auction news australia

Some of the prettiest period homes are set to go under the hammer on Saturday, in what is set to be a "Super Saturday" for Ray White with its highest volume of houses to go under the hammer this year.

This week 1,400 homes went to auction across the combined capital cities, returning a preliminary auction clearance rate of 59.1 per cent, while last week there were 1,324 auctions and the final clearance rate came in at 54 per cent, according to data from CoreLogic.

The first week of August has seen 1,316 homes taken to auction across the combined capital cities this week, returning a preliminary auction clearance rate of 56.2 per cent.

The infamous 'Taj on Swan' block, and Australia's 'ultimate horse property', have both been passed in at auction over the weekend, as the final week of July returned a preliminary clearance rate of 58.4 per cent across the combined capital cities.