Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Guardian - AU
The Guardian - AU
National
Cait Kelly

Australia has a unique love affair with house auctions. Is it starting to come to an end?

Auctioneer gestures while standing on a residential street with onlookers and houses behind him
Data reveals the number of properties going to auction across Australia has dropped, while the total number of properties for sale is up by about 23%. Photograph: Diego Fedele/AAP

It’s almost a national pastime. Every weekend on streets and in cul-de-sacs, there’s an agent enacting a familiar ritual.

“I have $900,000, can I get $910,000? Nine ten, now twenty. Twenty, can I say thirty? Give me thirty, thirty …” the (mostly) men in blue suits cry, traditionally amid a throng of people about to make one of the most important decisions in their lives.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.