Property takes a holiday as the long weekend looms

There’s nothing like a long weekend to put a dampener on the property market. Auction activity is set to drop dramatically over the King’s birthday weekend to almost half the number from last week.

Data from CoreLogic shows that 1,327 homes are scheduled for auction across the capitals this weekend, down -44.2 percent on the previous week. Research analyst for CoreLogic Australia, Caitlin Foo says the fall in numbers is most evident in Melbourne where auctions have hovered over 1,000 homes for the past five weeks. This weekend, figures have fallen by -56.7 percent to just 480 homes.

In Sydney, there are 537 homes scheduled to go under the hammer, down -40.3 percent on the previous weekend when 899 homes were auctioned. It’s a slightly less significant story in the smaller capitals with 130 homes set for auction in Brisbane (down from 141 the previous week), 99 in Adelaide (down from 152) and Canberra at 65 (down from 68).

While it’s a slower week for the market, the numbers are still far better than they were this time last year, indicating a consistent sense of confidence in residential property.

Artificial intelligence is rapidly reshaping business, investment and competitive advantage, and now Australia’s property industry is being told it cannot afford to sit on the sidelines.

International keynote speaker and AI strategist Justin Kabbani will headline the Kanebridge Property Summit at RACA Sydney on June 18, bringing rare insight into how forward-thinking property professionals can use AI to move faster, make smarter decisions and gain a serious edge in an increasingly competitive market.

Justin Kabbani, International keynote speaker and AI strategist

Tickets to the exclusive summit are already selling fast.

Having worked with global brands including Uber, PepsiCo, Mattel and Destination NSW, Kabbani has become one of the leading voices on how businesses can turn AI from a buzzword into a genuine commercial advantage.

Known for his high-energy and highly practical presentations, Kabbani cuts through the hype surrounding AI and focuses on what actually matters: productivity, growth, leadership and real-world business results.

His keynote will explore how AI is already transforming industries globally, and what property developers, investors, agents and business leaders need to understand now to avoid being left behind.

Importantly, the session is designed to be practical, not theoretical.

Attendees will hear how AI can be applied across marketing, sales, operations and decision-making to improve efficiency, sharpen strategy and create new competitive advantages in a rapidly changing business environment.

The summit will also feature an exclusive roundtable bringing together leading property and finance experts for a candid, off-the-record Q&A exploring the forces shaping investment, development and wealth creation across Australia’s prestige property market.

The event follows the success of last year’s sold-out summit and will once again be hosted by respected MC John Alten.

With AI becoming one of the biggest disruptors facing business, the June 18 summit is expected to attract strong interest from property professionals, investors and business leaders looking to stay ahead of the curve.

The followings are included in every ticket:

Full access to keynote sessions and the interactive roundtable.
Premium selection of canapés and beverages throughout the evening.
Complimentary annual digital subscription to two leading publications (Wall Street Journal and Kanebridge Quarterly), providing essential coverage of local and global markets, property trends and investment strategy.

Tickets are limited and selling quickly and you can buy here.

Property takes a holiday as the long weekend looms

Schedule auctions are down but there’s still reasons for the market to be cheerful

International AI strategist Justin Kabbani will headline the Kanebridge Property Summit in Sydney on June 18, with tickets selling fast.