Australia Auction Results
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All2137Sydney CBD24Eastern Suburbs100Upper North Shore101Lower North Shore85Inner West91Northern Beaches67Parramatta (Northwest suburbs)80Sydney Others288Melbourne East347Melbourne CBD89Melbourne West48Melbourne South East57Melbourne North326Melbourne Others251Brisbane CBD12Brisbane East7Brisbane North24Brisbane West22Brisbane South53Brisbane Others21Gold coast44
Australia this week from 24 November to 30 November has 2137 auction properties
60%
Clearance rate
2137
Auction schedule
1260
Sold out
561
Passed in
Auction result collected2106
Median sales price$1,355,000
Sold Average rate$1,641,482
This week, the Australian real estate auction market was active, with slight increases in both the number of listings and clearance rates.
A total of 2,137 properties were listed for auction this week, with results collected for 2,106 auctions. Out of these, 1,260 properties were successfully sold, and 561 were passed in, achieving a clearance rate of 60%. Compared to last week, the number of properties listed for auction increased by 218 (approximately 11.4%), and the number of successful auctions grew by 150 (an increase of about 13.5%). The clearance rate rose by one percentage point, indicating gradually increasing market activity.
The performance varied across regions, with significant growth in clearance rates observed in Melbourne North and Melbourne East:
The clearance rate in Melbourne North increased by 6 percentage points, reaching 60%;
In Melbourne East, the clearance rate rose by 3 percentage points to 64%.
Changes were also noted in the Sydney area, where Sydney Lower North saw a 4 percentage point rise in clearance rate to 71%. On the other hand, the clearance rate in Sydney Northwest dropped by 9 percentage points to 53%, showing weaker performance. In comparison, Brisbane’s overall performance declined, with noticeable drops in clearance rates across multiple areas, particularly in Brisbane Central, where the clearance rate fell to 33%.
In terms of prices, the mainstream transaction range this week was between $500,000 and $1 million, with 320 properties sold, accounting for the largest proportion.
The highest transaction price this week was for a property located at 10 Queens Av, which sold for $26 million.
The median sale price for homes this week significantly increased to $1,355,000, compared to $1,100,000 last week, indicating growth in the sale of high-priced properties. The average sale price also rose to $1,641,482, reflecting a market shift towards mid-to-high-end properties. (Data is for reference only)
A total of 2,137 properties were listed for auction this week, with results collected for 2,106 auctions. Out of these, 1,260 properties were successfully sold, and 561 were passed in, achieving a clearance rate of 60%. Compared to last week, the number of properties listed for auction increased by 218 (approximately 11.4%), and the number of successful auctions grew by 150 (an increase of about 13.5%). The clearance rate rose by one percentage point, indicating gradually increasing market activity.
The performance varied across regions, with significant growth in clearance rates observed in Melbourne North and Melbourne East:
The clearance rate in Melbourne North increased by 6 percentage points, reaching 60%;
In Melbourne East, the clearance rate rose by 3 percentage points to 64%.
Changes were also noted in the Sydney area, where Sydney Lower North saw a 4 percentage point rise in clearance rate to 71%. On the other hand, the clearance rate in Sydney Northwest dropped by 9 percentage points to 53%, showing weaker performance. In comparison, Brisbane’s overall performance declined, with noticeable drops in clearance rates across multiple areas, particularly in Brisbane Central, where the clearance rate fell to 33%.
In terms of prices, the mainstream transaction range this week was between $500,000 and $1 million, with 320 properties sold, accounting for the largest proportion.
The highest transaction price this week was for a property located at 10 Queens Av, which sold for $26 million.
The median sale price for homes this week significantly increased to $1,355,000, compared to $1,100,000 last week, indicating growth in the sale of high-priced properties. The average sale price also rose to $1,641,482, reflecting a market shift towards mid-to-high-end properties. (Data is for reference only)