Bloomberg
Sydney Home Auction Activity Weakens as Costs, Tax Changes Weigh
Sunday, June 28, 2026
**Sydney Home Auction Activity Weakens Amid Interest Rate Increases and Tax Changes**
Sydney's home auction clearance rate reached its lowest level in more than six years during a recent weekend. The decline coincided with recent interest rate increases and changes to property taxes. Property prices have moderated after a period of sustained growth in preceding years.