This week, Australia's national auction clearance rate came in at 42.3% across 2,771 scheduled auctions, with 1,172 properties sold. That's 0.0% compared to last week's 42.3%.

This week's steady clearance rate confirms a buyer's market is firmly entrenched, with sharp gains in Sydney contrasting steep falls in Brisbane. Buyers in softer capitals should find more room to negotiate post-auction.

City-by-City Breakdown

City	Clearance Rate	vs Last Week	Scheduled	Sold Prior	At Auction	Sold After	Total Sold
Sydney	36.93%	↑8.4%	1067	218	176	29	423
Melbourne	42.68%	↑3.7%	1209	167	349	42	558
Brisbane	21.4%	↓6.6%	215	13	33	10	56
Adelaide	42.86%	↓9.7%	147	9	54	10	73
Canberra	44.36%	↓4.2%	133	18	41	3	62

What The Numbers Mean

The biggest capital surged sharply, while a mid-size capital dropped sharply, creating a clear east-coast split. This dispersion reflects the lingering impact of the RBA's February rate hike [1], which has cooled sentiment in markets like Brisbane and Adelaide where affordability is tighter. Meanwhile, Sydney's rebound suggests buyers are acting on FOMO following the recent rate cut [2], driving competition in premium segments. For buyers this week, the softer conditions in mid-tier cities favour those prepared to negotiate post-auction, while Sydney requires a more aggressive pre-auction strategy. Overall, the national picture remains a buyer's market, with steady rates giving buyers leverage.

Tips for This Week's Buyers

Use the setup wizard to define your budget zones before auction day. Set up your auction plan.
During bidding, rely on the bid tracker to stay within your comfort zone.
Smart Bid's real-time bid alerts help you stick to your bid plan under pressure. Start tracking now.

References

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