Secret takeaways Capital city auction clearance rates were once again normally lower over the previous week with purchasers and sellers distracted by long weekend vacations in the majority of capitals. The national weekend auction market reported an average clearance rate of 64.3% over the past week which was lower than the 65.7% reported over the previous week but again higher than the 63.0% reported over the exact same week in 2015.
Lower auction listings over the past week have actually integrated with holiday-distracted purchasers particularly in Melbourne nevertheless auction numbers will increase over coming weeks to expose a more robust insight into auction market activity.
Capital city auction clearance rates were once again generally lower over the previous week with purchasers and sellers sidetracked by long weekend vacations in many capitals.
| Capital City | This Week | Recently | Very Same Week Last Year | |||
|---|---|---|---|---|---|---|
| Auctions | Rate | Auctions | Rate | Auctions | Rate | |
| Sydney | 1278 | 70.6% | 1489 | 70.3% | 870 | 73.7% |
| Melbourne | 596 | 62.1% | 1634 | 68.3% | 495 | 67.7% |
| Brisbane | 114 | 52.9% | 170 | 52.8% | 144 | 43.2% |
| Adelaide | 130 | 75.9% | 156 | 74.4% | 122 | 66.4% |
| Canberra | 75 | 60.0% | 141 | 62.7% | 81 | 64.0% |
Source: My Real Estate Market
The nationwide weekend auction market reported a typical clearance rate of 64.3% over the previous week which was lower than the 65.7% reported over the previous week however again higher than the 63.0% reported over the same week last year.
Lower auction listings over the previous week have integrated with holiday-distracted buyers especially in Melbourne nevertheless auction numbers will increase over coming weeks to reveal a more robust insight into auction market activity.
Sydney auction results
Note: Sydney auction clearance rate down again. Sydney’s auction clearance rate was again lower over the past week as listings
alleviated, but results continue to marginally favour sellers normally.< img src="https://cdn.propertyupdate.com.au/wp-content/uploads/2026/02/image5-2-800x474.png"alt ="Sydney weekly auction clearance rate and pattern -March 7th 2026" width ="800"height= "474"/ > Sydney recorded a clearance rate of 70.6% over the previous week which was similar to
the 70.3%tape-recorded over the previous week however again lower than the 73.7% reported over the very same week last year. Auction numbers declined visibly over the past week with 1278 homes reported listed versus the 1489 auctioned over the previous week but greater than the 870 reported over
the same week last year. Sydney recorded a typical price of $1,937,500 for homes cost auction over the previous week which was again lower than the $1,940,000 taped over the previous week but 3.5% higher than the $1,872,500 reported over the exact same week last year.
The City and East recorded the highest regional clearance rate over the previous week at 79.2% followed by the Northern Beaches at 75.5% and the Lower North at 68.8%. The Central Coast again reported the most affordable clearance rate at 50.0%.
The clearance rate for houses was 68.6% with systems higher again today at 76.9%.
Sydney regions weekly auction results – March 7th 2026
| Area | Outcomes | Clearance Rate | Mean |
|---|---|---|---|
| Canterbury Bankstown | 30 | 66.7% | $1,887,500 |
| Central Coast | 10 | 50.0% | $855,000 |
| City and East | 130 | 79.2% | $1,701,000 |
| Inner West | 95 | 68.4% | $1,637,000 |
| Lower North | 64 | 68.8% | $1,475,500 |
| North West | 28 | 60.7% | $2,195,000 |
| Northern Beaches | 49 | 75.5% | $2,431,000 |
| South | 65 | 64.6% | $1,530,000 |
| South West | 22 | 59.1% | $1,242,500 |
| Upper North Shore | 77 | 66.2% | $1,720,000 |
| West | 57 | 56.1% | $1,390,000 |
| Homes | 425 | 68.6% | $1,937,500 |
| Systems | 189 | 76.9% | $1,100,000 |
| Overall | 614 | 70.6% | $1,628,500 |
Source: My Real Estate Market
Top Sydney weekly sales – March 7th 2026
The top Sydney home reported sold over the past week was a 4-bedroom home at 84 Queens Park Rd Queens Park that cost $14,500,000.
The most economical home reported cost auction in Sydney over the past week was a 1-bedroom system at 13/80 Cook Rd Centennial Park that cost $482,500.
Source: My Real Estate Market
Melbourne auction results
Note: Melbourne auction market lower vacation weekend.
Melbourne reported a lower auction clearance rate over the past week reflecting the normal sharp decline of listings and buyer distractions over the Labour Day vacation holiday.
Melbourne taped a clearance rate of 62.1% over the past week which was well below the 68.3% taped over the previous week and likewise lower the 67.7% reported over the same week in 2015.
596 homes were reported noted for auction over the previous week which was naturally considerably lower than the 1634 auctioned over the previous week but greater than
the 495 reported over the same week last year. Melbourne tape-recorded a mean cost of$ 951,000 for houses sold at auction over the previous week which was lower than the $1,195,000 reported over the previous week however 3.4%higher than the $920,000 reported over the very same week last year.
Melbourne’s Central city reported the leading local clearance rate over the previous week with 74.1% followed by the Inner South at 70.2% and the South East at 66.7%. The Inner East tape-recorded the lowest local rate this week at 55.6%.
The clearance rate for homes was 57.9% with systems higher once again today at 78.9%.
Melbourne regions weekly auction results – March 7th 2026
| Area | Results | Clearance Rate | Mean |
|---|---|---|---|
| Inner East | 54 | 55.6% | $1,470,000 |
| Inner South | 47 | 70.2% | $1,215,500 |
| Inner Urban | 27 | 74.1% | $790,500 |
| North East | 55 | 58.2% | $800,000 |
| Northern | 64 | 57.8% | $800,000 |
| Outer East | 59 | 55.9% | $1,295,000 |
| South East | 30 | 66.7% | $811,000 |
| West | 58 | 60.3% | $834,500 |
| Houses | 337 | 57.9% | $951,000 |
| Units | 57 | 78.9% | $671,000 |
| Overall | 394 | 62.1% | $922,000 |
Source: My Real Estate Market
Leading Melbourne weekly sales – March 7th 2026
Melbourne’s top reported auction sale over the week was a 4-bedroom home at 20 Myrnong Cr Toorak that sold for $4,750,000.
The most budget friendly home reported cost auction in Melbourne over the week was a 2-bedroom unit at 3/33-35 Bayswater Rd Croydon that cost $510,000.
Source: My Real Estate Market
Brisbane auction results
Leading Brisbane weekly sales – March 7th 2026
Source: My Housing Market
Canberra auction results
Top Canberra weekly sales – March 7th 2026
Source: My Real Estate Market
Adelaide auction results
Leading Adelaide weekly sales – March 7th 2026
Source: My Real Estate Market
< img alt="Andrew Wilson" src="https://propertyupdate.com.au/wp-content/uploads/2018/02/cropped-Ahmad-Imam-square-wide-lo-rez-400.jpgDR-ANDREW-WILSON-148x148.jpg" height="148" width="148"/ >