctions at 209, up from 162 last week, while in Adelaide, 107 homes are scheduled for auction, down from 150 last week. Canberra is set to host around 51 auctions, down from 131. There are seven auctions scheduled in Perth this week, down from 11 last week, while there are three auctions scheduled in Tasmania, after last week saw no auction activity.

There are currently just over 1,750 capital city homes set for auction across the combined capital cities next week.

The complete Auction Market Preview for the week ending 9 February 2025 can be downloaded below.

Auction Market Preview

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Caitlin Fono

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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