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Both the volume of auctions and the preliminary success rate significantly increased across capital city markets during the week ending 15 June 2025.
Cotality’s latest Property Market Indicator Summary showed that nationwide, 2,216 capital city properties went to auction during the week ending 15 June 2025, a 61 per cent increase from the 1,373 auctions held during the previous week ending 8 June 2025.
The preliminary auction clearance rate kept pace with the surge in auctions, with last week’s early clearance rate rising to 70.1 per cent, compared to the early rate of 63.8 per cent recorded in the week prior.
Melbourne led for auction volume across the capital cities, with the city’s 1,030 auctions returning a preliminary clearance rate of 72.2 per cent, which was higher than 71.5 per cent the week prior and marked the seventh week in a row that the city’s early rate held above the 70 per cent mark.
Sydney hosted 836 auctions last week and registered a preliminary clearance rate of 70.5 per cent, which is only the second time in 13 weeks that Sydney has notched up an early auction success rate of 70 per cent or higher.
Adelaide saw the most auction activity across the smaller capital cities, with the 133 homes that went under the hammer returning a preliminary clearance rate of 67.1 per cent – the city’s highest early rate in three weeks.
Both Brisbane’s auction volume and preliminary clearance rate followed not far behind, with the city’s 127 homes taken to market returning an early rate of 61.4 per cent.
Of the 79 homes taken to auction across the ACT, 60.7 per cent have returned a positive result so far, which is the market’s highest preliminary clearance rate in three weeks.
The results for 10 of Perth’s 11 auctions have been revealed so far, of which only five houses were successfully sold in the week ending 15 June 2025.
No homes were taken to auction in Tasmania during the week ending 15 June 2025, marking the market’s second week of inactivity in a row.
Cotality said that the volume of auctions is set to fluctuate over the coming weeks, with approximately 1,850 homes scheduled to go under the hammer during the week ending 22 June 2025, before rising to around 1,960 the following week.
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