Research

For the first time in months, Sydney and Canberra will enter this Saturday with the ability to conduct in-person auctions.

Last Saturday, all cities returned a clearance rate above 80 per cent. A milestone in itself, this is the first time it has occurred in 2021.

Sydney’s median auction house price has cracked the illustrious barrier of $2 million for the first time.

Shining a light on property trends across the Sunshine State

National vacancy rates hold steady for five consecutive months, the longest period of stability since records began in 2017.

Sellers are reacting positivity to roadmaps out of lockdown and the resumption of private inspections in Melbourne and Canberra.

Auction volumes drop in all cities this coming Saturday, apart from Canberra and Sydney.

Auction volumes lift with 1162 scheduled auctions across Sydney, Melbourne, Brisbane, Adelaide and Canberra this Saturday. Increasing across all cities, as confidence builds on the back of higher vaccination rates.

There are 1,016 scheduled auctions across Sydney, Melbourne, Brisbane, Adelaide and Canberra this Saturday, down 16 per cent over the week. Sydney is the only city that has seen growth in auctions this Saturday.

Hesitant Melbourne sellers withdraw from auction, vastly higher than the other lockdown cities Sydney and Canberra, suggesting the ban on private inspections in Melbourne is pausing selling decisions.