Key takeaways
Capital city auction clearance rates fell sharply over the past week reflecting market sentiment regarding the third consecutive increase in RBA official interest rates.
The national weekend auction market reported an average clearance rate of just 52.5% over the past week which was lower than the 57.3% reported over the previous week and well below the 63.8% reported over the same week last year.
Auction numbers were also generally lower over the past week with the rising prospect of falling market activity reflecting the anticipated impacts of next weeks Federal Budget.
Capital city auction clearance rates fell sharply over the past week reflecting market sentiment regarding the third consecutive increase in RBA official interest rates.
Weekly Auction Results to Saturday, May 9th 2026
| Capital City | This Week | Last Week | Same Week Last Year | |||
|---|---|---|---|---|---|---|
| Auctions | Rate | Auctions | Rate | Auctions | Rate | |
| Sydney | 1030 | 63.1% | 1069 | 66.3% | 671 | 72.2% |
| Melbourne | 1051 | 58.7% | 1250 | 61.4% | 819 | 74.6% |
| Brisbane | 160 | 31.9% | 212 | 35.9% | 93 | 48.6% |
| Adelaide | 133 | 54.3% | 190 | 63.1% | 132 | 67.0% |
| Canberra | 127 | 54.5% | 117 | 59.7% | 75 | 56.7% |
Source: My Housing Market
The national weekend auction market reported an average clearance rate of just 52.5% over the past week which was lower than the 57.3% reported over the previous week and well below the 63.8% reported over the same week last year.
Auction numbers were also generally lower over the past week with the rising prospect of falling market activity reflecting the anticipated impacts of next weeks Federal Budget.
Sydney auction results
Note: Sydney auction clearance rate falls.
Sydney’s auction clearance rate was lower over the past week despite a surprising decline in listings.
Sydney recorded a clearance rate of 63.1% over the past week which lower than the 66.3% recorded over the previous week and again well below the 72.2% reported over the same week last year.
Auction numbers were lower with 1030 homes reported listed versus the 1069 auctioned over the previous week but again well above the 671 reported over the same week last year.
Sydney recorded a median price of $1,881,000 for houses sold at auction over the past week which was higher than the $1,720,000 recorded over the previous week and 10.6% higher than the $1,700,000 reported over the same week last year.
The Inner West recorded the highest regional clearance rate over the past week at 72.8% followed by the Lower North at 69.0% and the West at 64.1%. The Central Coast again reported the lowest clearance rate at just 27.3%.
The clearance rate for houses was 58.7% with units higher yet again this week at 73.0%.
Sydney regions weekly auction results - May 9th 2026
| Region | Results | Clearance Rate | Median |
|---|---|---|---|
| Canterbury Bankstown | 38 | 57.9% | $1,547,500 |
| Central Coast | 11 | 27.3% | $1,421,000 |
| City and East | 122 | 62.3% | $1,382,500 |
| Inner West | 81 | 72.8% | $1,960,000 |
| Lower North | 42 | 69.0% | $1,423,500 |
| North West | 30 | 46.7% | $1,900,000 |
| Northern Beaches | 31 | 48.4% | $2,381,000 |
| South | 52 | 53.8% | $1,780,000 |
| South West | 23 | 30.4% | $1,260,000 |
| Upper North Shore | 65 | 58.5% | $1,750,000 |
| West | 39 | 64.1% | $1,427,000 |
| Houses | 352 | 58.7% | $1,881,000 |
| Units | 170 | 73.0% | $1,170,000 |
| Total | 522 | 63.1% | $1,610,000 |
Source: My Housing Market
Top Sydney weekly sales - May 9th 2026
The top Sydney home reported sold over the past week was a 5-bedroom house at 16 Northumberland St Clovelly that sold for $6,770,000.
The most affordable home reported sold at auction in Sydney over the past week was a 1-bedroom unit at 8/1 Flack Av Hillsdale that sold for $600,000.
| Address | Price | Agent |
|---|---|---|
| 16 Northumberland St Clovelly | $6,770,000 | PPD Real Estate |
| 8 Hamilton St Riverview | $6,000,000 | McGrath Lane Cove |
| 22 Victoria St Strathfield | $5,240,000 | McGrath Strathfield |
| 17 Mullens St Balmain | $4,755,000 | BresicWhitney Balmain |
| 35 Pine Av Five Dock | $4,600,000 | Belle Property Strathfield |
| 2C Wentworth Rd Eastwood | $4,600,000 | Ray White Epping SYD |
| 5 Allen St Glebe | $4,355,000 | BresicWhitney Inner West |
| 43 Gipps St Birchgrove | $4,170,000 | CobdenHayson Balmain |
| 311 Nelson St Annandale | $4,100,000 | BresicWhitney Inner West |
| 10 National St Rozelle | $3,850,000 | BresicWhitney Balmain |
Source: My Housing Market
Melbourne auction results
Note: Melbourne clearance rate down again.
Melbourne again reported a lower auction clearance rate over the past week as the Reserve Bank decided to raise official interest rates for the third time this year.
Melbourne recorded a clearance rate of 58.7% over the past week which was lower than the 61.4% recorded over the previous week and again well below the 74.6% reported over the same week last year.
1051 homes were reported listed for auction over the past week which was lower than the 1250 auctioned over the previous week but again well above the 819 reported over the same week last year.
Melbourne recorded a median price of $1,005,000 for houses sold at auction over the past week which was higher than the $950,000 reported over the previous week and 4.4% higher than the $962,500 reported over the same week last year.
Melbourne’s West reported the top regional clearance rate over the past week with 63.1% followed by the Inner East at 62.4% and the North East at 57.8%. The South East recorded the lowest regional rate this week at 48.8%.
The clearance rate for houses was 57.2% with units higher again this week at 60.7%.
Melbourne regions weekly auction results - May 9th 2026
| Region | Results | Clearance Rate | Median |
|---|---|---|---|
| Inner East | 101 | 62.4% | $1,255,500 |
| Inner South | 111 | 53.2% | $1,027,500 |
| Inner Urban | 55 | 56.4% | $942,000 |
| North East | 83 | 57.8% | $852,500 |
| Northern | 86 | 57.0% | $833,750 |
| Outer East | 78 | 57.7% | $1,179,000 |
| South East | 41 | 48.8% | $772,500 |
| West | 111 | 63.1% | $883,000 |
| Houses | 549 | 57.2% | $1,005,000 |
| Units | 117 | 60.7% | $701,000 |
| Total | 666 | 58.7% | $916,250 |
Source: My Housing Market
Top Melbourne weekly sales - May 9th 2026
Melbourne’s top reported auction sale over the week was a 4-bedroom house at 32 Anderson St Malvern East that sold for $3,710,000.
The most affordable home reported sold at auction in Melbourne over the week was a 1-bedroom unit at 20/14 Mcmillan St Elsternwick that sold for $357,500.
| Address | Price | Agent |
|---|---|---|
| 32 Anderson St Malvern East | $3,710,000 | Marshall White Stonnington |
| 11A Mary St Balwyn North | $2,625,000 | Fletchers Balwyn North |
| 13 Larnaca Ct Templestowe | $2,570,000 | Jellis Craig Doncaster |
| 227a Danks St Albert Park | $2,501,000 | Marshall White |
| 44 Raynes Park Rd Hampton | $2,418,000 | Hodges Real Estate |
| 86 Yarra Valley Blvd Bulleen | $2,300,000 | Fletchers Manningham |
| 27 Owen St Mitcham | $2,270,000 | Jellis Craig Whitehorse |
| 6 Keith St Parkdale | $2,260,000 | Buxton Real Estate Mentone |
| 21 Weber St Brighton East | $2,255,000 | Marshall White Bayside |
| 42 Gloucester Rd Ashburton | $2,150,000 | Marshall White Stonnington |
Source: My Housing Market
TOP REPORTED WEEKLY AUCTION SALES BRISBANE, ADELAIDE AND CANBERRA
Brisbane auction results
Top Brisbane weekly sales - May 9th 2026
| Address | Price | Agent |
|---|---|---|
| 29 Vardon St Wilston | $2,450,000 | Place Newmarket |
| 216 Long St E Graceville | $2,010,000 | Place Indooroopilly |
| 6 Bernecker St Carina | $1,841,000 | Ray White Bulimba |
| 33 Katunga St Kenmore | $1,820,000 | Penrose Real Estate |
| 19 Akuna St Kenmore | $1,715,000 | Ray White Toowong |
| 4 Marstaeller Rd Mount Crosby | $1,700,000 | Place Estate Agents Nundah |
| 8 Taupo Pl Parkinson | $1,595,000 | Place |
| 70 Badminton St Mount Gravatt East | $1,368,000 | Ray White Mount Gravatt |
| 6 Mullins St Coopers Plains | $1,263,500 | Ray White Rochedale |
| 3/93 Beatrice St Taringa | $1,250,000 | Ray White |
Source: My Housing Market
Canberra auction results
Top Canberra weekly sales - May 9th 2026
| Address | Price | Agent |
|---|---|---|
| 18 Robe St Deakin | $2,220,000 | Blackshaw Manuka |
| 52 Munro St Curtin | $1,830,000 | Hayman Partners |
| 23 Shackleton Cct Mawson | $1,810,000 | Blackshaw Manuka |
| 81 Mt Vernon Dr Kambah | $1,590,000 | Independent Property Group |
| 13/9 Lady Nelson Pl Red Hill | $1,460,000 | Belle Property Canberra |
| 27 Lempriere Cr Kambah | $1,430,000 | My Morris |
| 32 Robson St Garran | $1,425,000 | Hayman Partners |
| 7 Tingwell St Whitlam | $1,390,000 | Ray White Canberra |
| 4 Darmody St Weetangera | $1,360,000 | Timothy Road |
| 6 Retz Cr Forde | $1,300,000 | Hive Property |
Source: My Housing Market
Adelaide auction results
Top Adelaide weekly sales - May 9th 2026
| Address | Price | Agent |
|---|---|---|
| 7 Waldron St Henley Beach South | $2,500,000 | Ray White Henley Beach |
| 39 Second Av Sefton Park | $1,885,000 | OC |
| 16 Camelia St Tea Tree Gully | $1,485,000 | DOMAN & CO |
| 430 Paracombe Rd Paracombe | $1,400,000 | DOMAN & CO |
| 15 Speed Av North Plympton | $1,390,000 | Ray White |
| 53 Patricia Av Camden Park | $1,360,000 | NOAKES NICKOLAS |
| 20 Ellen St Nailsworth | $1,298,000 | Crawford Doran |
| 45 Tarragon St Mile End | $1,280,000 | LJ Hooker Mile End |
| 6 Radiata Rd Highbury | $1,280,000 | Ray White Norwood |
| 4 Crafter St Fairview Park | $1,250,000 | OC |
Source: My Housing Market
- Also read:National Vacancy Rate Rises to 1.2%| SQM Research
- Also read:Interest Rates Rise Again and Auction Markets Pull Back – What It Really Means for Property | Property Insiders
- Also read:This week’s Australian Property Market Update – Latest Data, State by State May 12th 2026
- Also read:Latest Property Price Forecasts Revealed. Australian Property Market Outlook 2026: Where To Now After The Rate Rise.
- Also read:Everything you need to know about the state of Australia’s property markets in 20 charts – May 2026
