In Melbourne’s current auction market, approximately 35–40% of properties are passed in, meaning they don’t sell on auction day (CoreLogic/Cotality, April 2026). While this can be disappointing, it’s a common outcome. Most passed-in properties do sell within a few weeks via private negotiation, with the highest bidder having the first opportunity to negotiate. Vendors should […]
Auction remains a viable sales method in Melbourne’s eastern suburbs, the Mornington Peninsula, and the Bellarine Peninsula, but requires careful consideration in the current market. While vendor confidence has increased with rising listings (Raine & Horne reported listings up nearly 40% since December 2025), recent RBA rate hikes have introduced caution and dampened buyer urgency
Auction remains a viable strategy for many Melbourne vendors in April 2026, particularly in the eastern suburbs where a strong auction culture exists. However, with clearance rates tracking in the low-to-mid 60% range, approximately 35–40% of properties are currently passed in (REIV). Vendors should carefully consider their property’s appeal, location, and establish a clear post-auction
