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Analysis

Capital-city auction clearance slipped to 54 percent as listings rose

The Australian Financial Review, from Cotality figures released on Sunday, wrote that scheduled capital-city auctions rose to 1832 from 1585 in the week to Saturday while the preliminary combined clearance rate fell to 54 per cent from 58.5 per cent. The Sydney Morning Herald, using Domain's Saturday-evening Sydney reading, put the city's preliminary clearance at 48 percent from 481 results, with 177 withdrawals counted as unsold, down from 53 percent a week earlier.

Economics & Markets··Midday
A bright Australian suburban house stands behind a blank auction paddle sign on a sunny spring lawn.

More auctions, a thinner sold share

AFR wrote on 20 September 2026 that scheduled home auctions across the capital cities rose to 1832 from 1585 in the week to Saturday, while the preliminary combined capital-city clearance rate dipped to 54 per cent from 58.5 per cent a week earlier. The Herald's Sydney Domain reading for the same weekend was 48 percent from 481 results.[1], [2]

Buyers still bid on the better homes

AFR wrote that buyers competed for good-quality properties after a year of price declines even as the threat of higher interest rates grew and more homes came up for sale in the spring selling season. Cotality's lift in scheduled auctions was the volume story behind the lower sold share.[1]

Sydney's 48 percent, and an Enmore sale

Elizabeth Redman reported Domain's Saturday-evening preliminary Sydney clearance at 48 percent from 481 results, with 177 withdrawals counted as unsold. An Enmore house at 28 Juliett Street sold for 1,686,000 dollars after vendors adjusted their reserve. It was one of 796 Sydney auctions scheduled last week. The 48 percent reading is below the 60 percent balance threshold and just above the June low of 47 percent.[2]

References

  1. News sourceThe Australian Financial ReviewAustralia listed more home auctions as the sold share fell to 54 per cent↩1↩2
  2. News sourceThe Sydney Morning HeraldSydney's preliminary auction clearance rate fell to 48 percent↩1↩2