Auction Market Still Strong In Spring
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Auction Market Still Strong In Spring

The auction market is building momentum.

By Kanebridge News
Mon, Sep 20, 2021 8:29amGrey Clock 2 min

Residential auction markets strengthened in most capitals at the weekend, as the spring selling season gathers momentum, aided by easing covid restrictions.

National auction numbers rose sharply at the weekend – after two weeks of decline – with all capitals reporting an increase in listings. A total of 1272 homes went under the hammer, compared to last weekend’s 1150 and well ahead of the 748 listed this time last year.

The national clearance rate was also up, increasing from last weekend’s 80.5% to 84.9% — the highest since April and the third consecutive increase in the national clearance rate.

Strong clearance rates in Sydney (85.1%), Brisbane (83.7%), Adelaide (89.2%) and Canberra (94.1%) lifted the national clearance rate while Melbourne (72.3%), dropped due to strict restrictions.

In Sydney, the market has stayed hot despite more listings coming to market, with numbers increasing for the fourth consecutive Saturday as 569 homes were offered for sale – up on the previous weekend’s 511.

The clearance rate was just down on last weekend’s 85.2%, but well ahead of the 72.2% recorded over the same weekend last year. It’s now the seventh consecutive weekend with clearance rates above 80%.

Sydney recorded a median price of $1,690,500 for houses sold at auction at the weekend

which was lower than the $1,714,000 reported over the previous Saturday but 31.1% higher than the $1,290,000 recorded over the same weekend last year.

Melbourne’s auction market reported a decline in the clearance rate at the weekend down from the previous 79.3% — a result of higher proportion of withdrawals from higher listing numbers – 28.7% of reported auctions withdrawn compared to the previous weekend’s 18.9%.

Listings increased for the first time in three weekends with a total of 434 auctions compared to the previous weekend’s 414.

Melbourne recorded a median price of $1,000,250 for houses sold at auction at the weekend which was lower than the $1,069,000 recorded over the previous weekend.

Data powered by Dr Andrew Wilson of My Housing Market.


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There’s no shortage of design inspiration online but nothing beats the joy of spending an afternoon immersing yourself in a good interior design book. Edited, carefully curated and, above all, designed, these titles take you behind the scenes of some of the world’s most beautiful interiors in a considered way. Think of it like the difference between listening to a few tunes on Spotify versus releasing a thoughtfully crafted studio album. We’ve assembled our top six of interior design books on the market right now for your viewing and reading pleasure.

1. Interiors beyond the primary palette 

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Step inside the world of award-winning interior design duo Juliette Arent and Sarah-Jane Pyke in this, their first compendium of their work. A ‘best of’ over more than 15 years working together, it’s a masterclass in working with colour and pattern as seen through 18 projects from around the country. With a focus on the idea of home as sanctuary, this hefty tome offers insight into the mind of the designer with points on where to find  inspiration, meeting client briefs and the importance of relationships. Thames & Hudson, $120

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3. Abigail Ahern Masterclass

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Some design books are beautiful to look at, and that’s it. This is not one of those books. A master of colour and pattern, UK designer Ahern offers a practical foundational guide to beautiful interiors, mixing form with function in her latest book, Masterclass. Find the inspiration you need to create a gorgeous home. HarperCollins, $65  

4. Interiors Now!

Looking for a visual crash course in international design trends with longevity? This is the book for you. Featuring homes across the globe, from New York to Auckland via Avignon, the biggest dilemma for readers is settling on a style. Many of the projects are owned by designers and creatives, lending a dynamic edge to this tome, now in its 40th year. Taschen, $50

5. Home by the Sea 

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