October 23, 2026

Welcome to this week’s Australia Weekly Property Market Report from Ham Kerr Property. The Melbourne property market entered a new phase over the weekend ending Sunday, 18 October 2026, since Victoria’s new auction reserve-price disclosure rules began to apply to residential auctions and fixed-date sales. Agents and sellers now have another thing to manage, with Melbourne reserve price disclosure

This week’s Australia Weekly Property Market Report shows that Australia’s spring property market is still under pressure. National auction clearance rates stayed below 50% for the second weekend in a row, even though auction activity increased.