AUCTION INSIGHTS
Auction clearance rates across Australia have shown signs of stabilisation over the last quarter , with June recording a 70.4 per cent success rate , surpassing the figures from both 2022 and 2023 . This year has seen more vibrant auction activity , largely due to the imbalance between the supply of listings and purchasing demand . However , these results can fluctuate based on factors such as location , available inventory , and affordability . The future trajectory of interest rates is likely to influence auction outcomes , potentially leading to some moderation in clearance rates moving forward .