Key takeaways
Early season auction markets remained clearly in favour of sellers in most capitals, although clearance rates were generally lower compared to the previous week’s results.
The national weekend auction market reported an average clearance rate of 71.0% over the past week, which was lower than the 75.3% reported over the previous week but higher than the 63.3% reported over the same week last year.
Early year home auction market activity will continue to accelerate over the coming weeks, with sentiment to be tested by the recent increase in RBA interest rates – the first in over two years.
Sydney recorded another boom-time auction clearance rate despite the move by the RBA last week to raise official interest rates.
Melbourne reported a significantly lower auction clearance rate over the past week following the RBA decision to increase interest rates last week.
Melbourne recorded a clearance rate of 69.6% over the past week, which was significantly lower than the 75.0% recorded over the previous week but similar to the 70.8% reported over the same week last year.
Early season auction markets remained clearly in favour of sellers in most capitals, although clearance rates were generally lower compared to the previous week’s results.
The national weekend auction market reported an average clearance rate of 71.0% over the past week, which was lower than the 75.3% reported over the previous week but higher than the 63.3% reported over the same week last year.
Early year home auction market activity will continue to accelerate over the coming weeks, with sentiment to be tested by the recent increase in RBA interest rates – the first in over two years.
Sydney auction results
Note: More Boom-time Auction Results for Strong 2026 Sydney Market
Sydney recorded another boom-time auction clearance rate despite the move by the RBA last week to raise official interest rates.
Sydney recorded a clearance rate of 64.4% over the past week which was lower than the 66.8% recorded over the previous week but higher than the 61.7% reported over the same week last year.
Sydney recorded a clearance rate of 82.1% over the past week which was similar to the 82.0% recorded over the previous week but higher than the 76.8% reported over the same week last year.
Early-year auction numbers remained robust, with 784 homes listed versus 486 auctioned over the previous week, and were similar to the 785 reported over the same week last year.
Sydney recorded a median price of $1,695,000 for houses sold at auction over the past week which was higher than the $1,526,000 recorded over the previous week but just 0.9% lower than the $1,710,000 reported over the same week last year.
The Lower North recorded the highest regional clearance rate over the past week at 97.8% followed by the South West at 88.9% and the City and East at 88.5%. The Northern Beaches reported the lowest clearance rate at 64.5%.
The clearance rate for houses was 80.2%, with units higher again this week at 86.3%.
Source: My Housing Market
The top Sydney home reported sold over the past week was a 7-bedroom house at 79 Pymble Av Pymble that sold for $11,027,700. View top selling home here 79 Pymble Av Pymble
The most affordable home reported sold at auction in Sydney over the past week was a 1-bedroom unit at 63/220-234 Goulburn St Darlinghurst that sold for $480,000.
Source: My Housing Market
Melbourne auction results
Note: Melbourne Auction Clearance Falls Following Rate Rise
Melbourne reported a significantly lower auction clearance rate over the past week following the RBA decision to increase interest rates last week.
- 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
- Also read:Latest Property Price Forecasts Revealed. Australian Property Market Outlook 2026: Where To Now After The Rate Rise.
Melbourne recorded a clearance rate of 69.6% over the past week which was significantly lower than the 75.0% recorded over the previous week but similar to the 70.8% reported over the same week last year.
656 homes were reported listed for auction over the past week which was higher than the 596 auctioned over the previous week and higher than the 640 reported over the same week last year.
Melbourne recorded a median price of $1,010,000 for houses sold at auction over the past week which was higher than the $872,500 reported over the previous week and 4.7% higher than the $965,000 reported over the same week last year.
Melbourne’s Inner South reported the top regional clearance rate over the past week, with 83.3%, followed by the Outer East at 74.6% and the Inner City and North each at 72.4%. The West recorded the lowest regional rate at 59.6% this week.
The clearance rate for houses was 69.7%, with units lower again this week at 66.2%.
Source: My Housing Market
Melbourne’s top reported auction sale over the week was a 6-bedroom house at 12 Halifax St Mont Albert North that sold for $3,900,000. View top selling home here 12 Halifax St Mont Albert North
The most affordable home reported sold at auction in Melbourne over the week was a 1-bedroom unit at 3/17 Glenview Av Malvern that sold for $422,500.
Source: My Housing Market
Brisbane auction results
Source: My Housing Market
Canberra auction results
Source: My Housing Market
Adelaide auction results
Source: My Housing Market
