Melbourne's auction clearance rate climbed to 60.1% for the weekend of 13–14 June 2026, bouncing back from the previous week's 57.6% — even as the national average remained subdued at 49.8%. If you're buying, selling or thinking about refinancing ahead of Tuesday's RBA board meeting, these numbers carry real implications for your next move. Here's a complete state-by-state breakdown and what it means for Melbourne borrowers.
KEY TAKEAWAY: Melbourne's clearance rate of 60.1% (921 auctions) is well above the national average of 49.8% — but still 11 percentage points below the same weekend last year. The market is competitive but not euphoric: buyers have more power than 12 months ago, especially in Melbourne's west and north.
What Was the National Auction Clearance Rate This Weekend?
According to My Housing Market, the national weekend auction market recorded an average clearance rate of 49.8% for the week ending Saturday 13 June 2026 — slightly lower than the 50.5% reported the previous week, and well below the 65.0% recorded over the same week last year. The national figure reflects a market still adjusting to three consecutive RBA rate rises in 2026, with the cash rate currently sitting at 4.35% following May's increase.
Despite the subdued national picture, auction volumes surged this week, with significantly more homes going to auction than in the previous holiday-impacted week. Sydney alone listed 1,033 properties compared to 712 the week prior. This listing surge is a positive signal for buyers who have been frustrated by a lack of choice.
State-by-State Auction Results: 13 June 2026
Here is the complete state-by-state breakdown sourced from My Housing Market for the week ending Saturday 13 June 2026. Preliminary figures are subject to revision as late results are reported. Perth clearance rates are tracked by Cotality (not REIWA, which tracks transaction volumes); Perth's small auction sample (~13–14 per week) makes the figure statistically indicative only. TAS and NT data is not published due to minimal auction activity.
| State / Territory | Clearance Rate | Auctions Held | Week-on-Week | Median Price (Houses) |
|---|---|---|---|---|
| NSW (Sydney) | 62.0% | 1,033 | ▼ −0.5pp | $1,750,000 |
| VIC (Melbourne) | 60.1% | 921 | ▲ +2.5pp | $992,500 |
| QLD (Brisbane) | 30.2% | 137 | ▲ +15.3pp | Data pending |
| SA (Adelaide) | 49.6% | 103 | ▼ −4.9pp | Data pending |
| ACT (Canberra) | 47.3% | 92 | ▼ −15.6pp | Data pending |
| WA (Perth) | 64.3%† | 14† | ▲ +9.8pp† | N/A (small sample) |
| TAS / NT | Auction data not published — private treaty dominant | |||
Source: My Housing Market / Property Update (Dr. Andrew Wilson), week ending 13 June 2026. Brisbane, Adelaide and Canberra medians not published by My Housing Market. Preliminary figures subject to revision. Week-on-week = change in clearance rate vs previous week. Brisbane's large positive swing reflects recovery from an unusually low holiday-week result the previous week (14.9%). † Perth data sourced from Cotality, week ending 7 June 2026 (64.3%, 14 auctions). Cotality's June 13 preliminary Perth figure was not yet published at time of writing. Perth clearance rates are tracked by Cotality; REIWA tracks sales transaction volumes (not clearance rates) and is the equivalent of REIV for WA. With fewer than 15 auctions per week, Perth figures should be treated as indicative only.
Melbourne in Focus: Which Suburbs Are Performing Best Right Now?
Melbourne's overall clearance rate of 60.1% masks significant variation across the city. According to My Housing Market data, Melbourne's Inner Urban region (which includes city-fringe suburbs) delivered the strongest performance at 69.3% from 75 auctions, with a median sale price of $1,363,000. The North East led all regions at 70.8% from 72 auctions at a median of $826,500 — a result that signals strong demand at more accessible price points.
For buyers focused on Melbourne's western suburbs — including IFG's service areas of Keilor East, Niddrie and surrounding areas — the West region recorded a clearance rate of 50.7% from 138 auctions, with a median of $900,000. A clearance rate around 50% is a buyer's market signal: roughly half the properties that went to auction either passed in or sold prior, giving buyers genuine negotiating power.
The Northern region, which includes Coburg, Fawkner and Pascoe Vale, recorded the lowest clearance rate at 45.6% from 68 auctions at a median of $875,500 — a significant opportunity for buyers who've been priced out of tighter inner-city markets.
Melbourne Regional Breakdown — Week to 13 June 2026
| Region | Auctions | Clearance Rate | Median Price |
|---|---|---|---|
| Inner Urban | 75 | 69.3% | $1,363,000 |
| North East | 72 | 70.8% | $826,500 |
| South East | 40 | 65.0% | $893,000 |
| Outer East | 45 | 62.2% | $1,031,000 |
| Inner East | 91 | 57.1% | $1,311,600 |
| Inner South | 84 | 54.8% | $1,011,000 |
| West | 138 | 50.7% | $900,000 |
| Northern | 68 | 45.6% | $875,500 |
| Melbourne Total | 613 | 60.1% | $916,750 |
Source: My Housing Market, week ending 13 June 2026. Figures are preliminary. House clearance rate was 57.4%; unit clearance rate was 61.4%.
Notable sales in IFG's core service areas included 6 Trinafour St Moonee Ponds at $2,600,000 and 28 Diamond St Niddrie at $2,970,000. The headline Melbourne result was 37–39 Bournian Av Strathmore, which sold for $5,300,000 — a significant result near IFG's north-western Melbourne service area.
What's Driving the Market: RBA, Rate Expectations and Listing Volumes
The post-holiday listings surge is the clearest driver of this week's data. A public holiday in the previous week suppressed auction numbers; the subsequent bounce-back loaded up the Saturday programme and gave buyers more genuine choice than they've had in months. Higher listing volumes typically moderate price pressure and allow buyers to be more selective — both at auction and in private treaty negotiations.
The bigger story heading into this week is Tuesday's RBA board meeting. The cash rate currently sits at 4.35% following the May 2026 rise — the third increase in 2026. Economists remain divided, but the weight of expert opinion has shifted toward a pause. Commonwealth Bank economists expect the RBA to hold. NAB Chief Economist Sally Auld stated on 9 June 2026: "We have greater conviction that the next move in rates is down, but less conviction on the timing." Westpac continues to forecast further increases in August and September, however.
Unemployment rose to 4.5% in recent data — a signal the previous rate increases are flowing through to the economy — and consumer confidence remains fragile. This is the context in which buyers and sellers are making decisions at the auction room on any given Saturday.
For investors, the 2026 Federal Budget's changes to negative gearing and the CGT discount have introduced additional uncertainty. You can read IFG's full analysis in our post on negative gearing and CGT changes for property investors.
Is Now a Good Time to Buy in Melbourne? What the Data Really Means
A clearance rate of 60.1% sits in what economists describe as a "broadly balanced" market — above the buyer's-market threshold of 55% but well short of the frenzied 70%+ conditions seen in the boom years. For buyers, this environment means:
- Competition exists, but it's manageable. At 60.1%, roughly 4 in 10 Melbourne properties are passing in at auction — creating private treaty opportunities post-auction where emotion has been removed from the negotiation.
- Regional pockets favour buyers. The West and Northern regions at 50.7% and 45.6% respectively offer genuine buyer leverage. These include some of Melbourne's strongest suburb stories — especially Keilor East, where the Melbourne Airport Rail corridor continues to attract long-term buyer and investor interest.
- Units are outperforming houses. Melbourne's unit clearance rate of 61.4% exceeded houses (57.4%) — suggesting strong demand from first home buyers and downsizers at accessible entry points. If you're a first home buyer targeting a unit under $600,000, government scheme eligibility aligns well with current market conditions.
- Pre-approval is critical. In a market that can move quickly at a regional level, having pre-approved finance in place puts you in a position to act the moment the right property appears — without the risk of an unconditional auction bid you can't honour.
For those thinking about refinancing before your next purchase, the period of rate uncertainty actually creates opportunity. Lenders are competing actively for quality borrowers, and a broker with access to the full panel can often uncover cashback offers and rate reductions that don't appear on comparison sites.
IFG's Take: What Our Melbourne Clients Are Telling Us This Week
From Brian Hermosilla (MFAA Member #716100 · Credit Representative 485802 · BLSSA Pty Ltd ACL 391237):
"The mood among buyers this week is cautious optimism — and I think that's exactly the right emotional register for this market. People who were sitting on the sidelines waiting for clarity on rates are starting to move again, particularly in the $700,000–$1.1M range where there's real activity in Melbourne's west. The question I'm hearing most often is not 'should I wait?' but 'am I borrowing the right amount from the right lender?'
The RBA decision on Tuesday is genuinely a coin-flip among the experts, but here's what I tell clients: your loan structure should work for you under multiple rate scenarios, not just the optimistic one. If you're stretching borrowing capacity to its limit on the assumption rates will fall quickly, that's a risk. If you're building in buffer, you're well-positioned regardless of what the RBA does.
For investors, Melbourne's western corridor remains compelling on fundamentals — infrastructure investment, population density, relative affordability. A clearance rate of 50.7% in the West tells me there are negotiating opportunities. That's where I'd be looking right now if I were a client — especially for an SMSF property strategy where the tax efficiency is compelling when structured correctly."
Thinking of Buying, Investing or Refinancing in Melbourne?
Book a free 15-minute strategy call with Brian or Frank. No obligation, no cost to you — we're paid by lenders, not clients. We'll look at your borrowing capacity, loan structure and what Tuesday's RBA decision could mean for your repayments.
Or call Brian on 0401 333 636 | Frank on 0413 032 898
Data accuracy note: Sydney, Melbourne, Brisbane, Adelaide and Canberra clearance rates are sourced from My Housing Market / Property Update (Dr. Andrew Wilson), week ending Saturday 13 June 2026 — confirmed against the published National Weekly Auction Report dated 13 June 2026. Perth clearance rate data is sourced from Cotality (formerly CoreLogic/RP Data), week ending 7 June 2026 (the most recent Cotality Perth figure available at time of publication). REIWA is the WA equivalent of the REIV and tracks sales transaction volumes; clearance rate tracking for Perth is performed by Cotality. All figures are preliminary and subject to revision. Median prices reflect auction results only. This article does not quote specific interest rates or comparison rates.
General information only. Property market data is sourced from third parties and is subject to revision. This article does not constitute financial or property investment advice. Individual circumstances vary — speak with a qualified mortgage broker before making any property or finance decisions. Integrated Finance Group — BLSSA Pty Ltd ACL 391237.