Sydney's auction clearance rate drops below 50%, eastern suburbs hit 55.3%
Sydney's auction clearance rate fell below 50 percent in October, but the eastern suburbs recorded a 55.3 percent rate. Domain chief economist Dr. Nicola Powell noted that buyers are adjusting to rising interest rates and new transparency reforms. The number of auction withdrawals in Sydney reached a record high of 28.5 percent, signaling a shift to a buyer’s market.
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Published 13 Nov 2026, 18:00 UTC · Updated 13 Nov 2026, 18:20 UTC
Summary by OZbrief Editorial. Original report: SMH. Editorial policy · Corrections
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