Auctions and negotiation

Auction Intelligence Report to 30th May 26

June 17, 2026
1
min read

Buyer’s Agent Read

The Inner West market looks stronger than Sydney overall, with a 57.0% auction clearance rate vs. Sydney’s 51.0%. This includes properties sold prior to auction. There were 36 sold prior and 29 sold under the hammer, which tells me vendors and agents aren't collecting enough competition to run the property to auction. That's a rate of 31.6% sold prior to auction and 25.4% sold at acution.

While the Inner West is performing better than Sydney as a whole, it's still a tough marke to sell in. The withdrawn/postponed load is heavy, especially in Ashfield, Drummoyne, Five Dock, Strathfield and Balmain. That points to price resistance from both buyers and vendors. Good A-grade property in tightly held pockets is still moving, but weaker propertiesare being pulled, delayed, or failing to meet reserve.

For buyers: compete hard on the right asset, but do not treat the whole Inner West as uniformly hot. The opportunity is in campaigns with weak attendance, postponed history, high vendor expectations, or passed-in/withdrawn comparables nearby.

The stats

Of the reported auctions (Domain's denominator):

  • 114 auctions reported
  • 57% clearance rate across the Inner West
  • 25.4% sold at auction
  • 31.6% sold prior
  • 16.7% passed in
  • 24.6% withdrawn
  • 1.8% sold after
Rhiannan Jenkins
Rhiannan Jenkins is the founder of Sourced Property and a buyer’s agent focused on Sydney’s Inner West. She works with buyers across full search, negotiation, and auction representation, with a practical approach grounded in local market knowledge and thorough property assessment.

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