Bounce Back in Preliminary Auction Clearance Rate Across Capital Cities

Property Market Indicator | Property Pulse | Research News – 16 June 2025

Australia’s capital city property markets showed strong signs of recovery last week, with the combined preliminary auction clearance rate rebounding to 70.1%, following the King’s Birthday long weekend slump that saw it dip to a revised 60.7%.

The rebound in clearance rates coincided with a significant 61% increase in auction volumes, with 2,216 capital city homes going under the hammer — a sharp rise from the previous week’s 1,373 auctions.

📊 Auction Volumes & Clearance Rates by City

Melbourne Leads the Pack

Melbourne remained the busiest capital city market, with 1,030 homes taken to auction. Preliminary data shows a clearance rate of 72.2%, marking the seventh consecutive week above 70%. This is a strong signal of buyer demand remaining resilient in the face of rate uncertainty and cost-of-living pressures.

Sydney Clears 70% For Only the Second Time in 13 Weeks

Sydney hosted 836 auctions last week, and the preliminary clearance rate climbed to 70.5%. This is only the second time in 13 weeks that Sydney has cracked the 70% mark — a key psychological threshold for market confidence. It also marks the first time in three weeks the city has recorded a clearance rate above that level.

Brisbane Slower but Steady

Brisbane saw 127 auctions, with a preliminary clearance rate of 61.4%. While slightly below the national average, the market remains active and stable, particularly for well-priced homes in popular suburbs.

Adelaide Edges Higher

In Adelaide, 133 properties were taken to auction, with 67.1% selling, making it the city’s highest preliminary clearance rate in three weeks.

ACT Market Picks Up

Canberra’s market also saw improvement, with 79 auctions and a clearance rate of 60.7%, the strongest in the ACT over the past three weeks.

Perth & Tasmania Quiet

Perth recorded just 11 auctions, with five out of 10 reported results being successful. No auctions were held in Tasmania last week.

🔁 What Happens Next?

Looking ahead, auction volumes are expected to soften slightly, with approximately 1,850 auctions scheduled this week, and around 1,960 already lined up for the following week.

These fluctuations in clearance rates and auction volumes serve as key indicators of buyer sentiment, market supply, and affordability trends — crucial insights for both home buyers and investors looking to enter or reposition in the market.

🧠 Final Word

With auction activity rebounding and clearance rates returning to strong levels, buyers and sellers alike are showing renewed confidence — a promising sign for the winter property market. Whether you're considering buying, selling, or refinancing, now is a great time to speak to a broker about what these trends mean for your next move.

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