Sydney Auction Results – 55% Clearance Rate, Key Stats
Sydney’s property auction market recorded a clearance rate of 55% for the weekend of March 22-28, 2026, as Domain reported 760 properties sold from 1,394 reported auctions. The data, released on March 30-31, 2026, indicates a significant softening compared to the 65% clearance rate recorded during the same period last year.
Concurrent reporting from Property Update presented a higher regional clearance rate of 64.1% across 655 auctions, highlighting methodological differences between city-wide and regional data collection. The weekend saw total sales exceeding $840 million, with the median auction price settling at $1,656,000.
What Were the Latest Sydney Auction Results?
- Volume surge: 1,896 auctions scheduled represents one of the busiest weekends of the year
- Withdrawal rate: 354 properties withdrawn prior to auction, indicating vendor caution
- Unit outperformance: Units cleared at 70.4% compared to houses at 61.6% in regional data
- Price resilience: Median price of $1,656,000 remains stable despite lower clearance rates
- Regional variation: Lower North Shore achieved 69.4% clearance while City and East managed 53%
- Top sale: Homebush property sold for $8 million, leading the premium market segment
- Year-on-year decline: 10 percentage point drop from March 2025 clearance rates
| Metric | Domain (City-wide) | Property Update (Regional) |
|---|---|---|
| Clearance Rate | 55% | 64.1% |
| Total Auctions | 1,896 scheduled | 655 reported |
| Reported Results | 1,394 | Not specified |
| Sold Under Hammer | 760 | ~420 (inferred) |
| Passed In | 280 | Not stated |
| Withdrawn | 354 | Not stated |
| Median Price | $1,656,000 | $1,656,000 (overall) |
| House Median | Not specified | $1,900,000 |
| Unit Median | Not specified | $1,063,500 |
| Total Sales Value | $840,779,261 | Not stated |
What Is the Current Sydney Auction Clearance Rate?
The clearance rate for late March 2026 sits at 55% according to Domain’s preliminary city-wide data, though Property Update’s regional focus indicates 64.1% when examining houses and units specifically. This discrepancy stems from differing geographic scopes and reporting methodologies.
Domain vs Property Update Methodologies
Domain captures the entire Sydney metropolitan area, including all scheduled auctions and withdrawals in their calculations. Their data shows 1,896 scheduled auctions with 1,394 reported results, yielding the 55% figure based on 760 successful sales.
Conversely, Property Update focuses on specific Sydney regions, reporting 655 total auctions split between 479 houses and 176 units. Their 64.1% clearance rate breaks down to 61.6% for houses and 70.4% for units, suggesting stronger performance in the apartment sector.
Houses vs Units Performance
The data reveals a notable divergence between property types. Units achieved a 70.4% clearance rate with a median of $1,063,500, while houses cleared at 61.6% with a significantly higher median of $1,900,000. This pattern suggests buyer resistance at higher price points, with the sub-$1.1 million apartment market demonstrating greater liquidity.
Clearance rate calculations vary between providers. Domain counts withdrawn auctions in their denominator, potentially depressing rates compared to agencies that exclude withdrawals. Final figures typically adjust within 24-48 hours as late results filter through.
Which Suburbs Had the Best Auction Performance?
Regional data from Property Update identifies the Lower North and Inner West as the strongest performing districts, while individual sales recorded by Domain highlight premium transactions concentrated in established eastern and northern suburbs.
Regional Clearance Leaders
| Region | Results | Clearance Rate | Median Price |
|---|---|---|---|
| Lower North | 62 | 69.4% | $2,384,500 |
| Inner West | 113 | 68.1% | $1,700,000 |
| Canterbury Bankstown | 36 | 66.7% | $1,490,000 |
| Central Coast | 8 | 62.5% | $1,963,000 |
| North West | 41 | 56.1% | $2,151,000 |
| City and East | 132 | 53.0% | $1,291,500 |
Top Sale Prices
The highest transaction for the weekend occurred at 82 Abbotsford Road, Homebush, selling for $8,000,000 through McGrath Strathfield. Bondi Junction followed with 21 St James Road fetching $7,300,000, while Gordon’s 8 Khartoum Avenue achieved $7,138,000.
Other significant sales included 23 Albion Street, Concord ($5,650,000), 40 Pine Street, Marrickville ($4,300,000), and 1 Iluka Place, Cronulla ($4,300,000). These results indicate sustained demand for premium family homes in established inner-ring locations despite broader market softening.
While the Lower North recorded the highest regional median at $2,384,500, individual sales in Homebush and Bondi Junction significantly exceeded regional averages. Domain’s individual suburb data shows transactions ranging from $1.17 million for a Hunters Hill unit to $2.42 million for a Wetherill Park house.
How Do These Results Compare to Previous Weeks?
The 55% clearance rate represents a notable decline from the 65% recorded during the same weekend in 2025, marking a 10-percentage-point year-on-year contraction. This softening aligns with 280 pass-ins recorded across the weekend, indicating increased buyer selectivity.
Volume and Participation Trends
Auction volume remained elevated with 1,896 properties scheduled, suggesting vendors are maintaining listing activity despite softer conditions. However, the 354 withdrawals indicate approximately 18.7% of scheduled auctions did not proceed, potentially reflecting reserve price mismatches or pre-auction negotiations.
Current figures represent preliminary data as of March 30-31, 2026. Historical patterns suggest clearance rates typically adjust by 2-5 percentage points as late results and private sales post-auction are finalized over the subsequent 48 hours.
Market Positioning
The discrepancy between Domain’s 55% and Property Update’s 64.1% highlights the importance of understanding data scope when comparing weekly results. While the city-wide figure suggests a buyer’s market, regional variations indicate pockets of competitive bidding remain, particularly for well-presented units in the Inner West and Lower North.
When Are Sydney Auction Results Finalized?
Auction results undergo a staged reporting process from Saturday afternoon through to Tuesday following the weekend sales.
- Saturday 6:00 PM: Preliminary results released based on initial agent reports from morning auctions
- Sunday 12:00 PM: Updated figures include Saturday evening sessions and delayed submissions
- Monday 9:00 AM: Domain and Property Update publish comprehensive weekend summaries with verified sales
- Tuesday 5:00 PM: Final clearance rates confirmed after accounting for post-auction private treaty sales
- Wednesday onwards: ABS and CoreLogic incorporate data into monthly housing finance statistics
What Is the Difference Between Preliminary and Final Results?
Established Information
- Domain reports 55% clearance based on 1,394 reported auctions from 1,896 scheduled
- 760 properties sold under the hammer for a total value exceeding $840 million
- 280 properties passed in unsold
- 354 auctions withdrawn prior to scheduled time
- Median price of $1,656,000 confirmed across both data providers
Information Awaiting Confirmation
- Final clearance rates pending inclusion of post-auction sales (typically 2-5% adjustment)
- Complete suburb-level granularity for all 1,896 scheduled properties
- CoreLogic’s independent verification of reported figures
- Specific agent-level clearance rate performance rankings
- Detailed withdrawal reasons (finance fall-through vs. vendor discretion)
What Factors Are Influencing Recent Sydney Auction Results?
Several macroeconomic and localized factors appear to be constraining clearance rates below the 60% benchmark typically associated with balanced markets. The 10-percentage-point year-on-year decline from March 2025 suggests shifting dynamics in buyer sentiment and vendor expectations. Official housing statistics from the Australian Bureau of Statistics contextualize these auction trends within broader economic indicators.
Interest rate uncertainty continues to impact borrowing capacity, with prospective purchasers displaying increased caution at higher price points. This is evidenced by the stronger performance in the unit market, where medians around $1,063,500 align more closely with average lending limits than the $1,900,000 house median.
Supply-side pressure also plays a role, with 1,896 scheduled auctions representing elevated stock levels that disperse buyer attention across numerous simultaneous campaigns. The 280 pass-ins suggest reserve prices may be lagging current valuation realities, particularly in the City and East region where the 53% clearance rate fell below the metropolitan average.
Who Reports Sydney Auction Data?
Property market intelligence in Sydney derives from multiple specialized agencies, each employing distinct methodologies for data collection and verification. Domain maintains comprehensive auction archives at their research portal, while CoreLogic provides independent market analytics. Additional reporting appears through realestate.com.au.
Domain’s preliminary data indicates a clearance rate of 55% from 1,394 reported auctions, representing a significant drop from the 65% recorded this time last year.
— Domain Auction Results, March 30, 2026
Sydney regions reported a 64.1% clearance rate across 655 auctions, with units significantly outperforming houses at 70.4% versus 61.6%.
— Property Update Weekend Analysis, March 28, 2026
What Should Market Participants Watch Next?
The convergence of high volumes and moderate clearance rates suggests a transitional market phase where realistic pricing becomes critical for vendor success. Buyers may find increased negotiation opportunities among the 280 pass-ins and 354 withdrawals, while sellers should note the outperformance of well-presented units in accessible price brackets. For those tracking measurement conversions in property documentation, 32oz to ml – Exact US Conversion 946.35 ml provides precise metric references.
Frequently Asked Questions
Are Sydney auction results preliminary or final?
Current figures are preliminary as of March 30-31, 2026. Final rates typically adjust within 48 hours as late results and post-auction private sales are incorporated.
What is a good auction clearance rate in Sydney?
Historically, rates above 60% indicate a seller’s market, while 55% suggests balanced to soft conditions favoring buyers. The current 55% rate sits below the 65% recorded in March 2025.
How often are Sydney auction results updated?
Preliminary updates occur Saturday evening, with comprehensive figures published Monday morning. Final adjustments complete by Tuesday afternoon.
Which suburbs had the highest auction prices this weekend?
Homebush led with $8,000,000 for 82 Abbotsford Road, followed by Bondi Junction at $7,300,000 and Gordon at $7,138,000.
Why do Domain and Property Update report different clearance rates?
Domain covers metropolitan Sydney (55% from 1,394 auctions), while Property Update focuses on specific regions (64.1% from 655 auctions). Methodological differences in geographic scope and withdrawal counting create variances.
What does “passed in” mean at auction?
Properties that fail to meet the reserve price during auction are “passed in” and remain unsold. This weekend saw 280 pass-ins from 1,394 reported auctions.
Where can I find routing information for banking related to property transactions?
For banking details in specific locations, P&N Bank – Locations, Routing Number and Services in Perry, GA provides relevant institutional information.
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