Auctions and negotiation

Inner West Auction Data to 19th September

September 25, 2026
•
4
min read

Spring is here and it's typically the busiest auction season. Last weekend provided an excellent indication of how the Inner West is behaving compared with the rest of Sydney.

While Sydney auction clearance slipped below 50% for the week ending Saturday 19 September 2026, the Inner West sat above, as it consistently does.

Across the suburbs I track each week, 63.9% of reported auctions sold, compared to just 49% across Sydney. That's a 15% gap and second consecutive week of Inner West clearance sitting in the mid 60s.

Here's a full breakdown of the weekend's Inner West auction results, with and a peak into what the numbers mean which can help you if you're planning on buying in the Inner West shortly.

Inner West clearance holds while Sydney softens

Sydney clearance has eased for three weeks in a row, from 56% in the week ending 29 August to 54%, then 52%, and now 49%. The Sydney median auction price for the week was $1,600,000.

Interestingly, the Inner West has not followed this trend. My tracked suburbs cleared 64.0% the week before and 63.9% last week, which tells me that local buyer demand is holding up. This could be a reflection of the low levels of stock we are seeing right now, and the relative affordability of the Inner West compared to other Sydney metro LGA's.

Properties that offer strong owner-occupier demand (scarce property types, aspirational lifestyle, proximity to the CBD), continue to support Inner West auction results when the wider market cools.

There were 76 auctions listed across my tracked Inner West suburbs, with 61 reporting a result. Of those, 39 sold, 10 passed in and 12 were withdrawn, while 15 were postponed.

Why so many postponed?

The 15 postponed auctions are the standout number this week. Nearly one in five scheduled Inner West auctions was moved to a later date. This usually means an agent wants more time to build buyer interest, as the campaign has not generated the competition the agent hoped for.

For buyers, if an agent has genuine buyers getting ready, it could be an idea to consider a pre-auction offer. A good example this week was 8 Burnell Street, Drummoyne. It was postponed on 12 September and then sold prior to auction the following week.

The 12 withdrawals are also worth investigating. A withdrawal can mean the property will be switched to for-sale and the vendor may have revised their price expectations because there's not enough interest at their desired price.

Pre-auction sales are still strong

Of the 39 Inner West sales, 22 (56.4%) sold prior to auction rather than at auction. That is down from 62.5% in mid August, but it is still more than half of all sales.

This is key for buyers to know because it means there's much less certainty about the sale method in this market. There's more nuance than a hot market where most sell at auction. When a significant chunk of sales happen before auction day, the buyer who is organised early often secures the property. Having finance approved, a building and pest report booked and your contract reviewed before the campaign ends puts you in a position to make a strong pre-auction offer rather than waiting for Saturday.

Houses vs units

Houses outperformed units again this week. Inner West house clearance was 66.7% (20 of 30 reported house auctions) against 62.5% for units (15 of 24). Townhouses were softer, with 2 of 5 selling, although that is a very small sample.

The unit market is steady but more selective. Well-presented units in walkable locations are selling, while units with compromises on layout, parking or strata are more likely to pass in.

Performance by suburb

Petersham was the standout suburb, selling all five of its auctions. Results included 36 John Street at $2.75 million prior to auction, 40 Station Street at $2.311 million at auction, 103/15 Regent Street at $830,000 prior to auction, 4 Coronation Avenue (price withheld) and 47 Shaw Street, which sold after auction.

Glebe also cleared all three auctions. 20 Toxteth Road sold for $4.2 million, the top Inner West result of the week, alongside 5 St James Avenue at $1.795 million and 1/1 Reuss Street prior to auction.

Erskineville was strong, with 4 of 5 reported auctions selling. 17 Binning Street sold at auction for $2.76 million, 76 Prospect Street for $1.8 million and 27/127 Railway Parade for $1.085 million prior to auction.

Newtown, Five Dock, Enmore and Sydenham sold every reported auction. In Enmore, 28 Juliett Street sold at auction for $1.686 million, while 95 Station Street, Newtown sold for $1.842 million prior to auction.

Drummoyne and Alexandria were busier but more mixed, each selling 3 of 5 reported auctions. Drummoyne's results included 12/74 Wrights Road at $2.161 million.

The softer results came from Ashfield (1 of 4 reported), Dulwich Hill (2 of 5) and Lilyfield, where three auctions were postponed and the one reported auction was withdrawn. Croydon Park, Summer Hill and Lewisham each had a single reported auction that did not sell.

A note on sample size: most suburbs only had a handful of auctions this week, so single-week suburb results are directional. I track clearance over a rolling eight-week window to get a more reliable read on each suburb.

Top Inner West auction sales

  • 20 Toxteth Road, Glebe: $4.2m (at auction)
  • 80 College Street, Balmain: $3.585m (prior to auction)
  • 17 Binning Street, Erskineville: $2.76m (at auction)
  • 36 John Street, Petersham: $2.75m (prior to auction)
  • 16 Cheltenham Road, Croydon: $2.738m (at auction)
  • 66 Percival Road, Stanmore: $2.725m (prior to auction)

Passed in opportunities

Ten properties passed in last weekend, and two properties sold after auction. 68 Wells Street, Annandale passed in on a highest bid of $2.565 million, and 6/4 Hunter Street, Lewisham passed in on a highest bid of $880,000.

When a property passes in, the highest bidder gets the first chance to negotiate, but other buyers can still make an offer. With Sydney clearance now below 50%, more vendors are open to post-auction negotiation, which can give well-prepared buyers some leverage.

What this means for Inner West buyers

Quality houses in sought-after suburbs like Petersham, Glebe and Erskineville are still selling well, often before auction day. At the same time, rising numbers of postponed auctions, withdrawals and a softer Sydney-wide market mean there is more room to negotiate on properties that do not attract strong competition.

For buyers, that means being ready to act quickly on the best properties while staying patient and strategic on the rest. Know your numbers, understand recent comparable sales and keep an eye on postponed and passed-in listings.

The Stats

  • Inner West clearance: 63.9% (vs 49% Sydney-wide)
  • Listed: 76 across tracked suburbs (61 reported)
  • Sold: 39 | Passed in: 10 | Withdrawn: 12 | Postponed: 15
  • Sold prior to auction: 56.4% (22 of 39 sales)
  • House clearance: 66.7% | Unit clearance: 62.5%
  • Sydney median: $1,600,000

Frequently Asked Questions

What is a good auction clearance rate? Above 70% generally indicates a strong sellers' market with competitive bidding. Between 60% and 70% suggests balanced conditions, and below 60% points to a buyers' market. At 63.9%, the Inner West is sitting in balanced territory, while Sydney overall at 49% is leaning towards buyers.

Why does the Inner West clear higher than Sydney overall? Limited stock, tightly held pockets, strong owner-occupier demand and proximity to the CBD all help the Inner West outperform the wider Sydney market.

Why are so many auctions being postponed? They usually happen when an agent wants more time to build interest, the campaign has not attracted enough competition, or the key buyer is out of town.

What does "sold prior to auction" mean, and why does it matter? It means the property sold before auction day, usually because one buyer made a strong offer or the vendor wanted certainty. When more than half of sales happen this way, waiting until auction day can mean missing out.

What happens when a property passes in? If the reserve is not met, the property passes in. The highest bidder gets the first right to negotiate with the vendor, but other buyers can still make offers.

Which Inner West suburbs are most competitive right now? Petersham, Glebe and Erskineville recorded the strongest results last week, with Newtown and Five Dock also clearing every reported auction.

Is now a good time to buy in the Inner West? Conditions are balanced. The best properties still sell quickly, but softer Sydney-wide results, more postponed auction and more passed-in properties are giving buyers more room to negotiate on everything else.

Are auction price guides reliable? Price guides are a starting point only. Comparable sales, current market conditions and real buyer demand give a much more accurate picture of what a property will sell for.

Can you represent me at auction or after a property passes in? Yes. I offer auction bidding representation and post-pass-in negotiation for buyers who want an experienced advocate on their side.

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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