Adelaide is gearing up for a bumper auction weekend, with PropTrack data revealing the number of auctions set to go under the hammer is up significantly on previous weeks.
According to its figures, there are 207 properties scheduled to hit the auction block by the weekend’s end.
This is up on last week’s 132, the prior week’s 103 and the week before that’s 124.
Despite this it is still down 5 per cent on the number of properties scheduled for auction in the same week last year.
Adelaide’s gearing up for a big weekend of auctions.
Breaking it down, 200 of this week’s auctions will be held in metropolitan Adelaide, while the other seven are in regional South Australia.
There are 192 auctions scheduled across South Australia for next week, before they fall off a cliff the week after, where just 54 are scheduled to go to auction.
Clearview, 8km north of Adelaide in the City of Port Adelaide Enfield, and Rostrevor, 10km northeast of Adelaide in both the City of Campbelltown and Adelaide Hills Council, are the state’s top auction suburbs with six scheduled auctions each, closely followed by Magill, in Adelaide’s east, and Prospect, in Adelaide’s north, with five each.
More than 200 SA homes hit the auction block this week.
Hillcrest rounded out the top five with four scheduled auctions.
Adelaide’s bumper auction week mirrors other blockbuster weeks around the country, including Victoria where 1812 properties will hit the auction block, and New South Wales’ 1071.
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Universal Buyers Agents director Darren Piper said spring was bringing a flood of quality homes to the market, but naturally only one person can win, leaving many to miss out.
So how can you maximise your chances of winning?
Here are a few insider tips to help you bid like a pro, he says.
1. Understand the auction clearance rate
Auction clearance rates are a great snapshot of the market’s temperature, he says.
“A 70 per cent-plus rate usually means buyer confidence is high and competition is fierce,” he says.
“Lower rates around 40 to 50 per cent can signal more opportunities for savvy buyers.”
2. Do your homework
“Before you even think about bidding get your finance pre-approved,” he says.
“Attend a few auctions to watch how the pros do it.
“Research comparable recent sales so you know what a fair price really looks like.
“Confidence comes from preparation – and sellers can sense it.”
3. Don’t obsess over the reserve price
It’s tempting to fixate on what the seller might accept, Mr Piper says, but reserves can change right up to auction day.
“Instead, set your own walk-away price based on facts, not emotion,” he says.
“If the bidding goes above your limit, step back and smile – the right home is still waiting for you.”
4. Use body language to your advantage
“Project confidence, even if your heart’s racing,” he says.
“Open with a strong bid near the reserve, make your offers quickly, and don’t hesitate. “Hesitation signals weakness – fast, assertive bids often spook your competition into stopping earlier.”
5. If the property passes in, stay calm
If no one meets the reserve, the highest bidder gets the first chance to negotiate,” he says.
“This is where emotions run hot and where having an expert negotiator on your side can save you thousands.”
6. Don’t let FOMO drive your decisions
Fear of missing out is one of the costliest mistakes buyers make, Mr Piper says.
“If you lose an auction, take it as information, not failure.
“The right property will come up soon, and your preparation will pay off.”
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