Key takeaways
Home auction markets have returned another week of generally underwhelming results with both clearance rates and auction numbers substantially lower than those recorded over the same week last year.
The national weekend auction market reported an average clearance rate of just 43.4% over the past week which was lower than the 46.5% reported over the previous week and again well below the 67.2% reported over the same week last year.
Already subdued markets will be impacted next week by Melbourne Cup distractions and will also be focussing on the RBA interest rate meeting on Cup Day.
The October home auction market has concluded with signs of improvement, with Sydney and Melbourne reporting higher weekly clearance rates from reasonable listing numbers.
Weekly Auction Results to Saturday, October 31st 2026
| Capital City | This Week | Last Week | Same Week Last Year | |||
|---|---|---|---|---|---|---|
| Auctions | Rate | Auctions | Rate | Auctions | Rate | |
| Sydney | 985 | 56.5% | 885 | 51.0% | 1483 | 74.1% |
| Melbourne | 574 | 60.0% | 838 | 58.5% | 597 | 73.8% |
| Brisbane | 225 | 20.3% | 200 | 20.7% | 226 | 56.0% |
| Adelaide | 159 | 37.4% | 152 | 33.0% | 192 | 74.6% |
| Canberra | 102 | 49.7% | 66 | 53.7% | 144 | 67.0% |
Source: My Housing Market
The national weekend auction market reported an average clearance rate of 44.8% over the past week which was higher than the 43.4% reported over the previous week but again well below the 69.1% reported over the same week last year.
Subdued buyer and seller confidence markets will clearly be influenced by next Tuesdays RBA decision on interest rates with many forecasting another rise.
Sydney auction results
Note: Sydney auction clearance rate rebounds.
Sydney’s auction clearance rate rebounded over the past week following the previous week’s year-to -date low result.
Sydney recorded a clearance rate of 56.5% just over the past week which was higher than the 51.0% recorded over the previous week but again significantly lower than the 74.1% reported over the same week last year.
Auction numbers were also higher with 985 homes reported listed versus the 885 auctioned over the previous week but again well below the 1483 reported over the same week last year.
Sydney recorded a median price of $1,850,000 for houses sold at auction over the past week which was lower than the $1,860,000 recorded over the previous week and 1.3% lower than the $1,875,000 reported over the same week last year.
The Lower North again recorded the highest regional clearance rate over the past week at 75.0% followed by the Northern Beaches at 62.5% and the City and East at 62.0%. The Central Coast reported the lowest clearance rate at 28.6%.
The clearance rate for houses was 55.8% with units higher again this week at 61.1%.
Sydney regions weekly auction results - October 31st 2026
| Region | Results | Clearance Rate | Median |
|---|---|---|---|
| Canterbury Bankstown | 31 | 54.8% | $1,405,250 |
| Central Coast | 7 | 28.6% | $2,370,000 |
| City and East | 108 | 62.0% | $1,994,250 |
| Inner West | 75 | 49.3% | $1,473,750 |
| Lower North | 36 | 75.0% | $1,435,000 |
| North West | 28 | 53.6% | $1,910,000 |
| Northern Beaches | 32 | 62.5% | $1,445,500 |
| South | 46 | 56.5% | $1,350,750 |
| South West | 14 | 35.7% | $1,200,000 |
| Upper North Shore | 75 | 52.0% | $2,050,000 |
| West | 34 | 55.9% | $1,235,000 |
| Houses | 337 | 55.8% | $1,850,000 |
| Units | 135 | 61.1% | $1,070,000 |
| Total | 472 | 56.5% | $1,517,500 |
Source: My Housing Market
Top Sydney weekly sales - October 31st 2026
The top Sydney home reported sold over the past week was a 4-bedroom house at 19 St Thomas St Bronte that sold for $11,950,000.
The most affordable home reported sold at auction in Sydney over the past week was a 2-bedroom unit at 206/36-40 Romsey St Waitara that sold for $700,000.
| Address | Price | Agent |
|---|---|---|
| 19 St Thomas St Bronte | $11,950,000 | Ray White (Phillips & Co) |
| 1 Nelson Pde Hunters Hill | $7,800,000 | Ray White (Hunters Hill) |
| 10/1-2 Tower St Manly | $6,700,000 | Clarke & Humel Property |
| 16 Argyle Av Ryde | $4,362,000 | Uniland Real Estate | Epping |
| 4/1 Avoca Dr Avoca Beach | $4,000,000 | Ray White RPG |
| 54 Adams St Curl Curl | $3,850,000 | SEA-Smyth Estate Agents |
| 12 Aubrey Rd Northbridge | $3,740,000 | Ray White Centennial Park |
| 6 Murray Isl Sylvania Waters | $3,720,000 | McGrath Sans Souci |
| 44 Ramsay St Haberfield | $3,700,000 | CobdenHayson Annandale |
| 301 Botany St Kingsford | $3,350,000 | Ray White (Phillips & Co) |
Source: My Housing Market
Melbourne auction results
Note: Melbourne clearance rate higher again this week.
Melbourne again reported a higher auction clearance rate over the past week but from lower listings.
Melbourne recorded a weekly clearance rate of 60.0% which was higher than the 58.5% recorded over the previous week but remained significantly lower than the 73.8% reported over the same week last year.
574 homes were reported listed for auction over the past week which was well below the 838 auctioned over the previous week and slightly lower than the 597 reported over the same Melbourne Cup impacted week last year.
Melbourne recorded a median price of $1,060,000 for houses sold at auction over the past week which was lower than the $1,254,000 reported over the previous week but 9.3% higher than the $970,000 reported over the same week last year.
Melbourne’s South East reported the top regional clearance rate over the past week with 73.9% followed by the Outer East at 65.3% and the Inner East at 64.1%. The North recorded the lowest regional rate this week at 42.9%.
The clearance rate for houses was 57.8% with units higher again this week at 61.5%.
Melbourne regions weekly auction results - October 31st 2026
| Region | Results | Clearance Rate | Median |
|---|---|---|---|
| Inner East | 39 | 64.1% | $1,219,500 |
| Inner South | 48 | 62.5% | $1,111,000 |
| Inner Urban | 30 | 63.3% | $1,405,000 |
| North East | 57 | 52.6% | $828,000 |
| Northern | 35 | 42.9% | $737,750 |
| Outer East | 49 | 65.3% | $1,141,000 |
| South East | 23 | 73.9% | $890,000 |
| West | 72 | 52.8% | $840,000 |
| Houses | 301 | 57.8% | $1,060,000 |
| Units | 52 | 61.5% | $650,000 |
| Total | 353 | 60.0% | $931,000 |
Source: My Housing Market
Top Melbourne weekly sales - October 31st 2026
Melbourne’s top reported auction sale over the week was a 4-bedroom house at 16 Fosbery Av Caulfield North that sold for $2,810,000.
The most affordable home reported sold at auction in Melbourne over the week was a 1-bedroom unit at 24/26W Toorak Rd South Yarra that sold for $425,000.
| Address | Price | Agent |
|---|---|---|
| 16 Fosbery Av Caulfield North | $2,810,000 | RT Edgar Glen Eira |
| 3 Grimwade Ct Caulfield North | $2,690,000 | Gary Peer |
| 9 Hurtle St Ascot Vale | $2,615,000 | McDonald Upton |
| 6 Glenmore Gr Mount Waverley | $2,561,000 | Marshall White |
| 2/2 Ross St Alphington | $2,420,000 | McGrath Northcote |
| 9 Lisbon St Glen Waverley | $2,416,000 | Jellis Craig Glen Waverley |
| 52 Perry St Fairfield | $2,400,000 | JELLIS CRAIG FITZROY |
| 4A Wanda Rd Caulfield North | $2,400,000 | Gary Peer |
| 28 Edward St Elsternwick | $2,251,000 | Gary Peer |
| 102 Falconer St Fitzroy North | $2,150,000 | Nelson Alexander Fitzroy |
Source: My Housing Market
Canberra auction results
Top Canberra weekly sales - October 31st 2026
| Address | Price | Agent |
|---|---|---|
| 110 Schlich St Yarralumla | $1,900,000 | Blackshaw Manuka |
| 10 Strahan Row Yarralumla | $1,540,000 | Blackshaw Manuka |
| 11 Slowey Pl Bruce | $1,500,000 | Onyx Property Agency |
| 5 Morton St Weetangera | $1,210,000 | Ray White Canberra |
| 7 Burgan Pl Rivett | $1,200,000 | Blackshaw Weston Creek |
| 35 Toppano St Moncrieff | $1,080,000 | Ray White Canberra |
| 4/51 Alexander Mackie Cct Isaacs | $1,080,000 | Luton Properties |
| 45/1 Wilkins St Mawson | $970,000 | Ray White Canberra |
| 7 Southern Cl Chisholm | $950,000 | LJ Hooker Belconnen |
| 1 Kruse Pl Melba | $915,000 | Ray White Canberra |
Source: My Housing Market
Adelaide auction results
Top Adelaide weekly sales - October 31st 2026
| Address | Price | Agent |
|---|---|---|
| 31 Church Av Norwood | $2,951,000 | Pilgrim |
| 17 Swaine Av Rose Park | $2,260,000 | Klemich Real Estate |
| 26 Park Av Rosslyn Park | $1,550,000 | Alexander Real Estate |
| 14 Tarpeena Av Windsor Gardens | $1,350,000 | Ray White Prospect |
| 40 Lionel Av Blair Athol | $1,346,750 | Ray White |
| 60 George St Paradise | $1,250,000 | Ray White Prospect |
| 77 White Av Lockleys | $1,210,000 | Ray White Grange |
| 1 Oliveto Ct Angle Vale | $1,175,000 | Ray White Barossa Valley |
| 9 Porter Tce Rostrevor | $1,150,000 | Ray White Kensington |
| 26 Blount St Blair Athol | $1,066,000 | Ray White Prospect |
Source: My Housing Market
- Also read:National Weekly Auction Report – October 31st 2026 | Quiet October Home Auction Market Ends with Signs of Improvement
- Also read:Home Prices Continue to Steady Over October | Latest Property Market Stats
- Also read:Unemployment rises, housing approvals fall and Melbourne leads the auctions again | Property Insiders
- Also read:This week’s Australian Property Market Update – Latest Data, State by State October 27th 2026
- Also read:Latest Property Price Forecasts. Australian Property Market Outlook 2026-2027: Navigating a Market Correction
