Auction clearance rates drop, but experts say its good news for first home buyers
Auction clearance rates have fallen to 50 percent following recent changes to negative gearing and capital gains tax. Experts suggest this decline may benefit first-home buyers as the investor market becomes less appealing. The overall sentiment in the property sector has shifted, indicating a normalization of the market.
- ▪Auction clearance rates dropped from 56.5 percent to 51.7 percent nationally.
- ▪In Brisbane, clearance rates fell from 54.4 percent to 36.5 percent in one week.
- ▪Real estate experts believe the changes will make it easier for first-home buyers to enter the market.
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Auction clearance rates drop to 50 per cent following changes to negative gearing and capital gains taxLBy Liana WalkerTopic:Housing PolicySun 24 May 2026 at 11:36amSun 24 May 2026 at 11:36amSun 24 May 2026 at 11:36amAuction clearance rates have decreased around the country following changes to negative gearing and capital gains tax. (ABC News: Ashlin Blieschke)abc.net.au/news/auction-clears-rates-drop-to-50-per-cent/106714340Link copiedShareShare articleNegative sentiment around the property sector has started to make its way into the marketplace since the federal budget, but real estate experts say it may prove to be good news for first-home buyers.
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Excerpt limited to ~120 words for fair-use compliance. The full article is at ABC News (Australia).