Key takeaways
Capital city auction markets reported overall steady results despite the usual surge in early year listings and the added impact on confidence of recent increases in official interest rates.
The national weekend auction market reported an average clearance rate of 69.0% over the past week, slightly lower than the 71.0% reported the previous week but again higher than the 64.3% reported for the same week last year.
Auction listings will continue to surge over coming weeks particularly in Melbourne but recent indications continue to reflect solid market confidence and buyer depth despite higher interest rates.
Sydney recorded a clearance rate of 73.9% over the past week, well below the 82.1% recorded the previous week and lower than the 78.8% reported for the same week last year.
Melbourne recorded a clearance rate of 69.5% over the past week, which was nearly the same as the 69.6% recorded over the previous week but slightly lower than the 71.7% reported over the same week last year.
Capital city auction markets reported overall steady results despite the usual surge in early year listings and the added impact on confidence of recent increases in official interest rates.
The national weekend auction market reported an average clearance rate of 69.0% over the past week, slightly lower than the 71.0% reported the previous week but again higher than the 64.3% reported for the same week last year.
Auction listings will continue to surge over the coming weeks, particularly in Melbourne, but recent indications continue to reflect solid market confidence and buyer depth despite higher interest rates.
Sydney auction results
Note: Sydney Auction Clearance Falls Below Recent Boom-time Results
Although Sydney reported a significantly lower auction clearance rate over the past week, the result generally favoured sellers.
Sydney recorded a clearance rate of 73.9% over the past week, well below the 82.1% recorded the previous week and lower than the 78.8% reported for the same week last year.
Early year auction numbers continue to soar with 1009 homes reported listed versus the 784 auctioned over the previous week, but lower than the 1042 reported over the same week last year.
Sydney recorded a median price of $2,015,000 for houses sold at auction over the past week, which was well ahead of the $1,695,000 recorded over the previous week and also 9.2% higher than the $1,846,000 reported over the same week last year.
The Lower North again recorded the highest regional clearance rate over the past week at 90.2%, followed by the City and East at 81.5% and the Inner West at 77.1%.
The Central Coast reported the lowest clearance rate at 40.0%.
The clearance rate for houses was 71.0%, with units higher again this week at 80.1%.
The top Sydney home reported sold over the past week was a 5-bedroom house at 9 Surfside Av Clovelly that sold for $10,425,000. View top selling home here 9 Surfside Av Clovelly
The most affordable home reported sold at auction in Sydney over the past week was a 1-bedroom unit at 1/15 Darley St, Newtown that sold for $600,000.
Melbourne auction results
Note: Melbourne Auction Market Steady Despite Higher Listings
Melbourne reported a steady auction clearance rate over the past week despite the predictable rise in early year listings.
- Also read:National Weekly Auction Report – February 7th 202t | Auction Markets Steady Despite Surge in Listings and Higher Rates
- Also read:Australian housing market update | February 2026
- Also read:National Vacancy Rate Falls to 1.2% | SQM Research
- Also read:The RBA Just Changed the Property Market – Here’s the Fallout | Property Insiders
- Also read:This week’s Australian Property Market Update – Latest Data, State by State February 9th 2026
Melbourne recorded a clearance rate of 69.5% over the past week, which was nearly the same as the 69.6% recorded over the previous week but slightly lower than the 71.7% reported over the same week last year.
828 homes were reported listed for auction over the past week, which was significantly higher than the 656 auctioned over the previous week and similar to the 831 reported over the same week last year.
Melbourne recorded a median price of $957,500 for houses sold at auction over the past week, which was lower than the $1,010,000 reported over the previous week and 4.3% lower than the $1,000,000 reported over the same week last year.
Melbourne’s North East reported the top regional clearance rate over the past week, with 76.1%, followed by the South East and the West, each at 72.0%.
The Inner East recorded the lowest regional rate at 61.6% this week.
The clearance rate for houses was 68.3%, with units higher this week at 74.7%.
Melbourne’s top reported auction sale over the week was a 4-bedroom house at 18 Cusdin St Glen Iris that sold for $2,550,000. View top selling home here 18 Cusdin St Glen Iris
The most affordable home reported sold at auction in Melbourne over the week was a 1-bedroom unit at 8/44-46 Mary St Preston that sold for $385,000.
Brisbane auction results
Source: My Housing Market
Canberra auction results
Source: My Housing Market
Adelaide auction results
Source: My Housing Market
