Quarterly Auction Market Review | Suburb by Suburb results

Quarterly auction clearance rate increases over the December quarter despite significantly higher auction volumes across the combined capital cities.

Over the 3 months to December 2019, the clearance rate across the combined capital cities came in at 70.3 per cent across 26,923 auctions.

Auction Feature 02Over the previous quarter, auction volumes were significantly lower with 16,730 homes taken to auction across the combined capitals, returning a clearance rate of 69.9 per cent.

In comparison, the December 2018 quarter saw 25,894 homes taken to auction, although the clearance rate was much lower at 43.6 per cent.

With the exception of Melbourne and Tasmania, clearance rates across the capital cities outperformed both the previous quarter and the December 2018 quarter.

Melbourne saw the clearance rate improve year-on-year however over the 3 months to December 2019 the clearance rate for the city came in at 72.8 per cent, slightly lower than the previous quarter (73.5 per cent).

Looking at the non-capital city markets, clearance rates have increased across 3 of the 5 regions over the December quarter.

The Geelong region returned the highest clearance rate over the quarter (62.8 per cent), while the Gold Coast was the busiest region with 634 homes taken to auction.

Auction Market Review Highlights

A1

Quarterly summary, capital cities

A2

Weekly clearance rate and volume of auctions, combined capital cities

A3

Quarterly summary, regional

A4

A5

A6

Canberra

Suburb Clearance rate (Dec Qtr 19) Total auctions (Dec Qtr 19)
Prospect 53.8% 28

Adelaide

Suburb Clearance rate (Dec Qtr 19) Total auctions (Dec Qtr 19)
Kambah 72.4% 35

Sydney

Suburb Clearance rate Total auctions Suburb Clearance rate Total auctions
(Dec Qtr 19) (Dec Qtr 19) (Dec Qtr 19) (Dec Qtr 19)
Alexandria 91.9% 42 Concord 84.8% 47
Annandale 78.6% 51 Condell Park 60.0% 26
Arncliffe 66.7% 24 Coogee 80.3% 78
Artarmon 87.0% 28 Cremorne 88.7% 72
Ashfield 82.5% 59 Cronulla 69.2% 45
Auburn 63.6% 34 Croydon 76.2% 24
Avalon Beach 81.6% 50 Croydon Park 79.4% 38
Balgowlah 88.0% 27 Darling Po int 72.7% 27
Balmain 82.4% 41 Darlinghurst 62.8% 56
Bankstown 62.5% 30 Dee Why 84.8% 75
Baulkham Hills 85.5% 90 Double Bay 75.0% 30
Beecroft 60.7% 37 Drummoyne 83.3% 50
Bellevue Hill 69.8% 68 Dulwich Hill 86.7% 31
Belmore 75.0% 31 Earlwood 76.6% 52
Bexley 73.2% 64 Eastwood 70.2% 56
Blacktown 78.0% 67 Edgecliff 80.0% 21
Bondi 73.3% 35 Elizabeth Bay 68.8% 38
Bondi Beach 75.6% 54 Epping 85.7% 70
Bondi Junction 82.1% 36 Erskineville 84.6% 29
Botany 78.3% 30 Fairfield West 71.4% 21
B righto n-Le-Sands 78.3% 29 Fairlight 76.9% 29
Bronte 77.4% 34 Forestville 75.0% 23
Burwood 76.2% 25 Frenchs Forest 78.1% 37
Cammeray 78.6% 37 Freshwater 77.5% 44
Camperdown 100.0% 29 Gladesville 92.9% 35
Caringbah 69.6% 32 Glebe 86.2% 32
Caringbah South 72.7% 40 Gordon 77.3% 27
Carlingford 70.9% 58 Greenacre 78.0% 45
Castle Hill 76.7% 99 Hornsby 81.8% 23
Hunters Hill 73.7% 51 Panania 100.0% 23
Hurstville 85.2% 34 Parramatta 62.5% 39
Kellyville 68.6% 85 Pennant Hills 80.0% 25
Killara 62.1% 37 Petersham 90.9% 24
Kingsfo rd 100.0% 35 Potts Po int 81.6% 59
Kingsgro ve 67.9% 31 Punchbowl 63.9% 40
Kirrawee 80.0% 29 Pymble 86.1% 41
Lane Cove 87.0% 53 Pyrmont 73.0% 43
Lane Cove North 83.3% 48 Randwick 88.0% 123
Leichhardt 91.7% 53 Redfern 83.8% 45
Lindfield 68.2% 29 Revesby 88.0% 27
Manly 73.7% 92 Rockdale 77.3% 25
Maroubra 74.6% 68 Rose Bay 75.6% 49
Marrickville 84.5% 76 Roselands 68.2% 25
Marsfield 85.7% 40 Roseville 77.4% 39
Mascot 52.4% 26 Rozelle 82.1% 32
Matraville 70.0% 27 Ryde 78.9% 71
Merrylands 63.3% 34 Sans Souci 46.7% 34
Miranda 67.9% 33 Seaforth 75.0% 23
Mona Vale 77.8% 45 St Ives 74.7% 94
Moorebank 61.9% 22 Stanmore 95.7% 25
Mortdale 82.6% 25 Strathfield 84.5% 71
Mosman 74.2% 141 Surry Hills 83.3% 75
Naremburn 76.9% 31 Sydney 76.2% 27
Neutral Bay 94.6% 44 Sylvania 51.9% 36
Newport 56.1% 49 Turramurra 72.4% 35
Newtown 95.6% 49 Vaucluse 66.7% 49
North Bondi 71.0% 37 Wahroonga 90.2% 62
North Rocks 80.0% 26 Waterloo 81.0% 23
North Ryde 92.0% 29 Wentworth Po int 56.5% 24
North Sydney 76.7% 40 Wentworthville 83.3% 29
Oatley 71.4% 38 West Ryde 86.4% 30
Paddington 90.6% 75 Westmead 76.2% 24
Padstow 90.0% 34 Willoughby 75.0% 27
Chatswood 79.6% 67 Cherrybrook 66.7% 29
Chester Hill 63.3% 30 Clovelly 81.8% 25
Wollstonecraft 93.5% 35 Woollahra 78.4% 47
Yago o na 83.8% 42

Brisbane

Suburb Clearance rate Total auctions Suburb Clearance rate Total auctions
(Dec Qtr 19) (Dec Qtr 19) (Dec Qtr 19) (Dec Qtr 19)
Bulimba 62.5% 28 Norman Park 42.9% 21
Camp Hill 56.0% 29 Paddington 66.7% 29
Sunnybank Hills 46.9% 35 West End 42.9% 24

Melbourne

Suburb Clearance rate Total auctions Suburb Clearance rate Total auctions
 

 

(Dec Qtr 19) (Dec Qtr 19) (Dec Qtr 19) (Dec Qtr 19)
Box Hill North 86.7% 66 Brunswick West 57.7% 61
Abbotsford 82.4% 39 Bulleen 66.1% 61
Airpo rt West 76.5% 38 Bundoora 76.7% 97
Albert P ark 67.9% 31 Burwood 77.6% 77
Altona 75.6% 61 Burwood East 88.9% 32
Altona North 50.0% 54 Camberwell 64.4% 107
Armadale 60.5% 52 Canterbury 67.6% 38
Ascot Vale 85.1% 59 Carlton North 87.5% 26
Ashburton 71.9% 37 Carnegie 81.2% 93
Ashwood 79.2% 30 Caroline Springs 59.3% 36
Aspendale 76.9% 30 Caulfield 83.3% 28
Box Hill South 73.3% 48 Braybrook 44.8% 32
Brighton 72.0% 141 Brighton East 70.4% 85
Broadmeadows 60.0% 38 Brunswick 75.6% 45
Brunswick East 67.6% 44 Vermont South 82.8% 30
Caulfield South 83.3% 46 Frankston South 58.1% 33
Chadstone 69.6% 64 Gladstone Park 91.2% 34
Chelsea 70.0% 23 Glen Huntly 61.9% 25
Cheltenham 79.8% 99 Glen Iris 79.1% 103
Clayto n 80.4% 53 Glen Waverley 73.7% 174
Clayton South 71.9% 38 Glenroy 79.8% 104
Coburg 80.0% 102 Greensborough 78.4% 80
Coburg North 68.8% 34 Greenvale 70.3% 73
Collingwood 77.8% 33 Hadfield 69.2% 28
Craigieburn 67.5% 171 Hampton 78.8% 60
Croydon 87.5% 52 Hawthorn 86.2% 104
Dandenong 56.7% 36 Hawthorn East 83.6% 81
Dandenong No rth 62.9% 39 Heathmont 80.6% 33
Diamo nd Creek 66.7% 27 Heidelberg 78.3% 27
Dingley Village 89.7% 31 Heidelberg Heights 77.3% 27
Doncaster 73.7% 110 Highett 70.8% 80
Doncaster East 73.0% 113 Hillside 70.6% 42
Donvale 76.9% 48 Hoppers Crossing 51.2% 50
Doreen 65.0% 46 Hughesdale 66.7% 34
Dromana 28.6% 25 Ivanhoe 72.7% 38
Edithvale 76.9% 27 Keilor East 73.0% 69
Elsternwick 87.1% 40 Kensington 81.8% 39
Eltham 64.7% 56 Kew 72.7% 103
Elwood 67.5% 89 Kew East 84.6% 27
Epping 69.3% 109 Keysborough 72.9% 62
Essendon 76.8% 91 Kingsville 65.2% 28
Fairfield 95.0% 23 Knoxfield 73.1% 28
Fawkner 83.7% 51 Lalor 83.3% 76
Ferntree Gully 86.7% 50 Macleod 78.4% 41
Fitzroy 86.7% 50 Maidstone 62.9% 40
Fitzroy North 74.2% 38 Malvern 82.9% 50
Footscray 67.9% 61 Malvern East 75.0% 105
Fo rest Hill 94.7% 42 Maribyrno ng 54.8% 36
Frankston 67.5% 83 Mckinno n 72.7% 27

 

Melbourne 73.1% 85 Ringwo od East            74.3% 42
M entone 75.8% 77 Rosanna                      70.0% 36
Mernda 65.4% 59 Rosebud                      70.0% 37
Mickleham 44.4% 38 Rowville                      72.5% 58
Mill Park 80.2% 94 Roxburgh Park             63.6% 50
Mitcham 74.3% 73 Rye                            61.5% 28
Mont Albert North 88.5% 31 Sandringham                83.0% 55
Montmorency 68.8% 35 Seaford                       87.5% 27
Moonee Ponds 77.6% 55 Seddon                        85.7% 22
Moorabbin 73.1% 28 South Melbourne          75.7% 39
Mordialloc 65.7% 42 South Morang              71.8% 91
Mornington 83.3% 30 South Yarra                  72.4% 101
Mount Waverley 75.7% 200 Southbank                   65.4% 31
Mulgrave 90.0% 74 Springvale                    75.7% 40
Murrumbeena 81.8% 47 St Albans                    57.7% 63
Newport 70.1% 80 St Kilda                       75.5% 110
Niddrie 50.0% 33 St Kilda East                80.0% 74
Noble Park 75.7% 71 St Kilda West               75.0% 28
North Melbourne 71.0% 35 Strathmore                  75.0% 43
Northcote 71.7% 125 Sunshine                     91.2% 37
Nunawading 82.4% 59 Sunshine North            66.0% 58
Oak Park 75.0% 37 Sunshine West             60.4% 57
Oakleigh South 79.3% 35 Surrey Hills                  78.3% 51
Ormond 77.1% 45 Sydenham                   66.7% 23
Parkdale 90.2% 43 Tarneit                         42.9% 28
Pascoe Vale 82.5% 116 Taylors Hill                  90.9% 25
Pascoe Vale South 65.2% 27 Taylo rs Lakes              76.2% 24
Point Cook 44.7% 89 Templestowe               68.6% 61
Po rt Melbourne 67.1% 94 Templestowe Lower      71.1% 49
Prahran 75.9% 66 Thomastown                77.1% 54
Preston 80.9% 135 Thornbury                    79.3% 91
Reservoir 68.0% 221 Toorak                        54.3% 67
Richmond 67.2% 134 Tullamarine                  73.1% 27
Ringwood 63.2% 66 Vermont                      82.9% 38
Wantirna 76.6% 51 Wantirna South 71.6% 73
Werribee 81.4% 50 West Footscray 80.4% 51
Westmeadows 74.1% 30 Wheelers Hill 76.0% 51
Wollert 48.2% 65 Yarraville  84.0% 611

 

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Eliza Owen

About

Eliza is head Of Residential Research Australia for Corelogic and a respected property market commentator. Eliza holds a first class honours degree in economics from the University of Sydney


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