Quarterly auction clearance rate increases over the December quarter despite significantly higher auction volumes across the combined capital cities.
Over the 3 months to December 2019, the clearance rate across the combined capital cities came in at 70.3 per cent across 26,923 auctions.
Over the previous quarter, auction volumes were significantly lower with 16,730 homes taken to auction across the combined capitals, returning a clearance rate of 69.9 per cent.
In comparison, the December 2018 quarter saw 25,894 homes taken to auction, although the clearance rate was much lower at 43.6 per cent.
With the exception of Melbourne and Tasmania, clearance rates across the capital cities outperformed both the previous quarter and the December 2018 quarter.
Melbourne saw the clearance rate improve year-on-year however over the 3 months to December 2019 the clearance rate for the city came in at 72.8 per cent, slightly lower than the previous quarter (73.5 per cent).
Looking at the non-capital city markets, clearance rates have increased across 3 of the 5 regions over the December quarter.
The Geelong region returned the highest clearance rate over the quarter (62.8 per cent), while the Gold Coast was the busiest region with 634 homes taken to auction.
Auction Market Review Highlights
Quarterly summary, capital cities
Weekly clearance rate and volume of auctions, combined capital cities
Quarterly summary, regional
Canberra
Suburb
Clearance rate (Dec Qtr 19)
Total auctions (Dec Qtr 19)
Prospect
53.8%
28
Adelaide
Suburb
Clearance rate (Dec Qtr 19)
Total auctions (Dec Qtr 19)
Kambah
72.4%
35
Sydney
Suburb
Clearance rate
Total auctions
Suburb
Clearance rate
Total auctions
(Dec Qtr 19)
(Dec Qtr 19)
(Dec Qtr 19)
(Dec Qtr 19)
Alexandria
91.9%
42
Concord
84.8%
47
Annandale
78.6%
51
Condell Park
60.0%
26
Arncliffe
66.7%
24
Coogee
80.3%
78
Artarmon
87.0%
28
Cremorne
88.7%
72
Ashfield
82.5%
59
Cronulla
69.2%
45
Auburn
63.6%
34
Croydon
76.2%
24
Avalon Beach
81.6%
50
Croydon Park
79.4%
38
Balgowlah
88.0%
27
Darling Po int
72.7%
27
Balmain
82.4%
41
Darlinghurst
62.8%
56
Bankstown
62.5%
30
Dee Why
84.8%
75
Baulkham Hills
85.5%
90
Double Bay
75.0%
30
Beecroft
60.7%
37
Drummoyne
83.3%
50
Bellevue Hill
69.8%
68
Dulwich Hill
86.7%
31
Belmore
75.0%
31
Earlwood
76.6%
52
Bexley
73.2%
64
Eastwood
70.2%
56
Blacktown
78.0%
67
Edgecliff
80.0%
21
Bondi
73.3%
35
Elizabeth Bay
68.8%
38
Bondi Beach
75.6%
54
Epping
85.7%
70
Bondi Junction
82.1%
36
Erskineville
84.6%
29
Botany
78.3%
30
Fairfield West
71.4%
21
B righto n-Le-Sands
78.3%
29
Fairlight
76.9%
29
Bronte
77.4%
34
Forestville
75.0%
23
Burwood
76.2%
25
Frenchs Forest
78.1%
37
Cammeray
78.6%
37
Freshwater
77.5%
44
Camperdown
100.0%
29
Gladesville
92.9%
35
Caringbah
69.6%
32
Glebe
86.2%
32
Caringbah South
72.7%
40
Gordon
77.3%
27
Carlingford
70.9%
58
Greenacre
78.0%
45
Castle Hill
76.7%
99
Hornsby
81.8%
23
Hunters Hill
73.7%
51
Panania
100.0%
23
Hurstville
85.2%
34
Parramatta
62.5%
39
Kellyville
68.6%
85
Pennant Hills
80.0%
25
Killara
62.1%
37
Petersham
90.9%
24
Kingsfo rd
100.0%
35
Potts Po int
81.6%
59
Kingsgro ve
67.9%
31
Punchbowl
63.9%
40
Kirrawee
80.0%
29
Pymble
86.1%
41
Lane Cove
87.0%
53
Pyrmont
73.0%
43
Lane Cove North
83.3%
48
Randwick
88.0%
123
Leichhardt
91.7%
53
Redfern
83.8%
45
Lindfield
68.2%
29
Revesby
88.0%
27
Manly
73.7%
92
Rockdale
77.3%
25
Maroubra
74.6%
68
Rose Bay
75.6%
49
Marrickville
84.5%
76
Roselands
68.2%
25
Marsfield
85.7%
40
Roseville
77.4%
39
Mascot
52.4%
26
Rozelle
82.1%
32
Matraville
70.0%
27
Ryde
78.9%
71
Merrylands
63.3%
34
Sans Souci
46.7%
34
Miranda
67.9%
33
Seaforth
75.0%
23
Mona Vale
77.8%
45
St Ives
74.7%
94
Moorebank
61.9%
22
Stanmore
95.7%
25
Mortdale
82.6%
25
Strathfield
84.5%
71
Mosman
74.2%
141
Surry Hills
83.3%
75
Naremburn
76.9%
31
Sydney
76.2%
27
Neutral Bay
94.6%
44
Sylvania
51.9%
36
Newport
56.1%
49
Turramurra
72.4%
35
Newtown
95.6%
49
Vaucluse
66.7%
49
North Bondi
71.0%
37
Wahroonga
90.2%
62
North Rocks
80.0%
26
Waterloo
81.0%
23
North Ryde
92.0%
29
Wentworth Po int
56.5%
24
North Sydney
76.7%
40
Wentworthville
83.3%
29
Oatley
71.4%
38
West Ryde
86.4%
30
Paddington
90.6%
75
Westmead
76.2%
24
Padstow
90.0%
34
Willoughby
75.0%
27
Chatswood
79.6%
67
Cherrybrook
66.7%
29
Chester Hill
63.3%
30
Clovelly
81.8%
25
Wollstonecraft
93.5%
35
Woollahra
78.4%
47
Yago o na
83.8%
42
Brisbane
Suburb
Clearance rate
Total auctions
Suburb
Clearance rate
Total auctions
(Dec Qtr 19)
(Dec Qtr 19)
(Dec Qtr 19)
(Dec Qtr 19)
Bulimba
62.5%
28
Norman Park
42.9%
21
Camp Hill
56.0%
29
Paddington
66.7%
29
Sunnybank Hills
46.9%
35
West End
42.9%
24
Melbourne
Suburb
Clearance rate
Total auctions
Suburb
Clearance rate
Total auctions
(Dec Qtr 19)
(Dec Qtr 19)
(Dec Qtr 19)
(Dec Qtr 19)
Box Hill North
86.7%
66
Brunswick West
57.7%
61
Abbotsford
82.4%
39
Bulleen
66.1%
61
Airpo rt West
76.5%
38
Bundoora
76.7%
97
Albert P ark
67.9%
31
Burwood
77.6%
77
Altona
75.6%
61
Burwood East
88.9%
32
Altona North
50.0%
54
Camberwell
64.4%
107
Armadale
60.5%
52
Canterbury
67.6%
38
Ascot Vale
85.1%
59
Carlton North
87.5%
26
Ashburton
71.9%
37
Carnegie
81.2%
93
Ashwood
79.2%
30
Caroline Springs
59.3%
36
Aspendale
76.9%
30
Caulfield
83.3%
28
Box Hill South
73.3%
48
Braybrook
44.8%
32
Brighton
72.0%
141
Brighton East
70.4%
85
Broadmeadows
60.0%
38
Brunswick
75.6%
45
Brunswick East
67.6%
44
Vermont South
82.8%
30
Caulfield South
83.3%
46
Frankston South
58.1%
33
Chadstone
69.6%
64
Gladstone Park
91.2%
34
Chelsea
70.0%
23
Glen Huntly
61.9%
25
Cheltenham
79.8%
99
Glen Iris
79.1%
103
Clayto n
80.4%
53
Glen Waverley
73.7%
174
Clayton South
71.9%
38
Glenroy
79.8%
104
Coburg
80.0%
102
Greensborough
78.4%
80
Coburg North
68.8%
34
Greenvale
70.3%
73
Collingwood
77.8%
33
Hadfield
69.2%
28
Craigieburn
67.5%
171
Hampton
78.8%
60
Croydon
87.5%
52
Hawthorn
86.2%
104
Dandenong
56.7%
36
Hawthorn East
83.6%
81
Dandenong No rth
62.9%
39
Heathmont
80.6%
33
Diamo nd Creek
66.7%
27
Heidelberg
78.3%
27
Dingley Village
89.7%
31
Heidelberg Heights
77.3%
27
Doncaster
73.7%
110
Highett
70.8%
80
Doncaster East
73.0%
113
Hillside
70.6%
42
Donvale
76.9%
48
Hoppers Crossing
51.2%
50
Doreen
65.0%
46
Hughesdale
66.7%
34
Dromana
28.6%
25
Ivanhoe
72.7%
38
Edithvale
76.9%
27
Keilor East
73.0%
69
Elsternwick
87.1%
40
Kensington
81.8%
39
Eltham
64.7%
56
Kew
72.7%
103
Elwood
67.5%
89
Kew East
84.6%
27
Epping
69.3%
109
Keysborough
72.9%
62
Essendon
76.8%
91
Kingsville
65.2%
28
Fairfield
95.0%
23
Knoxfield
73.1%
28
Fawkner
83.7%
51
Lalor
83.3%
76
Ferntree Gully
86.7%
50
Macleod
78.4%
41
Fitzroy
86.7%
50
Maidstone
62.9%
40
Fitzroy North
74.2%
38
Malvern
82.9%
50
Footscray
67.9%
61
Malvern East
75.0%
105
Fo rest Hill
94.7%
42
Maribyrno ng
54.8%
36
Frankston
67.5%
83
Mckinno n
72.7%
27
Melbourne
73.1%
85
Ringwo od East 74.3%
42
M entone
75.8%
77
Rosanna 70.0%
36
Mernda
65.4%
59
Rosebud 70.0%
37
Mickleham
44.4%
38
Rowville 72.5%
58
Mill Park
80.2%
94
Roxburgh Park 63.6%
50
Mitcham
74.3%
73
Rye 61.5%
28
Mont Albert North
88.5%
31
Sandringham 83.0%
55
Montmorency
68.8%
35
Seaford 87.5%
27
Moonee Ponds
77.6%
55
Seddon 85.7%
22
Moorabbin
73.1%
28
South Melbourne 75.7%
39
Mordialloc
65.7%
42
South Morang 71.8%
91
Mornington
83.3%
30
South Yarra 72.4%
101
Mount Waverley
75.7%
200
Southbank 65.4%
31
Mulgrave
90.0%
74
Springvale 75.7%
40
Murrumbeena
81.8%
47
St Albans 57.7%
63
Newport
70.1%
80
St Kilda 75.5%
110
Niddrie
50.0%
33
St Kilda East 80.0%
74
Noble Park
75.7%
71
St Kilda West 75.0%
28
North Melbourne
71.0%
35
Strathmore 75.0%
43
Northcote
71.7%
125
Sunshine 91.2%
37
Nunawading
82.4%
59
Sunshine North 66.0%
58
Oak Park
75.0%
37
Sunshine West 60.4%
57
Oakleigh South
79.3%
35
Surrey Hills 78.3%
51
Ormond
77.1%
45
Sydenham 66.7%
23
Parkdale
90.2%
43
Tarneit 42.9%
28
Pascoe Vale
82.5%
116
Taylors Hill 90.9%
25
Pascoe Vale South
65.2%
27
Taylo rs Lakes 76.2%
24
Point Cook
44.7%
89
Templestowe 68.6%
61
Po rt Melbourne
67.1%
94
Templestowe Lower 71.1%
49
Prahran
75.9%
66
Thomastown 77.1%
54
Preston
80.9%
135
Thornbury 79.3%
91
Reservoir
68.0%
221
Toorak 54.3%
67
Richmond
67.2%
134
Tullamarine 73.1%
27
Ringwood
63.2%
66
Vermont 82.9%
38
Wantirna
76.6%
51
Wantirna South 71.6%
73
Werribee
81.4%
50
West Footscray 80.4%
51
Westmeadows
74.1%
30
Wheelers Hill 76.0%
51
Wollert
48.2%
65
Yarraville 84.0%
611
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