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Melbourne’s property market entered its traditional AFL Grand Final pause over the weekend ending Sunday, 27 September 2026. Only a fraction of the properties that would normally come to auction were listed, giving buyers, sellers and agents a short interruption before the expected return of much heavier spring activity in October.

Melbourne’s spring auction market faced its most meaningful test so far over the weekend ending Sunday, 20 September 2026. More properties came to market, but the larger supply of homes was met with a softer clearance rate.

This Australia Weekly Property Market Report finds Melbourne’s spring auction market gathering momentum, with volumes rising materially and clearance rates holding above 60% across several preliminary datasets. For vendors coming out of a weak winter, that is encouraging. Even so, conditions remain substantially more sensitive to buyer budgets than they were a year ago.

Australia’s final weekend of winter delivered a modest lift in auction activity and clearance rates, providing the first meaningful signs of the usual seasonal move into spring. Even so, the broader market remains substantially weaker than it was a year ago, while renewed concern about another Reserve Bank rate increase is likely to keep buyers cautious and disciplined.

The Australia Weekly Property Market Report for the week ending 6 September 2026 shows Melbourne has opened the 2026 spring selling season with a cautiously encouraging auction result. However, the broader evidence continues to point to a market that rewards realistic vendors rather than one returning to widespread price growth.

Australia Weekly Property Market Report for 23 August 2026. Explore Melbourne, Sydney and Brisbane auction results, RBA impacts and spring outlook.

Australia Weekly Property Market Report for 16 August 2026. Explore Melbourne, Sydney and Brisbane auction results, RBA impacts, regional Victoria trends and the spring outlook.

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Australia’s Weekly Property Market Report for 9 August 2026. Explore Melbourne auction results, Sydney and Brisbane trends, Regional Victoria insights and market forecasts.

Melbourne recorded a 59% Domain clearance rate from 373 reported auctions, with 221 sales, 87 properties passing in and 65 withdrawals. The median auction price was $910,500.

While this represented an improvement on some of Melbourne’s weaker winter weekends, the result remained below the 66% recorded at the same time last year.

The Australia Weekly Property Market Report for the week ending Sunday, 26 July 2026 shows a modest improvement in preliminary auction results. However, buyer caution, reduced investor participation, elevated pass-ins and subdued vendor confidence continued to shape the winter market.

The Australian Property Auction Market Report for the first week of July 2026 shows a market that has moved firmly into buyer-sensitive territory. The Melbourne auction market remained under pressure, while the wider Victoria property market reflected cautious buyer sentiment, softer auction clearance rates and a measured market outlook. Across Australia’s winter property market, buyers remain active, but they are carefully comparing market evidence and avoiding emotional overbidding.