Auction Clearance Rates This Week: 43.9% National (3 May 2026)

National auction clearance rate hit 43.9% this week. City-by-city results for Sydney, Melbourne, Brisbane, Adelaide, Canberra.

This week, Australia's national auction clearance rate came in at 43.9% across 3,008 scheduled auctions, with 1,320 properties sold. That's ↑1.6% compared to last week's 42.3%.

This week's auction results offer a clear signal for buyers: the national clearance rate is edging higher, but the story is far from uniform. A sharp rise in the biggest capitals contrasts with notable falls elsewhere, meaning local market knowledge is vital before bidding.

City-by-City Breakdown

CityClearance Ratevs Last WeekScheduledSold PriorAt AuctionSold AfterTotal Sold
Sydney37.25%↑8.7%113324617634456
Melbourne45.54%↑6.5%133519241643651
Brisbane18.26%↓9.7%2301725648
Adelaide48.45%↓4.1%194167810104
Canberra50.86%↑2.3%1162435261

What The Numbers Mean

The national clearance rate rose marginally week-on-week, but the dispersion was stark. The biggest capital and the second-biggest capital both posted sharp gains, defying the softer trend seen in recent weeks [1]. In contrast, a mid-size capital and a smaller southern capital fell—the mid-size sharply—creating a two-speed market. This divergence reflects post-Easter seasonality and the impact of the RBA's latest rate hike [2], which has further strained buyer capacity in more rate-sensitive markets. For buyers, the takeaway is clear: softer conditions in the mid-size and smaller capitals favour those prepared to negotiate post-auction, while the bigger capitals remain firmly a buyer's market despite the uptick, requiring disciplined bidding within pre-set limits.

Tips for This Week's Buyers

  • Use the setup wizard to define your budget zones—comfort, stretch, and limit—before auction day. Set up your auction plan.
  • During the auction, rely on your bid plan and let the bid tracker alert you when you're nearing your limit zone.
  • With Smart Bid's real-time bid feature, you can stay disciplined and avoid emotional overbidding, even in a hot market. Start tracking now.

References

  1. April clearance rate: Auction market weakens in April as home values fall
  2. RBA hikes interest rates: "It is a very tough time" - realestate.com.au

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