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Auction weekly volume rises to highest in 2 months

By Gemma Crotty
25 August 2025 | 6 minute read
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The number of auctions held across capital cities in the week ending 24 August was the highest in more than two months.

Cotality’s Property Market Indicator Summary revealed there were 2,120 auctions held across the combined capitals last week.

According to the report, it was the first time auction volumes surpassed 2,000 since the end of June, and marked the highest volume since mid-June when 2,183 auctions were held.

 
 

The preliminary clearance rate last week was 75.3 per cent, the highest since the first week of April in 2024.

Melbourne saw the highest auction volume with 1,017 homes that went under the hammer last week.

So far, the city’s preliminary clearance rate is 75.4 per cent, almost on par with the previous week.

In Sydney, there were 731 auctions held, slightly higher than the previous week at 705 auctions held.

So far, 79 per cent of Sydney auctions returned a successful result, the highest result since the first week of April last year.

In Brisbane, there were 172 homes that went under the hammer, up from 136 the previous week, reaching the highest volume in four weeks.

However, the early clearance rate fell to 60.8 per cent, the city’s lowest in 11 weeks.

Adelaide saw 115 auctions held last week, the largest volume since the week ending 15 June.

So far 71.2 per cent of auctions have reported a successful result, down from 78 per cent the earlier week.

Meanwhile, the ACT held 74 auctions last week, a slight rise from 51 the week prior.

So far a preliminary clearance rate of 76.9 per cent has been reported, down from 80.6 per cent the previous week.

In Perth, there have been seven of nine auction results collected so far, with all being successful.

Finally, the one auction result reported in Tasmania last week was passed in.

Cotality predicts auction activity to rise further this week, with approximately 2,430 homes across the capital cities set to go to auction.

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