Quick Take

Auction volumes are significantly higher this week with 2760 scheduled auctions across Sydney, Melbourne, Brisbane, Adelaide and Canberra.

As expected, auction volumes are significantly lower this weekend as VIC, NSW and SA head into the long weekend. In Melbourne, we will likely see more homes go under the hammer onsite based on yesterday's Victorian government announcement of further easing of COVID-19 real-estate restrictions.

Houses continue to be the driving force behind the clearance rate surge, outperforming units across every capital city. 

This Saturday is set for the second busiest auction weekend of the year but extended lockdowns could impact Melbourne.

Melbourne was set for the second busiest Saturday of the year for the city, however a large proportion of homes set for auction are likely to be postponed, withdrawn or quickly shifted to online.

There are 2288 scheduled auctions across Sydney, Melbourne, Brisbane, Adelaide and Canberra this Saturday.

There are 2356 scheduled auctions across Sydney, Melbourne, Brisbane, Adelaide and Canberra this Saturday.

Vacancy rates across the capitals largely declined in October, except in Hobart and Melbourne. Melbourne’s vacancy rate continues to accelerate to record highs.

Allhomes is passionate about supporting and participating in our community by assisting local organisations and we are proud to announce our summer sponsorship of the Canberra Cavalry.

Vacant rental listings continue to rise in Melbourne, while all other capitals maintain their downward trend from the April peak.