Major capital cities record worst housing auction clearance rates in years
Sydney and Melbourne reported their lowest property auction clearance rates in years, with Sydney at 47.3 percent and Melbourne at 50.2 percent. Brisbane recorded the worst clearance rate among capital cities at 39.3 percent. Analysts attribute the decline to budget changes impacting investor demand, predicting a further drop in clearance rates.
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Published 28 Jun 2026, 06:35 UTC · Updated 28 Jun 2026, 06:40 UTC
Summary by OZbrief Editorial. Original report: ABC News – Australia. Editorial policy · Corrections
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