Stock needed to meet demand as 2025/26 year kicks off
Ray White NSW & ACT concluded the 24/25 financial year with 10,896 scheduled auctions which marks a 5.16 per cent increase on the year prior.
The network averaged 4.1 registered and 2.5 active bidders per auction, resulting in a 76.6 per cent clearance rate. However, these metrics were slightly down year-on-year.
We saw a significant shift in buyer behaviour in our regional markets, averaging 3.1 registered bidders across the 1,771 scheduled auctions, up 16.7 per cent year-on-year. In contrast, our metro markets averaged 4.4 registered bidders across 9,125, marking a 9.49 per cent decline.
In 2025 we’ve seen some relief for mortgage holders and increased confidence for potential purchasers as the RBA began to cut interest rates. In the fourth quarter of the financial year we saw an increase in average registered bidders to 4.6 and average active bidders to 2.7 per auction which resulted in an 80 per cent clearance rate.
As we begin the new financial year, the anticipation of more stock is felt across the markets, as sellers seem to be holding off until spring. Despite the RBA’s decision to hold the cash rate last week, future rate cut predictions, partnered with more properties on the market, will continue to provide buyers with confidence and options as we head into spring selling season.