Buy

Over the weekend ending 8 March 2026, auction activity across Australia held fairly steady, even though some capitals saw fewer listings due to the late summer holiday period. Buyers were still in the market, but many appeared more selective, especially when it came to pricing.

As March progresses, auction activity across Australia’s capital cities has delivered a mixed but insightful picture, reflecting broader Australian Housing Market Trends 2026. Preliminary figures from realestate.com.au for the week of 23 February to 1 March show markets remain active, with buyers engaged, though clearance rates differ noticeably between states.

Although several varieties have been established, especially between the different states and properties, Australia is expected to have a very promising and consistent buyer activity throughout 2026.

Australia’s property market entered mid February with rising auction volumes and steady clearance rates, indicating a resilient yet price sensitive buyer environment

February is the start of a full active selling season and an auction market with strong growth and
competition, following the winter lull. According to preliminary data from realestate.com.au,
private discussions are still going strong. Clearance rates appear to be stable among major
capitals, despite the fact that quantities vary from city to city.

After the seasonal slowdown, there’s a definite chance of things turning around now that it’s February. The market finally seems to be back on track to achieve great clearance rates across major capitals.

Buyers and sellers seem active, and many private treaty sales have been recorded this weekend. All this leads to show that a very successful sales season is ready to unfold over the next couple of months.

Australia’s January 2026 auction market update breaks down Victoria’s latest figures, buyer behaviour, and what these patterns mean for the months ahead.

The first auctions of 2026 began quietly in Melbourne and other cities in Australia. Buyers and sellers came back to the market after the recent auctions in late December. As mentioned in the last blog, there was a post-holiday slowdown every year.

The Melbourne auction market pushed through spring’s final stretch with the kind of stamina that has defined this campaign, absorbing a surge in listings and still clearing the bulk of quality stock.

Managing property in Kew requires more than just an agent — it demands a team that truly understands the suburb’s heritage character, premium schools, and discerning tenants. At Ham Kerr Property, we’ve been trusted property management specialists across Kew and the City of Boroondara for over 30 years. From meticulous tenant selection to proactive maintenance and transparent communication, our family-run team delivers peace of mind and premium results for every property we manage.

The Melbourne auction market pushed through spring’s final stretch with the kind of stamina that has defined this campaign, absorbing a surge in listings and still clearing the bulk of quality stock. Following last week’s Super Saturday result, where combined capitals achieved 72.3 per cent and Melbourne cleared 75.7 per cent, this week settled into a more sustainable rhythm. Melbourne recorded 1,345 scheduled auctions with 984 reported results and a clearance rate of 68 per cent. That is a step down from the frenzy of Super Saturday, but it is still a strong outcome given the Melbourne Cup lull, the snap-back in volumes that inevitably follows, and the persistent headwind of higher serviceability. The median sale price in Melbourne came in at $991,000, pointing to firm buyer depth in family-friendly corridors and renewed activity from investors targeting yield and depreciation benefits as the year winds down.

The auction market has once again shown its resilience, holding steady despite high interest rates and cautious buyer sentiment. Over the weekend of 12–14 September, clearance rates across Australia’s capital cities remained in the 70 to 75 per cent range, driven by renewed spring activity.