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Both the volume of auctions and the early success rate significantly increased across the capital cities during the week ending 27 July 2025.
Cotality’s latest Property Market Indicator Summary showed that nationwide, 1,774 properties were auctioned off in the week ending 27 July 2025, marking an increase from the 1,561 auctions held during the previous week ending 20 July 2025.
The preliminary clearance rate kept pace with the rise in auctions and increased to 74.7 per cent, which represents the highest early clearance rate since the first week of July last year.
Melbourne led for auction volume across the capital cities last week, with the city’s 837 homes that went under the hammer marking a 25 per cent increase on the 671 auctions held during the week prior.
Melbourne’s preliminary clearance rate last week registered at 76.7 per cent, which was roughly in line with the 76.3 per cent recorded in the week prior, and marked the fifth time in six weeks the city’s early success rate has held above the 75 per cent mark.
Sydney’s auction volume slightly increased last week, with the 601 auctions rising 2.7 per cent from the 585 properties that went under the hammer during the week ending 20 July 2025.
However, Sydney recorded a week-on-week decline to its auction success rate, with last week’s preliminary clearance rate falling 1 percentage point from the week prior and coming in at 73.8 per cent.
Across the smaller capital cities, Brisbane saw the most auction activity, with the 190 auctions held last week marking the highest volume since the 205 homes that went under the hammer during the last week of May this year.
Brisbane’s preliminary clearance rate also increased last week to 74.5 per cent, which marks the city’s second-highest early success rate of the year so far after the 76.1 per cent recorded during the last week of June.
Adelaide hosted 86 auctions last week and returned a preliminary clearance rate of 69.1 per cent, which is the first time in two weeks that the city’s early success rate dipped below the 70 per cent mark.
Of the 49 homes taken to market across the ACT, 73.7 per cent have returned a positive result so far, marking the highest preliminary clearance rate since the week ending 9 March this year.
The results for six of Perth’s 11 auctions have been revealed, of which only three houses were successfully sold in the week ending 27 July 2025.
In Tasmania, no homes were taken to auction during the week ending 27 July 2025.
Cotality said the volume of auctions is set to reduce this week, with approximately 1,600 homes scheduled to go under the hammer during the week ending 3 August 2025.
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