This week, Australia's national auction clearance rate came in at 37.1% across 2,124 scheduled auctions, with 787 properties sold. That's ↓3.6% compared to last week's 40.7%.

This week's clearance rate slipped further into buyer territory, with most capitals losing ground. For buyers, the softer conditions open the door to negotiate harder — especially where stock is building.

City-by-City Breakdown

City	Clearance Rate	vs Last Week	Scheduled	Sold Prior	At Auction	Sold After	Total Sold
Sydney	32.49%	↓1.9%	871	148	135	15	298
Melbourne	37.47%	↓5.8%	878	109	220	30	359
Brisbane	17.65%	↓6.1%	153	8	19	4	31
Adelaide	38.85%	↓5.7%	157	17	44	11	72
Canberra	41.54%	↑3.0%	65	14	13	0	27

What The Numbers Mean

The biggest capital saw a moderate decline, while a smaller southern capital dropped sharply, dragging the national rate lower. This dispersion reflects a market still adjusting to the RBA's May rate hike [1], which has cooled buyer sentiment and pushed more vendors to accept lower prices [2]. With volumes shrinking and the weighted clearance rate falling, buyers gain leverage — particularly in mid-tier suburbs where competition has thinned. For this week, buyers should focus on properties that have passed in, as post-auction negotiations are likely to yield the best value in what is now firmly a buyer's market.

Tips for This Week's Buyers

Review your budget zones in the setup wizard before auction day to know your limits. Set up your auction plan.
Stay patient during the live auction and let the bid tracker guide your timing.
Use Smart Bid's real-time bid tools to stick to your plan without getting caught in the heat. Start tracking now.

References

Ready to bid with confidence? Set up your next auction with Smart Bid.