The auction clearance rate represents the percentage of properties offered at auction that are sold under the hammer. As of December 2025, it’s a key indicator of market strength and buyer confidence, providing a snapshot of demand versus supply.
Currently in Melbourne, and particularly within the Eastern Suburbs – areas like Balwyn, Doncaster, and Ringwood where Fletchers has a strong presence – the clearance rate fluctuates. In December 2025, we’re observing rates between 65-75% depending on the property type and location. In 2026, a moderate growth forecast of 3-6% suggests a generally stable market. Sellers should realise that clearance rates aren’t uniform; well-presented family homes near sought-after schools and transport consistently achieve higher results. The typical campaign duration remains 4-6 weeks, with buyers prioritising properties offering renovation potential and light-filled spaces. A successful auction relies heavily on thorough preparation – styling can range from $2,000 to $8,000, and professional photography is essential. Fletchers’ agents utilise technology to provide clients with real-time updates throughout the campaign, allowing for strategic adjustments based on buyer feedback and market conditions. Agent commission typically falls between 1.5-2.5% of the sale price.
Understanding the auction clearance rate, alongside factors like presentation and strategic marketing, is crucial for Melbourne property sellers in 2026.