Table of contents
National Weekly Auction Report – May 30th 2026 | Auction Markets Still Sliding as Clearance Rates Tumble - featured image
Andrew Wilson
By Dr. Andrew Wilson
A A A

National Weekly Auction Report – May 30th 2026 | Auction Markets Still Sliding as Clearance Rates Tumble

key takeaways

Key takeaways

Capital city auction clearance rates were generally lower over the past week and continue to track at year-to-date lows.

Higher auction numbers are also challenging weakening buyer activity.

The national weekend auction market reported an average clearance rate of just 51.0% over the past week which was lower than the 52.2% reported over the previous week and again well below the 65.3% reported over the same week last year.

Housing market activity is now clearly reflecting the impact on confidence and affordability of three consecutive monthly rises in RBA interest rates with outcomes likely to continue to track lower – particularly home prices.

Capital city auction clearance rates were generally lower over the past week and continue to track at year-to-date lows. Higher auction numbers are also challenging weakening buyer activity.

Weekly Auction Results to Saturday, May 30th 2026

Capital City This Week Last Week Same Week Last Year
Auctions Rate Auctions Rate Auctions Rate
Sydney 1272 60.3% 1038 64.2% 1008 74.0%
Melbourne 1221 59.4% 1032 61.7% 1417 71.5%
Brisbane 189 25.8% 189 20.1% 144 48.0%
Adelaide 152 60.7% 154 65.4% 132 66.8%
Canberra 85 48.7% 144 49.7% 97 66.1%

Source: My Housing Market

The national weekend auction market reported an average clearance rate of just 51.0% over the past week which was lower than the 52.2% reported over the previous week and again well below the 65.3% reported over the same week last year.

National Auction Capitals Auction Clearance Rates

Housing market activity is now clearly reflecting the impact on confidence and affordability of three consecutive monthly rises in RBA interest rates with outcomes likely to continue to track lower – particularly home prices.

Sydney auction results

pencil icon

Note: Sydney auction clearance rates at another year low!

Sydney’s auction clearance rate fell sharply over the past week and is reported another year-to-date low - and another sharp increase in listings.

Sydney Weekly Auction Clearance Rates Trend

Sydney recorded a clearance rate of 60.3% over the past week which lower than the 64.2% recorded over the previous week and again well below the 74.0% reported over the same week last year.

Auction numbers were again significantly higher with 1272 homes reported listed versus the 1038 auctioned over the previous week and again well above the 1008 reported over the same week last year.

Sydney recorded a median price of $1,910,000 for houses sold at auction over the past week which was higher than the $1,810,000 recorded over the previous week and 3.5% higher than the $1,846,000 reported over the same week last year.

The Northern Beaches again recorded the highest regional clearance rate over the past week at 60.4% followed by the City and East at 59.3% and the South at 58.3%. The Central Coast again reported the lowest clearance rate at 12.5%.

The clearance rate for houses was 58.7.4% with units higher again this week at 64.8%.

Sydney regions weekly auction results - May 30th 2026

Region Results Clearance Rate Median
Canterbury Bankstown 27 51.9% $1,270,000
Central Coast 8 12.5% NA
City and East 140 59.3% $1,900,000
Inner West 120 56.7% $1,225,000
Lower North 68 52.9% $970,000
North West 26 50.0% $2,490,500
Northern Beaches 48 60.4% $1,742,500
South 72 58.3% $1,650,000
South West 21 28.6% $1,282,500
Upper North Shore 79 46.8% $1,772,335
West 47 57.4% $1,310,000
Houses 419 58.7% $1,810,000
Units 223 64.8% $970,000
Total 642 60.3% $1,380,000

Source: My Housing Market

Top Sydney weekly sales - May 30th 2026

The top Sydney home reported sold over the past week was a 4-bedroom house at 11 Edmund St Queens Park that sold for $9,600,000.

The most affordable home reported sold at auction in Sydney over the past week was a 2-bedroom unit at 2/17 Bruce St Blacktown that sold for $437,000.

Address Price Agent
11 Edmund St Queens Park $9,600,000 PPD Real Estate
24 Heathcliff Cr Balgowlah Heights $4,810,000 Stone Real Estate Dee Why
40 Brown St Newtown $4,500,000 Raine & Horne Newtown
22 Robinson St Croydon $4,480,000 Belle Property Strathfield
31 Surrey St Darlinghurst $4,300,000 Laing+Simmons East Group
2a Coneill Pl Forest Lodge $4,000,000 BresicWhitney Inner West
27 Cavell Av Rhodes $3,850,000 Strathfield Partners
216 Prince Charles Pde Kurnell $3,700,000 McGrath Cronulla
352 Annandale St Annandale $3,640,000 Ray White Annandale
3 Carter St Randwick $3,575,000 Belle Property Bondi Junction

Source: My Housing Market

Melbourne auction results

pencil icon

Note: Melbourne clearance rate down again - but listings higher!

Melbourne reported a lower auction clearance rate from another significant increase in listings over the past week.

Melbourne Weekly Auction Clearance Rates Trend

Melbourne recorded a clearance rate of 59.4% over the past week which was lower than the 61.7% recorded over the previous week and again well below the 71.5% reported over the same week last year.

1221 homes were reported listed for auction over the past week which was again well above the 1032 auctioned over the previous week but again lower the 1417 reported over the same week last year.

Melbourne recorded a median price of $1,098,000 for houses sold at auction over the past week which was higher than the $1,040,000 reported over the previous week and 8.2% higher than the $1,015,000 reported over the same week last year.

Melbourne’s south East reported the top regional clearance rate over the past week with 72.7% followed by the Outer East at 61.4% and the North at 60.8%. The Inner East recorded the lowest regional rate this week at 51.8%.

The clearance rate for houses was 58.8% with units higher again this week at 59.3%.

Melbourne regions weekly auction results - May 30th 2026

Region Results Clearance Rate Median
Inner East 114 51.8% $1,467,250
Inner South 122 53.3% $1,100,000
Inner Urban 97 59.8% $1,215,000
North East 110 58.2% $915,000
Northern 74 60.8% $1,033,000
Outer East 70 61.4% $1,085,000
South East 44 72.7% $873,000
West 159 62.3% $908,000
Houses 677 58.8% $1,098,000
Units 113 59.3% $736,250
Total 790 59.4% $1,005,000

Source: My Housing Market

Top Melbourne weekly sales - May 30th 2026

Melbourne’s top reported auction sale over the week was a 4-bedroom house at 27 Kalimna St Essendon that sold for $3,800,000.

The most affordable home reported sold at auction in Melbourne over the week was a 1-bedroom unit at 203/67-71 Stead St South Melbourne that sold for $415,000.

Address Price Agent
27 Kalimna St Essendon $3,800,000 McDonald Upton
5 Noble Av Strathmore $3,250,000 McDonald Upton
68 Littlewood St Hampton $3,200,000 Belle Property Sandringham
6 Rupicola Ct Hillside $3,050,000 Marshall White
58 Derby St Northcote $2,750,000 Jellis Craig Northcote
8 Eumeralla Av Templestowe Lower $2,600,000 Barry Plant Manningham
14 Monash Av Balwyn $2,580,000 Fletchers Balwyn
54 Robb St Essendon $2,510,000 Nelson Alexander Essendon
36 Roberts St Essendon $2,430,000 Nelson Alexander Essendon
107 Clyde St Thornbury $2,400,000 Jellis Craig Northcote

Source: My Housing Market

Brisbane auction results

Top Brisbane weekly sales - May 30th 2026

Address Price Agent
999 Brunswick St New Farm $5,515,000 Ray White Collective Luxury
62 Marriott St Coorparoo $5,023,000 Place Woolloongabba
78-80 Lumley St Upper Mount Gravatt $2,161,000 Ray White Mount Gravatt
73 Tirrabella St Carina Heights $1,900,000 Torres Property
3 Breadalbane St Carindale $1,780,000 Ray White Mount Gravatt
4 Escaut Cl Sunnybank Hills $1,728,000 RAY WHITE HOLLAND PARK
20003/37D Harbour Rd Hamilton $1,700,000 Place
315/1 Gray St New Farm $1,515,000 Ray White Ascot
17 Ivo St Nundah $1,410,000 Ray White Nundah
10 Westland St Macgregor $1,303,000 Ray White

Source: My Housing Market

Canberra auction results

Top Canberra weekly sales - May 30th 2026

Address Price Agent
5 Alura Pl Waramanga $2,001,000 Luton Properties
39B Legge St Downer $1,305,000 home.byholly
60 Morgan Cr Curtin $1,276,000 Francis Properties
160 Kent St Hughes $1,260,000 Civium Property Group
4 Collier St Curtin $1,245,000 home.byholly
19 Moruya Cct Kaleen $1,147,000 home.byholly
11 Cataract St Kaleen $1,070,000 Ray White Canberra
1 Turriff St Chisholm $1,070,000 Ray White Canberra
1/11 Pollock St Chifley $1,040,000 Ray White Canberra
39 Grainger Cct Melba $880,000 home.byholly

Source: My Housing Market

Adelaide auction results

Top Adelaide weekly sales - May 30th 2026

Address Price Agent
186 Salisbury Hwy Salisbury $3,710,000 Ray White Norwood
50 Barker Rd Prospect $1,915,000 Crawford Doran
30 Glenford Av Myrtle Bank $1,850,000 OC
20a Florence St Fullarton $1,505,000 Harris Real Estate - Daw Park
6 Ravensthorpe Av Millswood $1,500,000 Ray White
50 Railway Tce Edwardstown $1,465,000 First National Lewis Prior
95 Elwood Rd Macdonald Park $1,400,000 Barossa Property Sales
5 Osman Av Seacombe Heights $1,368,000 Ray White Glenelg
20 Ella St Parkside $1,365,000 TOOP+TOOP Real Estate
15b Coorara Av Payneham South $1,330,000 Harris Real Estate - Kent Town

Source: My Housing Market

Andrew Wilson
About Dr. Andrew Wilson Dr Andrew Wilson, Chief Economist of www.MyHousingMarket.com.au is widely regarded as Australia’s leading property economist.
42 comments

"National Weekly Auction Report – May 16th 2026 | Auction Numbers Fall and Clearance Rates Steady but Low Following Budget" Again I say that these clearance rates are being manipulated by the agenst so that they are way overstated. I subscribe to a ...Read full version

0 replies

National Weekly Auction Report – May 2nd 2026 | Clearance Rates Fall" Its obvious these clearance rates are being manipulated by the agents. Here are the REAL results from the leading “Sydney Eastern Suburbs” property market. Auction results from ...Read full version

0 replies

It would seem buyers of a certain profile are clustering around Rochedale, Queensland.

0 replies
39 more comments...
Copyright © 2026 Michael Yardney’s Property Investment Update Important Information
Content Marketing by GridConcepts