Auction results fail to find their rhythm as numbers continue to fluctuate
Just as auction numbers begin to rise, public holidays slow down activity
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Auction activity continues to fluctuate, with last weekend recording its biggest numbers since late June, CoreLogic reports.
There were 2,190 auctions held across the capitals, up from 1918 the week before and 1672 this time last year.
Clearance rates told a slightly different story, with 62.5 percent of auctions resulting in a sale. While that is slightly up from 61.7 percent last week, this time last year, clearance rates were at 75.1 percent.
Capital city auction numbers are expected to drop once again next week, thanks to public holidays and the AFL grand final in Melbourne.
In Sydney, 771 homes went under the hammer over the weekend, up 10.5 percent from the previous week, with a clearance rate of 60.2 percent. In Melbourne, numbers were higher, with 996 homes auctioned, up 17.6 percent from the previous week. Clearance rates were also higher, at 64.4 percent.
In the smaller capitals, Brisbane was the biggest market, with 168 homes auctioned, followed by Adelaide with 132 and Canberra with 102. Of the three, Adelaide topped the clearance rates at 75.6 percent. Canberra followed with 65.8 percent and then Brisbane with 52.8 percent.
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Citizen Kanebridge member Marcel Zalloua delivered a standout result in Tigani Motorsport’s Mercedes-AMG GT3 Evo, backed by Robb Report Australia & New Zealand and Citizen Kanebridge.
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Sydney’s night sky lit up with speed and precision when Tigani Motorsport’s Mercedes-AMG GT3 Evo charged to a second-place finish in the Pro-Am class during Race 1 of the GT World Challenge Australia at Sydney Motorsport Park.
Behind the wheel was entrepreneur and Citizen Kanebridge member Marcel Zalloua, partnered with Supercars regular Thomas Randle in a formidable one-off pairing that impressed from the outset.
The result marks a major milestone for Zalloua, a returning driver with previous success in the Am class, and continues Tigani Motorsport’s strong form in the 2025 season.
Zalloua is part of Citizen Kanebridge, an invitation-only club based in Sydney.
The club curates exclusive events, thought-leadership forums and networking opportunities for high-achieving individuals across investment, innovation and entrepreneurship.
The sleek #44 AMG GT3 Evo also sported a high-end lineup of sponsors, including Robb Report Australia & New Zealand and Citizen Kanebridge, alongside other premium backers — all part of a strategy to align the vehicle with luxury, performance and lifestyle excellence.
Race 1 saw the Zalloua-Randle duo execute a clean, strategic drive to claim the podium, with the car showing strong pace under lights.
Although Race 2 proved more challenging with a ninth-place finish in class, their combined effort across the weekend delivered valuable points to Tigani Motorsport’s championship campaign.
Tigani Motorsport continues to cement itself as a serious contender in the GT racing scene, with smart driver pairings, high-calibre partnerships, and a commitment to performance both on and off the track.
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