Auction activity is down 20.6 percent across the Australian capitals, with just 1,519 homes scheduled to go under the hammer this week, CoreLogic reports.
In the wake of Tuesday’s RBA announcement raising the cash rate target by 50 basis points, this is the quietest auction week since mid June.
Melbourne leads the way with 626 homes set for auction, down 22.6 percent from the previous week. This is -5.4 percent lower than numbers recorded this time last year. In Sydney, it’s the quietest week since the Easter long weekend, with 521 homes to go under the hammer. This time last year, it was 624 homes.
It’s even quieter in the other capitals, with 154 auctions scheduled for Brisbane, 141 for Adelaide and 70 for Canberra. Perth has just seven auctions on the books while in Tasmania, there are no auctions planned at all.
CoreLogic data reveals that historically, auction activity slows down at the end of July and early August before gaining pace as the spring season approaches. Early numbers suggest a rise in auctions numbers in the coming weeks.
This stylish family home combines a classic palette and finishes with a flexible floorplan
Just 55 minutes from Sydney, make this your creative getaway located in the majestic Hawkesbury region.
This renovated Hampton-style home offers luxury living and seamless indoor-outdoor entertaining in a prime coastal location.
A sanctuary of modern design and craftsmanship, this stunning north-facing family home in Dover Heights sets a new benchmark for luxury coastal living. Perched on a sun-drenched 563sqm block, the newly renovated residence combines elegance with functionality, making it the ultimate entertainer’s retreat.
Designed for seamless indoor-outdoor living, the open-plan living and dining areas lead out to a sunlit alfresco zone with a swimming pool. “It’s where we spend most of our time, whether we’re hosting friends or relaxing with family,” says the owner. Floor-to-ceiling glass doors maximise the natural light and offer views of the beautifully landscaped backyard.
At the heart of the home is a gourmet kitchen equipped with premium Bosch and Siemens appliances, including two 900mm ovens, two dishwashers, and a gas wok with dual extraction fans.
Upstairs, the four spacious bedrooms offer plenty of privacy. The master suite is a true retreat with a luxurious ensuite and custom-built wardrobes. Two other bedrooms feature their own ensuites, while a home office and gym complete the upper level. Convenience is key, with lift access to both floors, a remote-controlled garage with internal access, and off-street parking for three cars.
The home is packed with modern features like Daikin ducted air-conditioning with room-specific controls, rain-sensor skylights and CCTV. Sustainability is also a priority, with 48 solar roof panels and a Tesla 2.5kw solar edge inverter reducing the home’s environmental impact.
Located a short stroll from Rodney Reserve and local favourite Archies Café Co., the house is close to prestigious schools, Rose Bay village, and the iconic Bondi Beach. It’s the perfect blend of convenience and tranquillity, offering a family-friendly neighbourhood while being just minutes away from Sydney’s finest attractions.
With its timeless Hampton-style aesthetic and modern amenities, 60 Blake Street is more than just a home—it’s a lifestyle. Whether you’re entertaining guests or enjoying a quiet evening by the pool, every inch of this property has been thoughtfully designed for comfort and luxury.
This stylish family home combines a classic palette and finishes with a flexible floorplan
Just 55 minutes from Sydney, make this your creative getaway located in the majestic Hawkesbury region.