National Auction Clearance Rates Remain Subdued
By Ravs Realtors · 15 August 2026 · 1 min read · Source: Property Update
The national weekend auction market saw a clearance rate of 51.8% in the past week, a slight increase from the previous week's 50.3% but significantly lower than last year's 73.5%. Melbourne's clearance rate was 59.2%, with a median house price of $910,000 at auction.
In Melbourne's western growth corridor, these subdued auction results suggest a less frenzied market, potentially offering buyers more negotiation power. Sellers may need to adjust price expectations to align with current market sentiment and lower clearance rates.
Summarised by Ravs Realtors from reporting by Property Update.
