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Michael has been once again voted Australia’s leading property investment advisor by the readers of ‘Your Investment Property Magazine’, but he’s not a theorist… He has been successfully investing in property since 1971 and is a leading property commentator and Australia’s most widely read property investment blogger. Join over 115,000 others who get their updates from Michael and his group of expert guest bloggers and benefit from their perspective.

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Home auction markets remain in the doldrums with generally low clearance rates, and a surge in listings with the holiday and sports distractions of the past few weeks now concluded. Weekly Auction Results to Saturday, October 10th 2026 Capital City This Week Last Week Same Week Last Year Auctions Rate Auctions Rate Auctions Rate Sydney 807 52.8% 521 60.0% 1189 76.4% Melbourne 710 60.5% 714 59.5% 1188 74.8% Brisbane 178 17.8% 145 23.7% 129 54.2% Adelaide 147 47.9% 95 36.5% 105 65.1% Canberra 75 42.8% 40 45.8% 105 65.9% Source: My Housing Market The national weekend auction market reported an average clearance rate of just 44.4% over the past week which was again lower than the 45.1% reported over the previous week and also again well below the 67.3% reported over the same week last year. Home auction markets are set to remain subdued over coming weeks ahead of the next RBA interest rate meeting in November. Sydney auction results
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Note: Sydney auction clearance rate falls sharply!

Sydney’s auction clearance rate was sharply lower over the past week, falling to a year-to-date low with a significant rise in listings. Sydney recorded a clearance rate of just 52.8% over the past week which was well below the 60.0% recorded over the previous week and again significantly lower than the 76.4% reported over the same week last year.
Auction numbers were significantly higher following the distractions of the previous week’s NRL Grand Final with 807 homes reported listed versus the 521 auctioned over the previous week but again well below the 1189 reported over the same week last year. Sydney recorded a median price of $1,750,000 for houses sold at auction over the past week which was higher than the $1,615,000 recorded over the previous week but 6.8% lower than the $1,878,000 reported over the same week last year. The Inner West recorded the highest regional clearance rate over the past week at 64.1% followed by the City and East at 63.3% and the Lower North at 58.3%. The West reported the lowest clearance rate at 28.6%. The clearance rate for houses was 48.2% with units higher again this week at 61.9%. Sydney regions weekly auction results - October 10th 2026 Region Results Clearance Rate Median Canterbury Bankstown 25 36.0% $1,425,000 Central Coast 6 33.3% $1,543,500 City and East 98 63.3% $1,230,000 Inner West 78 64.1% $1,220,000 Lower North 36 58.3% $1,020,000 North West 14 50.0% $1,650,000 Northern Beaches 23 43.5% $1,750,000 South 37 48.6% $1,750,000 South West 13 38.5% $1,116,000 Upper North Shore 57 50.9% $1,315,000 West 35 28.6% $951,000 Houses 258 48.2% $1,750,000 Units 155 61.9% $952,500 Total 413 52.8% $1,365,000 Source: My Housing Market Top Sydney weekly sales - October 10th 2026 The top Sydney home reported sold over the past week was a 5-bedroom house at 2a Barry St Clovelly that sold for $6,825,000. The most affordable home reported sold at auction in Sydney over the past week was a 2-bedroom unit at 106/54-58 Advance St Schofields that sold for $530,000. Address Price Agent 2a Barry St Clovelly $6,825,000 Ray White 61 Reina St North Bondi $4,575,000 Ray White 15 Lansdowne St Concord $3,980,000 Belle Property Strathfield 29 Nicholson St Balmain East $3,550,000 CobdenHayson Balmain 37 Oxley Av St Ives $3,190,000 Lane & Place 10 Alan Bond Pl Marsfield $3,089,888 Uniland Real Estate | Epping 12 Pretoria St Lilyfield $2,800,000 BresicWhitney Inner West 9 Ingham Av Five Dock $2,550,000 Belle Property Drummoyne 46 Stanley Rd Epping $2,550,000 VUE Property Estate Agents 21 Gumnut Rd Cherrybrook $2,430,000 Louis Carr Real Estate Source: My Housing Market Melbourne auction results
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Note: Melbourne clearance rate steady again.

Melbourne again reported another steady auction clearance rate over the past week with listings remaining relatively subdued. Melbourne recorded a weekly clearance rate of 60.5% which was similar to the 59.5% recorded over the previous week but remained well below the 74.8% reported over the same week last year.
710 homes were reported listed for auction over the past week which was lower than the 714 auctioned over the previous week and again well below the 1188 reported over the same week last year. Melbourne recorded a median price of $1,000,000 for houses sold at auction over the past week which was again higher than the $930,000 reported over the previous week but 5.2% lower than the $1,055,000 reported over the same week last year. Melbourne’s Outer East reported the top regional clearance rate over the past week with 65.8% followed by the South East at 62.5% and the West at 61.4%. The Inner City recorded the lowest regional rate this week at 53.7%. The clearance rate for houses was 58.8% with units higher again this week at 68.0%. Melbourne regions weekly auction results - October 10th 2026 Region Results Clearance Rate Median Inner East 56 57.1% $1,310,000 Inner South 54 61.1% $1,115,500 Inner Urban 41 53.7% $1,450,000 North East 85 58.8% $832,000 Northern 55 54.5% $718,500 Outer East 76 65.8% $1,141,250 South East 24 62.5% $878,000 West 101 61.4% $858,000 Houses 442 58.8% $1,000,000 Units 50 68.0% $695,000 Total 492 60.5% $950,500 Source: My Housing Market Top Melbourne weekly sales - October 10th 2026 Melbourne’s top reported auction sale over the week was a 5-bedroom house at 113 Riversdale Rd Hawthorn that sold for $3,650,000. The most affordable home reported sold at auction in Melbourne over the week was a 2-bedroom unit at 20/2-10 Monckton Pl Caroline Springs that sold for $440,000. Address Price Agent 113 Riversdale Rd Hawthorn $3,650,000 Jellis Craig & Company 71 Chapel St St Kilda $2,950,000 Gary Peer 58 Vine St Moonee Ponds $2,817,500 McDonald Upton 6 Main St Northcote $2,792,000 Marshall White 12 Flowers St Caulfield South $2,600,000 Fletchers Glen Eira 8 Clifton St Blackburn $2,580,000 Fletchers Canterbury 87 Woodhouse Gr Box Hill North $2,500,000 CHN Real Estate Group 16 Kelvin Rd Alphington $2,500,000 Jellis Craig Northcote 40 Palmer St Fitzroy $2,400,000 Nelson Alexander Fitzroy 105 Coleman Pde Glen Waverley $2,366,666 Jellis Craig Glen Waverley Source: My Housing Market Brisbane auction results Top Brisbane weekly sales - October 10th 2026 Address Price Agent 26 Saunders Pl Wynnum $2,300,000 Place Wynnum Manly 87 Khartoum St Gordon Park $2,030,000 Ray White Wilston 18 Epsom St Macgregor $1,920,000 Ray White Rochedale 11 Cheltenham Pl Forest Lake $1,410,000 Brisbane Real Estate.com.au 5 Starcross St Macgregor $1,050,000 Ray White Rochedale 3/65 Stuckey Rd Clayfield $900,000 Place 77 Stagpole St West End $490,000 Ray White Townsville Source: My Housing Market Canberra auction results Top Canberra weekly sales - October 10th 2026 Address Price Agent 60 Rosman Cct Gilmore $1,081,000 Muscat Property Co. 14 Warramoo Cr Narrabundah $1,050,000 PURNELL 19 Waterworth St Dunlop $1,020,000 Ray White Canberra 45 Morrow Street -'Dunlop Hills' Dunlop $985,000 Michael Potter Real Estate 68 Barnet Cl Phillip $850,000 VERV Property 7 Kaberry Pl Chisholm $850,000 Ray White Canberra 14 Gundulu Pl Giralang $760,000 MARQ Property 86 Clarey Cr Spence $750,000 Blackshaw Gungahlin 50 Zanci St Crace $731,000 Blackshaw Gungahlin Source: My Housing Market Adelaide auction results Top Adelaide weekly sales - October 10th 2026   Address Price Agent 122 Williams Rd Gould Creek $1,520,000 Selling SA Homes 5 Dean Gr Heathpool $1,510,000 TOOP+TOOP Real Estate 11 Johns Rd Prospect $1,370,000 Ray White Prospect 17 Whelan Av Camden Park $1,330,000 Ray White Glenelg 50 Brooklyn Tce North Haven $1,030,000 Ray White 2 Mclaren St Adelaide $980,000 Ray White Adelaide City 21 Woodbridge Dr Angle Vale $975,000 Ray White Burnside 48A Park Tce Ovingham $955,000 OC 15 Harvey St Ethelton $955,000 Ray White (Semaphore) 4 Ramsey St Netley $951,000 Ray White Norwood Source: My Housing Market

Home auction markets remain in the doldrums with generally low clearance rates, and a surge in listings with the holiday and sports distractions of the past few weeks now concluded. Weekly Auction Results to Saturday, October 10th 2026 Capital City This Week Last Week Same Week Last Year Auctions Rate Auctions Rate Auctions Rate Sydney…

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