Australia Auction Results
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All1922Sydney CBD31Eastern Suburbs101Upper North Shore108Lower North Shore60Inner West96Northern Beaches61Parramatta (Northwest suburbs)60Sydney Others292Melbourne East289Melbourne CBD48Melbourne West39Melbourne South East36Melbourne North293Melbourne Others243Brisbane CBD9Brisbane East16Brisbane North25Brisbane West18Brisbane South38Brisbane Others12Gold coast47
Australia this week from 24 August to 30 August has 1922 auction properties
32%
Clearance rate
1922
Auction schedule
379
Sold out
167
Passed in
Auction result collected1179
Median sales price$1,220,000
Sold Average rate$1,354,668
This week, the Australian real estate auction market remained stable, with a slight increase in the number of listings and a rise in clearance rates.
A total of 1,922 listings were up for auction this week, with auction results collected for 1,179 listings. Among them, 379 properties were successfully sold at auction, 166 were withdrawn, resulting in a clearance rate of 32%. Compared to last week, the number of listings increased by 43 (approximately 2.3%); the number of successful auctions increased by 34 (an increase of about 9.9%); and the clearance rate increased by 3 percentage points, indicating a rise in market activity.
Performance varied across different areas, with the Sydney Central region and the Sydney North area showing more noticeable market performance:
- The clearance rate in the Sydney Central area rose by 32 percentage points to 50%.
- The clearance rate in the Sydney Upper North area slightly increased by 1 percentage point to 43%.
- The Sydney Eastern and Northern Beaches areas remained strong, with clearance rates of 61% and 58%, respectively.
- The Sydney Northwest and Lower North areas declined to 29% and 54%, respectively.
Changes in the Melbourne area were relatively stable:
- The clearance rate in the Melbourne East area slightly rose to 19%.
- The Melbourne North area's clearance rate increased by 6 percentage points to 30%.
Brisbane's market remained subdued:
- The clearance rates in the Brisbane Central area and other regions stagnated at 0%.
- The Brisbane East area's clearance rate improved by 8 percentage points but was only 14%.
In terms of price, the mainstream transaction range this week was between $500,000 and $1,000,000, with 212 transactions, representing the largest proportion.
The highest transaction price this week was for a property at 28 GILDA AV, achieving a price of $5,700,000.
The median house price this week fell to $1,220,000, and the average sale price decreased to $1,354,668, reflecting an increased preference for lower-priced listings in the market. (Data for reference only)
A total of 1,922 listings were up for auction this week, with auction results collected for 1,179 listings. Among them, 379 properties were successfully sold at auction, 166 were withdrawn, resulting in a clearance rate of 32%. Compared to last week, the number of listings increased by 43 (approximately 2.3%); the number of successful auctions increased by 34 (an increase of about 9.9%); and the clearance rate increased by 3 percentage points, indicating a rise in market activity.
Performance varied across different areas, with the Sydney Central region and the Sydney North area showing more noticeable market performance:
- The clearance rate in the Sydney Central area rose by 32 percentage points to 50%.
- The clearance rate in the Sydney Upper North area slightly increased by 1 percentage point to 43%.
- The Sydney Eastern and Northern Beaches areas remained strong, with clearance rates of 61% and 58%, respectively.
- The Sydney Northwest and Lower North areas declined to 29% and 54%, respectively.
Changes in the Melbourne area were relatively stable:
- The clearance rate in the Melbourne East area slightly rose to 19%.
- The Melbourne North area's clearance rate increased by 6 percentage points to 30%.
Brisbane's market remained subdued:
- The clearance rates in the Brisbane Central area and other regions stagnated at 0%.
- The Brisbane East area's clearance rate improved by 8 percentage points but was only 14%.
In terms of price, the mainstream transaction range this week was between $500,000 and $1,000,000, with 212 transactions, representing the largest proportion.
The highest transaction price this week was for a property at 28 GILDA AV, achieving a price of $5,700,000.
The median house price this week fell to $1,220,000, and the average sale price decreased to $1,354,668, reflecting an increased preference for lower-priced listings in the market. (Data for reference only)