Auctions Where The Action Is

Auctions are continuing to emerge as the selling method of choice, with new data showing the number of properties going under the hammer has soared in the past 15 years.
The number of properties going to auction has increased from 26% of listings in 2009 in Sydney to 48% in 2025.

Melbourne is up from 36% to 56% over the same period, Adelaide is up from 11% to 33%, Canberra from 30% to 49% and Brisbane from 10% to 17%. CoreLogic economist Kaytlin Ezzy says the move to auctions has picked up pace in the past couple of years while it has been a sellers’ market.
“We have seen very low listing levels across the board, which means you are seeing buyers competing for properties, as opposed to when conditions skewed in favour of the buyers, where sellers are competing for the buyers,” she says.

“The use of auctions, as maximising the returns on the property, has become more popular.”
The last week of March was the busiest week of auctions since October 2024, with 2905 auctions held, according to CoreLogic data.

Adelaide had the highest clearance rate of 75.6%, followed by Melbourne, 67.2%, Sydney, 65.5% and Brisbane, 59.5%.

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