Australian home auction clearance rates plummet to six-year low
Clearance rates for Australian homes at auction fell to a six-year low, with only 47.4% selling in the week ending June 21. Sydney's clearance rate matched this figure, while Brisbane saw just 33.3% of homes find buyers. Analysts expect conditions to worsen as auction volumes decrease and mortgage holders face rising repayments.
Summary by OZbrief Editorial · The Guardian Australia · Source
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Published 22 Jun 2026, 03:18 UTC · Updated 22 Jun 2026, 03:40 UTC
Summary by OZbrief Editorial. Original report: The Guardian Australia. Editorial policy · Corrections
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