Australian Property Auction Market Report – Week Ending 12 July 2026

The Australian Property Auction Market Report for the week ending Sunday, 12 July 2026, points to a market that improved modestly over the weekend but still favoured disciplined, well-prepared buyers. Final clearance rates lifted across the combined capital cities, yet auction volumes remained below both the previous week and the same period in 2025. That combination matters: the market was firmer, but vendor caution was still evident.

This week’s Australian Auction Results also underline the gap between preliminary and final reporting. Early numbers looked considerably stronger, but the final figures softened once outstanding, passed-in and withdrawn outcomes were added. For owners, buyers and investors following Property Market Trends Australia, the final result gives the more reliable picture.

Australian Property Market Overview

Executive Market Summary

This Australian Property Auction Market Report draws on Cotality’s final figures, which recorded 1,304 auctions across the combined capital cities. That was 9.6% fewer than the previous week and 8.9% below the corresponding week in 2025. The combined final clearance rate improved to 48.5%, up from 46.0% one week earlier and the strongest result in six weeks.

Even with that improvement, fewer than half of reported capital-city auctions resulted in a sale for the seventh consecutive week. In practical terms, the Australian Housing Market remains divided. Well-presented homes in tightly held locations can still draw competition, particularly when vendor expectations reflect current comparable evidence. Properties with weaker presentation, compromised features or ambitious reserves are meeting more resistance.

For vendors, auctions have not stopped working. The result now depends more heavily on pricing, campaign quality, buyer engagement and the strength of the post-auction process. Buyers, meanwhile, have more time to assess value and less pressure to bid beyond their limits, especially when a property passes in or remains on the market longer than expected.

National Auction Clearance Rate

The preliminary figures released immediately after the weekend painted a stronger picture. Cotality initially reported a combined clearance rate of 54.8% from 1,318 auctions. Once outstanding and unsuccessful outcomes were collected, the rate was revised to 48.5%, and the final auction count moved to 1,304.

That difference is significant. Preliminary clearance rates are useful as an early measure of sentiment, but they are not the same as completed Australian Auction Results. Cotality calculates its clearance rate using known properties sold before, at or after auction against all collected outcomes, including passed-in and withdrawn properties. Because not every result is available when the preliminary number is published, the final rate is the better measure of actual market performance.

For the week ending 12 July, Melbourne’s preliminary clearance rate was 56.2% and Sydney’s was 57.5%. After further outcomes were received, Melbourne finalised at 50.3% and Sydney at 50.7%.

PropTrack and realestate.com.au also showed a firmer early reading for Melbourne, placing the city at approximately 56% from around 599 scheduled auctions. The realestate.com.au figure is updated progressively, so it can change as later results are submitted. Before the weekend, the REIV had forecast approximately 630 auctions across 244 Victorian suburbs.

Combined Capital City Auction Results

Weekly Property Market Highlights

The main message from this Australian Property Auction Market Report is that conditions improved from the very weak levels seen in late June and early July, but the result does not yet amount to a convincing recovery. Volumes remain lower than last year, unsuccessful campaigns are still elevated, and buyers continue to show strong price discipline.

Median auction sale prices were not published consistently across all requested providers for this exact reporting period. Combining figures that use different property types, geographic boundaries or reporting windows would risk creating a misleading comparison. For that reason, this report relies on verified clearance rates, volumes and unsuccessful-auction data, supported by broader monthly and quarterly price indicators.

The week also reinforced a broader pattern in the Australian Housing Market: scarcity still matters. Quality homes can attract multiple bidders even when the wider clearance rate is soft. At the same time, buyers are increasingly willing to step back from properties that need substantial work or appear incorrectly priced.

Melbourne Property Market Analysis

Melbourne Auction Clearance Rates

The Melbourne Property Market Report recorded 576 auctions and a final clearance rate of 50.3%. That was a modest improvement from 49.6% the week before, Melbourne’s strongest final result since mid-June and the first time in approximately one month that the city cleared above 50%.

The lift is encouraging, but it needs context. Almost half of reported auction campaigns still did not achieve a sale through the measured auction process, and volumes were lower. Cotality’s preliminary analysis recorded 585 auctions, around 6.8% fewer than the equivalent week one year earlier.

The Melbourne Auction Clearance Rates also differed noticeably between preliminary and final reporting. Melbourne began at 56.2% before finalising at 50.3% as more outcomes were collected. That movement is another reason owners and buyers should avoid drawing firm conclusions from early weekend numbers alone.

Recent reporting showed Melbourne experienced its weakest June auction conditions on record under PropTrack’s series, with an average June clearance rate of around 48%. The city’s median house price was reported to have declined to approximately $984,000 during the month. Some properties that passed in later sold in the following weeks, which is an important reminder that auction-day clearance rates do not capture every successful campaign outcome.

Melbourne Buyer Demand

Buyer behaviour across the Melbourne Real Estate Market remains selective rather than inactive. Higher mortgage repayments have reduced borrowing capacity, and cost-of-living pressure is encouraging purchasers to hold firm on price. Many buyers now have a clearly defined limit and are less willing to exceed it simply to secure a property on the day.

This is especially noticeable where a home needs major renovation, carries high ongoing costs or lacks a clear point of difference. Buyers are using comparable-sales information, building reports and expected holding costs to decide whether a property still represents value.

At the same time, quality homes are not universally discounted. Buyers looking in sought-after school zones, village precincts or low-supply streets still need to prepare for competition. In our experience, the best opportunities often emerge after a property passes in on a vendor bid or where only one or two genuine buyers remain. A passed-in result does not necessarily mean the home is defective; it may simply mean the reserve sat above the level buyers accepted on the day.

For anyone assessing Melbourne Property Investment, the current environment rewards property-specific research. A broad market headline is useful, but the individual location, condition, layout, rental appeal and likely future costs remain more important than the clearance rate alone.

Melbourne Vendor Activity

Vendor caution is still a defining feature of the Melbourne Housing Market. Lower auction volumes suggest some owners are postponing campaigns, choosing private sale or waiting for spring. Others are proceeding but adjusting their reserve and price expectations as buyer feedback comes through.

A winter campaign needs realistic positioning from the outset. Buyers have access to extensive comparable-sales data and are less likely to respond to an inflated guide designed mainly to create enquiry. The stronger campaigns establish value early through presentation, professional photography, targeted database activity and careful buyer qualification.

Vendors should also be prepared for the auction to begin the final negotiation rather than end it. When a property passes in, a well-managed conversation with the highest bidder can still produce a sale while interest is fresh. The reserve should be shaped through the campaign, not decided in isolation on auction morning.

Property Types Performing Best

The Melbourne Real Estate Market is highly segmented. Renovated family homes, low-maintenance townhouses, period properties and homes close to transport, schools and established retail precincts are generally performing better than compromised or heavily renovated stock.

A recent Cheltenham result shows how sharply quality can separate from the broader market. A two-bedroom townhouse sold for $1.007 million, approximately $190,000 above its reported reserve, after six bidders competed across 27 bids. The single-level design, location and appeal to both first-home buyers and downsizers helped create competition despite softer conditions elsewhere.

That sale should not be read as evidence that every vendor is achieving a premium result. It shows that buyers will compete when they see genuine scarcity and a clear reason to act. The gap between desirable and secondary property is widening, and that distinction is central to understanding current Melbourne Property Investment conditions.

Melbourne Market Outlook

The Melbourne Property Market Report suggests the city will remain buyer-favourable in many segments through the winter period. Properties that need renovation, have compromised layouts or carry high holding costs are likely to face greater resistance. Entry-level houses, well-located townhouses and turnkey family homes should remain more resilient.

Clearance rates may move above or below 50% from week to week as the property mix changes. A sustained recovery in the Melbourne Housing Market would require stronger final results across several consecutive weeks, not simply one encouraging preliminary figure.

Sydney Property Market Update

Sydney Auction Results

The Sydney Property Market recorded 444 auctions and a final clearance rate of 50.7%, up from 46.4% the previous week. This was Sydney’s strongest final clearance rate since May, although auction volumes fell by approximately 20% from 556 one week earlier.

Sydney’s preliminary rate was initially reported at 57.5%, its highest early result in ten weeks, before being revised lower as additional outcomes were collected. Volumes were also approximately 18.7% below both the preceding week and the equivalent period in 2025.

Sydney Buyer Sentiment

The fall in auction numbers points to continued vendor caution, but it does not mean buyers have disappeared. Lower stock can support competition for exceptional homes, particularly where supply is limited. Even so, buyers remain sensitive to price, finance conditions and the cost of future work.

The Sydney Property Market continues to operate at two speeds. Turnkey family homes and properties with land are attracting interest where supply is scarce. Apartments with high strata costs, homes carrying renovation risk and listings with optimistic reserves are meeting more resistance.

Premium Market Performance

Premium areas have been particularly responsive to changes in confidence. Reporting before this weekend showed Sydney’s overall clearance rate falling to around 41% for the week ending 5 July, with some expensive regions among the weakest performers.

That sensitivity is understandable. Premium purchases often involve larger loans, higher deposits and greater exposure to changes in economic sentiment. When confidence or finance conditions weaken, buyers in these markets can pause quickly.

Vendor Confidence

Many Sydney vendors remain reluctant to test current conditions. Some are choosing private treaty campaigns, while others may be delaying until spring. Lower auction supply can reduce competition from other listings, but it does not remove buyer price sensitivity.

For sellers, the practical requirement remains the same: use clear comparable evidence, set the reserve carefully and maintain direct engagement with active bidders throughout the campaign.

Brisbane Property Market Analysis

Brisbane Auction Clearance Rates

The Brisbane Property Market held 130 auctions, up from 119 one week earlier, and recorded a final clearance rate of 35.4%. That represented an improvement of 11.9 percentage points from the exceptionally weak 23.5% result in the preceding week.

The preliminary figure had been stronger at 43.0%, again showing how early numbers can fall when additional unsuccessful outcomes are included.

Brisbane Housing Demand

Underlying demand in the Brisbane Property Market remains supported by interstate migration, population growth and limited supply. Even so, affordability has deteriorated after several years of strong growth, and buyers are becoming more price conscious.

The lower auction rate should therefore not be used on its own to conclude that Brisbane’s broader housing market has collapsed. Auctions account for a smaller share of total sales in Brisbane than they do in Melbourne or Sydney.

Auction vs Private Treaty Sales

Brisbane is predominantly a private treaty market. Unique inner-city homes and properties where genuine competitive tension can be established may suit auction. In outer suburbs or highly comparable markets, transparent private treaty pricing may give buyers more confidence and produce a more reliable result.

The right method depends on the property, its location, likely buyer pool and the level of competition that can realistically be created.

Adelaide Property Market Update

Adelaide Auction Performance

The Adelaide Property Market recorded 84 auctions and a final clearance rate of 45.2%, compared with 112 auctions and a 45.5% clearance rate the previous week.

Its preliminary clearance rate had initially risen to 59.1%, but the final result was considerably lower. Auction volume fell by approximately 25%, which makes weekly movement more vulnerable to volatility.

Buyer Activity

The Adelaide Property Market continues to benefit from relative affordability, tight housing availability and strong owner-occupier demand. Buyers, however, are no longer treating every property as equally desirable.

Renovation costs, energy efficiency and access to employment are playing a larger role in purchasing decisions. A well-located home that requires little immediate work can therefore perform very differently from a property with substantial upgrade costs.

Market Conditions

The lower final clearance rate does not necessarily contradict Adelaide’s longer-term resilience. It shows that even markets with stronger growth fundamentals are becoming more selective as borrowing costs and household expenses rise.

Canberra Property Market Review

Canberra Clearance Rates

The Canberra Property Market achieved the highest final clearance rate among the reported capitals at 51.7% from 60 auctions. That was slightly below the previous week’s 52.4%, while auction volume fell from 63.

Market Stability

The Canberra Property Market benefits from relatively stable public-sector employment and higher average household incomes. Affordability constraints remain significant, however, and buyers are making sharper distinctions between homes that are ready to occupy and those requiring expensive upgrades.

Buyer Confidence

Energy-efficient, well-located homes are generally attracting stronger interest than properties with substantial future costs. With only 60 auctions, Canberra’s weekly result should be interpreted cautiously. Even so, clearing just over half of reported stock placed it marginally ahead of Sydney and Melbourne for this reporting period.

Perth & Tasmania Market Snapshot

Perth Property Market

Perth recorded eight scheduled auctions. Two sold, five passed in and one was withdrawn. Those numbers are too small to support a reliable clearance-rate analysis.

The Perth market remains overwhelmingly private treaty based, so performance is better judged through listing levels, days on market, prices and private sales. Limited stock and population growth continue to provide structural support, although affordability pressure may gradually reduce the pace of price growth.

Tasmania Auction Activity

Tasmania recorded two scheduled auctions, both of which were withdrawn before auction. As with Perth, the volume is too low to draw a meaningful conclusion from the clearance rate.

Why Auction Numbers Remain Low

Auction is not the dominant sales method in either market. That means a quiet auction weekend does not necessarily indicate weak broader conditions. Private treaty sales, stock levels and the time properties spend on the market provide a more useful measure.

Regional Victoria Property Market Update

Geelong Property Market

The Victoria Property Market Update shows that regional Victoria is displaying greater resilience than metropolitan Melbourne in several price segments. REIV analysis released in early July reported regional Victorian median house prices rising 8.3% annually to $650,000, while regional unit prices increased 9.0% to $458,000.

The Geelong Property Market remains active but divided. Affordable suburbs such as Norlane and Corio reportedly recorded annual median-value growth of more than 20%, while several premium coastal locations experienced significant quarterly declines. Across the broader area, 35 suburbs recorded annual growth and 32 experienced quarterly falls, showing the difference between longer-term gains and more recent moderation.

Demand appears strongest for turnkey homes below approximately $800,000, particularly among first-home buyers and owner-occupiers concerned about high construction and renovation costs. More affordable suburbs with transport, employment access and rental demand are also attracting investors.

A recent Geelong West character home sold for $910,000 after its guide was adjusted from $880,000–$960,000 to $850,000–$930,000 and pre-sale improvements were completed. The result is a useful example of how responsive pricing and presentation can build competition in a softer market.

Ballarat Property Market

The Ballarat Property Market continues to benefit from relative affordability, education, healthcare employment and rail access to Melbourne. REIV data identified Mount Helen as one of regional Victoria’s strongest annual performers, with house prices rising 27.2%.

Buyer demand is likely to remain concentrated in established family suburbs, areas close to services and homes that do not require immediate major expenditure. Ballarat’s lower entry price compared with metropolitan Melbourne continues to support first-home buyer and investor interest, although the market remains sensitive to interest-rate changes.

Bendigo Property Market

The Bendigo Property Market is supported by a diverse economy that includes health, education, government and professional services. North Bendigo recorded a 39.2% annual increase in unit prices, the strongest unit growth identified by the REIV across Victoria.

Affordable inner suburbs and locations near Bendigo’s employment and retail centres continue to appeal. Investors still need to assess rental demand and property condition at an individual level rather than relying on a broad regional growth figure.

Regional Victoria Investment Trends

The stronger Victorian Property Market performance outside metropolitan Melbourne does not mean every suburb is rising. Regional results reflect a mix of affordability, employment diversity, infrastructure, tight rental markets and lifestyle demand.

Geelong, Ballarat and Bendigo are among the centres benefiting from affordability, internal migration and constrained housing supply while Sydney and Melbourne face greater price pressure. Even within those centres, however, the result remains suburb specific.

For investors considering Regional Victoria Real Estate, broad growth headlines should be the starting point rather than the final decision. Rental demand, local employment, transport, services, property condition and holding costs still need to be assessed carefully.

Buyer & Seller Market Insights

Buyer Negotiation Opportunities

Buyers remain active, but they are more deliberate. Finance limits are shaping behaviour, and many purchasers are unwilling to move beyond their approved range simply to win at auction.

That is leading to fewer emotional bidding contests and more negotiations based on comparable evidence. Buyers are also paying closer attention to building reports, owners corporation costs, energy efficiency and the likely cost of future renovations.

First-home buyers remain active in more affordable segments, supported by lower-deposit purchasing assistance, although they are also among the most sensitive to changes in borrowing capacity. Competition can still be strong in entry-level suburbs because several buyers may be targeting the same limited pool of lower-priced homes.

Vendor Pricing Strategy

Lower auction volumes are one of the clearest signs of vendor caution. Combined capital-city auctions fell 9.6% over the week, 8.9% annually and approximately 37% from mid-June levels. Cotality noted that auctions appear to be losing popularity among some vendors in the softer demand environment.

Some sellers are moving to private treaty campaigns, while others are waiting for spring. Waiting may bring more buyers, but it is also likely to bring more competing listings. Vendors with a genuine reason to sell can still achieve a strong outcome by meeting the current market rather than trying to recreate the conditions of an earlier cycle.

Passed-In Properties Explained

Cotality’s final combined clearance rate of 48.5% means 51.5% of collected capital-city auction outcomes were not recorded as successful sales under its methodology. That unsuccessful group includes both passed-in and withdrawn properties.

The detailed city figures also show a substantial pass-in component. Perth’s eight auctions included five passed-in properties and one withdrawal. Across the larger markets, unsuccessful results remained elevated, although Cotality did not publish the exact passed-in and withdrawn split for every city.

A property passing in does not automatically mean the campaign has failed. The vendor can often negotiate directly with the highest bidder immediately after the auction. A high number of passed-in properties does, however, point to a gap between vendor reserves and buyer expectations.

Post Auction Negotiation Tips

Reserve expectations should be tested throughout the campaign, not left until auction morning. When several qualified buyers provide similar value feedback, that feedback should be considered objectively.

For sellers, the practical approach is to launch with a price strategy supported by recent comparable evidence, invest in presentation and marketing where it improves perceived value, monitor buyer feedback and establish a realistic reserve before auction day. If the property passes in, be prepared to negotiate while the strongest buyer remains engaged.

For buyers, finance approval and a firm bidding limit remain essential. Comparable sales are more useful than the quoted range alone. A passed-in property may offer a strong negotiating opportunity, but renovation, insurance, owners corporation and holding costs still need to be included when assessing affordability.

For investors, the priority is rental demand, holding costs and property-specific fundamentals. Land tax, compliance obligations, maintenance and vacancy risk should be considered before purchasing.

Economic Factors Affecting Australia’s Property Market

Interest Rates

Interest rates remain the most immediate influence on Property Market Trends Australia. Higher borrowing costs reduce maximum loan sizes and increase the monthly repayment attached to each additional bid.

This affects both buyers and vendors. Buyers have less room to stretch, while vendors face a market in which finance-approved purchasers are more likely to remain within a fixed range.

Inflation & Cost of Living

Cost-of-living pressure is also affecting confidence across the Australian Housing Market. Insurance, utilities, food and housing expenses are taking a larger share of household income, encouraging buyers to keep a financial buffer rather than use their full borrowing capacity.

Housing Supply

Australia’s housing shortage continues to provide longer-term support. Limited construction capacity, strong population growth and tight rental availability mean underlying demand has not disappeared.

That supply constraint helps explain why quality homes can still attract strong competition even when broader clearance rates are soft.

Consumer Confidence

Confidence remains fragile. Buyers are prepared to act, but many need clear evidence that a property represents value. Vendors are also weighing the risk of selling in a softer market against the possibility of more competing listings later in the year.

The result is a market where decision-making is slower and more evidence-based than it was during stronger cycles.

Broader monthly indicators also point to a cooling national market. PropTrack reported that national home prices fell 0.1% in April 2026, leaving the national median home value at approximately $910,000. Capital-city prices fell 0.2% during the month, with the capital-city median at approximately $1.017 million.

More recent commentary forecast annual 2026 price declines of approximately 3% in Sydney and 4% in Melbourne, while other capitals were expected to record growth. That outlook was linked to weak confidence, rate increases and global uncertainty.

Global Economic Factors

Global conflict and economic uncertainty can affect consumer sentiment, financial markets and expectations for interest rates. Recent property commentary linked weaker confidence partly to geopolitical tensions and three interest-rate increases during 2026.

The tension between short-term affordability pressure and longer-term housing scarcity is likely to shape the remainder of the year.

Australian Property Market Forecast

Winter Property Market Outlook

The Winter Property Market Australia outlook remains subdued. Auction activity is likely to fluctuate around relatively low winter volumes, and final clearance rates may move above and below 50% depending on the weekly mix of properties.

The current Australian Property Auction Market Report does not point to a broad seller-market recovery. A more convincing change would require several consecutive weeks of stronger final results, not simply an improvement in preliminary numbers.

Expected Auction Volumes

Cotality expected approximately 1,413 capital-city auctions for the week ending 19 July. That would represent an 8.4% increase from 12 July, but volumes would still be 9.5% below the same period in 2025.

Sydney and Melbourne were forecast to remain more than 13% below their corresponding auction volumes one year earlier. This supports the broader Winter Property Market Australia picture of reduced stock and continued vendor caution.

Melbourne Market Forecast

The Property Market Forecast Australia outlook suggests Melbourne will remain buyer-favourable across many segments. Homes requiring renovation, properties with compromised layouts and those carrying high holding costs are likely to face more resistance.

Entry-level houses, well-positioned townhouses and turnkey family homes should remain more resilient. For those considering Melbourne Property Investment, the difference between property types and locations is likely to remain more important than the city-wide average.

Regional Victoria Forecast

The Victoria Property Market Update indicates that Geelong, Ballarat and Bendigo should continue attracting buyers seeking value beyond metropolitan Melbourne. Performance will remain suburb specific, with established employment, transport, amenities and rental demand becoming increasingly important.

The outlook for Regional Victoria Real Estate remains comparatively resilient, but investors should not assume every suburb or property type will follow the same path. PropTrack has previously reported stronger annual growth in regional markets than in the capitals, supported by affordability and lifestyle demand.

Opportunities for Buyers and Investors

Sydney is also expected to continue showing a clear divide between premium and affordable areas. Brisbane, Adelaide and Perth retain stronger supply-and-demand fundamentals, although affordability may slow the pace of growth.

The current Property Market Forecast Australia presents more negotiating scope for buyers, particularly where a property passes in, needs work or has remained available longer than expected. Genuine scarcity can still produce a strong result, so preparation remains important.

Investors should continue to focus on rental demand, holding costs and the individual property. The national market is not universally weak, and regional markets are not universally strong. The opportunity depends on the asset, location and purchase terms.

Why Choose Ham Kerr Property

Melbourne Property Experts

At Ham Kerr, we use reports like this to help clients interpret changing conditions rather than rely on a single headline figure. Our team considers the property, likely buyer pool, comparable evidence and the selling method that best suits the campaign.

Local Market Knowledge

Our work across Melbourne’s eastern suburbs gives us a practical view of how broader market movements can play out at a local level. You can learn more About Ham Kerr Property and our experience across property management, residential sales, and finance and investment services.

Property Sales Support

Whether the right approach is auction, private sale or expression of interest, the sales strategy should reflect the property and current demand. Our team can assist owners seeking Melbourne Property Sales support with campaign planning and market guidance.

Investment Advice

For owners and investors, this report is most useful when combined with property-specific analysis. Our services include property management, residential sales, and finance and investment services for owners and investors. 

Property Management Services

Our property management team supports rental property owners with marketing, renter selection, rental agreements, rent collection, inspections, maintenance, compliance and vacancy management. Learn more about our Property Management Melbourne and Rental Property Management services, or contact our team to discuss your property. 

Frequently Asked Questions

1. What is the Australian Property Auction Market Report?

The Australian Property Auction Market Report provides a weekly overview of auction clearance rates, buyer demand, seller activity, auction volumes and property market trends across Australia’s major capital cities and regional markets.

2. What was Australia’s auction clearance rate for the week ending 12 July 2026?

Australia recorded a final combined capital-city auction clearance rate of 48.5%, marking the seventh consecutive week below the 50% level despite a modest improvement from the previous week.

3. How did Melbourne perform during the week ending 12 July 2026?

Melbourne recorded 576 auctions with a 50.3% final auction clearance rate. The Melbourne Auction Clearance Rates showed a slight improvement from the previous week, while the wider market remained buyer-friendly.

4. How did Sydney’s auction market perform?

The Sydney Property Market held 444 auctions and achieved a final clearance rate of 50.7%. Although the result improved, auction volumes declined significantly as many vendors remained cautious.

5. Which Regional Victoria markets performed well?

The Geelong Property Market, Ballarat Property Market and Bendigo Property Market continued to show resilience, supported by affordability, employment, infrastructure, tight rental conditions and buyer demand. Performance still varied by suburb and property type.

6. Why are auction clearance rates revised after the weekend?

Preliminary clearance rates are based on early reported outcomes. Final rates are updated when additional sold, passed-in and withdrawn results are collected, giving a more complete measure of market performance.

7. How are interest rates affecting Australia’s property market?

Higher interest rates are reducing borrowing capacity, increasing mortgage repayments and encouraging buyers to negotiate more carefully. They are also influencing vendor confidence and auction activity.

8. Is Melbourne currently a buyer’s market?

Melbourne remains largely buyer-favourable, with greater negotiating power available for properties that pass in, need renovation or have compromised features. Quality homes in desirable locations can still attract strong competition.

9. Is Regional Victoria still a good place to invest?

Many locations across the Victorian Property Market continue to attract buyers and investors because of affordability, population movement, rental demand and lifestyle appeal. The result varies by suburb, so property-specific research remains essential.

10. How can Ham Kerr Property help buyers and sellers?

Ham Kerr Property supports clients with buying, selling, investing and property management across Melbourne’s eastern suburbs. Our role is to help clients make informed decisions using current conditions, local market knowledge and property-specific advice.

The Australian Property Auction Market Report for 12 July 2026 shows a market that is improving at the edges rather than moving into a broad recovery. Buyers have more room to negotiate, but correctly priced, scarce and well-presented properties can still create strong competition.

To discuss your property, sales strategy or investment plans, Contact Ham Kerr Property and speak with our team about the next practical step.