Australian Property News

Melbourne Auction Clearance Rates Decline

By Ravs Realtors · 28 September 2026 · 1 min read · Source: Property Update
Photo: Images_of_Money / flickr · CC BY 2.0

The preliminary auction clearance rate in Melbourne dropped to 48.8%, a significant decrease from the previous week, reflecting softer buyer demand and increased caution in the market.

Lower clearance rates in Melbourne suggest a shift in market power towards buyers in the western growth corridor, offering more negotiation room for those looking to purchase property.

Summarised by Ravs Realtors from reporting by Property Update.

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