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Sydney Auction Clearance Rate Slumps to Year's Low of 52.8% as Listings Surge
The October 10 weekly report shows Sydney's auction clearance rate at 52.8% for the past week — the lowest this year — while listings jumped to 807; the median auction sale price was A$1.75 million.
Why it matters
The weekly report published October 10, 2026 shows Sydney's auction clearance rate at 52.8% for the past week — the lowest so far this year, down from 60.0% the previous week and 76.4% at the same time last year. Listings rose to 807, well above last week's 521 (which was affected by the NRL grand final and other events), though still below last year's 1,189.
Full report
The median auction sale price was A$1.75 million, up from A$1.615 million last week but 6.8% below the A$1.878 million recorded at the same time last year. There were sharp regional differences: the Inner West led at 64.1%, followed by City and East (63.3%) and the Lower North (58.3%); the West was lowest at 28.6%. By property type: houses 48.2%, units 61.9%.
The week's top sale was a five-bedroom home at 2a Barry St, Clovelly, for A$6.825 million; the lowest was a two-bedroom unit in Schofields at A$530,000. The report expects clearance rates to stay soft in coming weeks; the Reserve Bank of Australia (RBA) meets on rates in November.
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